First of all, assisting your daughter in planning ahead is a noble gesture. Deciding how to invest the money you are setting aside to support your daughter’s home purchase is an important decision. Given the current economic climate, it is wise to consider all your options.
Unit trusts: As you mentioned, you have currently invested the funds in a unit trust structure where money is pooled from various investors and may be diversified between several asset classes such as shares, bonds, property and so on
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Deep Dive into Regulated Investment VehiclesOn the back of the recent BHI Trust scandal, which has rocked the investment world and realised billions of rand lost, we look at some of the investment signs that investors should take caution of and look at some of the safeguards investors should consider when choosing a financial product or investment. Notably, the distinction between regulated and unregulated options becomes increasingly apparent. The crucial role of financial regulators is highlighted, emphasizing the advantages of investing in regulated vehicles.
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Nigeria seeks to lure foreign investment with tax incentivesNigeria has also been reviewing its bilateral agreements with countries to drum up investment.
Source: Moneyweb - 🏆 5. / 77 Read more »