Mike Wills (standing in for regular “The Money Show” presenter Bruce Whitfield) interviewed Galileo Capital Financial Advisor Warren Ingram for his weekly personal finance feature.
Ingram discussed how to develop your investment strategy in these difficult times when you take into account:
Low commodity prices and their impact on the resources sector
Low economic growth
Potentially poor stock market returns for 2016
- Rising interest rates
How do you position yourself for these conditions?
Scroll down for quotes from the audio below.
The real danger with the rand now is to fall into the trap of thinking the cycle will never change.— Warren Ingram, Galileo Capital Financial Advisor
It feels like the end stage of a cycle right now. Now is the time to be running into the burning building.— Warren Ingram, Galileo Capital Financial Advisor
Try to look ahead seven or eight years from now.— Warren Ingram, Galileo Capital Financial Advisor
I think interest rates are likely to rise. Get rid of as much debt as possible.— Warren Ingram, Galileo Capital Financial Advisor