Everything Counts | Ep 4: How do I save or invest my extra cash?

--:--
Everything Counts is a new bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help you improve your financial well-being.

July is National Savings Month! It is the perfect opportunity to assess your saving and investing strategies, set goals, and take steps toward building a secure financial foundation. Whether you are just starting your savings journey or looking to enhance your existing investments, saving and investing your money is always a good idea.
In this episode Motheo is joined by Thabiso Masiela, co-head of My Investments at Investec and René Grobler, Head of Investec Cash Investments, to discuss this important topic.

Skip ahead

00:00 Introduction
01:41 When did you start saving? Personal stories about money
03:29 What is the difference between saving and investing?
05:53 How do savings and investment strategies change as you progress through different life stages?
09:14 What percentage of a windfall should go to savings and investments?
11:26 Investing and saving strategies?
15:47 How do you structure a financial plan to balance saving and enjoying your money?
17:42 How do you stay disciplined in saving and investing for the long term?
20:21 Tactics to make sure you keep your money working for you
22:18 How do you weather financial uncertainties and avoid panic in saving and investing journey?
24:15 Top tips for successful saving and investing?

You might also be interested in:

Investec My Investments
Whether you're just starting or looking to enhance your wealth, Investec My Investments provides solutions tailored for you. Invest with as little as R1,000 per month and experience the benefit of Investec's global expertise. Chat to your Investec Financial Advisor today.
Investec Bank Limited is a licensed FSP. T& Cs apply.

SmartRate Plus 15-Day Notice Account | Investec
There's a difference between having a dream and working towards a goal. Waiting for luck or making investments in you. There is a difference. Expect more than ordinary when you save in an Investec SmartRate Plus 15-day notice deposit. Earn 9. 06 percent annually effective, 8.7 percent nominal. Save with Investec from R100 000. Go to investec.com/smart.
Investec is an authorised FSP. Terms and conditions apply.
9 Jul English South Africa Business · Investing

Other recent episodes

NOW Ep81: A responsible investing roadmap

Given the lack of global ESG standardisation and its politicisation, how should investors approach responsible investing and measure its impact? Investec Wealth & Investment International has launched a comprehensive guidebook on the topic. In the latest episode of the No Ordinary Wednesday podcast, Jeremy Maggs speaks to the authors, Boipelo…
3 Sep 29 min

Everything Counts | Episode 8: What to consider when buying property

In this episode of Everything Counts, we dive into the essential considerations when buying property in South Africa. Join Motheo Khoaripe as he hosts Keshni July, Lending Product Owner at Investec, and Tsholofelo Mokoma, Property Practitioner at Re/max Horizon. Together, they unpack the step-by-step process, from getting pre-approved to closing…
3 Sep 21 min

Macro Monday: Ep 42: Global growth slows

US growth has been strong, in contrast with the rest of the world. Chief Investment Strategist at Investec Wealth & Investment looks at reasons to expect a sizeable downward revision to US GDP at some point.
2 Sep 7 min

NOW Ep80: Changing politics, fixed income

The race for the White House is heating up with US political uncertainty sending ripples around the world. What does this mean for the bond market? Get the expert view in the latest episode of the No Ordinary Wednesday podcast with Annelise Peers, Chief Investment Officer at Investec Bank Switzerland,…
20 Aug 17 min