The South African political environment took a turn last week. The changes have had a significant impact on financial markets to date. South Africa relies on foreign capital flows to fund its deficits, and with increasingly likely downgrades of its sovereign debt looming (including last night’s S&P move to junk), further volatility can be expected and further sharp declines in the rand are possible. The importance of the loss of independence of an institution like the […]
Continue readingTag: Investing
The six steps to successful investing
Winter has passed, trees are starting to blossom and the sun is setting later. Now’s the time to start afresh, with six easy steps to help you make wise financial choices and guide you on your journey to investment success. We also take a look at investing and saving for retirement as well as the importance of planning and measuring your progress regularly. Planning for retirement success Keeping you inspired this spring, as a Discovery Invest […]
Continue reading