Here's something you might agree on…
Investing is hard!
If it were easy, I guess, everybody would be rich.
But as investors, we often make it harder for ourselves to make money and grow our wealth - especially when we continuously fall into - often easily avoidable - investment traps.
Today I'm going to share two common ones, and how you can avoid them...
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What a month it's been, especially last week!
We saw giant companies like Tongaat, Lonmin and Basil Read suspend their shares.
These are companies that have been around 30 to 127 years and now they're being taken off the JSE.
And despite this mass culling, the JSE is still rising to new highs.
In this article we'll briefly catch you up on what happened in June with the m... ››› 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
South Africa has just officially entered a recession.
GDP figures for the first quarter of 2017 show a GDP contraction of 0.7% quarter on quarter, and it follows the fourth quarter of 2016 which saw a 0.3% contraction…
This is the first time since 2008/2009 that South Africa's entered a recession, which is defined as two quarters of negative GDP growth.
So if our economy isn't growin... ››› more
Drive through Sandton, Rivonia, Sunninghill or on the N1 between Pretoria and Johannesburg and you'll see literally hundreds of new office buildings, malls and smaller shopping centres being built.
And following a recent drive through Cape Town and Somerset West I saw the same thing.
Buildings are popping up everywhere.
The FNB/BER Building Confidence Index just hit its highest level i... ››› more
When Afrimat listed in 2006, it focused only on building materials. Had it remained this way, it would have been in big trouble.
However, early diversification let it supply contractors working on large infrastructure projects. And during the financial crisis and the subsequent recession, it chose to diversify further, with less reliance on government infrastructure spending.
The company did... ››› more
The financial crisis hit property markets hard across many regions of the world. In Europe, the crisis left its mark, with some countries seeing property prices topple 50% within a couple of years.
But things are changing. And for the savvy property investor, there could be great profit opportunities from the continuing recovery.
So where is property looking ripe for investment? And how can ... ››› more
WG Wearne is a supplier of materials to building and construction companies. The company has a listing on the Johannesburg Stock Exchange's AltX…
Full name: WG Wearne Limited
Short name: Wearne
Five top facts about WG Wearne
WG Wearne employs around 600 people across its operations.
WG Wearne has a listing on the Johannesburg Stock E... ››› more
Investing offshore can have a number of benefits to your portfolio.
You can reduce your overall risk by investing in different countries. And you can invest in companies not listed on the JSE.
So if you're looking for a suitable company to invest in offshore, how can you find it?
Read on to find out…
Three ways to narrow down your search for an offshore company to invest in
I... ››› more
Exchange traded funds (ETFs) offer you a cost effective way to invest.
Through the different types of ETFs available, you can gain exposure to a number of different shares and sectors.
So what sort of ETFs are available to invest in?
Let's take a closer look…
ETFs that hold the largest companies of the JSE
Making up the Top 40 Index of the JSE are South Africa’s biggest comp... ››› more
Dividends matter to a lot of investors.
If you have a lot of dividend paying stocks in your portfolio, you'll want to check whether they're likely to continue. And if you're about to invest in a stock because of its dividend, you'll want to check the likelihood of the company continuing to pay it.
So what can you do to check?
There are a couple of things you can do. Read on to find out wh... ››› more
The metalworkers strike is now in its fourth week. But it looks like an end is in sight after employers accepted a new wage deal today.
The National Union of Metalworkers of South Africa (NUMSA) and other unions have until the end of the week to accept the new deal.
But the employers' representatives say the deal comes with a cost. Let's take a closer look…
The new wage deal sees wage h... ››› more
Yesterday, construction and engineering company Aveng announced that it had launched R2 billion in bonds.
The company plans to use the money raised from the bond sale to repay debt and fund further expansion.
Aveng's share price fell on the news.
Let's take a closer look at what's going on…
Aveng’s bond coupon rate is set at 7.25%
In a SENS announcement, Aveng said it “placed R2... ››› more
Retail shares have crashed this year, the unsecured lending bubble has popped and mining shares are going nowhere slowly as workers keep striking…
With the market looking like this, what should you invest in?
Well, what about the one sector making a comeback?
Back in 2009 one of the largest construction companies, Murray and Robberts, was worth R50 billion. Today the WHOLE construction ... ››› more
After workers downed tool three weeks ago, a new wage deal brings the strike to an end. Earlier today, the National Union of Mineworkers (NUM) said that the strike was over. Let's take a closer look at the wage deal between the union and the construction industry…
Earlier today, the NUM said that “it had agreed to a deal for wage hikes of up to 12%,” reports Fin24. This deal with the const... ››› more
The Competition Tribunal sanctions the Competition Commission's settlement with the construction companies guilty of bid-rigging. After addressing the legal side, the companies in question now have to pay their fines, amounting to R1.46 billion…
Yesterday saw the Competition Tribunal confirming “settlement agreements reached” with construction firms “fined for collusive tendering,” say... ››› more
Following bid-rigging by construction firms over World Cup tenders and other projects, yesterday Corruption Watch said that directors of the firms who had knowledge of the collusion should face prosecution. At the end of June, 15 construction firms agreed to pay fines amounting to R1.46 billion by the Competition Commission. But it looks like this saga is anything from over…
Yesterday, saw a h... ››› more
After much publicity surrounding the construction ‘cartel's' bid-rigging, the Competition Tribunal published some documents relating to the investigation. Read on to find out more about what's going on…
In documents published by the Competition Tribunal, “seven major construction and engineering firms met secretly in 2006 to allocate tenders” for projects for the World Cup, reports Fin24... ››› more
South Africa's power supply is under huge strain. And with news that there's going to be a delay in getting Eskom's Medupi Power Station on line, it's clear the country's current electricity deficit is only going to get worse. Now Sasol's latest gas powered plant is putting the electricity giant to shame by showing Eskom how to complete a project ahead of schedule…
Eskom made waves on Monday ... ››› more
Ask anyone what they're investing in this year and you'll hear a wide range of opinions…
"Mining shares are just so cheap you can't avoid them!"
"A new consumer is born every 3 seconds - you need to buy retailers"
"Our banks are in a much better place than international ones; this is a good time to buy"
But the one sector I haven't heard anyone discuss lately is construction. Granted... ››› more
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