Tag - 10X Investments

High fees, poor disclosure plaguing SA investment industry

The recently published Morningstar Global Fund Investor Experience 2015 study, which analyses 25 countries that offer investment funds, highlights high fees, poor disclosure levels and advisers’ lack of fiduciary duty as some of the key issues plaguing South Africa’s investment industry. Overall, South Africa was awarded a C and remains below its...

The impact fees have on your living annuity returns

For most people, cost is a primary consideration in almost every purchase decision.  Except, it seems, when it comes to critical financial decisions, such as buying a savings or investment product. Many South African retirement investors therefore also overlook the fees on their living annuity, or rather, the impact these fees will have on the...

Prioritising your retirement savings in 2015

Steven Nathan, CEO of 10X Investments, tells us why saving more and spending less is one New Year’s resolution we should all be sticking to. Research suggests that most people have abandoned their New Year’s resolutions by the beginning of February. Spending less and saving more is high on the list of proposed lifestyle changes, but...

Don’t chase market performance

Steven Nathan, CEO of 10X Investments, warns investors not to be influenced by short-term market performance. Every year, legendary investor Warren Buffett’s annual letter to shareholders offers valuable investment advice. In his most recent letter, he reaffirms the importance of developing an appropriate long-term plan that investors should...

Fees can erode your retirement annuity value

Many South Africans will look to invest in a retirement annuity (RA) before the end of February, which represents the close of the country’s tax year, in order to take advantage of the tax break. However, according to Steven Nathan, Chief Executive Officer of 10X Investments, investors often negate this benefit by paying high investment fees...