Looking to invest in something

Archer

Archer

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My first investment was a property that I got at a really good price, but that still sucked up some moola for a while so I wasn't quite able to make further investments. But now I've got a large sum of money lying around and I'm not sure what to do with it. I don't think I want to invest directly into more property, so what are my options? Besides the obvious - go speak to a financial adviser :p I'd like to do some of my own digging this weekend before speaking to someone. Also note I would like to be able to access the funds at reasonably short notice (3 months or less, maybe I can live with 6 months)

Also is there any merit in trying to invest overseas to try beat the dwindling rand exchange rate (I am half considering moving to Europe).
 
Sending money offshore now is probably a bad idea- in the form of investing or direct cash sending. Personally I (and many others) think we are heading for a big crisis soon. In that scenario anything you invest in as well as cash will lose value.

My thinking is to turn cash into something that will be needed and able to be purchased and sold even in the most dire of economic conditions.
 
Your options are property, bonds, pref shares, normal equities, commodities, cash or alternative investments.

You will only be profitable after a long time in the one you understand,
so rather invest inyourself and start learning about the asset classes that interest you.
 
I would put the allowable R30k per year into a tax free savings plan of some sort and then the rest into Satrix or similar and go from there.
 
Freshy-ZN said:
Sending money offshore now is probably a bad idea- in the form of investing or direct cash sending. Personally I (and many others) think we are heading for a big crisis soon.......
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If SA is heading for a big crisis soon why wouldn't OP (and everybody else) send their money offshore? Especially if he has a sum of money lying around depreciating by the hour.

If he has a bank account in another country wouldn't that money be safe?
 
With current depreciating rand and potential property bubble in SA as well as unstable situation in Europe, is US dollar and stocks a sure bet? Would be following the thread closely
 
Zukat said:
With current depreciating rand and potential property bubble in SA as well as unstable situation in Europe, is US dollar and stocks a sure bet? Would be following the thread closely
Click to expand...

No such thing as a sure bet , otherwise everyone would be in it
 
Zukat said:
With current depreciating rand and potential property bubble in SA as well as unstable situation in Europe, is US dollar and stocks a sure bet? Would be following the thread closely
Click to expand...
Not nesecairly. If I recall correctly it was '08 when the rand went to **** and was R14 to the dollar. Lots of people feared the worse and got their cash out the country. Needless to say they then had their money in USD the rand strengthened and theyr'e sitting with a significant loss. Which is why I believe it's best to diversify.

Firstly what is significant amount of money? R100k? R1 million? R10 million?

If it were my money I would put it with FOORD in a flexifund I believe 70% of the fund is offshore. They've generated great returns for us.

Also it is not a bad idea to keep liquidity in case the markets do crash and you can ride it out.

No one will be able to tell you what's going to happen. Ask 10 economists and you'll get 20 different answers.

PS I'm no expert.
 
AlexCT said:
Not nesecairly. If I recall correctly it was '08 when the rand went to **** and was R14 to the dollar. Lots of people feared the worse and got their cash out the country. Needless to say they then had their money in USD the rand strengthened and theyr'e sitting with a significant loss. Which is why I believe it's best to diversify.

Firstly what is significant amount of money? R100k? R1 million? R10 million?

If it were my money I would put it with FOORD in a flexifund I believe 70% of the fund is offshore. They've generated great returns for us.

Also it is not a bad idea to keep liquidity in case the markets do crash and you can ride it out.

No one will be able to tell you what's going to happen. Ask 10 economists and you'll get 20 different answers.

PS I'm no expert.
Click to expand...

Yea. Except then Jacob Zuma was new and corruption wasn't as bad.

Now. This country is dying. Get money out while you can, This country will be like zimbabwe in the next 10 yrs.
 
maumau said:
If SA is heading for a big crisis soon why wouldn't OP (and everybody else) send their money offshore? Especially if he has a sum of money lying around depreciating by the hour.

If he has a bank account in another country wouldn't that money be safe?
Click to expand...

Safe as Greek houses... :p
 
Archer said:
My first investment was a property that I got at a really good price, but that still sucked up some moola for a while so I wasn't quite able to make further investments. But now I've got a large sum of money lying around and I'm not sure what to do with it. I don't think I want to invest directly into more property, so what are my options? Besides the obvious - go speak to a financial adviser :p I'd like to do some of my own digging this weekend before speaking to someone. Also note I would like to be able to access the funds at reasonably short notice (3 months or less, maybe I can live with 6 months)

Also is there any merit in trying to invest overseas to try beat the dwindling rand exchange rate (I am half considering moving to Europe).
Click to expand...

@Archer

Are you interested in investing capital into a start-up company?
 
Last edited:
The OP said that he might relocate to Europe. I live in Europe and the stock markets here compared to SA are bleak. The consensus by analysts is that Africa is the place to be in. SA first and Nigeria 2'nd.
The gains will negate the ZAR weakening by far.
I would suggest STXIND and DIVTRX at 50/50 and he will be well diversified and could expect a return of 30% pa.

If the OP relocates to Portugal, he will not pay any tax at all anywhere.
 
Oopsie said:
The OP said that he might relocate to Europe. I live in Europe and the stock markets here compared to SA are bleak. The consensus by analysts is that Africa is the place to be in. SA first and Nigeria 2'nd.
The gains will negate the ZAR weakening by far.
I would suggest STXIND and DIVTRX at 50/50 and he will be well diversified and could expect a return of 30% pa.

If the OP relocates to Portugal, he will not pay any tax at all anywhere.
Click to expand...

30% ?

Not pay tax at all anywhere ?

Care to explain both of these please....
 
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