One of the most important lessons parents can teach their children is the value of money – how to really understand the dynamics around investing and how to make money work for them.

Absa Group will retain its primary listing on the Johannesburg Stock Exchange and its issued share capital will not be affected by its secondary listing on A2X.

Since the advent of inflation targeting in the 1990s, advanced economies have coalesced around a common 2% goal. In the intervening decades, central banks have largely achieved low and stable inflation. But this has been turned on its head in recent years as inflation has soared to the highest seen for a generation.

Managing an investment portfolio is a constant balancing act, whether it be the allocation between cash and equities, local and global markets or even active and passive fund managers.

With an intensified load shedding schedule joining a long list of economic ailments, including rising interest rates, an already-high cost of living and lacklustre economic growth, many South Africans may find this general gloom could induce a ‘You Only Live Once’ (YOLO) attitude.

Predicting the future is not a skill possessed by investment professionals. We thus pay very little attention to market predictions.