MyMoney Online, The Personal Finance series with Warren Ingram

There are no stupid questions when it comes to your money

(Click here for more personal finance articles.)

The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital.

Ingram answered more questions about money that you may be too embarrassed to ask.

This is the third article in this “money questions” series.

Also read “Money questions you may be too embarrassed to ask” and “Is it time to sell?

Scroll down for quotes from the audio below.

The case for building overseas assets is a good one.

Warren Ingram, Galileo Capital Financial Advisor

I invested in the Nedgroup property fund on Tuesday. Those assets are better priced now.

Warren Ingram, Galileo Capital Financial Advisor

You can buy an offshore ETF priced in rands.

Warren Ingram, Galileo Capital Financial Advisor

At R15.20 to the dollar I would be concerned about investing massive amounts offshore in one go.

Warren Ingram, Galileo Capital Financial Advisor

You earn nothing from gold while it’s sitting there. You earn no dividends or interest. You’re banking on everyone feeling fearful.

Warren Ingram, Galileo Capital Financial Advisor

The world’s richest people typically hold 5% of their net wealth in gold.

Warren Ingram, Galileo Capital Financial Advisor

I wouldn’t buy barrels of oil. I’d rather buy oil producing businesses such as Sasol.

Warren Ingram, Galileo Capital Financial Advisor

When the oil price starts rising; watch the rand start to strengthen.

Warren Ingram, Galileo Capital Financial Advisor

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This article first appeared on 702 : There are no stupid questions when it comes to your money


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