It's Saturday morning, and you're heading to the golf course, ready to beat your personal best. After watching countless instructional videos on YouTube throughout the week, you feel confident and prepared.
Stepping onto the tee box of the first hole, you take a deep breath, swing, and watch the ball soar—it looks perfect.
But then, it starts to drift left, refusing to hold its line. "Stay straight!" you mutter, but with sinking disappointment, you watch it land squarely in the dreaded fairway bunker.
How can this be? Hours of practice and preparation, yet here you are, back where you started.
Investing can often feel as complex as mastering a sport. With countless options and strategies to choose from, it's easy to get overwhelmed. That's why understanding the purpose of each investment is critical for success.
There are several traditional investment asset classes to consider, including:
Cash/money market instruments;
Interest-bearing instruments like bonds;
Property; and Equities.
Choosing the right mix of these asset classes is key to achieving your financial goals.
Unfortunately, selecting the wrong blend can leave you dissatisfied or financially unprepared for the future.
The time horizon of your investment plays a crucial role in determining the right blend of assets.
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Denne historien er fra October 31, 2024-utgaven av The Citizen.
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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Frenzied festive season here
BLACK FRIDAY: SAVVY SHOPPERS DEMAND REAL VALUE AND GREAT EXPERIENCES
Confusion as deadline looms
ZEP: 'IMPOSSIBLE TO MEET FRIDAY CUT-OFF'
Transforming your investment with your advisor
Decisions made with your retirement funds often cannot be reversed. If you don't have an embedded retirement plan, you'll probably hear things you don't like from your planner.
Making offshore waves
Structuring direct offshore investments can be valuable in a holistic strategy.
Medical aids in decline
REPORT: SHARP DROP IN COVERAGE WITH ONLY 14.7% OF POPULATION COVERED
CHIEFS BAG FULL POINTS
ENCOURAGED: TEN-MAN AMAKHOSI HOLD OFF A LISTLESS RICHARDS BAY
Rodri leaving a massive hole
Pep Guardiola and Manchester City's marriage has been so successful, that any slip is in danger of being blown out of all proportion.
Rain comes to Proteas' rescue
South Africa were saved by the weather yesterday after an onslaught from Sri Lanka's bowling attack left the hosts flailing on a rain-interrupted opening day of the first Test in Durban.
Lions gear up for test of pedigree
The Lions are set for a massive test of their United Rugby Championship (URC) top four credentials when they take on 2022-23 URC champions Munster in their match-up at Thomond Park in Limerick on Saturday night.
England wrap up T20I series
England's women's cricket team wrapped up the three-match T20 series against South Africa in dominant fashion in Benoni last night with a match to spare, after cruising to a 36-run win in the second match.