MyMoney Online, Personal Finance with Warren Ingram

Fund managers expect JSE to grow by 12% to 15% over next 5 years

Fund managers across South Africa are currently holding workshops and feedback sessions with financial planners, giving them their perspective of 2018 and their views on 2019.

Here’s what stood out from these sessions, according to Warren Ingram, a personal financial advisor at Galileo Capital:

Good news

Individual fund manager views are not that important, said Ingram, but in aggregate, we start to understand the overall pattern, which has been reasonably valuable in the past.

Currently, they are optimistic about future returns from the JSE and expect growth of 12% to 15% per year over the next five years.

SA bonds is still the best asset class for low-risk capital growth; expect about 10% per year.

Fund managers are starting to relax about Donald Trump’s trade war with China; a deal is likely.

South African markets will be messy until after the election, but fund managers expect more good news towards the end of 2019.

Concerns

Fund managers’ main worry is that the ANC’s internal strife might derail the economy if the Zuma-faction engineers a palace coup.

Trump remains a wild card.

The Money Show’s Bruce Whitfield interviewed Ingram for his weekly personal finance feature.

For more detail listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
How to legally take part in a (sort of) tax revolt

How to legally take part in a (sort of) tax revolt

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

Right now, a Tax Free Savings Account (TFSA) can yield up to 13%. Here’s how…

Right now, a Tax Free Savings Account (TFSA) can yield up to 13%. Here’s how…

How to earn a yield of 9% - on average - but up to 13% in your TFSA, according to personal financial advisor Warren Ingram.

How the world’s richest people made their breathtaking fortunes

How the world’s richest people made their breathtaking fortunes

(A hint: for most, it wasn't in tech.) Bruce Whitfield interviews Warren Ingram, Galileo Capital Personal Financial Advisor.

9 tough questions you should never be afraid to ask your financial advisor

9 tough questions you should never be afraid to ask your financial advisor

Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's 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.

How to make your first R1 million (after that it just becomes so much easier)

How to make your first R1 million (after that it just becomes so much easier)

Rich. Wealthy. Financially free... Call it what you will; the first million is how you get there. Warren Ingram on his book...

Popular articles
The (formerly short) long arm of the law has begun striking

The (formerly short) long arm of the law has begun striking

The Hawks is swooping. Bernard Hotz (Business Crimes and Investigations at Werksmans) discusses the significance it all.

[WATCH] 'Come to my house, I want you to make me pregnant quickly', goes viral

[WATCH] 'Come to my house, I want you to make me pregnant quickly', goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

RMB Holdings ends SA’s 'most successful entrepreneurial venture in 40 years'

RMB Holdings ends SA’s 'most successful entrepreneurial venture in 40 years'

RMB Holdings will dole out its shares in FirstRand, South Africa’s largest financial institution, says Chris Logan.

We paid before the family arrived with the body – Old Mutual

We paid before the family arrived with the body – Old Mutual

Consumer journalist Wendy Knowler investigates after a poor family’s desperation to get a claim paid made headlines.

[WATCH] Viral schoolkid who cried at Bok tour attends awards with the Kolisis

[WATCH] Viral schoolkid who cried at Bok tour attends awards with the Kolisis

He was caught on camera earlier this month, bawling his eyes out when he saw the Bok squad at the start of their victory tour.

'Pravin Gordhan is part of SAA mess, he is not a saint'

'Pravin Gordhan is part of SAA mess, he is not a saint'

Wits School of Economics and Business Science senior lecture Lumkile Mondi says the South African Airways crisis is self-created.

4 things you should never say if you want to get rich

4 things you should never say if you want to get rich

Don’t ever say or, worse, believe any of these wealth-destroying platitudes, implores personal finance expert Warren Ingram.