In this episode, Warren Ingram welcomes Pieter de Villiers, also known as Money Marx, as the new co-host of Honest Money. Together, they explore the importance of offshore investing, emphasizing its accessibility to all South Africans. They discuss key topics such as the benefits of diversifying investments, strategies for currency conversion, and the tax implications of offshore investments. Additionally, they provide practical insights on investing in global markets while taking the South African context into account.
Takeaways
- Offshore investing opens up a world of opportunities.
- Diversification is a core principle of investment.
- Investing offshore is accessible to all South Africans.
- You can start investing with small amounts like 10 rand.
- It's important to have some exposure to RANs for stability.
- The medium person should consider a 25-50% offshore exposure.
- Tax implications are crucial when investing offshore.
- Investing through RAND denominated funds is a viable option.
- Understanding where your investment is domiciled is key.
- Diversification helps mitigate risks in uncertain markets.
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