Investing, a long term strategy to grow your wealth

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Idah Masekela is a 28 year-old mom, foodie and netball star who, almost a year ago, added ‘shareholder’ to her list of achievements.  At the time, Idah knew very little about the stock market but has since grown her wealth, knowledge and experience by following her gut, researching companies online and forming good financial habits. 

Since I have been exposed to the investment world, I have realized that I have to have a long-term point of view and that if I just keep at it and invest what I can when I can, it will pay off and afford me a decent retirement down the line. It’s about being patient and realizing that Rome wasn’t built in a day - meaning that when you start to invest you might not get any dividends or returns right away, but that you will eventually.

When people hear ‘investment’ they think they can only start if they have a big chunk of money or millions of Rands… But really, anyone anywhere can now put in the little that they have for themselves and their children, and become shareholders. I’m using the money I receive from any work incentivized bonuses to put towards my portfolio.

I think it’s important to allow yourself to take risks, but to also do your homework and research. There’s so much information available online - I love reading Mark Ingham’s notes but I also look out for tweets and other investor profile blogs on the EasyEquities Facebook and Twitter feed, it’s always interesting to see what other people in the community are investing in and why.

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Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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