volatility is an inevitable part of investing , which also applies to the portfolio where members ’ Profit-Share assets are invested . Past performance is never indicative of future performance .
That is why , from age 55 – five years before they gain access to their Profit-Share Account balance – we offer members the chance to choose between different investment portfolios where they can invest their share of the Profit-Share Account . In South Africa , there are seven portfolios available to choose from and in Namibia , there are five . By reviewing their options and making a choice , members can ensure that how their Profit-Share assets are invested , is aligned to their risk appetite , investment time horizon and financial goals .
Click here for more information on portfolio choices .
* Disclaimer : Kindly note that this does not constitute financial advice . The information provided is purely informational .
In essence , PPS invites members behind the coffee shop counter to become actively involved in how this valuable addition to their retirement “ nest-egg ” is managed .
And even when members gain access to this asset at age 60 , they can continue to manage this investment via PPS Investments . They also continue to review their investment strategy and choose a portfolio that suits them .
Members should speak to their financial adviser about comparing the investment solutions from other providers and PPS Investments while taking into account the Profit-Share that they will continue earning through linking , investing in PPS funds and retirement solutions , as well as accounting for reduced administration fees through our Family Network benefit .
To return to Pulsifer ’ s quote . It is clear that even in the coffee scenario , her statement makes sense . Having made the choice to rather have a cup of coffee instead of investing the money , could determine one ’ s future – spending the money now , instead of saving it for retirement .
It also makes sense that if a member does not make an appropriate portfolio choice for where their share of the Profit-Share Account is invested , it could also determine their future . In this case – choosing an appropriate investment could mean the difference of one day , as part of your retirement , having a cup of instant brew at your kitchen table , or maybe being able to afford a cup of coffee at a coffee shop in Paris , France , overlooking the Eiffel Tower . The choice is yours .
Hugo Malherbe
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