'06 prediction
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Having read several magazines, newspapers and online sites, I have gathered that the general investment community of South Africa believe that there will be a stable yet satisfying 15-20% return in 2006 on the JSE.
Well I would like to place a spread bet and go up on 20%. If there are any bookies out there interested you can e-mail me and I'll place my bet. This offer stands for the next 30 days...
But seriously, I have a great belief in the South African economy and the market. I'm gonna take a flyer and say that the JSE will increase by between 25-30% this year. We are in the middle of a bull market that I believe will continue for a few years to come. There are no signs to any slow down and earnings updates are looking good going forward.
So what return do you think we'll see in 2006? Anyone cynical enough to say it'll be negative?
Today's related articles: local equities the place to be, and SA confidence on a high.
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