Savings Expert

question

Posted by: | 2016/07/30 15:43

What is the best option between these following?

I have saved R200k and I will like to which one is the best option between the three. Put it into my bond, Pay off my car instalment, or invest it for monthly intrest of 12%pa return.

expert answer

Posted by: Gerald Mwandiambira | 2016/08/31 17:46
I think your solution lies in your financial goals and financial plan. Off hand it is always a good idea to retire debts but equally important is saving in case of loss of income through assurance or investment products. You need a financial planner to answer your questions with certainty.

I can assist on www.askgerald.co.za

All three options can work depending on your ultimate financial goals.

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