30%

Finweek English Edition - - ON THE MONEY SPOTLIGHT - Ed­i­to­rial@fin­week.co.za

“As much as it pinches and hurts at times, for the past 20 years I have saved 25% to 30% of my monthly in­come,” says Fresh.

Fresh has a di­ver­si­fied port­fo­lio, both lo­cally and off­shore. “I’ve got unit trusts, re­tire­ment poli­cies, life as­sur­ance, dis­abil­ity cover, etc. I get in­vest­ment ad­vice from peo­ple who are not sell­ing the prod­ucts who ob­vi­ously have a vested in­ter­est.”

He also in­vests in prop­erty. “Prop­erty is a good in­vest­ment but ten­ants are a headache and the law is bi­ased to­wards them. That dis­cour­ages me ev­ery time I think about get­ting an­other prop­erty.”

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