Short to Medium term investment

[supersunbird]

23,800 / 6% = R 396k @ 100% income return

or
396 / 0.5 = R 793k @ 50% ...etc

Yes, and considering that most balanced funds are under 10% in cash (Coronation Bal + is 4.1%), the balanced fund would have to be pretty big if 4% = 396k