Scott Morris

75%
Flag icon
The first issue you must address is how much money you have available to invest. After factoring in monthly expenses, I prefer to save a set percentage of my earnings as part of an emergency fund for the cost of living overseas. You want this to be a one-to-two year emergency cash reserve that is easily accessible, regardless of what the situation may be or where you are located.   After that, I calculate the amount of money I want or need to reinvest in my business in the next six months. From there, I consider all remaining money part of my immediately investable assets, which I then divide ...more