Old timers in the investment world will always tell you that a balanced portfolio will include some debt instruments. Not debt in that your portfolio has a loan against it, rather that you buy other institutions debt. Traditionally this would be bonds but they’re out of reach of most investors – however there are a number of other debt instruments one can invest in.
This video covers the pros and cons as well as detailing the various alternatives available on the JSE and on other platforms.
Preference shares
Government Retail Bonds
Retail notes
Bond ETF’s