MyMoney Online, Make Money Mondays

How I beat the market to turn R100 000 into R153 000 in 2 years

Two years ago Traders Corner share trader Garth McKenzie’s first son was born.

At that time he started an investment portfolio of 10 stocks for him.

The portfolio McKenzie constructed for him sought to generate an annualised return of at least 15% per annum including dividends.

McKenzie started what became a wildly popular blog entitled “10 Stocks for My Son”.

The Money Show’s Bruce Whitfield interviewed McKenzie about how, two years on, his son’s share portfolio is doing.

Scroll down to listen to the audio.

MTN and Tiger Brands have been disappointing. Especially Tiger Brands.

Garth McKenzie

The rand has weakened by 35% since my son was born.

Garth McKenzie

You want to invest in South African companies that derive most of their earning offshore.

Garth McKenzie

I haven’t sold anything; that was the intention from the start.

Garth McKenzie

R100 000 has grown to just over R153 000 in two years. The 53% growth I managed far outperformed the market!

Garth McKenzie

The secret of success is time.

Garth McKenzie

Don’t be fearful of the market crashing. Keep your sights on your long-term goal.

Garth McKenzie

You only pay tax once you sell an investment and realise a gain.

Garth McKenzie

I wouldn’t do much differently if I started with this today.

Garth McKenzie

Subscribe to our Business Wrap Newsletter

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
How to protect your wealth when market news is bad

How to protect your wealth when market news is bad

There is so much bad news right now. Financial Advisor Warren Ingram on how it should affect your financial decisions…

Do ETFs make sense when index tracker fees are lower?

Do ETFs make sense when index tracker fees are lower?

"Exchange Traded Funds have a lot of hidden costs. Do not invest in them!" says Sygnia's Magda Wierzycka. Is this fair comment?

Why the rand will most definitely recover

Why the rand will most definitely recover

The rand, it seems, is toast. But it will most definitely recover, says Galileo Capital's Warren Ingram.

Is your investment advisor useless?

Is your investment advisor useless?

How do you know if your investment advisor is useless? Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

How to prevent losses by diversifying your investments

How to prevent losses by diversifying your investments

Learn more about how diversification of asset classes, currencies, geographies, time and fund managers can help you prevent losses.

How I manage to invest a third of my income (despite earning peanuts)

How I manage to invest a third of my income (despite earning peanuts)

I earn peanuts, yet I’m slowly (but surely!) on my way towards never having to work for money ever again in my life.

How investing a third of my salary every month is making me rich (and free!)

How investing a third of my salary every month is making me rich (and free!)

A supersaver explains how she managed to invest R2.6 million and turn it into a whopping R3.7 million.

How to protect your wealth when the JSE is falling

How to protect your wealth when the JSE is falling

How to protect your wealth should the JSE start to weaken...

Why you need a pension fund (or retirement annuity) even if you own a house

Why you need a pension fund (or retirement annuity) even if you own a house

Many people falsely believe they do not have to save for retirement because they own the home they live in.

4 beliefs about shares that keep you from growing wealthy

4 beliefs about shares that keep you from growing wealthy

4 popular, yet patently false, beliefs about stock market investing that's holding you back.

Popular articles
An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

Clinical sexologist Dr Eve shares insights into sexual fetishes and how partners negotiate them in their bedroom and relationship.

[Watch] John Maytham shuts down victim shamer on air

[Watch] John Maytham shuts down victim shamer on air

A caller wanted to know what the alleged victim had done in order for Grace Mugabe to assault her.

Cape officials to harvest 500 million litres of new water a day

Cape officials to harvest 500 million litres of new water a day

Mayor of Cape Town speaks to CapeTalk's Kieno Kammies about plans to provide more water amidst the ongoing drought.

LISTEN:  Reformed car hijacker sheds light on hijacking underworld

LISTEN: Reformed car hijacker sheds light on hijacking underworld

This reformed car hijacker was convicted for hijacking, robbery and murder and served almost 16 years jail time. Hear his story.

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

EWN's Gia Nicolaides says journalists walked out of the media briefing on social grants after waiting for hours for her to arrive.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.