Finweek English Edition - - FEEDBACK - ERNEST MULIBANA

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?

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