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  • Pretoria News Weekend

    YOUR QUESTIONS ANSWERED

    Oct 31, 2020 4 minutes

    Email your queries to perfin@inl.co.za or fax them to 021 488 4119

    WHERE TO INVEST A R2M INHERITANCE?

    I’m expecting an inheritance of about R2 million in the coming months. Should I put most of it into my retirement or property portfolio, or should I split it among other investments? I want to make the most of this gift, but to be safe, given the current uncertainty.

    Name withheld

    Shreekanth Sing, a financial adviser from PSG Wealth Northcliff, responds: There are a few factors to consider. Allowing this gift to work for you and grow is commendable. If you have any debt, you may want to settle it first. The freedom that comes with being debt-free can’t be underestimated. Any

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