After adjusting for inflation, the S&P 500 has returned -10% per annum for the last 90 years. Using the rule of 72 (72/annualised return = number of years to double your money), investors in the S&P 500 have doubled their money every 7.2 years.
It has roughly doubled your money every 7 years1 for almost a century. Studies, many of them, show that the average investor does not beat the market by picking individual stocks.
Set yourself short, medium, and long-term financial goals, then craft a strategy to help you reach them – enlist the help of a financial adviser if need be.
You know this already – the longer you stay invested, the greater your wealth thanks to the mathematical magic of compounding.
Don’t wait until the end of the month to invest anything left over – set up a monthly debit order for as much as you can afford to invest.
If R10 a month is all you have, that’s fine, there’s no scoreboard here. Small consistent investments tend to snowball into large figures.
We offer a broad range of ETFs and unit trusts that give you access to local and global indices. Find out more.
SatrixNOW allows you to access investing online and you can invest any amount you choose because we have no minimums. Set up a debit order or deposit a lump sum