On 8 May the country voted, and the outcome was realistically near perfect. Now what? We highlight the key results of the elections, its effect on the investment market and the outlook for the rest of the year.
Last week, Investonline hosted Allan Gray, Investec and Old Mutual Wealth at its annual investment seminars in Johannesburg and Cape Town. The presentations were very informative and provided interesting market perspectives while raising thought-provoking financial planning issues. Here is a summary of the presentations.
A vital concept to understand when investing in shares is that to achieve outperformance, you will have to be patient. We expand on this concept with an Allan Gray article that analyses its offshore (Orbis) performance.
Continued load shedding and concerns over Eskom’s survival, plus a constant negative media narrative – appropriate given the circumstances – it’s difficult to be positive in or about South Africa. However, with the JSE up 7% this year, there are many positives that investors need to acknowledge, while being mindful of the risks. We highlight these positives and risks in our second quarter market outlook.
How much do I need to retire? This has always been the burning question. Some experts say it simply comes down to basic maths using these magic numbers: “5, 15 and 75”. But we believe there is a lot more to determine in order to ensure you will have the retirement income you desire.