The market is alight with speculation over a statement which quietly crept into Finance Minister Tito Mboweni's recent medium-term budget policy statement around the reclassification of inward-listed financial products. National Treasury has made a...
Maya (@mayaonmoney) is joined by personal finance blogger Brendan (@Your_Money_Blog) to discuss Black Friday. They chat about their approaches to Black Friday, and offer some tips on online safety when shopping for deals.
One of the questions we receive quite frequently from our viewers is where to invest for their children’s future. The answer depends on what the investment is for. Saving for next year’s school fees would be a very different investment decision...
2020 has reset the bar when it comes to how we evaluate a horrible year, but an "annus horribilis" doesn’t have to be an "investment horribilis". In a speech marking the 40th anniversary of her accession, Queen Elizabeth said, “1992 is not a year...
Legislation will be introduced to allow early access to one's pension, but it's not an end-of-year bonus. In the medium-term budget address, Finance Minister Tito Mboweni confirmed that National Treasury will be introducing legislative changes to...
The result of the US election was big news for the world, for the economy and for markets. But as an investor I’ve always considered the pandemic of far greater consequence. Joe Biden’s electoral success was duly eclipsed by the news on Monday that...
Even before lockdown, many people were finding it difficult to meet their debt repayments and facing the prospect of defaulting. Once you are in default, the collection and legal fees start mounting up. Debt that you were already struggling to...
Ordinary South African investors now have more options to access to global companies. Technology is making it easier and cheaper for South Africans to get exposure to shares in large global US-listed companies like Apple, Facebook and Netflix. This...
Offshore investing is not just for millionaires, it should form part of everyone’s investment portfolio. In this podcast Maya (@mayaonmoney) and Mapalo (@womanandfinance) unpack the many low-cost options that make offshore investing accessible for...
If you are confused about the effects of depositing extra funds into your home loan, you are not alone. During lockdown, many people looked into their finance agreements, which resulted in a lot of queries about what happens when you pay an...
Last week was National Wills Week, which is always a great reminder to review your will. If you don’t have one, make sure you prioritise this immediately. To find out more about what should be in your will and what makes a will valid, I am speaking to Monica Moodley,...
So you've finally found your dream home and are ready to put in an offer. Before you dive in, be sure that you conduct a home inspection. This is according to Marius Steyn, Personal Lines Underwriting Manager at Santam. Steyn suggests including a clause in your offer...
By Wiehann Olivier, CA (SA) and Partner at Mazars South Africa While we wait for the experts to draw up a regulatory framework for crypto-assets, it’s crucial that you educate yourself on good practices for Virtual Asset Service Providers (VASPs). Red flags Here are...
Whether you’ve recently made property upgrades or added a few new items to your home, it is time to spring clean your insurance policies to check that you are adequately covered. Your short-term insurance policy is automatically renewed almost every year but it is up...
By Izak Odendaal and Dave Mohr, Investment Strategists at Old Mutual Wealth South Africa’s economic recovery is rightly in the spotlight, and important questions need to be asked. We need to know not only how we bounce back from the lockdown-induced contraction but...
An unexpected side-effect of lockdown has been smaller-than-usual annual medical aid premium increases. Despite fears that the outbreak of COVID-19 would result in high claims from medical scheme members, and a resultant increase in the cost of healthcare, the...
It is important to understand how your life policy works and what your options are if you find that you are no longer able to afford your premiums. While the outbreak of COVID-19 raised awareness around the need for life cover, especially for those with financial...
By Colin Archibald, Regional Manager at Glacier International Offshore investing has been in the spotlight again recently, but diversifying your portfolio across regions, currencies and industries has always been a good strategy. Maintaining your spending power as the...
If you are confused about how advance payments work when it comes to your home loan and car finance, you are not alone. In this podcast, Maya (@mayaonmoney) and Mapalo (@womanandfinance) unpack exactly how access bonds work and when advance payments on your car can be...
By Sharon Moller, Financial Planning Coach at Old Mutual Wealth In August, South Africans formed long queues outside liquor stores across the country, hoping to stock up on alcohol before a rumoured ban came into effect. But, as it turns out, the ban was fake news,...