Good morning from Cape Town, where the weather continues to do an excellent job of reminding me why living in the UK isn't ever going to be an option for me, even though I loved my recent trip there - in their summer.
I'm more of a sunshine-and-volatility kinda guy. Southern Hemisphere emerging markets are my vibe.
You see, the beauty of emerging markets is that they are filled with opportunities, like HomeChoice and what we are seeing in the buy-now, pay-later (BNPL) space. The latest earnings really are excellent. Santam also has great news about its earnings for investors. And to round out Ghost Bites today, you'll find the Bell Equipment circular and quarterly numbers from Eastern Platinum, along with tons of Little Bites. You can read Ghost Bites here>>>
I think it's always a good idea to remember that your money doesn't need great weather. There are many offshore opportunities that can do wonders for your portfolio without you having to suffer through the months of rain or having to shovel snow off your driveway in the morning, an experience that I'm sure is only fun the first time. Like in local markets, the trick is to prepare yourself for when opportunities arise in those markets, which means building out a watchlist and being ready to pounce. This is exactly what we discussed in Episode 187 of Magic Markets, available here>>>
With a new episode of The Trader's Corner due for release tomorrow, make sure you've checked out the IG Markets South Africa Academy and the great piece on trading plans and risk management. There's also a quiz at the end, so you can test your understanding after reading it. You can try it out here and learn about this element of the markets.
Have a great Wednesday!
