In this episode Warren Ingram and Pieter de Villiers answers your questions on building a solid financial foundation, investment strategies for young adults, and the importance of global diversification. They discuss the significance of tax-free savings accounts, retirement planning, and the balance between risk and reward in investments. 

Key Takeaways:

• Maxing out a tax-free savings account is a great start.
• Building a financial foundation involves budgeting and emergency funds.
• Investing in retirement funds can provide tax benefits.
• Diversification is crucial for long-term investment success.
• Avoid timing the market; focus on long-term growth.
• Invest in global markets to take advantage of opportunities.
• Automate investments to reduce stress and ensure consistency.
• Knowledge is the best investment you can make.
• Consider short and medium-term financial goals alongside long-term investments.

Learn more about Prescient Investment Management here.

Send us a text

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