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January 2013: Nobody ever lost money taking a profit

By April 18, 2015October 6th, 2023Newsletter

January 2013: Nobody ever lost money taking a profit

April 18, 2015

South African stocks ended the year near record highs, after a 22 % surge that marks their best annual return since 2009, lifted by a runaway performance from the booming retailing industry. Historically, from 1995 until 2013, the South Africa Stock Market (FTSE/JSE) averaged 14521 Index points reaching an all time high of 40275 Index points in January of 2013…and a record low of 4308 Index points in September of 1998. What does it mean to readers of fresh milk?

Playing the Stock Exchange is like Snakes and Ladders. One day you’re up and the next day you’re down. Right now your investment will be at its best level in 5 years. Why expose yourself to unnecessary risk if you can get out while the going is good? No one has ever laughed at the man who made a profit…

What to do with the money? That’s the easy part! Exercise your right to financial emigration, transfer the funds abroad and consolidate your portfolio in your new home country. In the process you’ll be eliminating currency and political risk and planning for a successful family future. There’s nothing wrong with being prudent.