Last week, we discussed how through one simple switch we managed to save our clients a cumulative 71% in 2016.
But this year we're going to try and do it again. So let's compare the investment cases of The Foschini Group (TFG) and Woolworths (WHL).
These companies share similarities in that they're both involved in apparel retailing in South Africa but have very different strategies when i... ››› more
As I predicted last year, 2016 was a year of consolidation. Our market went nowhere. But shares are much cheaper today than they were a year ago.
And that makes me optimistic about 2017.
But there's one industry in particular that I've got my eyes on.
It was arguably the worst sector for 2016.
One of the worst droughts in decades hit South Africa. Farmers lost crop... ››› more
Do you know the difference between minimum investing and low-cost investing?
Well, most investors would usually say they're the same thing. But this is far from the truth.
Low-cost investing deals with the investments associated with investing your money, while minimum investing implies the least amount of money you can invest.
In fact, failure to understand this can actually lead to... ››› more
Happy new year everyone, I hope you all had a good break and did tons of holiday shopping for your friends and family!
Why? Because yesterday marked the beginning of the retail reporting season. And, in the next couple of weeks we're going to see just how much South African's spent at the shops in December.
There is no doubt the market is expecting a super tough Xmas period for the beleag... ››› more
2016 has been a year many will quickly forget, but for the shock results of the Brexit vote and the US elections; it was a year where many cans were kicked down the road.
Global growth remained benign and potential silver-linings have yet to gain material traction because of lingering uncertainties such as the future US foreign policy, the tensions in South East Asia, lingering debt problems i... ››› more
Forget South Africa, Nigeria is growing at such a fast rate, in fact, economists expect Nigeria to overtake SA and become Africa's biggest economy. Don't wait for that to happen before you invest in Nigeria. Here's a home-grown smart investment you can make today…
“Economists expect Nigeria, already the continent's most populous nation and largest oil producer, to overtake South Africa ... ››› more
There are many widely available tools, tricks and techniques that will help you spot good businesses that are likely to increase in value.
But do you know how to spot companies that are going bust?
Well if there's one person who does, it's Scott Fearon.
An extremely successful money manager, Scott Fearon has shorted more than 200 companies that eventually ended up at zero. And spotting th... ››› more
3 to Buy
We're expecting positive results to boost this retailers share price
Yes, we have mentioned Steinhoff before, the stock has fallen significantly since June. They will release financial results later this week. We expect more clarity on the impact of Brexit and the acquisitions. Positive results will give the current price a lift, Buy Below R64,00.
A rare opportunity to ... ››› more
The producer price index, non-farm payrolls, new housing starts, gross domestic product….
The list of economic indicators released monthly is massive.
The South African Reserve Bank alone releases a four-page report with more than 110 different economic indicators each month. That's not even considering international indicators.
So, which of these indicators should you keep an eye on, a... ››› more
Think Berkshire Hathaway and the first person that comes to mind is Warren Buffett.
But did you know much of Buffett's and Berkshire's success was down to his partner?
His name is Charlie Munger and he's the Vice-Chairman of Berkshire & Hathaway.
Before Munger partnered with Buffett, he managed his own investment partnership, which averaged returns of 19.8% a year from 1962 to 1975 beatin... ››› more
The JSE All-Share Index is just 10% off from its all-time high.
It's sitting around the highest PE level of all time for the index, at 23.24.
At the same time, US markets are at all-time highs, and interest rates are threatening to go up.
With this in mind, I was recently asked by an investor, whether the JSE is overvalued and set for a massive correction.
So, should you hold on or sel... ››› more
In the past 24 months the JSE All share index has been unable to lift itself out of its sideways channel.
In the last two years it only managed to deliver a 1% move for investors. The trading environment in the local market has been tough to say the least.
There has been a slew of socio-political upheavals, both internationally and locally, that have negatively affected the market.
With j... ››› more
Normally at a company's end year function, they make a reservation at a restaurant and have drinks and dinner.
Not here at FSP, which is the company I work at.
The team decided to go to Sky Bar at Pineslopes in Fourways.
You can choose between a bunch of activities to do there.
Abseiling, Rock Climbing, Bungee Jumping or you can just chill, drink and eat at the Sky Bar.
At first I s... ››› more
Put yourself in this situation…
You have R20,000 to invest. You decide to buy a stable growth company and an undervalued share with explosive potential.
In six months' time, the stable growth company is up 50%, while your bargain buy is down 20%.
Now a 50% return in 6 months' from just one stock sounds incredible - That's R5,000 in your pocket for doing nothing. You decide you don't wan... ››› more
When I say trader what do you think about?
How about a stressed out guy with over four screens, screaming every time he gets in and out of a trade?
How about a guy who's pulling his hair out at the thought that he's losing his wealth very quickly?
How about a guy that has tons of charts, calculators and pieces of paper on his desk to do complicated maths sums with his trades?
This couldn'... ››› more
JSE All Share marginally positive, up 0,7%
After several volatile weeks, due to policy uncertainty, some calm appears to have returned to the markets. The JSE All Share Index was up 0,7% last week. Resources were down 3%, while Industrial's up 1,8% and Financials' up 2,5% lifted the markets overall.
Brent Crude up 5%
Russia indicated it would support a cut in output if adopted by Opec. Ma... ››› more
23 years ago, two brothers, David and Tom Gardner, founded and built one of the world's greatest investment communities - The Motley Fool.
Reaching millions of people every month through a website, books and the newspaper, they give independent financial and investment ideas to help ordinary investors make a lot of money.
But these brothers are more than this.
They've published best-selli... ››› more
Dear MoneyMorning reader,
US Stock up 3%, Emerging Markets down 4,5%
US Stocks recovered from sharply lower levels after a reconciliatory speech from President elect Donald Trump which eased market fears; Energy and Industrials were the leaders based on his plans for infrastructural development.
Emerging Markets have been left out in the cold as investors evaluate the impact of a Trump p... ››› more
In two weeks we will be in December and that means the festive season is drawing close.
The festive season is a time to look forward to, but it's also a time of year you may dread as the costs mount up from overspending.
So how can you save money over the festive season?
Read on to find out…
Festive money saving tip #1: Work out how much you’ve got to spend
Before you start mak... ››› more
It's been a tough few years for the construction industry but now that Donald Trump is president of the United States things are starting to look up.
The Trump presidency is turning out to be very bullish for the equity markets and especially the construction sector which will be helped by the new fiscal policy stance.
Today's FTSE 100 stock has been touted as a potential beneficiary from an... ››› 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.