By Paul Leonard, CFP®, Regional Head, Citadel It is often said that there are no right or wrong investments but rather appropriate and inappropriate investments. Much has been written about tax-free savings and investment accounts (TFSAs) and there...
Modern medical advances have made it possible for more and more people to beat cancer. When it comes to breast cancer, early detection and diagnosis mean that survival rates have gone up dramatically. In fact, almost two out of every three women...
You really want to invest in the stock market but you don’t have enough money each month to buy expensive shares. Fractional investing is a cheap and easy way to invest at lower costs. After fielding numerous calls from listeners on Gareth Cliff’s...
By Sihle Lukhele, Institutional Investor Relationship Manager at Foord Asset Management. Benjamin Graham, the father of value investing, defined an investment operation as “one which, upon thorough analysis, promises safety of principal and an...
This week I was chatting to my independent financial adviser who told me that the majority of the claims he handles these days relate to critical illness. He says the claims for serious illnesses like cancer and heart attacks have escalated among...
The move by banks to make it easier for individuals to reverse unauthorised debit orders has been an important step in maintaining the integrity of the banking system, especially after increases in illegal debit orders where syndicates would obtain...
By David Crossley, CFP® BDO Wealth Advisers You have received your first payslip, online or in an envelope from your finance department. You open it up and realise you have no clue what’s going on. It could be your first payslip, or maybe you’ve...
The secret to a successful resolution is to keep it simple and to break it down to something manageable. Financial change starts one step at a time. Instead of saying “I am going to be debt free,” rather select one debt that you are committed to...
Recently the MD of a small company asked me if I thought they should provide employee benefits such as life cover and retirement funding for their employees. Currently the company leaves that entirely to each employee to sort out for themselves....
I often receive emails from people who are trying to locate their pension benefits from an employer several years after they have resigned, and I often wonder how people lose track of their money – that is until this week. Over the last few years I...
Almost every week we receive emails from people who have been caught out in a scam. There are so many rogues out there using charm and manipulation on desperate people looking for better returns. Tammy is one such victim and she kindly, and bravely, shared her story...
A series of big, usually unexpected, events shaped the financial markets in 2016. Samantha Pauwels, Portfolio Manager at Cannon Asset Managers has put together a summary and analysis highlighting the tumultuous year.
If you are looking for ways to save in 2017, you might want to consider tossing your car and Ubering instead. MyTreasury.co.za, which helps South Africans find the best savings account to match their needs, crunched the numbers to see when it makes financial sense to...
By Tracy Jensen, Chief Product Architect at 10X Investments A retirement annuity (or RA) is a pension fund for individuals, and one of the ways to save for retirement. In principle, it is a voluntary, tax-efficient savings tool to help you achieve a comfortable...
Jurie Hanekom, chairman of leading windows and doors manufacturer, Swartland, a successful family-owned enterprise, offers some insights into what he believes are the top business trends for 2017. Focus on Millennials Also known as Generation Y, Millennials refers to...
Disputed debit orders could lead to the collapse of the entire debt counselling industry unless the Department of Trade and Industry takes urgent action. The entire debt counselling industry could collapse, destroying over 5 000 jobs and leaving an estimated 238 000...
We’ve lost the plot when it comes to borrowing and saving Recently I had a conversation with a young woman who, along with her husband, is under debt review. She told me that they had just let their lifestyle get ahead of them – they bought a house, went a bit...
By Cathie Webb, Director, South African Payroll Association As the Christmas season approaches, some lucky employees will be looking forward to a bonus or a 13th cheque. Frequently, however, people express surprise that their 13th cheque doesn’t translate into double...
More than half of the top 60 Android shopping apps collect users’ personal information through trackers, a new study finds, with South African favourites LetGo and OLX among apps with the highest number of trackers. The result is from a privacy risk assessment on...
By Roger Eskinazi, head of wealth management, AlphaWealth I have spent 25 years working in wealth management, many of these for some of the most reputable companies. They all claim to have the best people, a proprietary investment process, competitive fees,...