Gregg on August 25th, 2009

I have recently received quite a few “phishing” emails (i.e. emails from people trying to get info they are not entitled to and usually involving internet banking). This is nothing new and has been happening for ages, but what is incredible is how “legitimate” these emails now appear.
Somehow, they have now managed to get it [...]

Continue reading about Dont get caught!

Gregg on August 18th, 2009

I came across a 76 year old lady this morning who was sold a 10 year endowment at the age of 71 (through Old Mutual Horizons) for R10000 per month (yes, ten thousand rand!). 5 years later her situation has changed, she cant afford the premium anymore and needs to make a change…surprise, surprise, she [...]

Continue reading about This is just wrong!!!

Gregg on August 16th, 2009

There was a lot of information about medical aids in the weekend press, a lot of it was very critical of the many schemes. While some of it is certainly warranted, what most people dont seem to grasp is that while many of us think that we are members of a medical aid, we are [...]

Continue reading about Medical aid or glorified hospital insurance?

Gregg on August 8th, 2009

Saw the TV advert for 1life direct recently…watch out, the cover they are offering is incredibly expensive. Far from cutting out the middle man and therefore being cheaper, it is significantly more expensive than you could get even if you went through a broker who was charging full commission.
For example: A quote from 1life direct [...]

Continue reading about Be wary of 1life direct’s advertising campaign…

Gregg on August 4th, 2009

One of the things that I just cant get my head around is the price of residential property. If the experts are to be believed, then the average house price in SA is somewhere around R550000. In order to buy this property, you would need to put down a deposit of at least R110000 (20%) [...]

Continue reading about Rocket science or common sense?