Sep­a­rat­ing the chaff from the corn

Finweek English Edition - - Letters -

I’D LIKE TO con­grat­u­late Vic de Klerk on the sober yet hu­mor­ous way in which he writes his ar­ti­cles. His in­for­ma­tion is al­ways thor­ough, fac­tual, log­i­cal and to the point – with­out gen­er­al­i­sa­tions and the use of showy fi­nan­cial ter­mi­nol­ogy. I sus­pect your crit­ics are of­ten put off when you sep­a­rate the chaff from the corn by lift­ing the facts clear of typ­i­cal mar­ket­ing jar­gon. Keep it up!

Just one ques­tion, please: Is it per­haps pos­si­ble to see the com­po­si­tion of your share port­fo­lio some­time? IF YOU DON’T LIKE the idea of be­ing tied down for five years, think about the 8,5%/year for two years you can earn on re­tail bonds. That’s still a good bit more than the 6,5% the banks pay.

Take the pen­sioner’s op­tion so that you can get your in­ter­est ev­ery month. And if you re­ally need the money be­fore the time – say, for med­i­cal rea­sons – I can as­sure you the Trea­sury will con­sider your request very sym­pa­thet­i­cally.

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