With markets down significantly, is this the time to start testing the waters?
Tag - Investing
The worst type of investing is trying to time the market.
History repeatedly shows us that markets recover from bad periods and that investors who ride out the tough times tend to do much better than those who sell out of the market.
During my three years working for a stockbroking firm, I learnt the difference between being an investor and being a speculator
Many investors who run their own portfolios via their stockbrokers often end up with a “neglected portfolio” or become frustrated with the performance of their portfolio.
Global macro indicators are currently strong, with a clear cyclical recovery underway in most regions of the world. Expectations are high for a continuation of this economic strength, which is currently underpinning risk assets.
While we are getting our debts under control we are not investing in wealth-creating assets.
For as little as R100, #invest gives you access to a managed portfolio, share education resources and a monthly market update.
So you finally decide to venture into the stock market, but where can you find an investing platform that is friendly for the beginner investor?
If you were to invest R10 000 today instead of spending it on your child's 21st birthday party, it could be worth R360 000 by the time she turns 50.