What you value most?
Great bit of insight from "One page financial plan" by Carl Richards. "How/where you spend your time and money is an indication of what you value most" Think about it, a lot!
The ultimate savings & investment vehicle!
Today I got a call from a journalist asking a few questions about what a beginner investor should do if they want to start investing. I think that they were looking for “tips and tricks” about which funds or shares to choose. Here was my reply. Ask
Remove all sharp objects…
I attended a presentation by one of the SA asset managers recently…it was a good job that there were no sharp knives around. It was real slit-your-wrists stuff! Their view is that SA is pretty much stuffed and that unless there is a significant ch
The value of advice?
Much has been written about the value of financial advice. There are many people who believe that financial planners offer little value for the fees charged while there are others who believe that the value financial planners add is very significant.
Memories
On a recent car trip, my daughter insisted on playing some of her music – 2 of the songs on the “hit list” were “Bear necessities” from the Jungle Book and “Hakuna Matata” from The Lion King. When the music finished there was a follow up question fro
Old Mutual Tax-free savings – stay away from this one!
I get a lot of spam email but I really hate it when I receive unsolicited offers to invest from insurance companies. Today I received an email from Old Mutual offering to save me money with their Tax-Free Savings Account (TFSA). Apparently, you can s
Normal service has resumed
I found myself facing a crisis recently. I have always promised clients that I would only invest their funds where I myself am prepared to invest for myself and my family and yet with the recent shenanigans from our president who saw fit to remove th
One page financial plan
I have just finished reading this excellent book by Carl Richards... The One-page Financial Plan – some notes from the book: “The best financial plan has nothing to do with what the markets are doing, nothing to do with what your real estate ag
Lies we tell ourselves
I recently had a conversation with someone who told me that when she was on her way (walking) to a very important meeting, a bird pooed on her head and clothes. That meant that she had to turn around, go home and shower and get changed into a fresh o
Fear of dying
As human beings, emotions often dictate our behaviour. One of our dominating emotions (if we are honest with ourselves) is fear. Fear of loss, fear of being hurt, fear of being poor, fear of missing out, fear of being sick, fear of clowns, fear of ne
