Healthy Investment 101.

Before one even considers investing, a few checklists need to be justified. Although investing is good for everyone, one should have a little understanding of what type of investment is suitable for them.

Five (5) Important Checklists Before You Consider To Start Investing.

1. Have an investment roadmap.

Discuss with your Unit Trust Consultant to draw a personal financial roadmap. By doing this, you will have a 'peace of mind' kind of investment even when the market is against you. Always stick to the roadmap's final goal (your investment objective).

2. Create and maintain an emergency fund.

Your investment is healthy when you give a longer time horizon for it to grow. Thus, an emergency fund is a source of a contingency plan when an unprecedented event happens along the journey. Thus, one should create an emergency fund before deciding to make any investment.

3. Evaluate your comfort zone on taking risks.

Investments come with risk. Know your risk tolerance to find a suitable investment for you.

4. Pay off high-interest credit card debt first.

High-interest credit card repayments are an every-month commitment. Therefore, it is not wise if one starts investing when it should be for settling the higher interest on credit card repayment first.

5. Avoid circumstances that can lead to fraud.

​Always do a due diligence check-up where your hard-earned money is invested. We do not want to get into any get-rich-scheme or overpromise investment returns program, as this 'too good to be true' scheme usually leads to fraud or scams.

If you’re looking to put some of your hard-earned money to work for you, you should be seeking investment options that offer healthy growth. We can develop your financial roadmap and become your bespoke unit trust strategist to ensure your financial investments stay healthy. Drop an email to: shafara.tainvest@gmail.com for an appointment at our office.