by O'Hagan Attorneys | Mar 5, 2024 | Economy, Financial Planning
“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget...
by O'Hagan Attorneys | Mar 5, 2024 | Financial Planning
“If you don’t know where you are going, you’ll end up someplace else.” (Yogi Berra) A sound financial plan is invaluable. It looks ahead to what you want from your money and gives you a way of measuring how well you are doing in getting there. It gives you a lot of...
by O'Hagan Attorneys | Feb 2, 2024 | Financial Planning, Saving & Investing
RAs: The big one Retirement Annuities (RAs) offer significant tax breaks as contributions to the investments are tax-deductible, and the growth within the funds is tax-free. (No income, dividends or capital gains tax applies.) You can contribute a maximum of 27.5% of...
by O'Hagan Attorneys | Jan 15, 2024 | Financial Planning, Saving & Investing
“What we believe is heavily influenced by what we think others believe.” (Thomas Gilovich) Do you remember 2017? It wasn’t that long ago, but few of us can probably recall what markets did that year. For the record, it was a great year for stock markets. The JSE All...
by O'Hagan Attorneys | Dec 1, 2023 | Financial Planning, Saving & Investing
“Both optimists and pessimists contribute to society. The optimist invents the aeroplane, the pessimist the parachute.” (George Bernard Shaw) Cast your mind back to the middle of March 2020, when fears around Covid-19 sent the JSE into a spiral. The All Share Index...
by O'Hagan Attorneys | Dec 1, 2023 | Financial Planning, General Interest
“We are living in a material world, and I am a material girl.” (Madonna) Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today’s world, more and more people are realising that things bring only...