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Why we fall for investment scams

Why we fall for investment scams

Our need to believe in miracles and magic makes us susceptible to tricksters. Listen to Maya discussing this topic on Classic FM with Tamara LePine Williams I was recently watching the Carbonaro Effect, a TV show where a magician plays practical...

How much do you need to retire?

How much do you need to retire?

At a recent investor roadshow, Richard Carter, head of product development at Allan Gray, provided some figures to illustrate how much you should already have saved for retirement, based on your current age. Carter worked on the assumption that to...

Buying an investment property

Buying an investment property

When buying an investment property, you need to do your homework carefully to avoid your property becoming a financial ball and chain. While astute investors can make money, property has significant holding costs and is not as liquid as other...

Should you lease or buy a car?

Should you lease or buy a car?

South Africans are well known for treating their cars as status symbols. Car finance figures show that on average, South Africans who are financing their cars tend to buy a new car every three years. Simphiwe Nghona, executive head of Wesbank’s...