How to make your investments work hard for you during uncertain times
John Perlman learns more about diversifying investment portfolios and Standard Bank’s Money Market Select accounts.
Choosing where to invest your hard-earned money can be somewhat daunting in the current economic climate. With macroeconomic sectors such as inflation rates constantly fluctuating, investors have had to find ways to navigate the markets carefully to ensure their money is in the right place and growing steadily.
In this week’s Investment Chat on 702 Drive with John Perlman, we learned about the importance of understanding macroeconomic dynamics and diversifying investments from Standard Bank’s Head of Investment & Savings, Thopi Mhloli.
Mhloli also highlighted the benefits of Standard Bank’s Money Market Select account, which offers premium growth of up to 8.70% nominal interest on a minimum deposit of R100 000, along with great flexibility.
Listen to the full conversation below.
“This account empowers individuals by giving them control over their funds and the flexibility to adapt to changing circumstances,” says Mhloli, explaining how the Money Market Select accounts provide stability and offers competitive returns while preserving capital.
“Whether you are saving for your short-term goals or building a future, it’s a valuable investment tool for navigating uncertain times,” she adds.
To make your money work hard for you instead of lazing around, open your MoneyMarket Select Investment account online or on the Standard Bank app.
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