Debtfree Magazine Issue 3 of 2022
Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,
Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,
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THE WAR IN YOUR WALLET
NERVOUS
INVESTORS
The war has also impacted on
international markets and investors.
War makes things less predictable
and investors often hold back on
investing or may shift money to
more conservative places as a result.
Interestingly, the war in Ukraine has hit the
Turkish Lira (currency) quite hard. Turkey is
right around the corner after all.
Investors who like to play the Rand off vs
the Lira are leaning in the Rands direction
at the moment and this has actually helped
strengthen the Rand vs the Dollar as well.
Which means that the petrol price increases
(worked out in US Dollars) have been softened
a little.
But as markets have had to shift it has also
affected the price and value of certain
companies and products. Once again your
wallet takes a knock.