• Balancing Local & Global: A Guide to Diversified Investing Strategies for Young Investors

  • Nov 2 2024
  • Length: 16 mins
  • Podcast

Balancing Local & Global: A Guide to Diversified Investing Strategies for Young Investors

  • Summary

  • In today's podcast, Warren Ingram answers your questions around importance of diversification in investing, particularly for young investors looking to build a global portfolio. Warren outlines strategies for offshore investment, including the use of feeder funds and the implications of currency exchange and capital gains tax. Warren also emphasizes the need for a balanced approach to investing, combining different vehicles such as unit trusts and exchange-traded funds, while also considering tax efficiency and growth potential.


    Takeaways

    • Diversification is crucial for long-term investment success.
    • Investing a portion of your money overseas is essential.
    • Feeder funds can simplify the process of offshore investing.
    • Understanding tax implications is key to effective investing.
    • Investing in index funds can reduce risk and increase returns.
    • Start with foundational investments before considering individual shares.
    • Monitor currency impacts on your investments.
    • Utilize tax-free allowances to maximize growth.
    • Plan your investments to minimize capital gains tax exposure.
    • Maintain a balance between local and global investments.


    Get more insight on how Prescient Investment Management can help you 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

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