3.7 Lessons learnt

What you have learnt

  • The most important reasons to invest are yield and capital growth.  However, there are many more reasons for people to buy or own stocks, for instance, to speculate or because people have an affinity with certain companies. 
  • Stocks have proven to be the perfect hedge against historical and current inflation, as it is one of the few asset classes that still generates yields higher than the current inflation.