The Covid-19 pandemic has prompted many people to follow their aspirations and seek ways to build wealth and grow an investment portfolio that stands the test of time and generates a passive income. In South Africa, the seemingly ever-resilient residential property market has historically been one of the few investments that has acted as a hedge against previously rampant inflation.
Property investment, as an asset class, tends to be less prone to extreme bouts of short-term volatility. Stocks and shares can meltdown overnight due to global or local shocks to the economy, but property investments tend to be more resilient against the upturns and downturns spread out over time.
Property has and always will be an integral part of any sound investment portfolio. One of the best investments one can make in terms of minimising risks and optimising returns is through property investments. This could be through buying a rental property, purchasing shares on the stock exchange in listed property companies, buying directly from developers or restoring derelict properties.
There is a myth that property investing is only for the wealthy, but in South Africa, ordinary South Africans, from all walks of life can, in theory, own and invest in property. However, knowing where to invest and how to invest in property is a skill that can take years to master. This is where local company, RICHES AND BEYOND comes in.
“Wealth is about a lot more than just money; it’s about building a strong and sustainable income that fuels the need to set your dreams alight.”
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Denne historien er fra June/July 2021-utgaven av Your Business.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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