All in Passive income and retirement
When I graduated from UCT I decided to dabble in investments and invested in the Ghana Stock Exchange.
I’ve since sold almost all those shares except for one in a mining company (or maybe it's cocoa, I'm not sure).
I’ve had those shares for 13 years. I sold the other shares to pay for my living expenses when I was doing my MBA.
In the last few weeks we’ve been exploring different investment strategies such as value investing and growth investing.
These are all the various ways that investors make investment decisions.
This week I want to talk about one other style of investing – technical analysis.
Choosing shares to invest in can be difficult. So how can you make good investment decisions?
In the Money Magic Facebook , we spend our Fridays discussing investment strategies and look at how various investors build investment portfolios.
A few weeks ago we look at value investing.
A few weeks ago, we had a live class about creating and managing investment portfolios in uncertain times.
During the class we discussed how our investment portfolios are influenced by our future needs and the vision we have for our lives.
We also spoke about this concept of generational wealth and wealth creation - the idea that we want to create wealth that outlasts our lifetime, so even our children don't have to worry about retirement.
There are many ways to do this.
Last week I wrote about country ratings and the impact they have on the economy and your portfolio.
This also has an immediate impact on exchange rates.
A really important topic in my world as a traveller, I always feel the change in exchange rates instantly.
I remember the first time the finance minister in South Africa was replaced - I was living in Goa, India. Up until that moment ZAR1 would give me Rs5, but then suddenly overnight ZAR1 could only get me Rs4. I was super upset.
Now in Dubai, something similar is happening, only now it’s crazier because the currency here is stronger and it’s one of the most expensive cities in the world.
I’m still in Dubai and spent the week checking out cultural monuments and learning a little about the history of Dubai on a tour.
A few weeks ago I wrote about things to consider when creating an investment portfolio, but in today’s blog post, we’re going to explore the factors or things that impact the growth of your portfolio, so you can decide what instruments to add in your portfolio.
