Welcome to the new and improved WORLD of Bassetto Investments. Bassetto Investments is an online investment corporation.
We provide a full portfolio of investments and finance related products and services. Having partnered with the world’s leading companies in each industry, Bassetto can offer a 360 Degree HOLISTIC finance solutions.
We currently have a fine selection of:
- Insurance Partners
- Forex Partners
- Home Loan Partners
- Credit Bureau Partners
- Investment Partners
- The SA Consumer Protection Act
Our HOLISTIC service offering includes products such as:
- ALTRisk’s life income policy
- GCEN currency exchange and forex transfer services
- Wizard home loans mortgages
- Kudough credit checks and more…
The global economic downturn has negatively affected stock markets worldwide, most notably the Wall Street stock exchange, which has reached a 12 year low. According to a report on Engineering News Online, “Wall Street shares tumbled after investors lost faith that the US government will be able to stabilise the financial system”.
This does not mean that you should give up investing altogether. Despite plummeting share prices, it is still possible to invest in shares. All you need to do is better educate yourself on the risks involved, and how and where to invest.
The assumption that only the wealthy can invest needs to be debunked, as in fact, you may unwittingly already have invested in shares, for example unit trusts, life assurance policies and retirement annuities.
Shares are issued by companies in order to raise capital, and these companies can be listed on Securities Exchange. Companies that are listed are compelled to meet certain requirements, and have their accounts audited and financial history examined. Therefore, investing in a listed company guarantees a greater degree of protection, as transparency is essential for JSE listed companies.
The more profit a listed company makes, the higher the value of the shares – which leads to an increase in the share price. Additional profit can also be made by selling your shares when they are worth more than when you bought them. However, as the current global economic downturn demonstrates, share value plummets when companies cease to make a profit.
Despite the global economic gloom, the truth is is risky either way, and there is never any guarantee that you will make money by investing. However, if you are patient, investing can provide you with adequate return in the long term. It is also important to only invest money if you can genuinely afford to do so.
So, what are you waiting for? Let Bassetto Investments take you where no investment company has taken you before.