Investing as a group via either a stokvel or investment club has several benefits as you’re able to pool money and expertise while learning and having fun along the way. Your objectives may be traditional cash savings, a Christmas or grocery stokvel, or even just a long-term JSE investment portfolio.
In this JSE Power Hour Lesegisha Mthiyane, Executive Chairman at Finance Hut, covers all the details. Lesegisha runs his own investment club and has experience in auditing public entities amongst his many skills.
The presentation covers;
- The legal and financial structure of the entity
- Drawing up a constitution
- Accepting new members and allowing existing members to exit
- The decision making process
- Tax obligations and more
How do you make sense of the financial markets? How do you interpret the latest financial news? Where do you learn how financial instruments work? How can you learn to invest?
The JSE Power Hour started in 2011 with top industry experts presenting to private investors on financial issues closest to their heart. Power Hours were live presentations in Johannesburg, Durban or Cape Town and broadcast online. However, due to Covid-19 the Power Hours now take place virtually.