The markets are still very grumpy because of the Mexican standoff between Russia and the west in the Ukraine. It is starting to turn ugly, and investors are nervous. My take is and always will be…
- In bad times stay invested. If you are in good funds and shares, it will go up again (see attached graph).
- People with cash in low market times can, invest in the bottom curve and enjoy the ride back up.
- Currently the rand is strong so clients that want to invest offshore have a double bonus, strong Rand, and low market.
South Africa is still strong and is being held up by our resources sector.