As the son of teachers, Matthew Campbell had a head start on financial basics and the importance of starting to save when you’re young.
“My dad taught economics and business studies at high school, so I was very fortunate to learn a lot from my parents when I was still at school,” Matthew said.
The commerce graduate decided to invest a portion of his savings with Six Park after a lot of research – and, he admits, a little hesitation.
“I’ve always been fairly risk-averse – my dad was close to retiring from school teaching right at the time of the 2008 Global Financial Crisis, so his super took a huge dive at the worst possible time. That probably affected the way I felt about shares and investing. Before investing with Six Park I had all of my savings in a term deposit, which had never returned much but was completely risk-free.
“After a few years in consistent full-time work I felt like I was at a point where I could afford to take a loss and that, as an absolute doomsday option, losing even the totality of my investment wouldn’t affect my day-to-day life or near future. That’s when I decided to do it, and I haven’t looked back since.”
No commissions, transparent reporting
He said his initial hesitation quickly made way for confidence in the decision he’d made to use robo-advice.
“It was very reassuring to know that all my investments are held in my own name and there are no entrance or exit fees,” he said. “Outside of the low fees, the passion and service of the Six Park team has truly impressed me. I decided to invest on Sunday afternoon, was able to live chat soon after through their website and had my funds received and traded on Tuesday morning.”
Matthew appreciates the transparent nature of Six Park’s business model. “The team is really passionate and I like that there are no commissions involved.”
Since investing in February, Matthew’s account is up about 6%, with international shares, global property and Australian shares offering the strongest growth. By comparison, his term deposits are up 2% over 12 months. Matthew has continued to build his Six Park investment, including rolling over some funds from his term deposits as they have matured.
An investing community
Matthew is a keen AFL fan and follows the Sydney Swans. He loves the outdoors and has fond memories of piling into the car with his parents and older brother to go away during school holidays. He grew up in Kiama, a small coastal town south of Sydney, and is excited about returning to regional life – this time in Hervey Bay, Queensland – after a stint living and working in Sydney.
“I’ve missed the really close sense of community that’s such a part of regional life,” he said. “Coming from a small community like Kiama to Sydney did make me miss that vibe. It probably sounds a bit strange, but Six Park actually helped take the place of the community I had lost from my home town and local sport.
“I truly feel part of a journey with Six Park – it’s an investing community and Six Park will welcome you whether you’re new to investing or whether you’re experienced in the share market.”