You have to think laterally In a low growth and volatile environment like we have right now (and frankly have had in RSA for a good 5 years) you need to think laterally about building wealth for the long term. If you break it down to its absolute basics, wealth is what you have left …
What are they all about? Prescribed Assets resurfaced during the pandemic as a possible way to fund government a couple of years back when it became apparent that taxpayer’s funds were being depleted faster than they could be collected. To refresh your memory, this is a proposed change to the ‘Regulation 28’ clause of the …
Let’s have a look at the facts Retirement annuities have come under scrutiny lately, mostly because of the government’s intention of reimposing ‘Prescribed Assets’ (which I have covered recently in a blog you can find HERE). Some authors and financial planners have gone as fa as to recommend that you retire from your RA immediately …
Unintended Consequences of the Pandemic Because governments around the world have been buffering the impact of the lockdowns on people and companies with various stimulus and support packages, the true economic consequences of the pandemic are going to take months to unravel, and if you look at the Stock Markets you’d be forgiven for thinking …
What can you do about future health uncertainty? The government appears to be hell-bent on implementing the NHI, despite the complete failure of all the pilot projects and no detailed or realistic budget on how this is going to be funded. The advent of the COVID pandemic has probably brought forward this agenda. The crux …
Sit on your hands – old-school investment advice? With Stock Markets all over the world almost fully recovered from the coronavirus shock and you’d be forgiven for thinking that this is all over, now we just need everything to open up, planes to fly and life will carry on as normal. The drop in the …
What would you do differently? With millions of people stuck at home, some working, many not, it may sound like an odd time to start looking for the positives before we get back to some semblance of a normal routine. The enforced change in our routines for weeks at a time should have instilled some …
Don’t touch this… streamlining your finances without throwing out the baby. Right now, in the darkest part of this pandemic globally, and most certainly locally, everyone will be watching their money. There are some easy wins when it comes to saving, but there are other areas, usually grudge purchases, that might look like an easy …
