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  • Three common mistakes that can cost your retirement a fortune
  • I'm only 28 but I'm not like most under 30s… I constantly think about my future retirement nest egg. And its most likely because I've worked in the investment industry for eight years and surrounded by a lot older colleagues. I've also been lucky enough to attend a lot of our global investor conferences where I got to chat to people a lot older than me… People either preparing to retir... ››› more
  • [11 March 2019]
  • A “Retirement Plan B” you can't ignore!
  • Let me ask you a serious question… How many of you believe you have enough money to last your retirement? Well when you consider that over 50% of South Africans aren't confident they will be able to draw an income in retirement, I'm going to assume not many of you. You see, a standard retirement annuity is simply not enough to generate the income you need, for the retirement you want... ››› more
  • [04 March 2019]
  • Tax year end - Do these three things to reduce your tax liability
  • With just 12 days left of the tax year and the budget speech next week, this is the time of year, that you should be evaluating your investments and retirement savings and maxing them out as much as you can. While many people know they should be saving more for a rainy day and retirement, most of us are not. Using a few tax incentives can assist you a great deal now and years down the line. ... ››› more
  • [12 February 2019]
  • The right Tax Free Savings Account could make your children billionaires
  • Regular readers will recall I wrote an article a few weeks ago, which claimed that investing the full Tax Free Savings Account (TFSA) allowance for your new-born child would turn him into a billionaire by the time he retired. Even after the effects of inflation, this investment would mean R200,000 per month income, in today's money. An explosive claim, I know, but one that I can back up wi... ››› more
  • [15 March 2018]
  • Tax Year End: What you absolutely must do before 28 February 2018
  • Tax year end is fast approaching. This means, next week Wednesday, your tax breaks for the 2017/2018 year will expire. Fortunately, it's not too late to maximise all your benefits before you lose them. But don't worry, because today I'm going to show you how to do this… Three tax breaks every investor receives   As a private investor you receive three main tax breaks: ... ››› more
  • [22 February 2018]
  • How you can get a 100% tax refund - and grow your investment portfolio at the same time
  • I've been looking at ways to reduce my donations to the Nkandla Fund (SARS income tax)… I have no objection to pay tax - when the government that receives that money makes use of it responsibly. But that's not the case at this stage. And by putting off paying tax (legally) I can get my money to work for me faster than when I give nearly half of that away to the tax man. Now instead o... ››› more
  • [06 December 2017]
  • The latest Interest Rate cycle that could end in financial disaster
  • Have you ever heard of the saying, “Those who do not remember the past, are condemned to repeat it?” Well, humans can learn valuable lessons by looking back at historical events, but choose not to. And in many cases, we tend to repeat history and make the same mistakes. Think about how many financial decisions we've made that ended up in economic disaster. For example, the deci... ››› more
  • [22 September 2017]
  • ETF's are taking over the world - but are they as safe as everyone says?
