South Africans are slow learners and optimistic investors

  • 📰 City_Press
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 15%
  • Publisher: 72%

The returns that South African investors expect their investments to yield appear to be highly unrealistic. And these expectations also create a risk – people may be spending too much and putting aside too little money for retirement

South Africa Headlines News

South Africa Latest News, South Africa Headlines

And these expectations also create a risk – people may be spending too much and putting aside too little money for retirement.

Abbott said these expectations exist despite the fact that the returns on the JSE over the last 10 years have been between 10% and 11%, on average, and have been closer to 5% over the past five years. Schroders is one of the world’s top 50 asset managers with about $565.5 billion in assets under their control.

On average, South Africans review their investments 27.7 times per year and 67% check how their money is doing on a monthly basis. In Britain and the EU, returns are expected to decrease from an average of 8.8% and 9.2% to 4.6% and 5.1%, respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well what can we do? Everything is so bloody expensive just to survive from month to month because of the position the GovernmentZA + MYANC and friends has put us in.. The Rand is in a disastrous state, SOE crisis, unemployment, crime. NoMoney

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Happy Heritage Day to every South African and African | IOL NewsHappy HeritageDay to every South African and African. Those who fought bravely with and for us. The ones who helped us overcome the darkest hours of our nation’s history. AllAfricanHeritageDay 🇯🇲proud to have been one of the 1st to stand with 🇿🇦 in her darkest hour. HappyHeritageDay!!!
Source: IOL - 🏆 46. / 51 Read more »

WATCH: South Africans demonstrate against GBV in New YorkJeneker took to Facebook to call on South Africans to show their support.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

South Africans taxed to the hiltSouth African taxpayers are among the highly taxed in the world - and it could get worse. Some one must pay for state capture The worst. To fund looters ......But there's always a solution to any kind of ills. We thank innovation. Blockchain is the future for all digital transactions..... and I bet, as usual many are not ready ...... People are already paying more tax,when will we hear about 'expenditure speech'?
Source: eNCA - 🏆 49. / 51 Read more »

South Africans celebrate their cultural heritageNelson Mandela said South Africa's 'rich and varied cultural heritage has a profound power to help build our nation.' Ko kayi Tight security in every gathering please. Child abduction is no joke!!! Heritage without land?
Source: eNCA - 🏆 49. / 51 Read more »

South Africans taxed to the hiltSouth African taxpayers are among the highly taxed in the world - and it could get worse. Kudlaliwe ngathi They gonna soon TAX us for tweeting. Every tweet will have VAT I tell y’all This is the price of socialism. Nothing is for free. Someone is always paying for the 'free' stuff government gives away.
Source: eNCA - 🏆 49. / 51 Read more »

Fewer South Africans believe they should be paying for their TV licences - surveyThe number of South Africans who believe they should be paying for TV licences is on the decline. Thats obvious no survey needed here..with the poor content SABC provide. And fewer are .... Am actually bothered by the repetition of old sitcoms like Streaks. Buy am paying mine.
Source: TimesLIVE - 🏆 28. / 59 Read more »