Pay less fees and tax on your investments. Diversify. Then be patient…
The Johannesburg Stock Exchange has lost about 7% so far this year.
Investors must be sure they’re not leaking money said Craig Gradidge, a Financial Planner at Gradidge-Mahura Investments, South Africa’s top wealth manager (according to an Intellidex survey).
Tax and fees are the two main points of leakage to plug, according to Gradidge.
Patience and diversification, adds Gradidge, is also vital.
Listen to the interview in the audio below.
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