At every point of your life, you invest because you want a better future both for yourself and for those you care about. You invest in your health, education and in building your skills. You also invest in providing the best for your family. If you choose the right vehicle, it can be relatively painless, and the rewards are plentiful. At ZimSelector.com, we aim to make the decisions easy for you. We simplify the product information, so it is easy to understand and compare, and we make the investment process quick, easy and accessible online.
Three steps to effective investment
- 1. Know your goals
What are you saving for? Retirement? University for the kids? A new speaker system complete with woofers and tweeters? A retirement villa in the Victoria Falls or overlooking Lake Kariba. Knowing this will help you pick the right short, medium or long term investment.
- 2. Research the market
At zimselector.com, we offer you investment choices from strong capable brands in Zimbabwe. The investment products include unit trusts, money market products, savings, equity portfolio investments and mortgages. These products are available from trusted banks, fund managers and insurance companies online at www.zimselector.com.
It is never too late to invest in the future. No amount is too small. The most important step is to log onto www.zimselector.comand let the site guide you as you search for an investment opportunity that is right for you.
- 3. Choose the most appropriate product
Banking Accounts – Bank accounts are perfect for financing short term expenses. If you need a new bank account and live abroad, or live at home and would rather not join the queues, you can now complete your application online on www.zimselector.com. Of course, you will still need to present your ID documents in person if you live locally but if you live abroad, you can post them. It’s so simple!
Savings – Ideal for building up funds over the medium term. Even when you think you are absolutely skinned, it’s worth putting away just a little every month for that rainy day. Savings accounts attract significantly more interest than current accounts, so do make sure you have one set up. Whether you are living at home or abroad, you may not realise that Zimbabwe investment products offer significantly better interest rates, currently many in excess of 7% returns, annually. It is so easy to compare the various products onwww.zimselector.comand so it’s important that you make the right choice so that you get the best rate of interest for your money.
Investments: Unit Trust, Money Market, and Equity: These are designed as medium to long term investments. Fund values can go down as well as up, so these funds are designed to deliver returns over many years!
Mortgages: Ultimately, property is seen as one of the safest investments and it’s everyone’s dream to own a home. If you are thinking of jumping onto the housing ladder for the first time or the second, we can help you find the right mortgage from one of our reputable lending institutions. Living abroad is not a problem, we will ensure that you are provided with all the relevant and paperwork to support your online application.
Common investment mistakes
Before you get started, we want to help you avoid the many investment pitfalls.
- Doing nothing. There is one guarantee, if you do nothing, you will not meet your saving goals
- Starting late. Postponing your investing career is second only to not investing at all on the list of investment sins. You already know that the earlier you start, the more you will save.
- Investing in the wrong thing. Invest money in the stock market that you won’t need for at least three years, and preferably five years or longer. If you know you need early access to your funds, opt for a more accessible savings account.
- Don’t put all your eggs in one basket. Don’t tie all your money up in property or long term investments as you do also need some rainy day money!
Don’t delay, log onto www.zimselector.com and chose the investment that suits you.