SA households lose billions on drop in real investment and property values
An index shows global and local events ‘had a profound negative impact’ on the real value of your pension fund and investments
11 February 2020 - 11:52
Despite boosting their retirement savings, South Africans became poorer in the third quarter of 2019 as the real value of their investments and residential properties dropped.
The reason for your decrease in wealth is that the after-inflation value of your household assets exceeded the decline in the after-inflation value of your debts...
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