There are few things that bug me more than seeing people being ripped off by insurance companies. I have just come across an advert for an education plan by one of the large SA insurance companies…for just R150 per month for 10 years…blah blah blah…stay far away from these policies – they are expensive and restrictive. As far as I am concerned people who want to save for their children’s education should first get rid of...

All the while that this debate has been going on the market has risen…for anyone who invested at the low in Nov/Dec last year there has been a 22% return from the ALSI already… I think there is a danger of throwing the baby out with the bath water here…equities are the most likely asset class to give you real returns over the long term…but they can be very volatile in the short term…and so the best way to think...