A couple of weeks ago, I went to a car auction. I saw people snatching great car deals that even baffled the commission-incentivised auctioneer! Some of the cars were literally selling for about half of what I knew the retail value to be. I was stumped... I know they say “In war, there are no winners”… But believe me, after what I saw - in bidding wars - there certainly are. Today I'll reve... ››› more
If you know just a few simple tricks you can take control of your own retirement back from your financial advisor - and save a small fortune in fees at the same time. Today, Aiden Sookdin speaks to the experts and explains exactly how to set up your own fool-proof retirement savings plan - DIY style. It's a lot easier than you may think. Just follow this simple four-step plan and you'll be well on... ››› more
Eskom's admitted that it's struggling to keep the lights on. Existing power stations don't produce enough power to support demand.
The coal industry and leading mining media are not convinced that Eskom will get enough coal to run its power stations.
When this happens, the blackouts we know so well will get worse. And we'll be paying Eskom even more because tariffs are constantly increasing.... ››› more
According to Bloomberg, a whopping 8 out 10 new businesses FAIL in the first 18 months.
But there's a special kind of business model that has a 90% chance of success.
Here's how you can be a part of the right statistic…
A fundamental reason why ordinary start-ups fail is because they go into it alone. The lack of expertise, experience and funding ultimately cripples these entrepreneurs... ››› more
Do you know your magic number?
It's the number you need to retire one day or simply to live the lifestyle you want in say, the next 10 years?
It's a fact that by the time a person reaches retirement, sixty percent will not have enough money to live on.
If you're like me, I'm sure you don't want to be part of this statistic and even if retirement seems a long way off, maybe you're more ... ››› more
It started out as an informal short-term savings scheme in the 1800s. Since then it has evolved into a R49 million investment vehicle that services about 8.6 million South Africans.
This revolutionary system allows people to save money for groceries, school fees, funerals and even lavish holidays. With a minimum of 11 savers in each group, this underground system encourages trust between membe... ››› more
To find out if trusts can help you protect your family's financial situation after you're gone, Aiden Sookdin spoke to one of the foremost trust experts in South Africa, Albert Vorster, Senior Fiduciary Specialist at Momentum Trust Limited. Here's what you need to know...
Albert agrees that trusts are still relevant for effective estate planning, asset protection and generational continu... ››› more
Last month, I had the privilege of speaking to Gary Booysen as we prepared our articles for The South African Investor publication.
I was fascinated by the history lesson Gary gave me about the evolution of the hedge fund industry. I realised that the investment world is riddled with complex structures, obscure products, puzzling regulations and often downright confusing terminology.
But, ... ››› more
No matter what you financial situation is, there's nothing more devastating than seeing the Sheriff auctioning off your business, home and other assets because you lost your job or a business venture you put your heart, soul and life-savings into went bad.
That's why it's vitally important to make sure your assets are protected from creditors in the event of any unforeseen eventuality like inso... ››› more
So, you think that during retirement you can rely on your investment income to keep you going. Well, what if you find yourself dipping into your actual investment capital to make ends meet?
The danger is, each time you take cash from your investments, there's less capital invested to generate income.
That's why today, I want to show you how an ultra-low risk investment to help you generate... ››› more
Unit trusts are solid investments. They deliver safe, long-term gains and take the worry of investing your money off your shoulders.
But what makes a good unit trust?
Let's take a closer look at what you should be looking for when deciding on a unit trust investment.
It all starts with what you want...
Before you invest in anything, you need to know what you expect to achieve from ... ››› more
The best legal way to make sure you don't lose your money is to distance yourself from it.
Let me explain...
Putting your assets into a trust means that you don't personally own them anymore. The assets are held in trust for the benefit of the beneficiaries. The trustees simply manage these assets. When everyone involved signs this contract the Mater of the High Court registers the trust. ... ››› more
Are you tired of being broke? I know that at one point in my life, I certainly couldn't handle. I turned every cent over twice. I even had to turn down parties, holidays and family gatherings because I just didn't have the money.
And I know I'm not the only South African who knows what it is like to be broke. Fortunately, I managed to dig myself out of by broke hole and today I live a life free... ››› more
Every day I meet new people who continuously worry about the markets trampling on their investments. People feel anxious that investing won't give them enough to survive.
You see, retirement plays on most people's minds. And in today's times, the sad thing is, a retirement annuity isn't enough to retire comfortably and support your family.
What it really comes down to is answering these two ... ››› more
One of the keys to successful income investing is proper asset allocation, how you balance your portfolio among stocks, bonds, cash, real estate, commodities, gold, and other investments. And asset allocation is not just for your investment portfolio. The can apply the same strategy to your retirement nest egg. Read on to discover the number one way to protect and grow your retirement nest egg… ... ››› 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.