[Source: BusinessTech by Magnus Heystek.]
While many look for bright spots in the economy and local markets, investors need to face up to the bleak reality in South Africa – and government’s incoherent plans around pensions, writes Magnus Heystek, director of Brenthurst Wealth Management.
The returns on the JSE over the past seven, five and three years have been abysmal—probably the worst period in investment markets since the 1985 crisis after the infamous Rubicon speech by PW Botha, former president of apartheid South Africa.
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