We do not see much excitement coming from our local financial markets over the next year or two. Under these circumstances, diversifying offshore, more specifically to the US would appear worth a consideration. European markets also offer great opportunities if you are brave and if you can be patient.

For the next year or two, interest rates and inflation in the developed world are likely to remain at current levels.  Bourses and economies will be sluggish, particularly in the Eurozone, while there is a fair chance of US rates to start rising over the course of the next year. As US consumer sentiment improves, taxes are likely to be raised dampening any emerging renewed interest in investment markets and equities.