Don't put all eggs in one basket

Q: I am a South African woman, 54, and have been living in Dubai for five years. I have a well paid job, and intend to work for the next five years. I am looking to make a sound investment over the next five to 10 years, with a return better than the current bank rates. All of my savings are in a property in Portugal, where I hope to retire. I can afford to invest $3,500 per month in new investments now. Can you please help? A: The first stage of investing in your retirement can be a daunting task, as you are putting money aside for a time when you won't be taking a salary. It is important that you get a return from your investments that match the lifestyle you want to lead once you finish work. While property in the UAE does offer a good chance of capital return, there's no such thing as a sure bet. Don't tie up all your... [read full story]