I know what it feels like to be stuck behind a desk, earning a pittance and despising your existence. But I changed the way I live my life. I took a calculated risk that paid off. Today, I am writing this letter to you from my home office, while watching my kids through my study window as they play outside.
I want you to be able to experience this level of freedom too. Spending more time work... ››› more
When I look at the financial education I received at school and university, I always wonder how different my life would be today if I had better quality information.
Where would you be if your teachers, parents and mentors taught you more about managing money, the stock market, investing, savings and general day-to-day budgeting?
How different would your life be today?
Let's take a clo... ››› more
If the statistic that 50% of all marriages end in divorce is accurate, it means that South African couples need to pay close attention to the way they manage their finances.
Whether you're just starting out or already in a steady relationship, you and your “better” half must manage your finances effectively so that it doesn't destroy your relationship.
To help you succeed, I've found f... ››› more
Ah South Africans! Blinded by politics, multicultural in every way, revered by the world... But man, do we suck when it comes to money?
We're a country of proud people. We've survived some of the most severe political turbulences the world has ever seen. We beat it all. Despite all the challenges our country still faces, we have a proud heritage.
Maybe that's why so many of us refuse to adm... ››› more
It's a global argument that continues to gain traction and plague most fund managers. Crucially, today this argument is becoming more prevalent in the South African financial industry.
I'm talking about performance fees.
Should they be removed? Are investors getting their money's worth when investing in a fund?
There's a growing consensus that performance fees only benefit the fund man... ››› more
Times are tough and they're only going to get worse. According to the department of energy, you can expect the price of petrol to go up by at least 11 cents per litre tonight. Diesel will increase by 42 cents per litre. The price of paraffin is going up by 43 cent per litre.
The main reason for the fuel price increase is related to the fact that petroleum product prices are going up. Fortunatel... ››› more
According to biomedical gerontologist, Dr Aubrey De Grey, the next person to live to the ripe old age of 150 has already been born.
What if that's you?
What if you live till 80 or 100? Will you have enough money to last you that long after you retire?
Ten or twenty years ago, collecting your last paycheque at the age of 65 was a reasonable expectation. But as life expectancy and the co... ››› more
Financial advisers are a dime a dozen in South Africa. Walk into any investment firm and you'll find them, sitting behind their fancy desks in their tailor-made suites and large offices crunching numbers.
They come across as bold and confident and in some cases; their knowledge of the investment environment can be intimidating. But just because a financial adviser looks like he knows what he's... ››› more
If you've been acting on the share recommendations the FSPInvest team delivers every month in publications like The South African Investor, Real Wealth and Red Hot Penny Shares, then you're probably making handsome investment returns right now.
Soon, these investment returns will spark interest from SARS, and soon they'll come knocking asking for their share of your profits.
Your broker is... ››› more
On my trip to London last year, my international colleagues from the MoneyWeek offices discussed an interesting concept that was secretly emerging throughout the world.
They called it “The War on Cash”. Simply, it's a sinister scheme already being actioned throughout the global financial system, which allows governments and Central Banks to keep borrowing, and transfer your wealth into the... ››› more
If you want to start investing but you don't know where to start. I want to show you five ways to save enough money so that you can start investing your money as soon as possible.
Most people believe that it's difficult to save your money but this isn't true. You just need to take a good look at your financial situation and the services at your disposal to find the money you need.
Sometim... ››› more
There are so many things you need to consider when planning for your retirement.
Of course, there's the obvious retirement planning concerns, like how much you earn and how much debt you have but there are other factors that could leave you scrambling around trying desperately to build up your retirement savings.
To help you prepare for your retirement, I've found 20 of the most common ret... ››› more
Remember to fill your tank on your way home from work tonight. Due to the weakening and the price increase of petroleum related products on international markets, the price of petrol is increasing at midnight tonight.
The petrol proce will increase by 52 cents a litre and the diesel price will rise by 76 cents tomorrow. As long the rand continues to weaken against the dollar, you can expect th... ››› more
The situation is more serious than we thought...
As you'll see in a moment, it's become clear that South Africa is headed for a recession.
SA government economic policy has been doing very little to improve the state of our economy and now, the South African economy, consumers and investors are paying for the sins of our decision makers.
But all is not lost...
Due to the severity of... ››› more
The investment environment in South Africa is leaving many investors confused. Nobody seems to know what to do anymore.
It's not always easy to figure out what to invest in when rumours of a looming recession and a falling rand are circulating the markets. That's why the FSPInvest team of investment experts spend hundreds of hours a month researching the best opportunities and shares to add to... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.