Don’t put all your eggs in one basket!
But what if all, or most, of your eggs are in a basket called ‘South Africa’?
Ingram discussed investing in low-cost index tracking investments overseas (i.e. not only rand-hedge options such as DBX trackers, but also investments denominated in US Dollar, GBP, etc.)
He discussed unit trust options and ETF options as well as tax and estate duty considerations (which are a big issues for US and UK listed investments).
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Doing very small amounts… rather do it into a rand-based overseas investment.— Warren Ingram, Galileo Capital Financial Advisor
We need to learn from the global masters… Warren Buffett wants to put 90% of his wife’s inheritance into an index.— Warren Ingram, Galileo Capital Financial Advisor
I’d buy a global index instead of a US index only.— Warren Ingram, Galileo Capital Financial Advisor
I trust MSCI and FTSE. I wouldn’t go much further than those two…— Warren Ingram, Galileo Capital Financial Advisor
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