Following the global challenges from COVID-19 and how it has affected economies and investment planning, Scott Picken Chief Executive Officer and founder of Wealth Migrate and scenario planner Clem Sunter have joined forces again, to provide a much-needed update for South African investors on the state of property investments.
Sunter’s latest book co-authored by Mitch Ilbury on Thinking the Future – New Perspectives from the Shoulders of Giants, seeks to futureproof strategies to restructure SA’s economy and create local opportunities for growth.[1] While Picken’s perspective on this is still the same, and he wrote this in his 2014 book Property Going Global, “The challenge is: do you have the right information, are you choosing the right partners, making the right investments and, most importantly, asking the right questions?”[2]
In line with this ideology, they’ll team up in an exclusive upcoming interview on 17 August 2021 to expand on the following factors:[3]
- The scenarios for the global economy
- The scenarios for the South African economy
- What do we plan for and is there a future in property investments?
- How does this impact your investment strategy?
- What types of investments and asset classes are good decisions, and what should you be aware of when investing?
- Which countries offer profitable real estate investments?
Scenario planning for the South African property investor
Picken authored the book Property Going Global, and it detailed his expert advice on investing with confidence to create global wealth.[4] As a prolific author, Sunter has written a series of books based on his best-seller The Mind of a Fox co-authored by Chantal Ilbury, which focused on a technique for speculating on the impact of future scenarios by assigning “flags” for the probabilities.[5]
Based on Sunter’s methodology, Picken provided his outlook on investing in real estate with his four-dimensional model, which covered fundamental theories on the Global Investment Due Diligence System.[6] His framework considers the implications of worldwide economics as well as local factors from the South African viewpoint, that play into making investment decisions. His vision with his business Wealth Migrate, is to offer investors a convenient online method through crowdfunding to acquire residential and commercial property in South Africa and globally.[7]
When deciding to invest, knowledge and a solid understanding of the real estate industry is key, not only is thorough research required, but you also need to decide how much you can afford to invest. This can be daunting especially for new investors and even for current investors that are trying to hedge their bets on a wise investment, and we’ve made this research easier with an upcoming interview from Wealth Migrate
Investor insights
Sunter’s experience at Anglo American from the 1970s and onwards, set the tone for his career as a futurologist in scenario planning.[8] Clem Sunter, an acclaimed scenario planner and strategist, was responsible for the foreword of Picken’s book Property Going Global, and endorsed it according to his professional experience in the field.
In his foreword he highlighted that, “…we ask individuals or companies to gauge the impact of the scenario on them and, depending on the probability, decide what should be done to chase the opportunities and counter the threats.”[9]
To help you make informed decisions for the future, join Picken and Sunter on for a talk about global scenarios for the South African investor and the way forward. Click here to register for the webinar.
[1] Sunter, C. (July 2021). ‘Thinking about the future – Scenarios for South Africa with Clem Sunter’. Retrieved from Youtube.
[2] Picken, S. (2014). ‘Property Going Global: How to create global wealth and invest with confidence.’ Retrieved from Property Wheel.
[3] Picken, S. (July 2021). ‘What can you learn from one of the world’s best scenario planners – Clem Sunter?’. Retrieved from YouTube.
[4] Picken, S. (2014). ‘Property Going Global: How to create global wealth and invest with confidence.’ Retrieved from Property Wheel.
[5] Sunter, C., and Ilbury, C. (2001). The Mind of a Fox’. Retrieved from Entertainment-online.co.za.
[6] Ryan, C. (March 2021). ‘Talking alternative investments and offshore property’. Retrieved from Moneyweb.
[7] Ryan, C. (March 2021). ‘Talking alternative investments and offshore property’. Retrieved from Moneyweb.
[8] (2021). ‘Clem Sunter – Scenario planner – futurologist and keynote speaker – Cape town and Johannesburg’. Retrieved from Entertainment-online.co.za.
[9] Picken, S. (2014). ‘Property Going Global: How to create global wealth and invest with confidence.’ Retrieved from Property Wheel.
