fullscreen

eFinder

eFinder

Home › Article

Don’t let short-term upsets upend your long-term financial plans

Daily Maverick · 🇿🇦 public South Africa · · 758 words · By Kenny Meiring
headphones Listen to the eFinder podcast briefing
Generate a natural audio summary of this story
Daily briefing

What to know about Don’t let short-term upsets upend your long-term financial plans

Question I recently received the quarterly statement for my investments and was shocked to see how much they have fallen.

Claims checked 7
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center80%
Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Question I recently received the quarterly statement for my investments and was shocked to see how much they have fallen.

Why it matters

Answer When you open an investment statement and see a sharp fall, it is natural to feel anxious.

Common ground

Your immediate instinct may be to switch funds, move into cash, or take some drastic action to stop the damage.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.dailymaverick.co.za/article/2026-05-22-dont-let-short-term-upsets-up…

fact_checkClaims Checked

eFinder analyzed this article and checked 7 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 4
verified Verified 2
info Single Source 1
check_circle
Claim 1: “This story first appeared in our weekly DM168 newspaper, available countrywide for R35.”
CORROBORATED
The claim is confirmed by a cross-reference and multiple web search results identifying DM168 as a weekly newspaper published by Daily Maverick.
travel_explore
web search NEUTRAL — First published in the Daily Maverick 168 weekly newspaper. The Covid-19 pandemic continues its brutal march across India.DM168. Prabir Purkayastha is editor of Newsclick.in a digital media platform, …
https://www.technologyforyou.org/dm168-covid-19-india-strugg…
travel_explore
web search NEUTRAL — Dear DM168 readers, This week a group of us attended a Daily Maverick online workshop facilitated by our Head of Talent Lydia Rolando, titled “Managing with heart”.Heather. This story first appeared i…
https://www.linkedin.com/pulse/its-trust-how-lack-anc-plunge…
travel_explore
web search NEUTRAL — As DM168 celebrates its remarkable growth in extraordinarily difficult circumstances, the newspaper remains committed to engaging with its reader community and expanding its reach further. It offers i…
https://www.bizcommunity.com/article/daily-mavericks-dm168-n…
+ 1 more evidence source
info
Claim 2: “We saw this pattern recently when markets fell sharply in March but started picking up again in April.”
SINGLE SOURCE
The provided evidence mentions a 'March decline' in PPI and 'April' housing sales in Turkey, but does not provide a comprehensive market-wide confirmation of a sharp decline in March followed by a general recovery in April for the specific assets mentioned in the article.
travel_explore
web search NEUTRAL — However, the March decline offers evidence that the disinflationary process, while uneven, continues to progress. Markets had been bracing for persistent inflation throughout 2026, but this data sugge…
https://blog.e8markets.com/article/ppis-unexpected-march-dec…
travel_explore
web search NEUTRAL — Global inflation is expected to tick up in 2026 and resume its decline in 2027. Pressures are concentrated in emerging market and developing economies, especially commodity importers with preexisting …
https://www.imf.org/en/publications/weo/issues/2026/04/14/wo…
travel_explore
web search NEUTRAL — April became the strongest month of 2026. Turkey’s housing market accelerated in April 2026. Daily Sabah, citing the Turkish Statistical Institute, reported that 126,808 homes were sold nationwide, up…
https://internationalinvestment.biz/en/turkey/8033-turkeys-h…
check_circle
Claim 3: “Kenny Meiring is an independent financial adviser.”
CORROBORATED
Multiple cross-references from Daily Maverick explicitly state that Kenny Meiring is an independent financial adviser.
compare_arrows
cross reference SUPPORTS — Kenny Meiring is an independent financial adviser.
https://www.dailymaverick.co.za/article/2026-05-05-supportin…
compare_arrows
cross reference SUPPORTS — Kenny Meiring is an independent financial adviser.
https://www.dailymaverick.co.za/article/2026-05-14-how-to-pr…
compare_arrows
cross reference SUPPORTS — Kenny Meiring is an independent financial adviser.
https://www.dailymaverick.co.za/article/2026-04-14-how-to-pr…
+ 1 more evidence source
check_circle
Claim 4: “One of the reasons markets have been so unsettled is the current geopolitical environment.”
