An Investment Account that Every Parent should have

The beginning of the year is a time of the year when many parents worry about school and university fees. It was heart – warming to receive messages and emails from some of the parents that we have opened invest accounts for school and university fees for their children and below is the shortened version of one of the emails. 

Hi Phumelele
I attended one of your seminars in 2008 and you advised that I open a Fundisa investment account for my son who was only 8 years old at the time. I started with just R200 and I was increasing the monthly contribution every year as you advised. He finished his matric last year and I have just registered him at university for his first year. My investment grew to over  R75  000 since I opened the account. Thank you again for your advice. 

I asked for the investment statement so I could see for myself and the key information from the statement is as follows;

  • She opened the investment in May 2009
  • The contributions total R50 207 and
  • The investment growth is R25 110
  • Total investment R75 317

To learn more about Fundisa, read Chapter 13 of the book From Debt to Riches: Steps to Financial Success, the title is Will you be able to send your kids to university? Unfortunately, with the success of #FeesMustFall, Fundisa is no longer open to new investors but there are perhaps even better ways to invest for your children today

If you want to have a January with less financial stress, I encourage you to contact us to invest money for school and university fees for your children. WE will invest your funds as follows;You can invest for your kids as soon as they have a birth certificate, the earlier you start, the betterThe minimum monthly contribution is R500You must complete our Risk Assessment Profile form so that we understand your risk appetite and select the most appropriate fund for youWe invest in Tax-Free investments so that you do not pay any tax on your investment returnsWe can also invest your money offshore, depending on your risk profile and investment termSome of the funds we invest in areOFFSHORE FUNDSThe 4th Industrial Revolution global equity fund which is an offshore fundThe FAANG, acronym for Facebook, Apple, Amazon, Netflix and Google which is also an offshore fundLOCAL FUNDSTop 40 shares in the JSE by market sizeThe listed property equity fund, etc…When it comes to investments, there is no one-size fits all fund / approach. We must build your own investment portfolio based on your unique needs and circumstances. If you have cash available, this is the excellent time to put the money away in tax-free investments before the end of the tax year.

If you want us to help you, email
Tune into Radio Pulpit 657AM every Wednesday at 13h30 and phone in to give us your views

Studio line: 012 334 1322
SMS line: 37871
Telegram: 082 657 2729

Share this knowledge with your loved ones