Streaming issues? Report here
Bongani Bingwa 702 Gradient Bongani Bingwa 702 Gradient
Breakfast with Bongani Bingwa
06:00 - 09:00
volume_up
volume_mute

Up Next: The Clement Manyathela Show
See full line-up
Breakfast with Bongani Bingwa
06:00 - 09:00
Home
arrow_forward
Business
fiber_manual_record
Opinion
fiber_manual_record
Lifestyle

How to invest for retirement in a brave new, post-Zuma South Africa

8 March 2018 7:35 PM
Tags:
Inflation
Retirement
Retirement income
Government bonds
Income
investing
Offshore
growth
unit trust
Living annuity
unit trusts
post zuma
post-zuma
capital growth
listed property
balanced unit trust
balanced unit trusts
local property

Bruce Whitfield asks Financial Advisor Warren Ingram for advice on retirement investing in a post-Zuma South Africa.

The Money Show’s Bruce Whitfield asked Galileo Capital Personal Financial Advisor Warren Ingram to share some advice he may have on retirement investing now that the political situation in South Africa has changed quite dramatically.

Ingram gave the following tips:

  • If you own a living annuity, consider reducing your income you draw when the market strengthens to limit the impact of your income on capital growth.

  • Focus on government bonds, offering good growth above inflation and, if interest rates drop, you get some capital growth too.

  • The listed property sector - a great income generator - has been decimated in recent months; there are some good value businesses offering a high income. Consider a unit trust that is not heavily invested in offshore property.

  • The one-way bet on investing all your money offshore is not sensible or rational anymore. The rand has strengthened by more than 20% since Nene-gate. Income from offshore would have been severely impacted if you had invested 100% of your living annuity offshore.

  • Now that balanced unit trusts may invest up to 30% offshore, there is more scope to invest globally without needing a tax clearance – good for income investors.

  • Ensure a good balance between domestic and offshore funds. If interest rates drop; it’ll be good for bonds, local property and local shares.

For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).

There is hope around the economy and investment markets.

Warren Ingram, Galileo Capital

You need to be careful about a false sense of optimism.

Warren Ingram, Galileo Capital

I don’t have a cooking clue what it [the market] will do in the next two or three years.

Warren Ingram, Galileo Capital

We’re likely to see interest rate cuts this year.

Warren Ingram, Galileo Capital

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.


8 March 2018 7:35 PM
Tags:
Inflation
Retirement
Retirement income
Government bonds
Income
investing
Offshore
growth
unit trust
Living annuity
unit trusts
post zuma
post-zuma
capital growth
listed property
balanced unit trust
balanced unit trusts
local property

Recommended

More from MyMoney Online

Gold bars 123rf 123rfbusiness 123rflifestyle

Investing in a pandemic: Gold remains the gold standard

14 July 2020 7:28 PM

Gold is glittering. Arabile Gumede asks Izak Odendaal (Investment Analyst at Old Mutual Wealth) to tell us more.

Share this:
Read More arrow_forward

Day trader investor stocks shares equities trading 123rf 123rfbusiness

'1st-time traders are buying the sh*ttiest stocks! Everyone is getting rich!'

14 July 2020 7:03 PM

What is Robinhood? Why is Tesla booming? Arabile Gumede interviews Paul Theron, potty-mouthed MD of Vestact Asset Management.

Share this:
Read More arrow_forward

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Supersaver Julia has changed lives, and she can change yours! – Bruce Whitfield

9 July 2020 3:00 PM

Need the inspiration to save? The Money Show’s Bruce Whitfield interviews “Supersaver Julia” at around 7:15 pm tonight.

Share this:
Read More arrow_forward

Covid-19 insurance 123rf 123rfbusiness 123rflifestyle 123rfpersonalfinance

Shareholder activists grill Santam about 'business interruption insurance'

7 July 2020 6:47 PM

The lockdown did it – not the pandemic – so we can’t pay, argues Santam. Bruce Whitfield interviews Tracey Davies of Just Share.

Share this:
Read More arrow_forward

Aisha Pandor SweepSouth Alen Ribic

Job won’t make you rich. You must earn in your sleep - Aisha Pandor, SweepSouth

6 July 2020 8:39 PM

Bruce Whitfield talks to SweepSouth cofounder Aisha Pandor about her attitude to money (hopes and fears, successes and failures).

