How I Am Investing My Money As A South African In 2023
Автор: Money Marx
Загружено: 2023-02-06
Просмотров: 16601
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The stock market from 2022 has been marked as having one of the toughest years in nearly a century, making 2022’s equity the worst year since the Global Financial Crisis in 2008.
A vicious combination of contradictory policy, volatility, and inflation at 40-year highs erased a whopping $ 14 trillion of wealth from the global stock markets! Talks of a US recession in early March 2023 are littered over all the news headlines, and for the majority of the year, most of us just saw a sea of red in our portfolios.
But I am glad to see that the first month of 2023 has been really good for our portfolios, with the S&P 500 up by 8.6%, the JSE Top 40 up by 6.4%, and Bitcoin up by a whopping 41.4%! And seeing that it is a new year, I made some exciting new additions to my own portfolio, which I will be sharing with you guys today. So buckle up, and let’s get started!
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DISCLAIMER
The information shared by Money Marx is for educational and informational purposes only and should not be taken as Financial, Tax, Legal, or Investment Advice. While Pieter de Villiers is registered under the Financial Sector Conduct Authority (FSCA) and operate within the framework of the Financial Advisory and Intermediary Services (FAIS) Act, the content provided on this channel, in courses, and across all platforms does not constitute Personal Financial Planning or Advisory Services.
All information is general in nature, based on factual data, principles, and publicly available information to help South Africans improve their financial literacy. Past performance is not a guarantee of future results, and all investments carry risk. You are responsible for your own financial decisions. For advice tailored to your personal situation, please consult a qualified Financial Planner that is registered with the FSCA.
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