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
In previous essays, I've shown how most South African state-owned institutions are crumbling…
The SABC management and finances are in constant disarray, so is Eskom, Sanral, SAA, the postal service and the education system…
Just look at this quote from Robert McNamara, ex-president of the World Bank, during visit to South Africa in 1982.
"I have seen very few countries in the world... ››› more
There are a few different ways to grow your wealth.
You can save as much as you possibly can.
You can put it to work on the stock market.
Or you can start your own business.
If you want to start your own business, but keep putting it off, here's why you need to get the ball rolling today…
When is the right time to start a business?
If you have a business idea or two, you m... ››› more
Starting your own business from home may be a dream you have, but you haven't got round to making it happen.
Well it's time to make your dream a reality. You just need to know what's going to give you the best chances of success.
Read on to uncover the best home business ideas that work…
The difficulties of starting your own home business
Starting a business from home can allow y... ››› more
I'm not a big rugby fan. However, when it comes to the World Cup. I watch every South African game. I'm a patriotic South African. I feel that it's important to support our sports teams when we're playing in such important international games.
I get really worked up when the team wins and fails. I end up shouting, jumping and clutching the couch pillows out frustration and anxiety. And I know I... ››› more
Planning for retirement isn't an easy thing to do. There are so many choices about how you can save and invest for your future.
One option you have is to contribute to a retirement annuity.
So what exactly is a retirement annuity? And how do they work?
Read on to find out more…
What is a retirement annuity?
A retirement annuity is a way to save for your retirement.
You can... ››› more
Building wealth over the years may be something you dream of, but are you on track to achieve it?
If you're not, you may be wondering what you're doing wrong, and how you can get your finances on track and start building real wealth.
So how can you do it?
Read on to find out…
Five ways to create wealth
If you want to create wealth, here is what you need to do, Mark Ford in Pal... ››› more
If you're anything like me, not having enough money for retirement is something you worry about.
I feel I'm running out of time and don't have enough put aside so that I can look forward to a comfortable retirement.
So in searching for a way to ensure that I have enough put away for my later years, I came across a book called Start Poor, Retire Rich.
From reading this book, I feel I know ... ››› more
Your dreams of building your wealth by working for yourself can be challenging, yet profitable over the years.
The key is to always be looking at ways you can improve your business.
So how can you do this?
Read on to find out…
Eight ways to improve your business
Charisma can take you a long way. Think about a charismatic sales person you’ve come across. They likely made you b... ››› more
Water shortages are becoming a serious problem in South Africa. The lack of rain and ongoing heatwave is making the problem much worse. Gauteng and Kwa-Zulu Natal are in the middle of water restrictions while water reservoirs in the Western Cape are 20% lower this year.
The department of Water Affairs blames the water problems on poor planning, budget constraints and supply management challeng... ››› more
With the growth of the Internet over the past decade or so, we conduct so much of our lives online.
Many of our online activities involve money. Think about banking. You don't need to receive a statement via post, you can view it online. You don't need to visit the bank to transfer money, you can do it online.
But with this revolution comes the risk of losing your money to scammers. While th... ››› more
As much as I love writing about the financial markets and investments, I'm looking for other ways to increase my income.
Who knows what lies ahead and by having more than one income is one way to ensure that I'll always have money coming in to cover my bills and buy the things I need.
So I've been looking for ways to start a business from home that I can do alongside my writing.
My search... ››› more
Ideally from the moment you start earning money, you should follow key money management principles.
But for most of us, it doesn't quite work out like this. You have good intentions to save and budget, but you end up living month to month waiting for your wages to hit your bank account.
So what sort of money management should you be following?
Read on to find out…
Money management... ››› more
Regularly putting money aside into savings is a habit you should try to form as early as possible. If you haven't got any money in savings, it's time to start.
So what sort of things should you consider when saving?
Read on to find out more…
Ensure you regularly put money into your savings
The biggest problem many people have is not putting any money into savings in the first pl... ››› 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.