“Is retirement an idealistic industry-driven concept or is it really the picture-perfect period of peace and reflection worth striving for as a ‘natural progression’?” asks Patrick Barker, Private Client Portfolio Manager at Cannon Asset Managers....
“Is retirement an idealistic industry-driven concept or is it really the picture-perfect period of peace and reflection worth striving for as a ‘natural progression’?” asks Patrick Barker, Private Client Portfolio Manager at Cannon Asset Managers....
“Is retirement an idealistic industry-driven concept or is it really the picture-perfect period of peace and reflection worth striving for as a ‘natural progression’?” asks Patrick Barker, Private Client Portfolio Manager at Cannon Asset Managers....
“Is retirement an idealistic industry-driven concept or is it really the picture-perfect period of peace and reflection worth striving for as a ‘natural progression’?” asks Patrick Barker, Private Client Portfolio Manager at Cannon Asset Managers....
Become your own financial advisor. Now that sounds like a great idea. While you should always seek professional advice if you have any doubts about how to manage your money, there are a few basic financial truths that you can practise in order to...
Debt counsellors see a surge in applications around February every year as the wheels fall off after the excesses of the festive season and the school fees are due in January. If you’re in debt, you’ll know the feelings of helplessness and...
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...
South Africans need better access to good, unfettered financial advice. But who is going to pay for this? Recently I was reminded of a story of a man I had once interviewed. Twelve years ago he was severely injured in a work accident and as a...
“You always say that every cent is important so I want to start a savings plan. My pocket money is R400 a month and I want to save R200 to invest for the future. I want to know how I should invest my money,” writes Amogelang who is 22 years old...
South Africa’s economic outlook for year 2014 remains the subject of a national discussion and economists continue to emphasise that the country is not out of the woods yet. Early in 2014, consumers were greeted by yet another petrol price increase...
“I bought a house 15 months ago and I have been paying about R500 extra. As a first-time buyer I received a +0.4 prime rate. Can I get the bank (Absa) to review and reduce my interest rate, if so what do I need to do and what will they be assessing?” asks Simphiwe...
Recently I had two very disturbing conversations about the world of debt. The first was a conversation with someone from the Credit Ombud about how debt administrators and debt collectors farm debtors’ books. Although this practice is less lucrative now that the...
Instead of overwhelming yourself with resolutions in the New Year and then falling off the bandwagon too early, let 2014 be the year in which they stick. Andrew Edwards, Executive Principal Officer of Liberty Medical Scheme and fitness expert, Lisa Raleigh, outline...
"Better late than never", or so the saying goes. We say: "Better now than too late." But dealing with financial matters is something that we tend to keep putting off. Here are five reasons why you need to sort out your finances today! 1. Beat the January blues That...
If you’re battling with a financial hangover from a holiday spending spree, we have a 5-point plan to get you back on track: 1. Budget Write down an accurate and honest list of your expenses and income. Use your recent bank statements, invoices and receipts as a...
Insurers are becoming more enthusiastic about suing uninsured drivers to recover costs. If you are uninsured and crash into another vehicle causing damage amounting to thousands of rands, you are liable for those repairs. Even if the other driver was insured, his...
If you only pay the minimum due on your credit card you will remain indebted for decades. The Australian government’s website MoneySmart.gov.au has a very handy calculator that shows you how long it will take you to pay off your credit card based on what percentage of...
If you want to start trading shares on the Johanneburg Stock Exchange there are many great products to get you started. It is important to understand the risks of investing in shares and that this is not a get-rich-quick scheme. Identify what kind of investor you are...
Ewald Kellerman, Head of Sales at FNB Home Loans says that investing in property as a club brings with it certain challenges: Change in ownership/members of the rental club may be costly. The bank will hold the members liable for the loan, not the club, so if those...
If you are planning on going overseas this holiday season, make sure you have your currency sorted before you leave. Whenever I land overseas I withdraw some cash at the airport ATM using my credit card. However on my last overseas trip I discovered that my Mastercard...