Managed funds are a pretty nifty way to start investing – particularly if you don’t have much cash or you don’t feel confident enough to invest in shares or property by yourself. In fact, you probably already invest in a managed fund through your superannuation. By investing in managed funds you can buy into in a wide range of investments and it also means that you’re paying a professional fund manager to do the investing for you, which is a good thing if you don’t know how (or can’t be bothered!).
Organ transplants are best left to the professionals.
Bart Simpson (Nancy Cartwright), The Simpsons