Investments

Mortgage advances growth at record high in March

Cash is trash

Don't always bank on them

It is common cause that local banks are 'confiscating' in the region of three months penalty interest on early (less than 3 years) cancellation of a mortgage bond.

Talking up their book

In essence listed property locally will offer better returns than cash or bonds, and earnings are still growing, with the market still suprising on the upside, says Mariette Warner property portfolio manager at Stanlib.