As Winston Churchill once said “Never let a good crisis go to waste”, we believe investors should be ensuring they have enough exposure to offshore assets that will be a hedge against a “deeper crisis” and should be slowly buying depressed local assets if they have cash on hand. Most investors have been sitting on the sidelines not fully exposed to equities
You can't blame local invest... ››› more
The rand has only just broken back below the key R14/$ level and I can tell from the client flows going through our treasury desk, many South Africans are once again keen to get money out of the country.
The USD/ZAR exchange rate was well over R15/$ just a few weeks ago.
This means, the rand has firmed up around +7.75% in the last month-and-a-half. Put another way, that's about a year's wo... ››› more
Before Donald Trump escalated trade wars, which sent shockwaves through the markets, stocks were performing well overall.
The major US indices like the Nasdaq and S&P500 were flying.
Even the JSE All Share was showing good returns. From its lowest level to its highest, the JSE was up around 14%. A great comeback from 2018's negative return.
However, while stocks were making all the ... ››› more
The Steinhoff debacle hurt a lot of investors.
If you held Steinhoff shares before the crash - you'd be down around 97% on your money today.
And the chances of ever recovering all the losses are close to zero…
But what you should know is that situations like this can be avoided.
There are at least four clues to follow that are warnings signs of an impending disaster like that of ... ››› more
In September 2014, Anchor Capital's shares closed 75% higher from the day it listed at a price of R2. The next day saw it close another 28.85% up. Investors dubbed it the “new kid on the block” as asset managers pushed it higher week after week.
After six months, investors who secured the stock at R2, gained 300%. The share price defied gravity to hit a high of R18.99 prior to Nene-gate; ... ››› more
Since my last article on the subject of structured products I have received a number of enquiries from readers asking for more information. Due to the overwhelming response I decided to do this follow-up article and go over the most frequently asked questions.
First, for those who may not have read the original, here is a brief recap. I discussed a currently available structured product with ... ››› more
“Triple Witching” refers to the combined expiration of the Index futures, Index options and stock options. In the UK and US this happens on Friday's, but in SA it happens a day earlier on Thursday. The event typically creates increased market activity and in some cases volatility.
Global markets were relatively subdued for last week's expiry, the US, UK and European majors were firmer by b... ››› more
In this uncertain environment, investors want capital protection while not wanting to miss market performance.
Normally as an investment advisor, I would say it is impossible to have both, security and market exposure.
But the good news is, there's now a way to tap into an investment that provide exactly this.
This investment is only available for a limited time. So you... ››› more
Just imagine the shock I got when I read that, “59% of TFSAs have been opened at banks, and the majority of investments are in cash.”
Really? Cash investments? That really worries me.
Think about this…
Investing in a tax-free deposit account from the major South African banks will give a return between 6%-8%. But consider that inflation is sitting at 6.1% and not going to stop th... ››› more
Investing in South Africa today is proving to be a challenge for even the best investors. We have to deal with constant attacks to our investment capital.
Scam artists, investment fees, taxes, increasing cost of living as well as political decisions both local and internationally all seem to be aligned to do one thing, eat away at the wealth we are trying so hard to build.
The current situ... ››› more
If you've been acting on the share recommendations the FSPInvest team delivers every month in publications like The South African Investor, Real Wealth and Red Hot Penny Shares, then you're probably making handsome investment returns right now.
Soon, these investment returns will spark interest from SARS, and soon they'll come knocking asking for their share of your profits.
Your broker is... ››› 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
On Friday morning, I sat down and had a chat to Nick O' Connor who is the associate publisher of Capital and Conflict daily e-letter.
We met up at the Money Week office here in Southwark, London.
It's really beautiful here in Southwark, London. Everything seems to work perfectly. No electricity, water and internet problems. It's just a fully functioning country, with the most beautiful monum... ››› more
Capital Property Fund is a property fund focusing on all sectors of the commercial property market. The company has a listing on the Johannesburg Stock Exchange…
Full name: Capital Property Fund Limited
Short name: CapProp
Sector: Real estate – real estate investment trusts
Five top facts about Capital Property Fund
Capital Property Fund’s property portfo... ››› more
Capitec Bank Holdings is a bank offering a simple banking solution to its customers. The company has a listing on the Johannesburg Stock Exchange…
Full name: Capitec Bank Holdings Limited
Short name: Capitec
Sector: Banks - banks
Five top facts about Capitec Bank Holdings
Capitec Bank Holdings employs over 10,200 people. The company has 668 branches servicing... ››› more
If you want to invest on the stock market, the lure of making money is probably your number one reason.
There are two ways that you can make money from investing in shares.
So what are these two ways?
Let's take a closer look…
How to make money from investing in shares: Capital gain
This is probably the first way that beginner investors think they can make money from investing ... ››› more
When you're seeking out shares in invest in, you want to give your cash the best chance of success.
One factor that will help a company thrive is its edge over the competition.
So how can you measure this?
Have a look at a company's return on invested capital…
What is return on invested capital?
Return on invested capital may seem a bit complicated at first, but once you’re ... ››› more
If you're looking for good investment opportunities, you need to delve into the financials of a company.
You want to check out aspects like a company's cash situation and how much it generates.
Another vital aspect is how efficient a company is with its capital. The more efficient it is, the more a company's shareholders benefit. And this is good news for you.
So how can you see how effic... ››› more
Capital & Countries Properties, also known as Capco, is a real estate investment and development company with its assets in central London. It's one of the Johannesburg Stock Exchange's top 40 companies…
Full name: Capital & Countries Properties Plc
Short name: Capco
Sector: Real estate – real estate investment & services
Five top facts about Capital & Countries Propert... ››› more
Transaction Capital is a financial services company specialising in lending and credit services. The company has a listing on the Johannesburg Stock Exchange…
Full name: Transaction Capital Limited
Short name: Transcap
Sector: Financial services – financial services
Five top facts about Transaction Capital
Transaction Capital is a financial services company... ››› 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.