In short – the term compliance describes the ability to act according to an order, set of rules or request. In the context of financial services businesses compliance operates at two levels. Level 1 – compliance with the external rules that are imposed upon an organisation as a whole Level 2 – compliance with internal […]
Most South Africans say they are experiencing anxiety (55%) and nearly half are dealing with financial pressure (46%) and/or depression (40%) during the lockdown, according to a recent online survey by the South African Depression and Anxiety Group (SADAG). With the bleak economic forecast and retrenchments or pay cuts on the cards for many South […]
Pay off debt and don’t dip into your retirement savings! With several analysts projecting the economy to contract between 8% and 10% this year, which would result in massive job losses, consumers might be tempted to dip into their retirement savings to buoy their cashflows, but experts have warned that they should not. South Africa […]
Financial desperation – A breeding ground for Ponzi schemes As the coronavirus pandemic leaves more people in financial distress, the breeding ground for investment schemes is unfortunately fertile. Fraudsters know that desperate times call for desperate measures and now, more than ever, we need to remain vigilant against investments scams and schemes. It’s hard to […]
a Note from the Salvo Team As you know, we send out monthly investment statements to all of our investors. We are happy to announce that we will be sending A New Format of statements with a look and feel that will contain more relevant information, starting in May 2020. These statements will be sent […]
“If you cannot control your emotions, you cannot control your money” – Warren Buffet Most investors know that emotion affects the way in which investment decisions are made – and that greed and fear play a large role in driving investment markets. The actions of many investors are based on feelings rather than facts. They may make […]
A man named Rahm Emanuel once said: “Never let a serious crisis go to waste”. What does this quote mean for investor’s? True investment opportunities seldomly occurs when asset prices are at all time highs. The real buying opportunity comes when assets are “on sale”, as Warren Buffet loves to say. These “sales” occur when […]
A fortunate group of South Africans will receive their salaries in the next couple of days, while others need to find alternative ways of sustaining themselves during this challenging time. Whether you’re part of the first or second group, it’s imperative that you carefully consider your finances before making any rash decisions. Here are five […]
Public health outbreaks and epidemics like the recent coronavirus can quickly scare investors and, eventually, affect economies and businesses. Coronavirus market sell-off If one couples a potential global pandemic with overvalued developed equity markets, there is only one obvious outcome – a sell off. Many market participants are calling for synchronised interest rate cuts from central banks […]
