“Are RSA retail bonds still a good choice of investment over a 3 or 5 year period. And what interest rates are the offering at this stage?” writes Peter who is 65 years old. Maya replies: If you are simply comparing interest rates to a bank deposit...
“Are RSA retail bonds still a good choice of investment over a 3 or 5 year period. And what interest rates are the offering at this stage?” writes Peter who is 65 years old. Maya replies: If you are simply comparing interest rates to a bank deposit...
“Are RSA retail bonds still a good choice of investment over a 3 or 5 year period. And what interest rates are the offering at this stage?” writes Peter who is 65 years old. Maya replies: If you are simply comparing interest rates to a bank deposit...
"I'm sitting with some cash and would like to invest it so I can get good returns on it. I have no knowledge of the investment game but I am looking at a long term investment. I've noticed the buzz around Capitec Bank and I would like to ask you if...
Geoff Blount of Cannon Asset Managers looks at the relative valuations of Mr Price and the construction industry in 2007 and in 2012 with some remarkable conclusions. At Cannon Asset Managers, we have always believed that the price you pay for an...
It is that time of year when your medical scheme will require you to select your plan for next year. This is a good time to reflect on your medical needs to ensure that you are on the correct plan. Andrew Edwards, principle officer at Liberty...
A price bubble appears to be developing in the global IT sector, led by Apple Inc, while traditionally defensive sectors like consumer goods and health care are also looking very expensive, according to Craig Chambers, MD of Dibanisa Fund Managers....
We recently asked our readers to tell us about their financial goals. Saving for a child’s education beat all other goals hands down and is certainly a major priority for City Press readers. Let us just hope that our children will value their...
One thing all financially savvy people have in common is that they have a good handle on their money. They know how much they are worth, what they spend each month and where their money is going. They have savings goals and they understand their...
By restructuring the way we save for retirement we could halve the cost of retirement savings vehicles. The current model of annual fees and a lack of preservation is unnecessarily driving up retirement costs according to Anton Gildenhuys, head of...
A significant valuation gap has emerged in equities between consumer and retail sectors and resources which, according to Alexander Forbes’s Global Large Manager Watch, has resulted in divergences in returns between fund managers of over 10% in the last year - a...
The National Debt Mediation Association (NDMA) was created as a non-profit centre where consumers can lodge complaints about credit providers as well as issues with the debt counseling process. However, Magauta Mphahlele, CEO of the NDMA, says they were receiving many...
After working for his company for 24 years, Joseph was offered a voluntary retrenchment package. Due to his years of service the package is attractive with the company effectively offering him a year’s salary. Joseph is not part of the union and he wants to fully...
There are two questions I am always asked by fellow journalists. Firstly why on earth did I leave the lucrative world of stock broking to become a journalist and secondly as a journalist why don’t I write about shares and the markets. The simple answer is that all of...
PODCAST The recent Western Cape Relative Value Arbitrage Fund (RAVF) scandal that led to suicide shooting of Julian Williams by his associate, Herman Pretorius, is estimated to have lost investors around R1.8 billion. While investors, and financial advisers who...
With so many articles and books written about "women and money" one may ask the question as to why we have this focus on “women and money” -surely money is gender neutral. The reality is that despite all the advances women may have made in the workplace, they remain...
“What to expect when you’re expecting”, the latest American blockbuster that was released in South Africa in June this year, put the spotlight on the journey by parents-to-be as they prepare to become parents for the first time. This is both an exciting and...
Higher house prices and stricter lending criteria by the banks have pushed homeownership out of reach of many ordinary South Africans on a single income. But if you really wanted to own a house would you be prepared to share the responsibility with a friend?...
PODCAST How do you measure your financial health? By the amount you earn or the amount you save? Does your sense of financial wellness come from the car you drive and the house you live in or do you measure it by the amount of emergency savings you have and whether...
This is a very interesting press release from Discovery Health that argues that medical scheme costs are being driven by higher claims as more ill people sign up for medical schemes than healthy people. Actuarial research estimates that if medical cover was compulsory...