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During the mid to late 2000s and then more recently from January 2015 to date, South African investors could invest in the money market and earn an attractive real return with little risk to their capital.
The tremendous toll of the COVID-19 crisis – on health, economic well-being, and everyday activity – has precipitated a widespread reassessment of the way we live our lives.
Before I began working in the financial services industry, I understood very little of the jargon and terminology used, or how investing works. Fortunately, I have been privileged to become a part of the investment world, and I have learnt so much about better managing my finances and investments during my career.
There is no such thing as a free lunch. Yet recent times have provided South African savers with something close to this, as risk-free returns from money market investments have comfortably beaten inflation and riskier asset classes.
The strongest deterrent against FSP compliance missteps is or should be: