Financial Planning

Understanding Risk Tolerance

Arthur Rudolph, the scientist who managed the development of the Saturn V rocket for its first mission to the moon, described risk tolerance perfectly: “You want a valve that doesn’t leak and you try everything possible to develop one. But the real world provides you with a leaky valve. You have to determine how much […]

Markets & Equities

Focus on the Earnings, not the Share Prices

Water skiing is certainly not intended for the peaceful vacationer. You are yanked to the surface like a cork released under water, and you need to hold on to the rope for dear life to avoid any unfortunate accidents. It’s quite amusing to watch – sometimes the water-skiers fall far behind the boat and other […]

Financial Planning

Tax-Free Investment Plan – New flavor of the Month?

Not too long ago, almost every other car had a few ‘My Family’ stickers on the back window. Did they increase the car’s value? No. Is the sticker of the father on a bicycle perhaps an indication that the father of that family is super fit? Probably not. These stickers were a trend and like […]

Markets & Equities

TRADING IDEA – Novus Holdings (NVS)

Novus Holdings (previously known as Paarl Media Group) is one of the leading printing and manufacturing groups in Africa. They offer printing and tissue manufacturing services in an extensive range of formats, substrates, finishes and value added services. The Group plans to list on the 26 March, trading under the ticker code NVS.   Key […]

Financial Planning

New Year’s resolutions for Investments in 2015

We’ve reached that time of the year again when coastal towns run empty and Christmas decorations are removed from display windows. This is also the time when most people compile a list of resolutions for the New Year. Favourites are: “I am going to lose weight this year” and “I want to become fit enough […]

Financial Planning

Am I making a ‘costly’ mistake by investing in a ‘cheap’ fund?

I recently came across an article in Forbes, in which the author mentioned how she has yet to find something more expensive than using ‘cheap’ lawyers. “One of the biggest mistakes I made early in my life as an entrepreneur, was to appoint cheap lawyers simply because I thought that I was saving my business […]

Markets & Equities

Resource shares – the world’s orphan

November is upon us, with shopping centres already full of Christmas decorations and Boney M creeping in as background music. Every year as the summer comes to an end, along with every New Year’s resolution, I set myself a goal that I will have the body of the “Hoff” – Baywatch’s David Hasselhoff – by […]

Markets & Equities

What would Benjamin Graham think of SA shares now?

Starting my column this week with the words, ‘Dexys Midnight Runners’, I’m sure most of you will have no idea who or what I’m talking about. If I mention, ‘Come on Eileen’ however, those who are familiar with music of the 80s will know exactly what I’m talking about. Unfortunately, one of the best ‘one […]