  • In a recent report from ETF.com data released shows that the US have had $250 billion worth of cash inflows into ETF's during 2017 alone! According to an estimate by The New Yorker, around 20 percent of the market in the US is made up out of JUST ETF's. And “When you factor in “closet indexing”—when individual or institutional investors pursue indexing strategies without declaring... ››› more
  • [21 September 2017]
  • Why you need to think differently for retirement planning
  • It's never too early to start planning for retirement. And this means thinking somewhat differently about retirement planning for your later years. Have you ever stopped and asked yourself these questions? 1. How much will I need to save for retirement in order to live comfortably? 2. What are my retirement goals? 3. When should I start? 4. What should I do? 5. What costs might I... ››› more
  • [21 September 2017]
  • The little-known tax secret that can get you up to R23,800 tax-free every year
  • Consider this… In 1995, SARS collected just over R127 billion in tax revenue. Today, that figure stands at R1.14 trillion. By 2018, SARS aims to collect R1.26 trillion in tax revenue. In short, SARS is coming after more of your money. And they will do everything in their power to get their greedy hands on as much of your money as possible. But what if I told you… Th... ››› more
  • [21 September 2017]
  • Three festive driving tips to save you money and keep you safe
  • We live in such a vast and beautiful country and if you're like me, then you enjoy long driving holidays. I love the feel of the road beneath the wheels, the power of the engine and the ever-changing scenery on the journey. I love singing with my family and counting the windmills as we drive. But, I don't like pulling into petrol stations along the way and filling up my tank. It just costs... ››› more
  • [17 November 2016]
  • Three top ways to save money over the festive season
  • In two weeks we will be in December and that means the festive season is drawing close. The festive season is a time to look forward to, but it's also a time of year you may dread as the costs mount up from overspending. So how can you save money over the festive season? Read on to find out… Festive money saving tip #1: Work out how much you’ve got to spend Before you start mak... ››› more
  • [17 November 2016]
  • One way to save money over the festive season
  • It's not long until the schools break up for the holidays and the festive season will get into full swing. Whilst this time of year gives you time to spend time with friends and family, it can also be an expensive time of year. So how can you save money over the festive season? How about skipping a holiday and staying at home? Read on to find out more… The festive season is an e... ››› more
  • [13 November 2016]
  • Have you thought about what you're going to do with your bonus?
  • It's coming to that time of year when many people may have an end of year bonus to look forward to. Whilst your first thought may be to go out and splash it, you should resist the temptation. So what should you do with your bonus instead? Read on to find out… What you can do with your bonus There are definitely ways you can put your bonus to better work than splashing it on u... ››› more
  • [04 November 2016]
  • How to get ready for festive season with these money saving tips
  • We're already into November and with the festive season looming, you may already be worrying about how you're going to afford everything you need to buy. There are a few things that you can do now to help take the pressure off your finances next month. Read on to find out more… Festive money saving tip #1: Start stocking up on food In just over a month, the kids will be finishing ... ››› more
  • [02 November 2016]
  • The “fools” guide to passive income - How to make money while you sleep
  • I've spent days, weeks and even months researching all sorts of crazy passive income ideas. One thing that I've learnt is that it really is possible to make money while you sleep. To create streams of passive income, you should spend very little time setting up the income stream and sit back and watch as your bank account grows. It really is possible. Passive income is not a dream or a my... ››› more
  • [30 August 2016]
  • Eight reasons you won't have enough to retire - Here's what you need to do right now!
  • You won't have enough money to retire. I know I sound like the harbinger of doom, but it's a reality that you and most South Africans need to face up to. Now you might be asking, why am I saying this about you? Well, I am only looking at the statistics. The Financial Planning Institute of South Africa says less than a quarter of South Africans can afford to retire. If you think that's ... ››› more
  • [11 August 2016]
  • Nine essential investment tips every woman must know about
  • August is Women's Month. As South Africa celebrates the role women played in the liberation of the country against apartheid, the women of South Africa are now facing a new struggle. That's the fight for financial equality. Not only is the investment world still largely dominated by men, a large number of households still rely on men for financial security. The good news is that the stereo... ››› more
  • [11 August 2016]
  • Invest R1,200 a year and collect a 25% bonus for your children's education
  • Earlier this week I spoke to a new parent who only earns R8,000 a month. With a three month old baby, she was concerned that she wouldn't have enough money for her child's education when the time came to send the child to school. She could only afford to save R1,200 a year for her child's education and put her first lump sum savings into a 32 day savings account that gave her a measly 5% inter... ››› more
  • [22 July 2016]
  • One of the most attractive investment options for low-risk investors right now
  • The other day, while making my morning coffee, a work colleague asked me about an opportunity to earn an 11.5% return on a fixed-term bond investment. And she wasn't talking about RSA Government Retail Bonds. She was talking about investing in a Participation Bond Fund, specifically the FedGroup Participation Bond Fund. When you invest in a Participation Bond Fund, money is pooled with oth... ››› more
  • [21 July 2016]
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