NEWS | Long-term investing - How to invest towards your long-term goals in a tax-efficient manner

Long-term investing - How to invest towards your long-term goals in a tax-efficient manner


People invest for the long term for different reasons. With the benefit of time on your side, you get to invest in funds that are managed to deliver maximum capital growth. And you might as well, do so in a product that enables you to invest tax-efficiently.

The impact of compounding maximum capital growth tax-efficiently is significant. This edition illustrates how pairing the most appropriate growth-oriented multi-asset class fund with a suitable tax-efficient product can help you to achieve just that.

WHY DO YOU INVEST FOR THE LONG TERM?
The most likely (and significant) reason why people invest for the long term is to build up capital for their retirement in what could be multiple decades from now.

Read full article: https://www.coronation.com/en-za/personal/latest-insights/personal-finance/corolab-long-term-investing-december-2023/

 

January 22 2024 By Coronation


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