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- Jun 27, 2006
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Current "pot" including fixed assets & all financial investments in a mix of various financial vehicles & is ~ R 9-10 mill. Obviously that's not all 'cash' and most of it is in longer-term, or fixed-term investments.
I would be unhappy if my gross ROIs was under 10% p.a. Some are more, some less. Any excess to my cash requirements is reinvested
I have always believed the best investment anyone can make is in paying off existing debt, e.g. mortgage & vehicle finance. It's a zero-risk strategy, and saves a heap of money in the longer term.
I would be unhappy if my gross ROIs was under 10% p.a. Some are more, some less. Any excess to my cash requirements is reinvested
I have always believed the best investment anyone can make is in paying off existing debt, e.g. mortgage & vehicle finance. It's a zero-risk strategy, and saves a heap of money in the longer term.