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
Even upmarket boutiques offer lay-bys! Here’s what you need to know…

Even upmarket boutiques offer lay-bys! Here’s what you need to know…

Lay-by has taken off as a payment option in the last year or two, says consumer journalist Wendy Knowler.

[LISTEN] Jacques Pauw and NB Publishers issued with summons for R35m

[LISTEN] Jacques Pauw and NB Publishers issued with summons for R35m

Former State Security Agency director general Arthur Fraser says he has suffered repuational damage because of Pauw's book.

Innovative medical glue replaces stitches and staples

Innovative medical glue replaces stitches and staples

Bio-Technology Ph.D. student at the Israel Institute of Technology Alona Shagan explains device similar to a standard glue gun.

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

The Democratic Alliance MP claims she was subjected to a racist tirade at Cape Town's V&A Waterfront and wants action taken.

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

The Money Show’s Bruce Whitfield interviews Simon Brown, Financial Educator at Just One Lap.

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

It also ordered the company to pay for all the costs of the application. Bruce Whitfield interviews EWN’s Clement Manyathela.

Comparing milk prices across Africa suggests the rand may get stronger

Comparing milk prices across Africa suggests the rand may get stronger

The Money Show’s Bruce Whitfield interviews Neville Mandimika, Africa Strategist at Rand Merchant Bank.

Learn to invest, then watch your money grow

Learn to invest, then watch your money grow

Ray White interviews Thobelani Maphumulo, author of "Invest Your Way to Wealth".

Lagos to become the world’s largest city with a population of 100 million

Lagos to become the world’s largest city with a population of 100 million

Lagos - home to 22 million people – is suffering an extreme housing shortage. Bruce Whitfield interviews Lee Kasumba.