The Covid-19 pandemic has prompted many people to follow their aspirations and seek ways to build wealth and grow an investment portfolio that stands the test of time and generates a passive income. In South Africa, the seemingly ever-resilient residential property market has historically been one of the few investments that has acted as a hedge against previously rampant inflation.
Property investment, as an asset class, tends to be less prone to extreme bouts of short-term volatility. Stocks and shares can meltdown overnight due to global or local shocks to the economy, but property investments tend to be more resilient against the upturns and downturns spread out over time.
Property has and always will be an integral part of any sound investment portfolio. One of the best investments one can make in terms of minimising risks and optimising returns is through property investments. This could be through buying a rental property, purchasing shares on the stock exchange in listed property companies, buying directly from developers or restoring derelict properties.
There is a myth that property investing is only for the wealthy, but in South Africa, ordinary South Africans, from all walks of life can, in theory, own and invest in property. However, knowing where to invest and how to invest in property is a skill that can take years to master. This is where local company, RICHES AND BEYOND comes in.
“Wealth is about a lot more than just money; it’s about building a strong and sustainable income that fuels the need to set your dreams alight.”
This statement personifies what Riches and Beyond is all about. The company, headed by three passionate individuals, Sylvia and Milan Milosevic and Dunisani Manganyi, have perfected the art of empowering young entrepreneurs to invest in the South African property market and using the capital to further their entrepreneurial dreams.
Continue reading your story on the app
Continue reading your story in the magazine
61% of South African SMMEs Planning For Growth
Mastercard SME Index
Selecting A Collections Partner
Key considerations and insights...
Recipe For Success
Key ingredients for a successful partnership between e-tailers and their software developers.
Our Success. Your Success.
The need for business training to improve bottom-line results in businesses across the country has never been greater.
How Small Businesses Improve Revenues In Tough Times
While many small businesses were able to adapt to lockdown in the short term, new challenges emerged when it came to returning to physical workplaces. Modern workforces, for example, are fragmented, while exposures, health and safety concerns frequently disrupt operations. How do we cope with these and many other related difficulties?
Making An Impact
Every year in August we take the time to celebrate women and reflect on the tremendous efforts they make to shape our society.
The Hidden Value Of Outsourced IT Resources
The IT needs of today's businesses are constantly evolving, making outsourcing a very attractive option that can offer a number of compelling benefits for businesses, small or large.
Networking At Virtual Events
Just because you can't shake hands and pass around business cards, doesn't mean you can't network at a digital event.
7 Questions To Ask A Prospective Digital Media Partner
If you are looking to outsource your digital marketing function to an agency, here are some question to ask before signing on the dotted line.
Riches And Beyond
Empowering the next generation of entrepreneurs