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Why offshore investments continue to be an attractive option
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In the current investment environment offshore investments are an enticing option, says Stephen Katzenellenbogen, private wealth manager at NFB Private Wealth Management.
Although investors could easily be forgiven for being emotionally charged given the prevailing economy, investing offshore should always be driven by a sound investment rationale, principles, and strategies – but never by emotion which tends be irrational and ill-thought through.
South Africa’s post Covid economic recovery has been off a low base. The muted recovery has been driven by an unsustainable growth in government borrowings and a widening fiscal deficit.