Diversify your portfolio with international structured products
If you live in a country with a weak currency, then you would probably see the sense in taking money offshore to store and invest in a major currency. The overriding benefit of this move is that your international buying power won’t be eroded because your currency is devaluing against the likes of the US dollar, pound sterling or euro.
Plan for the future by preserving your capital
Planning your financial future can feel overwhelming, especially in a world filled with tremendous uncertainty. All too often, we find ourselves making hasty financial decisions when the news cycle drives fear, or markets begin to look too choppy. This can be a costly mistake in the long run .
When markets feel unpredictable, many people feel tempted to move their money into investments that seem safer. This is a natural reaction, but it's important to remember the timeless advice: time in the market is more valuable than timing the market.
This principle reminds us that staying the course and focusing on long-term goals is often more effective than trying to guess when the market will rise or fall. History has shown that this steady approach often outperforms the short-term strategy of jumping in and out of investments.
Instead of reacting to market noise, it’s crucial to consider a balanced approach that offers both protection and growth potential. By carefully choosing your investments, you can safeguard your wealth while still working towards your financial goals.
Why prioritise capital preservation?
Capital preservation can be an important consideration for those aiming to protect their wealth, whether planning for retirement or leaving a legacy. Prioritising safety and stability is a key element in many financial strategies.
Offshore bank accounts can shield your finances to some degree because they give you access to diverse financial options that are useful for managing risks and navigating economic challenges.
One of the significant advantages of an offshore bank account is the access it provides to a range of international banking, saving, borrowing and investment opportunities. These options allow you to strengthen your financial footing and take advantage of growth potential in markets that may be more stable than your home country.
The best of both worlds
For instance, structured products offer a way to balance risk and reward. These financial instruments typically offer a fixed term of up to five years and are designed to provide market-linked returns.
Standard Bank Offshore’s structured products include deposits of low to moderate risk that pay back your initial deposit after the term has expired, plus whatever gains have been made in this time.
These products are tailored to suit current and expected market conditions, giving you the best chance to maximise your returns.
It’s always a good idea to consult with a financial advisor who can help you navigate these options and choose the right path for your needs. Advisors provide valuable insights and can tailor investment strategies to your specific situation, ensuring that your financial goals remain on track.
The value of diversification
No matter what types of investments you choose, diversification is one of the most effective strategies for protecting wealth. Diversifying across different asset classes and regions can help mitigate the effects of market fluctuations.
Offshore banking provides access to global financial markets, enabling you to explore a variety of currencies and economies. This global reach opens up potential opportunities in multiple regions, which can be an attractive aspect of an international portfolio.
It’s important to remember that achieving your financial goals doesn’t happen overnight. A financial strategy often benefits from regular adjustments as your personal circumstances evolve over time, ensuring it continues to align with your goals and needs.
While preserving your capital for the long term is crucial, it’s equally important to adapt your strategy to reflect today’s realities and tomorrow’s goals.
The decisions you make today will shape your future, so it’s essential to seek the best advice available. Working with trusted financial advisors and reputable institutions will help you navigate the complexities of wealth management and ensure that the future you hope for becomes a reality.
Taking the next step
Standard Bank Offshore offers a variety of savings and investment options tailored to meet your needs. Whether you're saving for short-term plans or long-term dreams, we have the solutions to help you achieve your goals. Explore our range of capital-protected investment products and take the first step in safeguarding your financial future.
The information provided in this article is for general information and educational purposes only and should not be construed as financial advice. This article does not take into account your individual circumstances, financial situation, or objectives. Before making any financial decision or investment, it is recommended that you consult with a qualified financial advisor or conduct your own research. Standard Bank is not liable for any losses or damages incurred as a result of any financial actions taken based on the information provided