Q. “I have a set of rules for a strategy that I follow however, I have a problem. I can't seem to implement the rules like I should as greed and fear get the better of me… Do you have any tips that I can turn my trading rules into second-nature habits?”
A. This is an EXCELLENT question, and one I struggled to achieve for the first three years of trading.
You can easily have all the r... ››› more
The RMB/BER Business confidence index for 2018 Q1, rose sharply to 45, the highest level since 2015. A level above 50 is considered positive, but it's a move in the right direction.
As mentioned last week, improvements in investor, business and consumer confidence is the tail wind behind improving economic growth.
There are a few obstacles that could come in the way of increasing growth li... ››› more
Consolidated Infrastructure Limited (JSE:CIL) is one of those buy and hold for a decade shares.
The company had a mere R8.32 in net assets in 2011. Today they stand at R21.62 - nearly 200% growth.
CIL also grew revenues from R1.4 billion in 2011, to R4.5 billion in 2016. That's a whopping 221% revenue growth.
And it's profit growth has been just as remarkable as it rode the wave of exp... ››› more
Fifteen years ago, I didn't think this was possible.
Maybe it was for other people, but certainly not for me...
At the age of 20, I drove a red Golf Chico, earned R5,000 a month, lived in a tiny one bedroom flat in someone's back garden and couldn't afford to take an annual holiday.
Today, my life is totally different. That's because I understand the life changing power of earning, sav... ››› more
How many days do you work in a week? Five, six maybe even seven?
Do you spend 8 to 12 hours at work, drive home and then spend another 2 or 3 hours on your laptop?
Do you enjoy doing this?
I'll be honest. I was just like you. I spent 90% of my day working my fingers to the bone. I hardly saw my family during the week or even on the weekends.
Then, I burnt out.
I spent a week st... ››› more
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
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 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
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
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
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
Have you ever watched The Apprentice? It's a show I really enjoy. I love watching the candidates trying to impress Donald Trump to secure a job.
Watching this type of show also makes me think about how Donald Trump and others like him have made their wealth through business.
All businesses at some time of another started small. And through hard work, determination and a pinch of luck, the be... ››› more
Like cultural and social activities and practices, religious beliefs affect our value system and our decisions.
While it's interesting to speculate about the probable links between religions and economic performance, some economists have quite convincingly proven that there's indeed a strong link between religions and economic performance.
Here are nine ways religion can influence your finan... ››› more
I know you're looking for affordable ways to generate extra income.
Today, I want to introduce you to a low cost, high profit business that involves raising quail in your back garden.
Not only is this a great second income opportunity, this business idea has the potential to become your lucrative main source of income.
I'm so convinced that this business idea will work that I'm considerin... ››› more
The risks involved in maintaining a successful business are real. If you don't protect yourself from unexpected and destructive events, you could see all your hard work crumble.
It's important to secure the future of your business by making shrewd and informed short-term insurance decisions.
Here are five insurance secrets you can use to protect your business in the face of a deteriorating... ››› more
1994, apartheid ended and democracy was born. It was the beginning of a bright future for South Africa.
Over two decades of freedom, South Africa worked hard to revitalise the declining economy left by apartheid.
Between 1994 and 2013, the South African economy experienced positive growth in every quarter except for 2 of the 78 quarters. In both instances where the South African economy expe... ››› more
When you're starting your own business, you're usually focused on the obvious things like financial, business and marketing planning… Maybe you spend your time perfecting your products and services… and, while those are all good places to start, there are some lesser-known success factors that you need to be aware of…
I believe these factors are so crucial to your success, that I'... ››› more
Earlier today saw the release of the RMB/BER business confidence index. The data showed that business confidence is continuing to fall.
So what is putting pressure on business confidence?
Let's take a closer look…
The business confidence index falls to 36
Business confidence has hit 36 for the last quarter of the year, reports Fin24. This after the index fell “from 42 to... ››› more
Trying to plan for your future is difficult. You want to grow your wealth so your future is secure and that you'll have a comfortable retirement.
But how can you achieve this? You can't do it by slaving away in your current job. This isn't going to build wealth and a financially comfortable future.
You need to exposure multiple income streams.
Read on to find out more…
What are mu... ››› 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.