Investing offshore allows you to diversify by spreading your risk and allowing you to benefit from a broader global universe of industries, companies, geographical regions, currencies and investment ideas.
‘Although the idea can be intimidating, offshore investing, in my opinion, should form part of your long-term investment plan,’ says Michael Haldane. Currently, South Africa only represents an estimated 1% of the global financial markets, which essentially means that by only investing locally, you’re giving up on 99% of the global market opportunity. With South Africa being an emerging market, Haldane encourages diversifying and investing part of your assets in developed economies. ‘These developed markets can assist in providing your investment portfolio with more stable growth, a choice of different currencies, different asset classes and the fund managers may adopt different investment strategies.’ Investing offshore won’t only help you to capitalise on circumstances beyond our borders but can also serve as a buffer against our markets.
‘The South African Rand is a volatile currency and very often tends to overreact, which is influenced by economic, political and social unrest. International investing may also offer a hedge for individuals and investors who fear the depreciation of the Rand,’ says Haldane. If this is an investment option you’re looking at exploring, he weighs in:
KEY POINTS TO TAKE INTO CONSIDERATION WHEN INVESTING OFFSHORE
> Investment terms: It’s advisable to have a longterm investment objective: no less than five years to allow the portfolio to rebalance if there’s economic or market volatility.
Continue reading your story on the app
Continue reading your story in the magazine
VORSPRUNG DURCH SEX APPEAL
The second-generation of Audi’s extremely popular, entry-level, luxury, compact crossover is bigger, more attractive, more powerful, and it has more standard features than before. That was a good enough reason for GQ to take the new Q3 on a road trip
THE FUN AND LAUGHS BEGIN AGAIN
Prepare to see your favourite local stars doing everything to win
The ASMR cure
Come for the tingly auditory triggers, stay for the existential coping mechanism.
Colombian-born Latin-music sensation Maluma is leaning into being the biggest pop star imaginable. And wow, is it working
ELLA EYRE - A FIRST FOR EVERYTHING
Brit-pop sensation Ella Eyre, who kicked off the year with the aptly named comeback single “New Me”, takes us down memory lane with a look back at her most notable moments
ALL FUNNY BUSINESS
Five minutes with the most diverse man on the SA comedy scene: Donovan Goliath
How To Raise A Better Men?
Peggy Orenstein has spent years asking teens what they think about sex. Now the author wants more adults to talk to teens about masculinity and #MeToo — even if it leads to awkward conversations
Daniel Craig: Life After 007
Daniel Craig felt the weight of the world when he took on the role of 007, but he flipped the script and made the character — and the status quo — his own
How To Make Meetings Useful!
‘People are so desperate to express their point that they listen with their ego because they want to say something they think is valuable’
A Beginner's Guide To Vedic Meditation
No longer reserved for lotus positions and quests for spiritual enlightenment, meditation could be the key to unlocking our true potential, whether that’s in the office, on the sports field, or even in the bedroom
AMERICANS CAN PAY THEIR CREDIT CARD BILLS, BUT FOR HOW LONG?
The coronavirus pandemic hasn’t stopped Americans from keeping up with their credit card payments, thanks in large part to government relief programs passed by Congress earlier this year.
Getting More from Less
Everyone has been forced to cut back in some way—but limitations can lead us to even greater growth. We asked six entrepreneurs: What unexpected benefits have you gotten from change?
Are We Going Digital Forever?
The pandemic swiftly moved our world online. Once you discover the power of engaging your customers digitally, you won’t want to go back.
Japan's Softbank Back in The Black As Investments Improve
Japanese technology company SoftBank Group Corp. said it bounced back to profitability in the last quarter as its investments improved in value.
Focus On Your Mission
Our worlds may feel shaken. But we’re actually much sturdier than we think.
My Mentor Taught Me Always Go Deeper
A branding expert weighs in on a promising business idea.
Give Your Portfolio Some Shine
With a weaker dollar and inflation stirring, it’s probably a good idea to diversify with a little gold.
Death and Taxes
The Trump tax cut failed to deliver for all but the very rich. And the gop thinks this is the perfect time for more.
An Alternative Way To Get Burned
YieldStreet pitches investments you can’t get elsewhere. That’s not always a good thing
Lower Your Health Care Costs
Health savings accounts help defray the cost of high-deductible health plans. They’re also a powerful way to invest for retirement.