I enjoy using lines from movies when talking to clients about investing and financial planning. For example there is the classic line by Jack Nicolson’s character from “A few good men” when he is on the witness stand and being asked about the truth of an investigation to which he replies…”You want the truth? You cant handle the truth”. Sadly we get to use this when telling clients the truth about being...

Consider the following – what would you advise the client? Client A took out an insurance based RA in 2003 (23 year term). She started a debit order of R450 pm (escalating at 10% pa). The current fund value is R63500 The company claims a return of 11.8% pa on the funds but the maths shows that she has had about 6% per annum. She now wants to move the RA to a unit trust RA (where there is no contractual obligation and no initial...

The Dilbert cartoonist, Scott Adams, earned a MBA from Berkeley, worked at a bank (got held up twice at gunpoint), and is worth millions. So we presume he knows a thing or two about money. In an interview with the Akron Beacon Journal, Adams says he read about a dozen personal finance books and began working on one himself. However, he found it all boiled down to these nine points and he “couldn’t figure out how to fluff...

So it looks like the “fuss” is all over and the equity market is set to run even further…I guess it is at times like these that you need to make sure you are “in for the ride” and not sitting on the sidelines watching it all go by. But it is also important that investors do a little “stock take” (pun intended) and understand/remember the following…afterall, has anyone seen the fat lady sing yet? Investing ...

I cant help but think that with the markets having run as hard as they have since their lows in November last year and March this year (JSE is up >34% since then) that either we have been duped into believing there was a huge crisis which never actually existed and have now missed the best buying opportunity (perhaps ever), or else, the crisis is not over, the issues have not suddenly gone away and things have not returned to normal as...