Investment is an important way to hedge against future financial disasters. The first investment step is to determine what you want to achieve with your investment. For example, investing in a single share is not the best option if you need an investment that will be available as an emergency fund in the short term. On the other hand, a savings account is not ideal as a long-term savings plan for retirement.
Karen Wentzel, Head of Annuities at Sanlam Corporate, says investment