Publish Date: 07/03/2019
Make your investment decisions the talk of the town
If the topic of high interest investments comes up at the dinner table, do you jump in and contribute your view or is this your cue to take a long bathroom break because the topic intimidates you?
Many people are put off by investment talk because they think it is for the super wealthy; people who have “people” who turn their millions into billions overnight through one or other investment policy.
Yes, there are prolific celebrity investors out there who have put their fortunes into a solid investment plan and are reaping huge benefits. Actor Ashton Kutcher is a good example. He has a $500 000 (over R7-million) stake in Uber, which is today worth millions of dollars and also has money investments in Airbnb, Spotify, Soundcloud and Shazam.
Let’s face it, not everyone has the multi-million fortunes these celebs do, but that does not mean you have to shy away from financial investment.
So, what is the difference between investing and saving? The two terms are often used interchangeably but there are distinct differences between saving and investing:
What should I know before I make a financial investment?
What is most important to remember is that the greatest of investment journeys start with the first step.
You do not have to be super wealthy or an investment guru. With the right financial advice and guidance, your journey can start today.
About African Bank
Our mission is to be a successful Retail Bank offering a wide range of products and services to the consumers of South Africa. The people who work for African Bank represent the diverse population of South Africa; therefore we are a reflection of you, of all South Africans. We seek to provide value - more than our consumers expect of us. We promise to live our purpose 'humanity through banking' in all that we do and we are confident that we can, because 'We are You'.