MyMoney Online, The Personal Finance series with Warren Ingram, Evergreen Content

Should you pay off debt, or invest?

If your interest rate is 10%, or higher, it would be best to pay off debt instead of investing.

Warren Ingram, Galileo Capital Financial Advisor

The Money Show’s Bruce Whitfield interviewed Galileo Capital Financial Advisor Warren Ingram.

  • Does the stronger rand offer more opportunity than aggressively paying off debt?

  • The South African stock market has drifted for a few years now; is it offering good value?

  • If the economy is slowing down, or potentially going into recession, how does one invest?

  • Predictions about South Africa and the future are dangerous. For example; Richemont is down 23% while Shoprite is up 46% (year-to-date) - few people would have predicted this.

Scroll down for quotes from the audio below.

When interest rates are high; paying off debt is a no-brainer.

Warren Ingram, Galileo Capital Financial Advisor

When the stock market is really cheap; investing is a no-brainer.

Warren Ingram, Galileo Capital Financial Advisor

About half of your growth when investing in shares comes from dividends. If you sit on the side-lines you’re not earning those dividends.

Warren Ingram, Galileo Capital Financial Advisor

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by THE NEWSROOM
Read More
‘I’d get slaughtered for this, but I think it’s possible to rehabilitate Gigaba’

‘I’d get slaughtered for this, but I think it’s possible to rehabilitate Gigaba’

Bruce Whitfield asks Business Day Editor-in-Chief Peter Bruce to speculate on President Cyril Ramaphosa’s Cabinet.

JoJo - struggling to keep up with demand - now has a turnover of R600 million

JoJo - struggling to keep up with demand - now has a turnover of R600 million

The JoJo brand has entrenched itself in the psyche of South Africans. Bruce Whitfield interviews its MD, Grant Neser.

Bank of Baroda sets the record straight on Guptas and why it’s leaving SA

Bank of Baroda sets the record straight on Guptas and why it’s leaving SA

India’s 2nd largest bank was the last bank to still do business with the Guptas. Bruce Whitfield interviews the bank’s legal rep.

Why we celebrate a saints day with commercial things to show love

Why we celebrate a saints day with commercial things to show love

Valentine's Day is hundreds of years old, but some of the tokens of our love are quite new.

'Ajay Gupta says he owns no assets'

'Ajay Gupta says he owns no assets'

The Money Show’s Bruce Whitfield interviews Corruption Watch Executive Director David Lewis.

What we learned from the Steinhoff failure (SA's largest corporate scandal ever)

What we learned from the Steinhoff failure (SA's largest corporate scandal ever)

The Money Show’s Bruce Whitfield interviews Perpetua cofounder Delphine Govender.

Popular articles
Minister Zwane confirms trips to Dubai and Switzerland

Minister Zwane confirms trips to Dubai and Switzerland

EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

The ANC treasurer-general confirmed Mantashe’s comments that the President did not consult the ANC leadership on the reshuffle.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

[CARTOON] Poephol With a Taste For Strife

[CARTOON] Poephol With a Taste For Strife

EWN's Dr Jack & Curtis take a look at the Spur confrontation that has taken the country by a storm.

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

"My earliest memory of money is my father saying, ‘Why do you want to do this thing? How are you going to feed the family?'"

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

5 advantages of leasing instead of owning a car (lower monthly payments!)

5 advantages of leasing instead of owning a car (lower monthly payments!)

Want (or need) a new car? Dale Scorer (a wealth manager at AlphaWealth) reckons you should consider leasing.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...