What is an investment?
An investment is an asset acquired with the goal of generating an income or a value appreciation over a certain period. Within the financial space, an investment is a monetary asset purchased to provide income in the future or to be sold at a higher price for a profit.
Understanding your personal financial situation, as well as the different investment products, will help you make a decision. To assist you on your journey, here is a breakdown of the two most common investment vehicles.
A unit trust pools money from multiple investors into a single fund, which gets divided into shares, bonds, and property. Instead of struggling to decide where to invest, a unit trust offers you exposure to a range of assets, which are selected and managed by investment professionals. Get your unit trust here.
This fund, also commonly known as a “pension fund”, is any plan, fund, or scheme which provides or caters specifically for your retirement income. This money is purposed to be used when you retire to maintain your standard of living. For more information and a free call back, fill in your information here.
Investing your money ensures long-term financial security. Life is unpredictable and expensive but making a commitment to invest is the best gift you can give yourself and your family.
Investing also prepares you for your retirement. This is essential and most people do not realise that relying on a pension or provident fund from their employer will often not be enough. Investing is the best way to ensure you are taken care of in your twilight years.
Use the retirement calculator to give you an idea of how much you should put away each month if you hope to live comfortably.
Investments through Justmoney
You can apply for investment products through a variety of investment and financial institutions. But nowadays non-banks are offering safe and simple investment offerings at the click of a button.
So where does Justmoney fit in? We act as a bridge between you and your ideal investment provider – whether you are interested in a unit trust or a retirement fund – to ensure the best offer for your investment needs.
If you have any questions about investments, refer to our handy investment guide or get in touch with us on our Contact Us page.
Featured The perks of investing in student accommodation
With the constant influx of new students entering tertiary institutions, there’s usually a steady demand for student accommodation. As an investor who’s interested in the property market, should you consider student accommodation?
Is it wise to invest in industrial property?
You may already be aware that commercial property is a fair investment option – and sometimes even more profitable than private property. But did you know that focusing on industrial property could also offer you good returns?
If you save your money in cryptocurrency, will you sidestep losing through inflation?
At the height of their popularity, cryptocurrencies were the go-to investment for trendy millennials. They have since stood the test of time, and many consider this a healthy investment choice. So how do cryptocurrencies hold up against inflation?
How to earn passive income through dividends on your investments
If you invest your money wisely, you will be able to watch it grow beyond inflation. This is a far better option than simply leaving your money in a general savings account. However, did you know that you could also receive interest or dividend payments on your investments?