Honest Money

Balancing Local & Global: A Guide to Diversified Investing Strategies for Young Investors


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In today's podcast, Warren Ingram answers your questions around importance of diversification in investing, particularly for young investors looking to build a global portfolio. Warren outlines strategies for offshore investment, including the use of feeder funds and the implications of currency exchange and capital gains tax. Warren also emphasizes the need for a balanced approach to investing, combining different vehicles such as unit trusts and exchange-traded funds, while also considering tax efficiency and growth potential.


Takeaways

  • Diversification is crucial for long-term investment success.
  • Investing a portion of your money overseas is essential.
  • Feeder funds can simplify the process of offshore investing.
  • Understanding tax implications is key to effective investing.
  • Investing in index funds can reduce risk and increase returns.
  • Start with foundational investments before considering individual shares.
  • Monitor currency impacts on your investments.
  • Utilize tax-free allowances to maximize growth.
  • Plan your investments to minimize capital gains tax exposure.
  • Maintain a balance between local and global investments.


Get more insight on how Prescient Investment Management can help you here.

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Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

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Honest MoneyBy Warren Ingram

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