The A-Z of 2019
A – ANC
In May, the ANC won the sixth South African democratic election, with 57.5% of the total votes, which is much less support than they had anticipated.
B – Bokke
How can we end 2019 without mentioning the Bokke’s amazing performance in the Rugby World Cup final this year? If you had asked anyone in March 2018, while we were ranked seventh in the world, if there was any chance of us becoming the world champions, the answer would have been no.
C – Cash
Money market rates were relatively stable during 2019. It ended 2018 at 6.7% and at the time of writing in November 2019, it stood at 6.49%.
D – Diversification
We were reminded yet again in 2019 of the importance of a well-diversified portfolio. Investors had quite the rollercoaster ride with local shares and properties, while bonds remained relatively stable with SA’s All Bond Index showing 8.6% growth for the year up
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