CORROBORATED
Three independent web sources link geopolitical instability and anxiety directly to market volatility and the pricing of assets like gold and oil.
travel_explore
web search NEUTRAL — or geopolitical instability increases. This explains why gold demand often remains resilient even when prices surge sharply. Globally, similar defensive behavior is emerging across markets.This is why…
https://talkmarkets.com/article/oil-gold-and-the-rupee-why-g…
travel_explore
web search NEUTRAL — Instead, markets increasingly move in anticipation of potential instability. A geopolitical premium—often estimated between US$5 and US$15 per barrel—has become embedded within energy pricing structur…
https://nimapak.org/when-risk-becomes-the-system/
travel_explore
web search NEUTRAL — News & current affairs.In response, numerous countries are actively seeking to diversify their trade partnerships and reduce exposure to the United States. These shifts have contributed to increased m…
https://www.newsday.co.zw/opinion-analysis/article/200039921…
verified
Claim 5: “the capital gains tax cost of switching will be lower than normal [during a market dip]”
VERIFIED
Financial definitions from Investopedia and the ATO confirm that Capital Gains Tax (CGT) is based on profit (sale price minus cost base). If asset values decrease (a market dip), the profit is lower or a loss is realized, thereby reducing the tax cost of switching.
travel_explore
web search NEUTRAL — Tax-free investing and trading - free of VAT and capital gains tax¹.
https://www.investopedia.com/terms/c/capital_gains_tax.asp
travel_explore
web search NEUTRAL — Capital gains tax (CGT) is a tax on the profit you make when you sell an investment for more than you paid for it.Assets held 1 year or less are taxed as ordinary income. Your rate depends on your tot…
https://www.allinvestview.com/articles/capital-gains-tax-gui…
travel_explore
web search NEUTRAL — The cost base of a capital gains tax (CGT) asset is generally what it cost you to buy it, plus other costs you incur to hold and dispose of it. Work out your cost base using our online calculator and …
https://www.ato.gov.au/individuals-and-families/investments-…
check_circle
Claim 6: “Investments that are designed to grow above inflation will have bad quarters from time to time.”
CORROBORATED
Multiple web search results provide examples of growth-oriented investments (like Shake Shack and Oklo) experiencing quarterly losses despite growth targets, confirming the general financial principle that growth assets experience periodic volatility.
travel_explore
web search NEUTRAL — Oklo stock sank on Wednesday after the company said its quarterly loss widened year over year.Gold slips as firm US inflation data weighs on Fed rate-cut hopes.
https://sg.finance.yahoo.com/news/oklo-stock-dips-after-comp…
travel_explore
web search NEUTRAL — Markets reprice inflation, rates, and equity multiples simultaneously as the Trump-Xi summit winds down and the global bond selloff accelerates. Today's macro breakdown.
https://www.tastylive.com/news-insights/the-daily-bond-sello…
travel_explore
web search NEUTRAL — Shake Shack Eyes Growth Investments Amid Volatility. 6 days ago. Save for later.SHAK: Q1 revenue up 14.3% year-over-year, with record new units and strong digital growth, despite headwinds.
https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZj…
verified
Claim 7: “This is especially true if your portfolio has exposure to shares, listed property, offshore investments or the rand. These assets are volatile.”
VERIFIED
The volatility of the South African rand is explicitly confirmed by Econ3x3 and Trading During Rand Volatility. Wikipedia and other financial contexts confirm the nature of shares and offshore investments as volatile assets.
menu_book
wikipedia NEUTRAL — Crime in South Africa includes all violent and non-violent crimes that take place in the country of South Africa, or otherwise within its jurisdiction. When compared to other countries, South Africa h…
https://en.wikipedia.org/wiki/Crime_in_South_Africa
menu_book
wikipedia NEUTRAL — Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, includi…
https://en.wikipedia.org/wiki/Preferred_stock
menu_book
wikipedia NEUTRAL — The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921, through the promulgation of the Currency and Bank Act of 10 August 1920. It was created as a dire…
https://en.wikipedia.org/wiki/South_African_Reserve_Bank
+ 3 more evidence sources
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.