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As we live longer, we will need to provide for our financial security for an extended period of time. With spring just around the corner, it is an excellent time to take a look at your financial situation and make any adjustments now to ensure that you will have a long and sustainable retirement.
SA investors have experienced more than their fair share of volatility over the last few years. It’s been a rough, tough ride in the market and even dedicated long-term investors have found themselves looking for ‘safer bets’ until things settle down.
There are always benefits to allocating assets offshore and it would be imprudent of investors to invest all their cash in the local economy. For one, South Africa accounts for only one percent of all investment opportunities globally.
The much-feared risk of a global trade war has become a reality. President Donald Trump’s announcement about tariffs on goods from China and the European Union’s implementation of tariffs against US goods have ignited the powder keg of this war. Many South Africans feel unconcerned at these developments far away from us; others fear impending collateral damage on our economy.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?