For the background to this series of posts: here, here and here. And the summary:
- Small investors have some investing options.
- You can invest occasionally in lump sums (the once-off investors) or monthly through debit orders (the monthly investors).
- As for things to invest in, I’m a general fan of low-cost equity-index-tracker ETFs (as is Warren Buffett). But there are other possibilities as well.
- This series of posts is there to see which would work out well.
- Then there are some indicators at the end. Because why not.
The reason that today’s post is so late: I’ve spent the morning in a governmental office where my phone had to be switched off. And there was a guard whose entire job description involved going up to people and shouting at them for trying to whatsapp from behind their folders. Which seems like an odd thing to be so concerned with.
But who am I to judge? I’m just delighted to be out in the fresh air, and (fingers crossed) done with governmental offices for the year.
Sadly, my high point was not best echoed by the market place. The Rand is blowing out, the stock market is shaky, and gold and platinum prices are doing a tango of a death rattle.
What to say, really… Buy resources, perhaps, because they’re all so dastardly cheap? Or just weather the storm, go on holiday, eat mince pies, and wish joy to the world.
I vote with mince pies.
The week past:
The exchange rate:
Government bond yields weakened:
The Stock Market:
In real terms, ghastly:
Commodity prices fell:
Even for the ZAR producers here in SA:
Some commodities fell worse than others:
Even if slightly less badly in ZAR terms:
Until next time!
Rolling Alpha posts opinions on finance, economics, and the corporate life in general. Follow me on Twitter @RollingAlpha, and on Facebook at www.facebook.com/rollingalpha.