The concept of “emigration”, as recognised by the Financial Surveillance Department of the South African Reserve Bank (SARB), has been phased out, with effect 1 March 2021. National Treasury has indicated that the reason for this regulatory change is “to encourage South Africans to keep their ties with the country”. The phasing out of emigration…
For many investors keeping track of their portfolios is an anxious pursuit. Markets seem to behave in a non-sensical way at times, with any manner of factors causing anguish. Inflation expectations, GDP growth, sentiment, the oil price, central bank policy, debt levels, company mergers and acquisitions, cases of fraud and market disruption. These are all…
There has been a lot of fear mongering by the media and by those with agendas around the matter of policy reforms regarding Retirement Funds. Below we are sharing an article and response from Allan Gray’s team which provide a lot of clarity. Will prescribed assets be used as a policy tool? Sandy McGregor, Allan…
An interesting trend has emerged out of the depths of the current crisis: Gold has made a stunning comeback. Recently it surpassed $2000 for the first time in history[1] after languishing for much of the past decade. Right now, gold is the consensus trade in portfolios. This trend goes hand in hand with another phrase…
Dear Clients, In this newsletter, we will describe 4 common scenarios where having life cover is important and how best to structure it. Death can be an expensive affair and in this regard, here are few very important tax and legal fee considerations: Estate Duty The first R3,5 million of your net estate is free…
Dear Clients, While you may not already know, we are hoping that this letter will take a giant leap forward in emphasising our core WHY, or purpose, which is FINANCIAL WELLNESS. And what better way to show our commitment to Your, and Your Family’s, Financial Wellness, than by writing this High-Alert Message on Covid-19’s raising…
In the midst of the uncertainty and trying times we face, it is important to make sure that you are covered for every eventuality. As your financial adviser who takes care of your Life Insurance and/or Investment portfolio, you have entrusted me with making sure that your family’s financial and emotional needs are catered for…
“I feel I change my mind all the time. And I sort of feel that’s your responsibility as a person, as a human being – to constantly be updating your positions on as many things as possible. And if you don’t contradict yourself on a regular basis, then you’re not thinking.” – Malcolm Gladwell …
Here is a powerful piece by JP Landman, who consults to Nedgroup Private Wealth (Pty) Limited, which we found very encouraging. We hope that you enjoy it too. Remember to keep in touch with us, we’re here to help where ever we can through this tough time! Enjoy, Stuart and Jonathan The new coronavirus has…
In this post we wish to share some of our favourite financial product solutions and strategies. 1. The Power of Rand-Cost Averaging – Drip-feeding money into an investment to get a better average price and smoother return Basically, instead of braving the virtually impossible task of perfectly timing an entry into the markets, an investor…
In these tough times we hope that the following medicinal tips offer some comfort. The COVID-19 Crisis has been likened to the market crash caused by the 9/11 attacks, albeit on a wider scale. There is no doubt that the virus itself will be beaten and subside, but what the pandemic has unveiled is the…
