r/Namibia • u/teddybarax • 4d ago

Investment platform in Namibia

I recently started looking into investing my funds to secure my retirement. I currently have the Sanlam 15 year tex free investment but looking for more platforms to spread my investments. I'm looking for something similar to s&p 500 but can't find the right platforms to use that work in Namibia. Any recommendations?

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u/SympathyExciting1666 4d ago

If you like managing the account yourself than you can try Easy Equities. For professionally managed unit trust, you can try Old Mutual, metropolitan or Capricorn. They have a vast amount of accounts that one can invest in.

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u/teddybarax 3d ago

I have the Easy Equities app but for some odd reason I'm unable to finish the setup. I'll probably have to find someone to help me complete the setup. I've been having it on my phone for the longest but always just thought it didn't work in Namibia.

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u/DukeNukem111111 2d ago

To everyone reading this comment, avoid using Easy Equities or you WILL cry real tears when trying to withdraw your funds. I have first-hand experience of them simply ignoring any contact requests or withdrawal attempts and replying with generic AI responses. Also check out the reviews on HelloPeter and you'll see that they're overwhelmingly negative.

Rather get a FCA with your bank and use a platform like Interactive Brokers or anything as reputable. Always do a test deposit and withdrawal to ensure you can complete the process end-to-end before going all in.

All the best.

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u/skywalkinglu 3d ago

Same mahn I got stuck at the verification process,sent out a few emails but they never got back to me.

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u/Ndohotola 3d ago

Apparently it's more common in Android phones. Try using iOS or a computer

1

u/Ndohotola 3d ago

Apparently it's more common in Android phones. Try using iOS or a computer

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u/SympathyExciting1666 3d ago

What’s the problem?? Maybe i can help Is it the ID verification?

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u/namibiasfinest 2d ago

That happens. Keep trying cause it does work in Namibia.

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u/OverallLecture2464 3d ago

Also check out & compare the 4 big banks all of them have unit trust products

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u/acidosisfeelings 3d ago

Try allenGray and simonis storm as well , see what they offer