I have 5k sitting around in fixed term deposit, getting slig

>>1384923
Don't know anything about the Australian stock market but putting money you absolutely don't need in an ETF is never a bad idea.

Now, if there's chance you're gonna be forced to sell the ETF at a certain point in time to pay a bill or something I'd advise against it.

>>1384923
It's the wrong area.

If you want to get into a good etf look at HVST, but if you love vanguard for some reason go with VHY.

Cash flow, yield. You can take out a margin loan on either (interest is tax deductible) and they will pay out cash higher than the payments.

On a long enough timeline they pay down the loan. Hvst won't give as good capital gain as VHY but stronger steadier dividends (monthly).

Alternatively you can use the dividend payments to make moonstocks bets.

>>1384932
>hvst
I heard that managed funds usually not worth it.

>>1384937
They very rarely are. The open secret about wealth managers is that, despite being so-called specialists in managing and making money, the vast majority are just terrible at it.

Look at it this way. You would expect that a master carpenter is going to be able to do a much better job than a layman at building cabinets or other woodworking projects. However, if master carpenters were as skillful as fund managers, over 95% of the master carpenters would not do as good a job as a person armed only with an Internet connection and practically no experience.

This is the idea behind passive investing using very low-cost index funds. The know-nothing investor who invests in something like a diversified Vanguard fund is very likely to beat an active investor over the long-term: 10, 20, or 30 years.

The only thing all asset managers are good at is making themselves rich.