Why INvest when you could OUTvest?
From the company that turned INsurance into OUTsurance comes OUTvest, an exciting new offering that simplifies investing and helps you save – turning your goals into reality
WE ALL have something we’d like to save for. Perhaps it’s your child’s education, kicking off that new business you’ve been talking of, that overseas trip you’ve dreamt of for ages, or a deposit on a new home. But most of the time it’s just talk and no action, because it’s not easy to save diligently and most of us find investing overwhelming. OUTvest is changing that.
Grant Locke, the creator of OUTvest, says the simple act of saving instead of using loans to pay for large purchases can have a massive effect on a household’s wealth – or lack thereof.
There’s no better time than the present. The earlier you start to save the better, and the lower the amount you’ll need to save each month to reach your goal. WHAT IS IT? OUTvest is a digital investment platform that uses state-of-the-art investment technology and advice systems to help you plan, create and reach your goals with awesome online budgeting tools. Simply set up a goal and
OUTvest will guide you through the rest. This digital platform makes it easy to manage your investment and track your goals online or through the OUTvest app. WHO CAN USE IT? Anyone can be an OUTvestor, because we all have goals. Whether you want an easy and rewarding way to create a tax-free savings account, or want to save for specific goals for the future, all you need is a dream and the discipline to put away as little as R100 a month. You don’t even need investment experience. The OUTvest digital advice system and goal- setting calculators will help you to understand how much you need to save, and recommend a fund to help you reach your goals. WHAT DOES IT COST? OUTvest fees are very low and competitive compared with traditional investing – as low as 0,8% of your investment, all-inclusive, depending on how much you invest. The easy-touse pricing indicator on the OUTvest website can help you to compare OUTvest fees with the average fees charged on investments. WHY USE OUTVEST? OUTvest would like to change the way people look at investing – by making professional investment simple. The beauty of OUTvest is that you can build a professional investment plan without the help of a financial adviser.
The intuitive do-it-yourself website and app are backed by advanced investment technology and your money is invested in unique funds, some only available through OUTvest. The experts at OUTvest’s call centre will help you overcome any concerns and give you ongoing advice.
“We believe OUTvest will increase the average person’s access to sound professional financial advice,” says Niel de Bruin, OUTvest co-creator. IS YOUR MONEY SAFE? There’s risk in any investment, but OUTvest gives you peace of mind by ensuring you’re investing in the best fund for your goal, taking into consideration the money you have available and the time period over which you want to invest.
Don’t think it’s safer to leave your money in a bank account if you want to invest longterm. “Over a long period of time there’s a good chance the value of money in a bank account may not keep up with inflation,” Locke says. And you should only invest your hard-earned money with companies regulated by the Financial Services Board – like OUTvest.