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Handled correctly, an investment property is a great asset that appreciates in value, can be rented out to earn an income and it’s a great banker in your capital growth and retirement strategy.
Global risk appetite took a sharp negative turn over the past few days, partly as a result of an increased risk that the UK could exit the European Union (EU).
One of the best known and frequently used quotes on the power of compound interest is attributed to the world-renowned physicist and scientist Albert Einstein. He is believed to have said: “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.”
Ratings agencies have given South Africa a breather by keeping the ratings for the country above the feared junk status. However, the shock of Nene-gate and the dramatic economic consequences remain very much top of mind as South African corporates continue to withhold cash reserves and defer growth decisions.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?