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 Aug 28 2020, 12:37 PM
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#21
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Junior Member
65 posts Joined: May 2020 
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anyone planning to withdraw from high risk port before US elections?
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Jan 22 2021, 03:18 PM
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#22
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Junior Member
65 posts Joined: May 2020
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QUOTE(magicnox @ Jan 22 2021, 03:08 PM) Hi everyone, I'm pretty new to SA but I've been following this thread for awhile. i wont comment much on the SA risk levels as it's quite straightforward - higher risk higher return, higher lossesI'm 25 years old, after 1 year+ of working, I'm able to save up to 5 figures till date (I'm able to save up to 50/60% of my salary monthly). I'm considering keeping them in SA simple (I read that it's better than keeping it in FD (?) compared to just keeping in my bank account) & also start investing in SA. I do not have an FD account yet, hence I'm torn with either keeping my savings in SA simple or a high-yield savings account (still surveying that atm) The recommended risk by the system for SA is not more than 18% for my first portfolio. I put it at 10% for now and have not made my first deposit yet. If anyone has tips/suggestions on how I should go about it, feel free to share. Thank you   however for SA simple vs FD, net returns wise i dont see much of a difference. they are both low. the advantage of SA simple however is that your money is a little more 'liquid' than FD. i.e it takes about a week to withdraw from simple with no lock in period. and dividents are issued once a month. |
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