I’LL PLAY IT SAFE

One of the biggest mistakes you could make is to invest too conservatively for your retirement. Conservative investments are for instance cash in money market funds. Your portfolio should ideally include a sizable portion of investments in shares, says Jeanette Marais of Allan Gray. These investments outperform other asset classes in the long term. Marais says a balanced fund is generally a good option because your money would be spread across various asset classes. Up to 75 percent can be invested in shares.