WRITES VIA EMAIL: A few months ago, Simon Brown covered options of utilising tax-free investments. I have unfortunately misplaced the specific Finweek edition that covered this. I can recall that Simon split his initial (first year) investment of R30 000 up into two or three different investments and shared that he would adapt the weighting strategy in later years.
EDITOR, RESPONDS: In our 2 April edition Simon advised to open a taxfree savings brokerage account and invest in three ETFs: BBET40, DBXWD and PTXTEN. His first purchase was R15 000 of the first two. He aims to add PTXTEN next year, buying the three in equal tranches of R10 000 each.