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Net foreign purchases of equities (annual)- R52bn in 2009. Rbn. 1. Cash returns vs Inflation: 1999 – 2008
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Net foreign purchases of equities (annual)- R52bn in 2009 Rbn 1
Cash returns vs Inflation: 1999 – 2008 The rule of 72 states (approximation) that at an inflation rate of 8.6%, the purchasing power of your cash would halve every 8.4 years rounded off - so the purchasing power of R200 000 would essentially be worth R100 000 after 8.4 years.