Financial Planning

Structure your direct offshore investment correctly, from the start

Do your own research and approach emigration and externalisation of assets with exceptional levels of critical thinking, not based on emotions. South Africans are currently facing the difficulty of making financial decisions in light of worrying new headlines. Many investors are grappling with planning ahead and making thorough capital allocation decisions despite high levels of […]

Financial Planning Markets & Equities

Funds: Are they poor performers or just being mistreated?

When I mention the names Floyd Mayweather and Connor McGregor, four words come to mind: Top Arrogant World Champions. Both of them are regarded as some of the best in contact sport. Both of them put on a pair of gloves and get into a ring. Both of them want to see their opponents hit […]

Financial Planning

How to retire in South Africa post 2019

South Africans will need to increase their focus on tax-efficient investment. South Africans received the budget speech gracefully on February 20 2019. Everyone who listened to the speech will, for a very long time, recall our new minister of finance moving with flair, courage and humour. One could hear a pin drop in Parliament and […]

Financial Planning

High costs attached to retirement annuities are a myth

I recently co-consulted a client with another adviser with the aim of addressing the client’s retirement needs. The adviser recommended that the client invests in a retirement annuity (RA). Without a moment’s hesitation, the client said, “I’m not interested. I invested in a retirement annuity 30 years ago and it hasn’t grown in value since. […]

Financial Planning

You CAN invest in direct shares within your RA

In recent weeks, we have busted a myth or two regarding retirement annuities (RAs), and proved the product’s undeniable benefits to investors. This week, I would like to focus more on the structure of an RA, and specifically on direct shares in an RA for those who feel that an RA does not necessarily meet […]

Financial Planning

The retirement annuity tax myth busted

I’m sure many of you have noticed how we associate nearly every month of the year with something. September is the month of spring, while December brings about the smell of the sea and suntan lotion, accompanied by Boney M in almost every single mall you visit. February brings about tax season, or to some, […]

Financial Planning

The decision every parent must make, and would rather not

Considerations when appointing guardians for your minor child. By Richus Nel South Africa certainly is an exciting country to live in, but this excitement comes at a high price in terms of the unpredictability of events, outcomes and developments. The uncertainty this generates in our lives means that we need to consider the position of […]

Financial Planning

How cycling connects to better long-term investing

Biking to retirement: Start with small achievable targets and learn to ride the ‘investment bike’ over many years, long before retirement. As a recreational cyclist, I regard cycling as one of the most enjoyable and effective ways to get around. But while some cycling is for recreation, other times it can be about incremental goal […]

Financial Planning

Investment platforms: Know what you’re paying for

I have made several references to the Matryoshka, or Russian Nesting Doll in the past, because I find it to be such a fitting analogy to describe investment products and the costs attached to them. As its name suggests, it’s a set of hollow wooden dolls arranged from small to large, with each larger doll […]

Financial Planning

Is it wise to only invest in your house?

South Africans like to consider their homes as investments. As with all investments, it is worth revisiting your assumptions from time to time. Currently, there’s a lot of debate surrounding the prices of especially residential properties. The FNB South African House Price Index shows us that house prices have declined by 21% in real terms […]

Financial Planning

Lowering your investment risk may be risky

There is an old saying that goes, ‘nothing ventured, nothing gained’. Of course, the opposite is also true, because you cannot lose anything if nothing is ventured either. As an example, let’s use someone with an extreme fear of the ocean. This person feels that people risk too much by playing in the waves, as […]

Financial Planning

Four things to consider before you start saving

We’re halfway through the month of July, as well as SASI’s (South African Savings Institute) National Savings Month campaign and I’m sure that by now most readers are well aware of any shortcomings in terms of their personal savings. Let’s hope they decided to address these shortcomings by compiling a proper budget, decided to make […]

Financial Planning

Save! Before it’s too late!

A man named Gordon B. Hinkley wrote, “You cannot plough a field by turning it over in your mind”. Although the context in which he meant it may differ greatly from this week’s theme, I found it to be a phrase that can be applied to so many things in the investment world. When I […]

Financial Planning Markets & Equities

How and when to rebalance your portfolio

I am confronted with the question on whether rebalancing a portfolio is really necessary quite often by my clients. I normally use the theory of displacement (the simple version) to explain to them why it is done. By placing an object into a container filled with water, the water level will rise, because the object […]

Economy Financial Planning

How will the national budget affect your personal budget?

In Greek mythology, we are told about the infamous siren. The siren is a creature with the head of a woman and the body of a bird. According to mythology, they lived on an island where they lured passing sailors towards them with their enchanting and irresistible singing voices, causing ships to wreck on the […]