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This investor aims to be financially independent by 45

Written by Ronald Maako | May 7, 2024 9:37:00 AM

Moses Mahlangu is 29 years old and has been investing for the last 4 years. He’s got his goals in check: he wants to achieve financial independence by the time he gets to 45.

Moses is a Core Network Engineer from Bryanston, Johannesburg, and his first investment was buying Sasol shares. Sasol has been a hugely popular stock among the EasyEquities community, and often features as one of our monthly #EasyEquitiesTop5Buys.

He then expanded his portfolio to include Exchange Traded Funds. “I wanted to diversify my portfolio,” says Moses, who has now invested across local and international markets, and across different asset classes as well. The latest addition to his vast property portfolio is Mikro Park, an industrial property situated in Strijdom Park available on EasyProperties. This property follows on from Graphite Park, which received an overwhelming response from our community, now oversubscribed by over 20%.

Check out Mikro Park here.

Moses also owns the Betashares Crypto Innovators ETF in his AUD wallet which provides exposure to global companies in the crypto economy.

Alongside his investing goals, Moses has other plans for his wealth. He’s recently taken out an EasyProtect life insurance policy. “It must serve as security to my loved ones if I am no longer around,” says Moses. “The quick digital quote process was very convenient for me, and not having to do any medical checks was a big plus as well.”

What’s more, as Moses continues on his investing journey, he has the ability to decrease his premiums and have the savings he makes go into his EasyEquities account to invest, getting him to his financial end-game even quicker.

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Moses has some advice for newbie investors: “Start as quickly as possible, and I would recommend reading ‘The Little Book of Common Sense Investing’ as a guideline. That’s basically for someone who wants to invest but does not have the knowledge as to what to invest in and why.”

EasyProtect Life is a life insurance product underwritten and administered by Sanlam Life Insurance Limited, a licensed life insurer, and is offered exclusively on the EasyEquities platform for distribution by EasyEquities. EasyEquities is an authorised FSP, registered credit provider and licensed ODP.