Who would have thought that 2020 would be a strong year for investors? In the depths of the COVID panic the term ‘depression’ was bandied about by many, a reset of the financial system in its entirety. Sentiment in our country was at its lowest as businesses shut and jobs were lost, with our government…
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…
With Coronavirus causing turmoil in investment markets globally we have seen significant market moves across asset classes over the past week. With such an event it is extremely difficult to estimate investment outcomes, however one trait is reasonably certain: our human bias for loss aversion, which is heightened when fear like this spreads. This fear…
In this newsletter we aim to demystify the term “formal emigration”, as there seems to be much confusion. Some brief points on formal emigration First, it is important to know that residency from a tax perspective (as defined by SARS), a citizenship perspective (as per Home Affairs) and residency from the Reserve Bank perspective (according…
You can reduce the tax you need to pay and also earn tax free returns if you make use of the tax efficient tools available to you. In order to maximise the benefit, you need to invest before February 29th 2020. Here is a brief list of what’s available and the major benefits: Retirement Annuities…
An integral part of the financial adviser’s role is helping retired clients to draw a rising income from their investment portfolios. Most clients want to know that they will be able to live a dignified and independent retirement without sacrificing on the quality of life they grew accustomed to during their working years. However, the…
Financial planning isn’t only about facts, figures and market returns. It’s a process that we follow to give you financial wellness which re-frames your wealth and perceptions to add meaning and joy to your life. Financial wellness provides you with a sense of security and very significantly, freedom of choice. Here are some of the…
On Thursday, 7 February 2019, the President of South Africa, Cyril Ramaphosa, delivered his second State of the Nation Address (SONA) since taking office on 15 February 2018. Ahead of the event there was a lot of media speculation (locally and internationally) and debate about the likely content and tone of Ramaphosa’s speech, especially ahead…
In this newsletter, we discuss human behaviour and how biases and pride may work very hard against achieving financial freedom in retirement. We look at loss aversion, lifestyle creep, and very importantly how to manage your salary increase. It’s those little changes in our behaviour, such as implementing a debit order auto-escalation for investment contributions,…
