Heystek: What needs to happen for me to change my mind about investing in SA

Magnus Heystek, a fiercely independent financial advisor and founder of Brenthurst Wealth, wrote a piece for BizNews this week where he argues why South Africa has reached the “suddenly” stage of a financial crisis. In this interview Heystek went into greater detail on his article, discussing various alarming trends, including the collapse of the residential property market, the depreciation of the currency, poor stock market performance, and declining consumer confidence. So what would it take for SA’s arch bear to switch sides? Quite a bit, as you might imagine - but it’s not impossible. Learn more about your ad choices. Visit megaphone.fm/adchoices