Your appetite for risk and your long-term investment strategy should dictate your choice of Exchange Traded Funds.

A passive fund leads the pack against actively managed unit trusts fully invested in equities.

Virgin investor Mpho asks: I am a first-time investor and I'm interested in investing in the Satrix. I read their brochure, but I haven't yet grasped the whole concept of investing in the Satrix. Is it a good investment product? Are the returns good short-term and long-term?

From the high desert to the Pacific Ocean, out-of-control wildfires have engulfed swathes of drought-parched southern California, claiming one life, destroying several homes and a church in Malibu, and forcing an entire community to evacuate. Thousands more homes remained at risk on Monday.

"I have never invested on the stock market, but would like to do it now and I am very interested in Satrix. Do you think it would be worthwhile to invest a lump sum of R2 000 now and later a lump sum of R1 000, whenever I can afford it, say every three months?" We answer your investment questions.