Ingram discussed how to invest your money with a downgrade looming, or not.
Scroll down for quotes from the audio below.
Markets may have already priced in a downgrade. Sending your money out of SA now might be a dumb thing to do.— Warren Ingram, Galileo Capital Financial Advisor
Our stock exchange is incredibly rand-hedged. Selling out does not make sense to me.— Warren Ingram, Galileo Capital Financial Advisor
Be calm.— Warren Ingram, Galileo Capital Financial Advisor
Our market is not overpriced.— Warren Ingram, Galileo Capital Financial Advisor
If the rand blows out – it’s likely that shares such as Naspers will get very expensive.— Warren Ingram, Galileo Capital Financial Advisor
Sometimes the best thing to do is to do nothing.— Warren Ingram, Galileo Capital Financial Advisor
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