Should you wait for the next ratings decision before investing
Patrick Cairns | 28 July 2016 00:21 CAPE TOWN – In this advice column Mikayla Collins from NFB Private Wealth answers a question from a reader who wants to know whether his advisor should have held back on making any investment decisions until the ratings agencies make a decision on South Africa. Q: I just a made an investment of R400 000 via a financial planner who placed these funds within a unit trust portfolio. My question is twofold: Firstly, if we are downgraded to “junk” status, is there any possibility of me losing…Read more …
