How Coronavirus Is Affecting Investments

As a New York Times headline so succinctly put it: “A global disease outbreak isn’t the kind of risk that many investors were trained to react to.” Add to that an oil price war involving two major producers- Saudi Arabia and Russia, and you get the sort of extreme market volatility we’ve seen since the beginning of the year when reports about the Coronavirus first surfaced, and especially in the last week.

There is currently a lot of uncertainty, eclipsing almost everything else and destroying investor confidence. There’s uncertainty about how bad the coronavirus out break currently is, how bad it can get, whether authorities can get it under control, how much will it disrupt our lives, how much will it disrupt businesses? How long will Saudi Arabia be willing to keep oil prices low to hurt Russia, how will these low prices affect US shale producers as well? What will the reactions of Russia and the US be?

These are all questions weighing heavily on investor sentiment.

Why is the coronavirus having such a massive impact on the global economy? Continue reading “How Coronavirus Is Affecting Investments”

Invest in 2020

New year, new resolutions! At the start of each year many of us take the time out for the important task of goal setting for the year. A general tip is remembering that our quality of life is not normally determined by knocking off one huge goal in a year; but by making steady progress on small, achievable goals over a long period of time.  Our ambitions often include financial goals, given the impact the state of our finances has on our day to day living standards.

Common financial goals include things like:

  • Becoming debt free;
  • Improving credit score;
  • Create and stick to a budget; and
  • Saving.

All these goals are fantastic and can lead to a better life by increasing your disposable income and funds available for emergencies or goals, but we’d like to challenge you to include one other powerful financial goal this year- INVESTING!

Continue reading “Invest in 2020”

Six Month Anniversary of Tongaat Hulett’s Temporary Delisting from the JSE

It’s been six months since the “new” management of scandal-hit Tongaat Hulett took the decision to suspend the companies listing on the exchange as well it’s secondary listing in London.  The decision was taken following a huge accounting fraud discovery which has led the company to lose 57% of its value since the they first issued a cautionary SENS announcement in March, and 76% of its value over the whole year.

Continue reading “Six Month Anniversary of Tongaat Hulett’s Temporary Delisting from the JSE”

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