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The stock market has simply moved sideways over the last few years, while providing investors not much more than volatility. The JSE peaked at 55 188 points in April 2015 and by 1 May 2017, was hovering at under 54 000 points. This means that, for almost two years, the JSE has produced negative returns. Many investors have pointed out that if they were invested in cash only, they could be doing better.
A closely held, highly successful investment company specialising in alternative investments with a 22 year track record is opening its doors to investors with R1 million and more to invest.
South Africa’s politics and markets are in turmoil. This is uncertainty; this is risk. Predictably, many investors are jittery and are now asking “What must I do? How should I be investing in this type of environment?”
With Fitch ratings agency having downgraded South Africa’s sovereign credit rating to sub-investment grade and Standard & Poor's (S&P) cutting the country’s foreign currency rating to junk but keeping the local currency rating a notch above for now, a lot is riding on the impending credit rating by Moody’s, which currently holds South Africa on review for a downgrade.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?