From diversification to compounding, Absa Multi Management’s Kwaku Koranteng outlines investment principles that South Africans should keep in mind.
When looking back and reflecting on the course of events this past year, we have experienced some decent economic recovery after a horrendous 2020, although the Covid-19 pandemic has continued to wreak havoc in our personal lives. This global economic recovery has translated into a recovery in financial markets overall.
Still, the financial markets recovery has not been without some volatility due to the uncertainty about the virus, vaccination rollout campaigns, inflation, the global interest rate outlook, and financial and regulatory dynamics in China.
With this in mind, and as we head towards the end of 2021, investors are encouraged to keep a keen eye on their financial well-being.
This includes their investments, education planning, retirement planning and other financial matters.