2020 was an extraordinary year. Our markets had to face downgrades, political uncertainty, Covid 19, more downgrades, elections, men in orange overhauls and even more upgrades and survived!
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Wat ‘n interresante jaar was 2020 nie. Ons markte het afgradering en politieke skommelinge en Covid 19 en nog afgraderings en verkiesings en manne met oranje oorpakke en nog afgraderings oorleef!
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The markets treat us well, correction, the portfolio managers are on the ball with their choices inside our investments. The political arena may change a bit though. What we urgently need is a much firmer stance from government. This will have a very positive effect on domestic investors attitude.
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Die markte is baie goed vir ons, skuus NEE, die portefeulje bestuurders het sukses met ons beleggings. Die politiek is egter die groot uitdaging. Wat ons nou dringend nodig het, is beslissende optrede deur die regering. Dit sal meebring dat beleggingsvertroue binnelands weer sal kan regkom.
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Coved-19 reaped havoc in the world markets as well as on our returns up to the turning point on March 25th. Some funds even made a profit over the current term.
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Covid-19 had wereldwyd ‘n dramatiese invloed op ons belegging opbrengs gehad. Nie dat ons vantevore van goeie groei syfers kon praat nie. Ek sal later weer hierna verwys. Verlede tyd!
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The new year started with a BANG! The Rand fluctuated seriously because of the New Year’s hype, Brexit and now the Corona virus. Underlying worries are still in our minds though. We are still in line for a downgrade from Moody’s. The Budget speech was actually quite user friendly.
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Die nuwe jaar het met n slag begin. Die rand het ons verras met sy skommelings wat die gevolg was van nuwe jaars opwinding, Brexit en nou die Corona virus. Die onderliggende bekommernisse bly egter steeds loer… Ons wag vir Moody’s se besluit oor afgradering al dan nie. Die begroting was vervbruikers vriendelik an gunstig.
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