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
Major news websites like Bloomberg, Forbes, CNBC, Moneyweb have been ranting about gold's major rally. It's gained more than 20% so in 2016.
Even here, in MoneyMorning, we've been punting gold as a crucial investment to own in 2016. I've been jumping on the gold wagon myself since 2015.
But today I don't want to talk about gold.
I want to talk about another lucrative alternative inves... ››› more
In the five years before Warren Buffett bought Coca Cola, its share price rose an average 18% per year even during the Great Depression.
When Buffett Bought Coca Cola, he paid a massive 30% premium for its earnings and a 50% premium for its cash flow compared to its sector's average.
But Buffett simply didn't care. In fact, his investment in coke grew nearly 16 times over!
So why did B... ››› more
From 1929 to 1939, the deepest and longest-lasting economic downturn in the history demolished the Western world. This was a period of rampant speculation which led to a market crash of epic proportions - known as The Great Depression.
In just three days, the Dow Jones sank from 400 to 145 wiping over $5 billion worth of market cap.
During this volatile period, one of the greatest investment... ››› more
Unit trusts are solid investments. They deliver safe, long-term gains and take the worry of investing your money off your shoulders.
But what makes a good unit trust?
Let's take a closer look at what you should be looking for when deciding on a unit trust investment.
It all starts with what you want...
Before you invest in anything, you need to know what you expect to achieve from ... ››› more
Are you tired of being broke? I know that at one point in my life, I certainly couldn't handle. I turned every cent over twice. I even had to turn down parties, holidays and family gatherings because I just didn't have the money.
And I know I'm not the only South African who knows what it is like to be broke. Fortunately, I managed to dig myself out of by broke hole and today I live a life free... ››› more
Imagine this…
You invest your hard-earned cash into a fund to help grow your retirement portfolio, but in a mere 2 days, the fund you've invested in loses 66%.
This happened to investors in the Third Circle MET Target Return Fund in December.
What's more, Asset Managers who invested in this fund also lost a fair chunk of their portfolio.
That's why today I want to share the three red... ››› more
Read the news around you…
Taxes are rising, independent, unbiased financial advice is disappearing, and poorly managed pensions and equities are destroying people's savings.
The fact is, less than 20%, of the more than 800 unit trusts in South Africa, beat the market. So much for the abilities of these expensive ‘experts'…
Here's an example of the performance of, my investment fu... ››› more
When I began investing, I used to buy and sell shares without even knowing exactly what the company did.
And my game plan couldn't have been more straightforward: If the share was moving higher, I bought it. If the share was falling, I sold it. I simply didn't care about the economics of a company.
This wasn't much of a strategy though. But with experience came an understanding that I need... ››› more
Back in 2003, I had such ridiculous expectations when I first started out trading. I thought I could turn R30,000 into R60,000 rand in just one month. I was at a stage in my life where ego controlled my trading decisions. Because I had this incredible power to trade on the stock market, I felt like a trading emperor. I imagined I never had to work another day in my life! But in the first two years... ››› more
I've experienced a few occasions where I believed I was investing in the right company at the right time... Only to see its share price plummet.
But as an investor sometimes you'll lose out - that's a big part of the experience. But the most important part is how you learn from these mistakes. That's why I look for these three indicators that tell me when a share is about to plummet.
Read on... ››› more
It doesn't matter if South Africa is destined for disaster!
Yes, the markets are up one day and down the next and the JSE‘s searching for direction. And the financial media is reporting on every bearish investment expert they can get their hands on!
But this is why you mustn't follow the crowd. Especially mainstream media, they thrive on delivering negative news.
Obviously there are som... ››› more
When Buffett bought Berkshire Hathaway in 1965 for about $12 a share, it was a textile company and one of the largest employers in New Bedford, Mass. It then quickly became Buffett's acquisition vehicle.
With years of incredible growth behind its name, the company now sits at a stock price of $210,200.
It's no secret that Warren Buffett is one of the most successful investors the world has... ››› more
Normally when I write about the rand, I expect the rand value to drop big time.
• In 2013, I told you how the rand was going from R9.00 to R10.50 to the dollar.
• In 2015, I showed you how the rand was going from 11.00 to R16.00 to the dollar
• And now I'm about to reveal where I expect the rand to go from R16.00
Fortunately over the years, every time I made a rand prediction it worked ... ››› more
When markets are as volatile as they are at the moment, the old strategy of ‘buy and hold' can become a thorn in the side for investors.
Over the last year, the market traded in ranges reflecting investor optimism and pessimism at any given moment - sending even the very best shares into the doldrums.
And it's become increasingly difficult to just wait for your favourite shares to come to ... ››› 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
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
Before you even think about financing your home, you need to know exactly what you want from it. There are certain steps you must take to find your perfect home. So start your buying process by considering the following important elements. What type of home will best meet your needs?
Buying a house is a long-term commitment. You don’t want to make the mistake of buying a property that you... ››› more
I often hear people say, “Just do it, you only live once.” I cringe when I hear this…
You: “I really want that new S-class Mercedes Benz but I don't think I can afford it.”
Friend: “Go for it, you only live once.”
Yes, do it! You'll end up paying for that S-class for the rest of your life. You'll live hand to mouth while the car depreciates in value and you and your family a... ››› more
This year we've seen the South African economy struggle in almost every aspect. There has been rise in inflation, which stands at 4.7%. Interest rates increased twice this year and now stands at 6.25%. But one company is weathering the storm and proving it can grow profits, even in this tough environment.
This year we've seen the South African economy struggle in almost every aspect. Ther... ››› more
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