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I really have no idea what I am doing but do want to start investing so I have something for retirment. Back story : Mid 30s, Homeloan, approx 130k equity. Few bc shares, small amount of cash in bank. I've heard about a investment strategy where I should be buying an investment property...

New to this site, thought I should post. :) Just bought a 3 bed brick in Footscray west. $525.00. Needs some work but overall a bargain. 2 bed up the raod, a little bit nicer to look at sold onthe weekend for $650 :D