Since last year, emerging currencies have been falling.
Scrap that… CRASHING…
We aren't sure why exactly, but I think it's all down to what is happening with the US.
You see, the FED is expecting to raise their interest rates this year.
This will help dampen the inflation rate.
As this is good for the GDP and the economy, it will lead to US dollar strength and weakness among o... ››› more
South Africa has gone from Lockdown level 4 to Jumanji in the span of two weeks.
It's been nothing but pandemonium.
Businesses are closed again! Looters are enjoying Christmas in July and residents are fearing for their lives cooped up in their houses.
We may feel like sitting ducks, but at least we can take some kind of advantage of the one south African market that will most likely fal... ››› more
Last week I made my first prediction on gold.
Click here to catch up if you missed it. Today I'm going to let you in on my 2nd prediction for the year – The South African rand.
In the last three months we’ve seen the rand strengthen from R15.40 down to R13,70.
We’ve seen the petrol price drop from over R16 down to R13,70 as well.
Whil... ››› more
The investment environment in South Africa is leaving many investors confused. Nobody seems to know what to do anymore.
It's not always easy to figure out what to invest in when rumours of a looming recession and a falling rand are circulating the markets. That's why the FSPInvest team of investment experts spend hundreds of hours a month researching the best opportunities and shares to add to... ››› more
Chris Hart, regular contributor to the South African Investor predicts that the rand will hit R60 to the dollar by 2019. He also believes that credit ratings agencies will soon declare South Africa's junk status before the end of this year. This is bad news for South African Investors. But just how worried should you be? And is there anything you can do to hedge your investments against this event... ››› more
Investing offshore can benefit your portfolio.
It can be a good way to diversify your investment portfolio. And it gives you the chance to get into some potentially lucrative investments you may not have access to in your home market.
But it comes with a downside. It exposes you to considerable exchange rate risk.
So what exactly is this exchange rate risk and what does it mean for your i... ››› more
Last week Gill Marcus announced that the Reserve Bank will leave interest rates unchanged, but warned that further rate increases would follow soon.
The expectation of increased rates has seen the rand strengthen to R10.60 against the US dollar. But this strength won't last.
And that's why now is the perfect time for you to get into resource shares and profit.
Let me explain…
... ››› more
Since the start of the year, the rand has been under continued pressure. After sliding through R11 to the dollar, it's struggling to find its feet. On Friday, the US released job numbers gains were modest. The rand took some respite from this, but it didn't last long. Let's take a closer look at what's going on with the rand…
Late Friday, the rand saw a brief rally as job figures in the US cam... ››› more
Over the last year, the rand has fallen more than 18% against the US dollar. Over the last three years it's fallen more than 35%.
And with an estimated 100,000 workers striking in the platinum sector, the rand is only going one way: That's DOWN!
The problem is, every time the rand falls, the value of your wealth falls with it. So today I want to show you three ways you can beat a falling ran... ››› more
2013 was a pretty good year for South African investors… Or was it?
On the world's stage your wealth actually went backwards.
In dollar terms you would have lost money. You see, if you put R100,000 at the start of 2013. That was equivalent to $11,682. During the year our market would've you a return of 14%, meaning that you would have R114,000.
Now I know that doesn't sound too bad.
... ››› more
Looking over SA's 2013 investment year, anyone would have raised an eyebrow. The sheer volume of strikes in 2013 put the country on the back foot and made it difficult for people to make profits. Thanks to the labour unrest, the country's current account deficit expanded. This also weakened the rand and shattered the profitability of mining companies already battling lower commodity prices. But ... ››› more
Earlier today, retailer Verimark released its interim results for the six months to the end of August. And in spite of cost pressures, the company is starting to turn things around. The company has managed to narrow its losses greatly. Let's take a closer look at what the results revealed…
In its interim results, Verimark showed “an operating profit of R3.2 million” for the period, says Fi... ››› more
Yesterday, the rand hit a six week low. And with a lot of crucial economic data out this week, its woes might not be over just yet. But what if you could profit from the falling rand? Read on to find out how you can gain from a weakening rand…
There are a number of ways to protect your rands using a variety of investment strategies and listed financial derivatives, Mark Weetman explains in The... ››› more
When the rand declines, does it really affect you?
It's easy to think it has nothing to do with you, but in reality it has everything to do with your wallet.
Consider this….
For every 1 percentage-point drop in the rand, the cost of petrol goes up by as much as 10c per litre. So if the rand goes to R10/$ you could be paying as much as R1.16 more per litre of fuel, every time you fill... ››› more
Diamonds are among the most precious commodities in the world. And they're also among the most profitable. They're so profitable, in fact, that Zimbabwe's Finance Minister is insisting that the country's diamond sales be used to line the country's depleted coffers. For retail investors like you though, there's an easy way you can invest in diamonds to make a profit and you don't even need to keep ... ››› more