Friends want advice on a retirement portfolio, age 50 with 100000 with more funds becoming available in the future. My idea is direct investment and see if they like it, bulk in NZ only blue chip shares MFT, RYM, AIA, POT, FBU plus 1 property trust, from ASX, BHP and a bank. Should one go further and add Templeton emerging and a Global investment trust? advice appreciated.