How much should I invest with Six Park?
Everyone’s situation is unique, and there are many factors, including your personal needs and circumstances, that you need to consider carefully before making a decision about how much to invest.
You may wish to consult your accountant or adviser to help you work out how much you realistically have available to invest and can afford to lose.
As a general rule, we recommend that you start by ensuring that you are actually “ready to invest”. This means ensuring (among other things) that you are regularly earning more money than you are spending, your debts are under control, you have budgeted carefully to understand your ongoing financial needs and you have determined from all this analysis how much “spare cash” you can afford to put at risk. From this amount, you should then set aside a contingency fund to cover at least three to six months of expenses – just to ensure you have a safety buffer in case any unforeseen emergencies or events arise.
The balance remaining would then be something you could consider investing in line with your financial objectives, risk appetite and target investment horizon. This figure should always only be an amount that you can afford to lose if things don’t go as planned.
Part of your investment could include a portion allocated to a well-diversified, thoughtfully constructed and low-cost portfolio of assets like the ones we offer at Six Park.