The Personal Finance series with Warren Ingram

Mistakes investors mustn't make now

Mistakes investors mustn't make now is this week's focus of Warren Ingram's Personal Fiance Feature. You need to be in charge of your financial destination about what you doing with your investments.

The markets are quite difficult to read at the moment as the markets are going up and down.

We've been party some very big cycles in South Africa. We've had the rand which until very recently has been on a very long weakening trend against the dollar, the pound and the euro.

Warren Ingram, Galileo Capital

Ray White, standing in for Bruce Whitfield, interviewed Galileo Capital Personal Financial Advisor Warren Ingram on his weekly personal finance feature.

He says only post 'Nenegate' has started to strengthen.

The second factor is that for more than two years the Johannesburg Stock Exchange has been going down.

After two years we start to say well it's never going to get better. This is it, the rand's just going to weaken....we might as well send all our money...because it's all going to be worthless. And that's a very dangerous way to think.

Warren Ingram, Galileo Capital

He says that thinking has a snowball effect and causes the market to drop faster.

It becomes much more difficult to become rational with these trends when you are actually really losing money. And suddenly your emotional responses start to overwhelm your rational responses.

Warren Ingram, Galileo Capital

If you ask me about 2017, that's going to be the trend that worries me the most with South African investors.

Warren Ingram, Galileo Capital

Ingram says we are seeing a rejigging of our stock market.

Listen to Warren Ingram's tips below on what not to do as an investor right now:

Cover photograph: InvestmentZen Image Gallery


Recommended

by NEWSROOM AI
Read More
Why women must be far more careful with their money than men

Why women must be far more careful with their money than men

Ray White talks to personal finance guru Warren Ingram, who reckons women should take financial planning more seriously than men.

Where to best save and invest so your children can one day go to university

Where to best save and invest so your children can one day go to university

#FeesMustFall, but don’t hold your breath. Take matters into your own hands to ensure a tertiary education, says Warren Ingram.

13 tips for saving hundreds (nay, thousands!) of rands each month

13 tips for saving hundreds (nay, thousands!) of rands each month

The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.

4 ‘places of safety’ for investors to consider (though there is really only one)

4 ‘places of safety’ for investors to consider (though there is really only one)

The JSE is struggling. The rand is toast. Trump’s trade war has markets rattled. Advisor Warren Ingram discusses places of safety.

How to retire while you’re still very young

How to retire while you’re still very young

If you do things differently, it’s possible stop working far earlier than you ever thought possible, says Warren Ingram.

5 rubbish beliefs about investing that are keeping you from getting rich

5 rubbish beliefs about investing that are keeping you from getting rich

Financial advisor Warren Ingram rubbishes some popular, yet blatantly untrue ideas that are keeping people from growing wealthy.

Popular articles
Personal finance guru Maya Fischer-French comes clean about her own finances

Personal finance guru Maya Fischer-French comes clean about her own finances

Bruce Whitfield interviews Fischer-French about her attitude to money (hopes and fears, successes and failures, etc.).

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

How to make money through ‘buy-to-let’ (using very little of your own money)

How to make money through ‘buy-to-let’ (using very little of your own money)

Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".

Retirement: 8 biggest mistakes people typically make…

Retirement: 8 biggest mistakes people typically make…

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

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

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...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.