Considering that almost three marriages end in divorce in South Africa, and research indicates that women are the hardest hit financially after divorce, finding your financial feet after this devastating event can be one of your lifelines....
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You can’t claim from both your medical scheme and the Road Accident Fund
A reader wonders why her medical scheme deducted her medical expenses from her Road Accident Fund settlement. Paseka writes: I was in a car accident and was awarded around R2 million from the Road Accident Fund (RAF). I was admitted to a private...
African Bank and your money
African Bank provides clarity on what will happen to both depositors' and borrowers’ money. If a retail client had deposited funds with ABIL what happens to their money? Will they get it back and would they receive the same rate of interest? As...
Free financial planning workshops in Cape Town
Financial Planning Week: 25-29 August CERTIFIED FINANCIAL PLANNER® professionals Craig Torr, Paul Rossouw, Ian Beere and Laverne Slater will be giving four free financial planning workshops in Cape Town on 26, 27 and 28 August, as part of...
Understanding sources of investment return using heat maps
Andrew Newell, Head of Business Development at Cannon Asset Managers, explains the importance of understanding the source of investment returns and gives pointers on where to look in the future. Most investors want not only high equity returns, but...
Creating a financially savvy kid
Even if you have a natural saver on your hands, you still need to teach your child about budgeting and investing, as well as how to shop mindfully by comparing prices and understanding the value of what they are buying. Whenever I meet people whose...
Why retirement may be redundant
If you are 45 or younger, forget retirement. Immortality may be within reach in the next 40 years – or at the very least we will all be living a lot longer than we are now. Viresh Maharaj from Sanlam Employment Benefits says that scientists are...
Personal loans: beware of scams
As the cost of living continues to rise, you may be tempted to take out a personal loan. Maybe you want to renovate your home or make some changes before the chill of winter sets in. Whatever your reason, make sure that you know what you are...
Facebook taking a shotgun approach to capital allocation
With technology companies much in the news recently, RECM’s Paul Whitburn says valuing companies such as Facebook involves more questions than the asset manager is comfortable with. While Facebook’s share price continues to run, RECM prefers to...
How to save for a deposit
You can improve your chances of being granted a home loan or vehicle finance as well as the interest rate you are offered, if you have a deposit of 10 to 20%. With interest rates expected to increase over the next two years, banks are going to...
Previous Articles
Where should your investment money go?
In the face of volatile global equity markets and structural economic challenges, there is much debate around what investors can expect going forward. At times like these, it is worth remembering that investment has always been about taking risk in the face of...
The enigma of the JSE in 2013
Geoff Blount, CEO of Cannon Asset Managers, looks deeper into the performance of the JSE in 2013. How do you explain to your children that, in spite of an overall drop in earnings per share on the JSE of 6.4% in 2013, prices rose by 17.8%? This strange...
Is the time right to invest offshore?
Geoff Blount, CEO of Cannon Asset Managers, explains the different valuations of South Africa’s super sectors and presents a view on whether the time is right to invest offshore. With the JSE FTSE All Share Index hovering near record levels, investors may be wondering...
US government shutdown: what it means for South Africans
Santhiran Naidoo,investment analyst at Glacier by Sanlam, explains what the possible US government shutdown is all about, and takes a look at how the current uncertainty in the US may affect us here in South Africa. For the past few weeks we have seen an increasing...
Opportunities for observant, adaptable investors
The South African market is in a "Perfect Break" situation at the moment, according to market analysts Craig Aitchison and Trevor Abromowitz. During the last 10 years, we have often heard the phrase, “the Perfect Storm” applied to periods when both equity markets and...
Consumer Protection Act: Know when to complain
We’ve all had a bad customer experience, but how many of us actually take it further? Under the Consumer Protection Act (CPA), you may be entitled to compensation. Consumer Goods and Services Ombud (CGSO), Adv. Neville Melville points out five common areas of...
Co-habiting and your household insurance policy
When moving in together, your household insurance policy may be the last thing on your mind – until you need to claim. In this day and age, it is quite common for couples to choose to live together either before or as an alternative to marriage. But before you move...
Small Business Academy helps small entrepreneur to think big
When starting your own business you don’t always need to be the expert, but you need to know how to run a business. When Bulelwa Tengwa decided to open her first hair salon she knew very little about how to style hair but what she did know was that there was a gap in...
JSE Virtual Trading Game
As part of ongoing attempts to encourage South Africans to trade on the exchange, the Johannesburg Stock Exchange (JSE) has launched the first JSE Virtual Trading Game, an online trading competition which simulates a real trading environment and gives members of the...
Weakening Rand to impact on insurance premiums
The sharp decline in the Rand against many major currencies, paired with the frequency of severe claims over the past year, is expected to have a significant impact on the personal lines short-term insurance industry, resulting in increased insurance premiums. This is...