MyMoney Online, The Personal Finance series with Warren Ingram, Evergreen Content

Should you pay off debt, or invest?

If your interest rate is 10%, or higher, it would be best to pay off debt instead of investing.

Warren Ingram, Galileo Capital Financial Advisor

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

  • Does the stronger rand offer more opportunity than aggressively paying off debt?

  • The South African stock market has drifted for a few years now; is it offering good value?

  • If the economy is slowing down, or potentially going into recession, how does one invest?

  • Predictions about South Africa and the future are dangerous. For example; Richemont is down 23% while Shoprite is up 46% (year-to-date) - few people would have predicted this.

Scroll down for quotes from the audio below.

When interest rates are high; paying off debt is a no-brainer.

Warren Ingram, Galileo Capital Financial Advisor

When the stock market is really cheap; investing is a no-brainer.

Warren Ingram, Galileo Capital Financial Advisor

About half of your growth when investing in shares comes from dividends. If you sit on the side-lines you’re not earning those dividends.

Warren Ingram, Galileo Capital Financial Advisor

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Real house prices are falling (and the declines are gathering pace)

Real house prices are falling (and the declines are gathering pace)

November was the seventh consecutive month of slowing price growth. And there is no end in sight, according to FNB.

How to raise funding (at each stage of your business’ growth)

How to raise funding (at each stage of your business’ growth)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How to best invest a lump sum

How to best invest a lump sum

Got some money in the bank, earning peanuts in interest? Here’s how to make it work harder for you in the most tax efficient way…

Judge Dennis Davis on why Pravin Gordhan ordered him to probe Sars

Judge Dennis Davis on why Pravin Gordhan ordered him to probe Sars

Gordhan doesn’t trust Sars' information “because of a lack of accountability and cooperation from the Sars top management”.

The story of Wellness Warehouse (and how it won the niche health market)

The story of Wellness Warehouse (and how it won the niche health market)

The Money Show’s Bruce Whitfield interviews Wellness Warehouse cofounder Dr Sean Gomes.

Mineral and Petroleum Resources Development Amendment Bill 101

Mineral and Petroleum Resources Development Amendment Bill 101

Oil and gas could revolutionise the South African economy. 5 important things to know about the MPRD Amendment Bill.