Market update

24 Feb 2025

Volatility is at the order of the day:
Trump’s Executive Orders are issued and some are reversed.
Mr Enoch Godongwana was not successful in the increase of VAT as he wanted to.
The GNU functions and will hopefully weather the storms.

Uncertainty still prevails:
Businesse still do not trust their ability to expand in this environment in RSA.
The billions they keep saved in the banks tell the true story.

The resilience of South Africans is well known thou. We shall survive on the economical side.
On the positive side: The All Share Index is braking records as we speak. Touching 89000 points is the highest ever.

Returns of above 10% is a daily occurrence. The funds in the portfolios you invested in currently gives between 10 and 15% return over 12 months. Still a good place to be invested in.

While the future looks unsure, we are well cared for inside our investments.
Be safe 


© 2017 Johann Meyer Financial Adviser CC. An Authorised Financial Services Provider (FSP) 10648

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