We work our entire lives looking forward to a comfortable retirement, which, for many of us, means getting a hard-earned pension payout, says Fred Razak, chief trading strategist at CMTrading. And the South African Treasury recently amended Regulation 28 under the Pension Fund Act.
This limits the extent to which retirement funds can be invested in particular assets. The primary purpose is to protect retirement funds from inadequately diversified investment portfolios. This amendment makes a strong case for diversification. And beyond the sum of your pension fund, diversification of your portfolio can boost your retirement nest egg, CMTrading said.
Municipal bonds guarantee a fixed interest rate over the period of investment. “So, you are pretty secure in knowing how much money you will have access to by the expiry period. With bonds, you can either invest in the short or long-term. But short-term bonds are popular because of their quick accessibility, Razak said.
Recession is here, whether it is official or not. And we have all seen it coming. How long that recession will last, we can’t be sure. Looking back, between 2009 and 2010 and 2012 to 2013, the markets didn’t go up that much. But every other year, we went up about 10 to 15%. That’s a substantial move.
In other words, if you had bought those shares at $5 and held onto them, you could have made a substantial profit by playing a long waiting game. Astute traders know where to look for those stocks instead of the more obvious growth-orientated Microsoft, Google, Apple, Amazon etc. Property prices are steadily rising in Europe and the United States. Values have doubled – even tripled – in the aftermath of Covid. While this may boom and bust as other markets do, currency exchange restraints will always be a factor if you consider leaving South Africa and buying property offshore.Newton’s law of motion states that if an object is at rest or on a single trajectory, it will remain at rest or moving in a straight line unless an external force moves it in another direction.
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