We were all hoping for a bit of a breather going into 2022. But as if the pandemic wasn’t enough for all of us, the year so far has proven to be very eventful.
When it comes to “timing” the market and timing the turnaround, doing so successfully is unfortunately impossible. If we could do that, we would all have been billionaires by now. The time IN the market. Secondly, switching your entire portfolio to cash, at any point in time, is never advised. Cash is currently yielding just over 5%. Inflation just reached 7.4% in SA. This means you are effectively losing money every single day. A well-diversified portfolio, which includes all the asset classes, is always advised.
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