SA investments haven’t grown in 5 years. Should you rather put it in the bank?
If you started an investment in South African shares or unit trusts within the last five years, you are probably not making any money.
Well, said Ingram, South African shares are “dirt cheap” right now.
When cash has beaten shares over five years (which is the case in South Africa) it’s a loud and clear signal to buy, according to Ingram.
You should be buying shares and selling cash (i.e. withdrawing money from the bank to buy shares instead of selling shares and putting it in the bank).
The most dangerous investment in the world:
* The one that is working now.
And, most often, the best investment is:
* The one that is not working now.
For more detail, listen to the interview in the audio below.
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