I received another unsolicited email today from an operation called “savemoney.co.za” about a tax-free savings account. It's just Old Mutual in disguise and despite claiming to offer the “best tax-free savings account in South Africa” a little diggin
I recently watched someone using a leaf blower to clear their pavement. As I watched, it struck me what a pointless exercise it was and it crossed my mind that the leaf blower must be one of the most senseless machines yet invented. You never actuall
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
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.
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
Regulation 28 has long been a frustration of many retirement fund investors with the Financial Services Board having applied a "one size fits all" approach. That means that within Regulation 28 confines, a 20-year-old investor in a retirement fund is
I was recently approached by someone for help with her Sanlam RA's - they are the bad, old traditional life RA's with opaque fees, poor returns and hefty penalties if you make any changes before the term ends. It seems that Sanlam has found a way aro
This is another offering from Std Bank that gets a big thumbs down from us. The radio ad sounds promising: • Access up to 40% at any time • Great interest rate of up to 7.4% However, you only get 7.4% on an investment of R5m or more that you are p
A client of mine presented a potential dilemma to me. He has a living annuity through Liberty Life but also has the bulk of his living annuity funds on a LISP platform. He was wanting to move the Liberty one to the LISP and consolidate his investment
What if SA is where Zimbabwe was ±20-25 years ago? With the benefit of hindsight, what would the average Zimbabwean do differently? Would they have stopped investing into their pension funds and bought more foreign currency? Would they have emigrated
•Asset Allocation Strategy
•Investment Research and Selection
•Local and Offshore Investing
•Tax Efficient Planning
