AGGRESSIVE OR NOT?
WRITES VIA EMAIL: The article Millennials prone to herd behaviour when investing in the 21 May edition of
caught my attention. In the article, PSG’s Ronald King is quoted as saying, “invest aggressively – and have the patience to let your money grow”. I understand the patience, but I am finding it difficult to comprehend what King means by “invest aggressively”.
I have always been saving money through savings accounts (32 days’ notice) with various banks, and have only recently opened investment accounts (unit trusts). I have decided to put away an additional R1 500 a month into a retirement annuity and unit trusts, bringing my total savings to at least R4 500 a month. Would this be regarded as aggressive investing?