There is a great deal of publicity regarding the importance of diversifying your investments offshore, and rightly so. Not only does it provide protection against political risk, economic risk and a weakening rand, but importantly, it also provides access to a greater investment opportunity set.
As a trader, you need to be aware of certain notions in the markets. These notions can affect your trading significantly, especially during volatile market conditions. To make better trading decisions, the three concepts you need to be aware of are liquidity, slippage and swaps.
An endowment is a life insurance product that is usually used as an investment vehicle in financial planning because of its potential tax and estate planning benefits. While it seems that endowments tend to be used less frequently these days in favour of other available investment wrapper types, they remain an important part of a financial adviser’s tool kit when doing investment planning.
Combining your retirement fund contributions in, for example, your retirement annuity (RA) with a tax-free investment (TFI) could extend the period over which you will receive an income at retirement by as much as 12 years. That’s the word from Tiaan Herselman, Head of Advice at Old Mutual Wealth.
It has been predicted that the nationwide riots and looting that took place in July are likely to cost the country close to R50 billion in lost output. While the exact scale of the loss of earnings, job losses and damage to infrastructure is yet to be quantified, the rand’s drop by as much as 2% against the dollar in the wake of the destruction may leave potential investors second guessing their investment strategies.
Launched in 2020, the inaugural Financial Planning Summit was an outstanding success, with nearly 1000 delegates enjoying the market-leading content. The virtual conference will be brought to delegates in 2021 by The Collaborative Exchange and in conjunction with Investec and Adviceworx as the lead associate sponsors
2020 proved to be a rewarding year for investors in well-diversified South African balanced solutions. Large volatile price movements, driven by the pandemic, across several asset classes, presented return opportunities for active balanced managers.
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za