Where did 2022 go?

It appears the year simply raced by! Christmas is upon us and a New Year is dawning. Looking back, 2021 was generally a good year for investors. So how has this year been so far?

In our newsletter last month, we suggested that there are reasons to be optimistic. In fact, we indicated that investing in shares was the bargain of the decade! There are glimmers of hope in the markets.

In November the Johannesburg Stock Exchange All Share Index increased by 10.8% and the MSCI All Country World Index increased by 9.7% in US Dollars [5.7% in South African Rand]. Let’s hope it is the start of a good recovery in the year ahead.

Over the past few months, we have had regular meetings with leading fund managers. The consensus sentiment is that they are generally optimistic. They have been buying shares at cheaper levels and setting upon their portfolios for superior returns in the years ahead.

As the end of the year draws nigh, we would like to thank all our clients and friends for your trust and support throughout this challenging year!  

Save the date

Christmas Shutdown – What is Christmas? It is tenderness for the past, courage for the present, hope for the future. It is a fervent wish that every cup may overflow with blessings rich and eternal, and that every path may lead to peace. – Agnes M. Pharo

Our offices will be closed for the festive season from noon on Thursday 15th December 2022 and will re-open on Monday 9th January 2023. We wish all our clients and friends a blessed Christmas and a joyful prosperous New Year!

Should you require assistance during the Christmas period you can contact Greg at 061 017 3468.

At Christmas let us all pray that the New Year will bring in, an abundance of joy and peace. Let the spirit of love and charity fill our hearts. Merry Christmas to all of you!

“Once in our world, a stable had something in it that was bigger than our whole world.” – C.S. Lewis

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