Don’t just plan for retirement, Plan for a long life Those in the retirement industry bemoan the fact that South Africans are poor savers and are often one emergency away from trashing what savings they have. A survey shows that just one in three ‘baby boomers’ has any form of formal retirement saving. There are […]
In this post, we look back at the year’s performance of the various asset classes and highlight one of the most statistically significant observations (mean reversion) in financial markets and how it can benefit you as a long-term investor. The most important quality for an investor is temperament, not intellect – Warren Buffet Growth Assets Continue […]
In the hive of festive activity, it’s easy to forget your financial goals and spend more than you planned. Next thing you know, it’s the New Year and the long month of January, with its all too familiar financial hangover, is stretched out before you. You may have heard about the ‘Marshmallow Test’, a series of experiments conducted by […]
Even if you manage to enjoy a financially savvy Black Friday, the festive season will quickly be upon us and will kick off the frenzy of “special deals” and “discounts” – bombarding consumers that have not had a great year as far as personal finances go. “We have seen the same trend every year since […]
The South African Revenue Service (SARS) wants to help you pay for your retirement. The way in which they do this is by offering generous tax deductions when you make contributions to your retirement annuity (RA), pension or provident fund. On 1 March 2016, the tax deductions for retirement savings increased from 15% to 27.5% – which means you can […]
