Tag: long-term investment
The difference between saving and investing
As the year unwinds and we head into the holiday season, I know what you are thinking. Now is the time to spend and spoil yourself for a year of hard work - however this time of the year gives you a chance to take a moment and think about savings and ways you can invest your hard-earned money.
Should you take investment advice from family and friends?
Your friends and family may offer you financial advice with good intentions, but you should be wary of basing your investment decisions purely on stories shared 'around the braai'. People love to give advice, especially the people closest to us – our family and friends. And while we are often able to be circumspect, sifting out what is irrelevant to us, it can be difficult to resist taking financial advice from family and friends, especially when they appear to have done well for themselves.
