Graduate investment advice

[bishop145]

Hey guys,

I see there are already a few threads with a very similar question but with different circumstances so I figured I start a new one. I've just recently graduated and have a small sum of money I would like to invest. I'm okay with taking risks and think a 5 year plan is probably want I'm most inclined towards. Do you have any advice/suggestions? I've spoken to a few people and I'm leaning towards Coronation's Market Plus fund or the Nedbank Rainmaker fund.

I still have my honours year to complete and have no debt ATM.

 

[henry1103]

Do you wish to be able to withdraw this money within a few days or you not going to touch them?

 

[bishop145]

Not going to touch it

 

[supersunbird]

Why not look at Coronation's Balanced Plus Fund? Very similar performance and composition but flat fee. Coronation Market Plus Fund can have up to a 3% performance fee.

 

[bishop145]

Yeah that was the other one I was keen on, my "financial adviser" friend also suggested it. Although he is CMA

 

[Garson007]

Why not invest in a retirement fund (this includes all the balanced funds)? It's never too early and the more you get in there earlier the better.

 

[bishop145]

Garson007, I plan to do that on the side with payments from this year onward, separate to the money I want to invest now.

 

[modern10]

I would recommend ETFSs. Specifically the SatrixIndi and DBXUS and DBXEU. Very low cost and you can invest as little as R300 per month.