What separates Old Mutual’s Investment Club offering from a Standard Stokvel?
Stokvels are as much a part of our South African heritage as Bobotie and Biltong. It’s estimated that one in every two adult rainbow nationers is a member of at least one of 800 000 stokvels around the country. If you think that is a staggering statistic, consider for a second that South Africans invest […]
Is investing in shares and property similar?
When it comes to your money are you: a) better at blowing it, or b) growing it? I’ll be honest with you. That question made me slightly uncomfortable. I can only imagine how it might have made you feel. Man, I’ve invested in stupid things before. Like the time I cashed in my provident fund […]
PENNY WISE AND POUND FOOLISH INVESTING
How would your attitude to loss change if you had some serious money to invest? Over the years I’ve noticed an interesting thing – the more money people have, the less risk they’re willing to assume. Ask someone investing R500 a month to go into a high equity (Stockmarket) fund with no guarantees, and they […]