“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...
Homeowners can reduce the term of their home loan and the total that they pay in with careful budgeting and clever tricks. A house is usually the biggest asset that you will buy in your lifetime, but it's made affordable by the 20-year term of...
Due to significant increases in share prices, some participants in company share schemes are receiving payouts of hundreds of thousands of rands. If you are one of those lucky individuals, you need to use this opportunity to build your wealth base...
Unexpected medical costs can wipe you out financially so insuring for hefty medical bills is an important part of your financial plan. Medical schemes are fairly expensive and have been seen as the preserve of higher income earners. Fortunately...
While it is very important to keep track of your day to day expenses as well as your longer term financial goals, you also need to ensure that your financial administration is up to date. If you need to urgently get hold of vital paperwork do you...
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...
Every time we open the newspaper, switch on the radio or watch TV we are inundated by information on the imminent collapse of Europe and the impact it will have on global growth. As a result stock markets across the world are extremely volatile so share prices are...
Isaac shows how with discipline and a goal it is possible to build up a portfolio of properties on a limited salary that will one day pay you an income. It is important however to make sure that you do not over extend yourself and risk losing your entire investment....
A recent survey conducted by Groupon South Africa found that while people are desperate to go on holiday over 50% said they simply cannot afford it as holiday accommodation is too expensive and the current tough economy is holding them back. A further 27% of people...