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I thought they were using an index fund approach for the future fund...?: http://www.invested.com.au/91/indexing-50-billion-future-fund-26333/

Wow, sounds almost like a full-time J.O.B. doing all that reading? Did you ever read any of Fama and French's work on stock picking vs. index investing?

Not paying much attention to this thread, but on this point above... You can't be serious? I think that's nonsense, the notion that an increased number of property transactions somehow equates to being a ''seasoned investor''...?!