Tag - Old Mutual

Stock picks for the year ahead

Nedbank Private Wealth suggests their stock picks for 2014 for every member of your extended family. The Nedbank Private Wealth Christmas stocking selection of shares for 2013 included some strong performers, but the portfolio’s overall performance was adversely affected by exposure to Foschini, which mirrored a weak showing by most retail...

Old Mutual Savings Monitor: Reality hits

The latest Old Mutual Savings Monitor shows that South Africans are coming to terms with their new economic reality and taking control of their finances, but it’s still really tough to make ends meet. As households come under pressure from rising costs such as a higher petrol price, electricity and school fees, many have no choice but to cut back...

Make sure you understand your retrenchment offer

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 understand the implications of accepting this package. Phil Sack, HR Executive at Old...

Hedge Funds 101

To some people hedge funds are unfathomable investments which grab international headlines when risky bets result in a sticky end. In South Africa however hedge funds and hedging strategies are mostly used to protect investors’ capital. We look how hedge funds and unit trusts with defensive strategies are used to ride out the volatile markets. A...

Budgeting for the self-employed

One of the questions I am often asked by self-employed people is how to budget. Most self-employed people tend to live in a world of feast or famine. When times are tough they skimp, beg and borrow, but when times are good they spend like the good times will never end. Their largess knows no end and they will have a party to thank those that...

Investing as a 20-something

 For most young people just getting out of debt is the main priority, however what if you are one of those rare “savers” who have saved a lump sum by the time you are in your early 20’s – where is the right place to invest it and how to you balance your savings with lifestyle needs? Rob is a 22 year old who recently finished studying and has...