02/11/2020
“FINANCIALS” IS OUR TOPIC FOR DISCUSSION…. You CAN invest offshore and here is why it is an ideal time to do so…
There is no denying South Africa has a small economy, did you know that South Africa’s GDP makes up only 0.29% of the world economy – Fact!
Known facts are shared below from and , which are mind blowing and reason for concern.
“The Gross Domestic Product (GDP) in South Africa was worth 351.43 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of South Africa represents 0.29 percent of the world economy”. source: World Bank
‘The South Africa GDP shrank an annualized 51% on quarter in the three months to June of 2020, after a downwardly revised 1.8% contraction in the prior period and more than an estimated 47.3% decline. It was the steepest economic contraction since at least 1990, as the Covid-19 pandemic blow extended the recession into a fourth quarter, the longest period of consecutive quarterly contractions since 1992. Steep output declines were seen across almost all of the country's sectors, in particular construction (-76.6% vs -4.7% in Q1); manufacturing (-74.9% vs -8.5%); mining (-73.1% vs -21.5%); transport, storage & communication (-67.9% vs 0.5%) and trade, catering & accommodation (-67.6% vs -0.7%). The only exception was agriculture, forestry and fishing (15.1% vs 26.8%), amid higher production of field crops and horticultural products. Year-on-year, the economy shrank 17.1%, following a revised 0.1% growth in the previous period and compared with market expectations of a 16.5% slump’. source: Statistics South Africa
Mind blowing and a concern right?
Ask yourself if you want to leave ‘all your eggs in South Africa’ and leave the future of your investments up to the decision-makers in South Africa, an economy that is uncertain with a currency that devalues on a continuous basis – in 2011 the Rand/$ exchange rate was R6.48 : $1 – in only 9 years it is now at R16.27 to the Dollar – i.e. a 148% devaluation or an average of 16.5% pa.
It makes logical and affordable sense to diversify some of your investments, not only into ‘hard-currency’ but also into economies that are large enough to stand the knocks and that continue to grow…
Take a look at the graph below, we see that the ZAR has appreciated since April 2020 by more than 14% indicating that this is the ideal time to invest in global markets and take advantage of the Rand’ Strength as well as the excellent investment vehicle offered by the Glacier-Offshore-Investment Plan – see attached for more information and links below.
If you’re an investor who saw offshore as off limits, there’s never been a better time to change your view. The Glacier Offshore Investment Plan is an investment solution which offers you the opportunity to invest offshore, accessing different markets and currencies with simplicity, flexibility and affordable investment minimums.
https://www.glacierinsights.co.za/blog/investment-insights/to-invest-locally-or-offshore
https://www.glacierinsights.co.za/blog/investment-insights/10-tips-for-investing-offshore
https://www.glacierinsights.co.za/blog/investment-insights/offshore-investing-direct-offshore-or-feeder-funds
https://www.glacierinsights.co.za/blog/investment-insights/make-your-money-work-abroad-even-if-you-cant
Where else can you get access to Global investments for only R100 000 – most offshore funds have a minimum investment limit of $25 000 or $50 000 or £25 000.
Contact me today to discuss and to obtain a quote.
Andrew Lobban : Cell No. 083 452 8577
email : Andrew [email protected]