Share this:
Read More arrow_forward

Naked Insurance

Car insurance from R180 per month – and you don’t pay if you don’t drive

30 June 2020 8:03 PM

Meet Alex Thomson of Naked Insurance, a high-tech company with vastly lower operating costs than most traditional insurers.

Share this:
Read More arrow_forward

Old house abandoned namibia 123rfbusiness 123rflifestyle 123rf

What will become of South Africa's property market and industry after lockdown?

30 April 2020 7:52 PM

Personal finance expert Warren Ingram shares his concerns and offers a few pointers.

Share this:
Read More arrow_forward

naspers-tencentjpg

6 best long-term, affordable local shares to buy, right now

28 April 2020 4:37 PM

Chantal Marx (FNB Wealth and Investments) says these six South African companies are looking resilient and attractively priced.

Share this:
Read More arrow_forward

piggy-bank-coins-money-budget-savings-personal-finance-123rf

Earn up to 11.5% interest on one of the safest investments around

16 April 2020 7:33 PM

Personal finance guru Warren Ingram on why you should consider this risk-free investment, especially if you live off interest.

Share this:
Read More arrow_forward

capitec bank

Capitec Bank full-year profits skyrocket by 19% despite the recession

14 April 2020 7:12 PM

The Money Show’s Bruce Whitfield interviews Gerrie Fourie, CEO at Capitec Bank.

Share this:
Read More arrow_forward

More from Personal Finance with Warren Ingram

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Supersaver Julia has changed lives, and she can change yours! – Bruce Whitfield

9 July 2020 3:00 PM

Need the inspiration to save? The Money Show’s Bruce Whitfield interviews “Supersaver Julia” at around 7:15 pm tonight.

Share this:
Read More arrow_forward

edit - equity-market - image from JSE-dot-co-dot-za.jpg

Personal Finance Feature - Equity fund vs index investing

2 July 2020 8:43 PM

Personal financial adviser Warren Ingram says active fund managers in South Africa have had a terrible time.

Share this:
Read More arrow_forward

invest.JPG

Scared that you may lose your life savings?

25 June 2020 8:07 PM

Warren Ingram, wealth creator, answers listeners' questions about safe investing in anxious times.

Share this:
Read More arrow_forward

Contract

No guarantee that your nominated beneficiary will get your money when you die

18 June 2020 7:58 PM

Did you know that the Trustees of retirement funds don’t have to pay it out to your nominated beneficiary?

Share this:
Read More arrow_forward

covid-19 coronavirus economy 123rfbusiness 123rflifestyle 123rf recession

Personal Finance Feature: Timing the market

11 June 2020 7:52 PM

What is the concept of "market timing" and how can it help investors?

Share this:
Read More arrow_forward

Retirement couple relationship

How to plan for retirement during the Covid-19 crisis

28 May 2020 7:47 PM

The Covid-19 pandemic and the economic destruction in its wake has left some of us wondering if we'll ever be able to retire.

Share this:
Read More arrow_forward

Old house abandoned namibia 123rfbusiness 123rflifestyle 123rf

What will become of South Africa's property market and industry after lockdown?

30 April 2020 7:52 PM

Personal finance expert Warren Ingram shares his concerns and offers a few pointers.

Share this:
Read More arrow_forward

piggy-bank-coins-money-budget-savings-personal-finance-123rf

Earn up to 11.5% interest on one of the safest investments around

16 April 2020 7:33 PM

Personal finance guru Warren Ingram on why you should consider this risk-free investment, especially if you live off interest.

Share this:
Read More arrow_forward

Piggy bank mask covid-19 coronavirus 123rfbusiness 123rflifestyle 123rf

'If you still have a job, get rid of your debt as fast as you can'

2 April 2020 8:04 PM

Personal finance expert Warren Ingram has advice on how to survive – or even thrive – amidst the Covid-19 outbreak.

Share this:
Read More arrow_forward

household-bills-debt-expenses-money-finances-black-young-couple-worried-123rf

Struggling to pay a debt? Your options: credit insurance vs debt relief holiday

1 April 2020 6:29 PM

Personal Finance expert Maya Fischer-French on the pros/cons of dipping into credit insurance vs opting for a debt relief holiday.

Share this:
Read More arrow_forward