Tag - unit trusts; exchange traded funds; saving; investing

What is a unit trust and how do I invest?

“I’ve freed up R500 per month and would like to invest this amount every month in a unit trust account, but I don’t know anything about unit trusts, how they work or who to contact to do this,” writes Thami. Maya replies: This is an excellent question because you want to understand what you are investing in. It is critical before you...

The secret to creating wealth

Earlier this week I was interviewed on radio about savings accounts for children. I related a story about the savings account I opened for my son — a story I have written many times. For the last eight years I have invested R200 a month into Satrix 40, the latest statement shows that the investment is worth R35 200. That relatively small...