If it all hits the fan and the market goes downhill, does your investment portfolio have enough protection?
Most people can't give a confident straight answer of “yes”.
And this is a big problem.
But relax, because you can kick this problem to the curb.
By using a concept that is described by Editor at Stansberry & Associate, Dr David Eifrig Jr as, “100 times more imp... ››› more
Local markets were slightly firmer across the board last week, assisted by some Rand weakness and better commodity prices. US markets were slightly softer, the UK rallied 1,8% while Europe was flat.
US economic data did not meet expectations, which has called the pace of continued rate hikes into question. The US dollar gave up ground against most major currency pairs. Political uncertainty re... ››› more
The Davis Tax Committee (DTC) has issued an invitation for submission, by the public, on a proposed South African wealth tax. You are likely familiar with taxes on income (PAYE) or even spending (VAT), but you have likely never encountered a true wealth tax.
A wealth tax, as the name suggests, is a tax on your wealth.
There are three basic forms discussed in South Africa. The first two, de... ››› more
News flow seems to have subsided for now, markets continue to grind gradually higher. The JSE added 1% last week on the back of stronger commodity prices; Brent recovered 3,4% after trading softer for several weeks.
Internationally, markets continue in a holding pattern; testing new highs. Commodities are responding to a weaker dollar and US Markets stumbled for the second time on new challen... ››› more
Last year in MoneyMorning, I wrote about “How unicorns” are the next “Tulip Bubble crisis.”
“Unicorns” are the name given by Silicon Valley to private start-up tech companies that have valuations of $1 billion or more. They're usually categorised as innovative, high growth companies.
But as I explained last year, many institutional investors pile cash into “... ››› more
Every time you get paid a dividend you need to pay dividend withholding tax on it.
That means, if you own 10,000 shares in a company and it pays you a dividend of R1 a share, instead of receiving R10,000 in dividends your dividend withholding tax will be deducted first.
In the past it was 15%.
But since March 2017, dividend withholding tax has been increased and now sits at 20%.
Th... ››› more
With the success Famous Brands has had in the last decade scores of investors have flocked to similar ‘opportunities' in the food sector.
Taste Holdings was probably the most exciting of these opportunities.
It owned Scooters Pizza, and Maxi's.
And when the company announced it would acquire The Fish and Chip Co in October 2011, its share price started a boom from 150c, to 450c in 2013.... ››› more
Today I'm going to prove how a simple computer virus gives investors - who know where to look - a great opportunity to make money.
It sounds unbelievable, doesn't it?
But it's true.
In just a few moments…
I'll explain exactly how a cyber-computer virus could drive one investment's prices to new highs, and make savvy investors a fortune.
Let me explain…
***********... ››› more
Last week local news was dominated by developments around the #Guptaleaks. New revelations seem to jeopardise President Zuma and that served to strengthen the Rand. To top it off, S&P held our foreign currency rating a notch below investment grade, which drove the Rand below USD/ZAR 12,80.
At about the same time, President Trump pulled out of the Paris accord, still denying any link with clima... ››› more
South Africa has just officially entered a recession.
GDP figures for the first quarter of 2017 show a GDP contraction of 0.7% quarter on quarter, and it follows the fourth quarter of 2016 which saw a 0.3% contraction…
This is the first time since 2008/2009 that South Africa's entered a recession, which is defined as two quarters of negative GDP growth.
So if our economy isn't growin... ››› more
Right now, the world is experiencing an unprecedented revolution.
No I'm not talking about a political or economic revolution.
I'm talking about a technological revolution that will fundamentally alter the way we live, work, and connect with one another.
In fact, this transformation will be unlike anything mankind has experienced before. And it's only just begun.
Today I'm going to... ››› more
Global Markets are busy digesting the UK election results, which indicated the Tories have lost their small majority. The UK now sits with a Hung Parliament, which will see the UK enter the Brexit negotiations set to start next week on the back foot. It will be interesting to see if the EU takes a harder line with them than previously expected. The weaker pound should buoy the FTSE. The ECB left i... ››› more
I receive dozens of questions from investors every day, from how to diversify my portfolio, leverage my profits through compounding or just simply how to get started in investing….
A lot of these get answered through my daily letters to you but I recently received these two questions which I wanted to draw your attention to.
Question #1: "If I originally invest R10,000. And on a particu... ››› more
The JSE's Top40 index closed the first half of the year slightly positive at 0.8%. The Industrials were the leaders of the pack as the only major sector to rack up a positive return of 6.4% while resources were underwater by 9.6%.
The entire market has been propped up by a handful of top performing shares like Naspers, Richmont, BATS, BidCorp, Mondi and Capitec. The interesting thing to note i... ››› more
Over the past three years the JSE has gone nowhere!
On 4 July, 2014 the JSE All-Share Index stood at 52,060 points.
By the end of 3 July 2016 the same index stood at 52,164.
And yet it's PE is near an all time high of 19.94.
This makes the index ridiculously ‘expensive' and the average investor extremely despondent, crying where's the value.
But I'm hear to tell you, there's ... ››› 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.