The cost of waiting to save - TopFunds
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        The cost of waiting to save

  Allan Gray Unit Trust Management   Q2 of 2024 | 2 months ago

Each month that you put off saving in favour of spending either increases the amount that you will have to save in the remaining months, or pushes out the date at which you will reach your goal. Starting to save earlier allows you to extract maximum benefit from the power of compounding. Choosing to invest when you start to put money aside often leads to concerns about the ‘right time’ to invest; the right time is now. You can’t get time back once you’ve spent it.


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Did You Know ?
As of 2023, the ownership of M&G Investments (prev. Prudential) is as follows:M&G Pls=50.12%; Staff=28.08%; Thesele Group=21.8% .
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©2012-2024 NGCSOFT

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        The cost of waiting to save

  Allan Gray Unit Trust Management   Q2 of 2024 | 2 months ago

Each month that you put off saving in favour of spending either increases the amount that you will have to save in the remaining months, or pushes out the date at which you will reach your goal. Starting to save earlier allows you to extract maximum benefit from the power of compounding. Choosing to invest when you start to put money aside often leads to concerns about the ‘right time’ to invest; the right time is now. You can’t get time back once you’ve spent it.


More Unit Trusts News
5-Year Manco Review: Coronation

5-Year Manco Review: Allan Gray

5 year Manco Review Series Intro

Resurfacing of Retention Funds

Anchor Credo Update

Apex Group Acquires BCI and BIP

More Manco Views
The unintended consequences of regulations in asset management

Taking stock

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Balanced fund investing: Finding return opportunities in a new normal world

Could the tide be turning?

Foord Sygnia Allan Gray Oasis Coronation
©2012-2024 NGCSOFT