Financial guru shares investment tips

Video

GRAAFF-REINET NEWS AND VIDEO - Investment should start from a very young age and for it to show substantial growth, investors should be starting sooner rather than later, with investments left to grow for about 30-years to realise excellent returns.

This was the message that came across in a recent presentation in Graaff-Reinet by one of SA’s leading investors, Kokkie Kooyman.

Kooyman was invited by Linda Knott-Craig, an investment specialist and local financial advisor for Sanlam.

A number of local businessmen and farmers from Graaff-Reinet and Aberdeen interested in investment opportunities, and more information relating to investments attended the presentation which was held at the Profcon Resort this past Friday.

Watch a video below.

One of the basic questions that Kooyman addressed was how to make decisions that generate higher returns. On this, he spoke about compound interest and the benefits thereof.

“Compounding is the ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings. In other words, compounding refers to generating earnings from previous earnings.”

He also warned that making investments based on emotions can be fruitless; and encouraged that a greater understanding of the investment can be helpful in making a decision.

“Luck also plays a big role. You have to focus on improving the probability of being right and stick to that.”

This means that understanding the probabilities and payoffs associated with positive or negative outcomes should affect the decisions of potential investors.

Knott-Craig said she had received positive feedback from some locals. “We will be planning another seminar which will cover a broader spectrum on investment. We have seen that there is a need for investment information in Graaff-Reinet.”

We are all about investment. Keaton Britten, Lindie Rudman, Kokkie Kooyman, Linda Knott-Craig and Tony Knott-Craig. Photo: Jason Milford.