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Another tool to protect investors against market volatility

MONEYWEB
LIVESTREAM
Offering access to foreign markets.
By Moneyweb
20 Apr 2021
00:08
The last year or so has not been an easy time for anyone.
The Covid-19 pandemic has turned out to be far more than a health crisis, as efforts to halt the spread of the deadly virus have seen much of the worldâs economy being shut down for long stretches over the past year, leaving many feeling financially vulnerable in very difficult times.
In these times of extreme volatility, itâs not surprising that people are looking at various ways to preserve their wealth.
From commodities to stocks and foreign currency, we look at some ways to diversify your savings. ....

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How to save up for when it is safe to travel again

How to save up for when it is safe to travel again
Save for your next trip by saving in foreign currency when the markets are in your favour.
Do you have wanderlust? Join the club. While we wait for borders to reopen for international travel, Nedbank can get you focused onwards and upwards – physically and mentally. It’s about making your money work for you by saving the right way for your international travel goal.
But this is no ordinary savings account. It’s a smart way to bank the benefits that come with putting away money in a foreign currency, when the exchange rate is in your favour. ....

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