Market update

The world we live in still holds its breath on the elections outcome results. Some feel that the GNU only needs to survive till 2026. The municipal elections date.

Our investments did well though. The ALSI is volatile as we see every day. The wellknown portfolio managers opted not to make changes to their portfolios after the elections.

This turned out to be perfect science. In recent discussions with Glacier, Coronation and Stanlib their actions turned out to be very lucrative for our investments.

Growth rates of 21% over a 12 month period was produced.
Please remember this could only be achieved if the investment was made on October,31 2023. Thus 12 months.

We enter the last stretch of 2024 and usually this is the time when investments do well annually. With interest rate cut we shall see a rise in market linked investments.

A Blessed Christmas and a Prosperous New Year to you and yours.