Category Archives: Market Overview

Market Overview

Views – Your Questions Answered

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Q: Have you saved enough for retirement? Generating a passive income should get you retiring comfortably.

A: Passive income is the fruits of investments you have made that pay you a recurring income, without decreasing the value of the investments. In a perfect world these investments would keep paying you forever. Sounds beautiful, right?

In reality, building a sizable passive income stream takes a phenomenal amount of hard work, timing, business acumen, investment savvy, fortune and most importantly: time. The point I’m making is that if you want to be able to retire one day, you better get investing ASAP.

Read more here: The Basics Of Wealth Part 2

Source: Ricki Allardice, Sharenet Wealth Manager

Need advice or guidance on investments best suited for your needs? Contact our Wealth division, for a free consultation.

wealth@sharenet.co.za

Graphonomics

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On the 30th January 2018, fund managers Viceroy, who exposed accounting fraud in Steinhoff last year, published a report on Capitec, describing the company as a “loan shark with massively understated defaults – masquerading as a community finance provider”. The share price plunged to a low of R705.00 on the day, but closed at R915.92.

Graph: Capitec’s performance from 26th January to the morning of the 31st, showing the plunge following the release of the Viceroy report on the 30th. Note how the share price was already on the decline a few days before, suggesting some already knew about the pending report. (Graph source: Sharenet)

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