What is the best way to invest money on long term and where? Low risk and high income. (Or is this wishful thinking?)
Regards,
Dirk Fourie
What is the best way to invest money on long term and where? Low risk and high income. (Or is this wishful thinking?)
Regards,
Dirk Fourie
Hi Dirk, I'd advise actual shares and not futures or anything like that. Then it depends how much money we talking about, will you do adhoc or monthly payments, also will you need to withdraw, when, how long is your term and etc.?
Then different asset classes come into play depending on where the economy is one can make a decision.
Generally low risk means low returns and high risk means high returns but it could also mean loss. If you see something that is low risk and high return I'd be very careful. There's much more to investing than it sounds, there are so many things to consider including taxation, different life situations, your age, what are your goals and expectations and so on, based on that a proper financial plan can ve put in place.
This is what I do all day every day so if you like PM me your number and I can give you a call to give you a few ideas based on the information that you will give me.
---There is no traffic at the extra mile---
Start invest your money through depositing your half of your income in a trustworthy banks and it is better for you to get a credit card so that if you decided to start a business you can used your credit card.
Banks??? Worst idea sorry John, way too many implications, to mention a few interest bearing instruments, tax implications for big amounts and high net individuals, higher inflation than returns...
---There is no traffic at the extra mile---
www.satrix.co.za - Not without risk - but the fees are low and your investment is spread over a number of shares.
Depends what you mean as low fees? Describe low please and compared to what? And what are the tax implications and how about managing the portfolio, what are the choices? People are like sheep,they hear something and they go for it, but have no idea of what they are doing.
---There is no traffic at the extra mile---
All the details are on the website.
Look at the website is a spot on answer
Ian I asked a few questions and looking at the website wonn't give me the answers. A while back I wrote a post about Satrix and by the way I'm not dissing them, all I'm saying is that you can't base your decisions on what someone that has no idea what he's talking about, people love making uneducated comments and besides their money should be where their mouth is before telling someone what to do and how to do it. It's so easy to say things!
---There is no traffic at the extra mile---
Did you like this article? Share it with your favourite social network.