In this article, the Financial advisor at Grayswan, Braam Bredenkamp addresses this issue head-on by providing valuable insights and actionable tips for private investors to safely navigate and capitalize on offshore opportunities.
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Six problem areas to avoid stretching your retirement savings cbn.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbn.co.za Daily Mail and Mail on Sunday newspapers.
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Short term investment options 00:01
Higher amounts earn higher interest, with even R1 making a difference. Image: Shutterstock
There aren’t many options when looking for a safe place to stash an emergency fund or save for a dream holiday or a new car. None of the secure investments that offer quick access and an investment horizon of less than a year are very lucrative.
The alternatives when looking at the two scenarios â saving for a specific short term goal or putting something away for an emergency â would yield returns of less than 4% per annum.
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