by O'Hagan Attorneys | Mar 30, 2022 | Financial Education, Financial Planning, Saving & Investing
“Diversification is the only free lunch in investing.” (Harry Markowitz) In mid-1999 you could have bought shares in Amazon for $80 each. If you had been astute enough to put $50,000 into the company back then, those shares would be worth $17.4 million...
by O'Hagan Attorneys | Feb 28, 2022 | Financial Education, Financial Planning, Saving & Investing
“The first step to teaching your kids how to handle money is being a good example” (Dave Ramsey) In today’s world, everybody needs a healthy appreciation of money and how to manage it. This is not just for practical reasons. Financial issues are a major...
by O'Hagan Attorneys | Nov 29, 2021 | Financial Planning, Life Insurance, Retirement Planning
When it comes to managing your finances, it’s easy to just take on what you hear from those around you. But, unfortunately, there is a lot that is said on the subject by many people that is at best unhelpful and at worst just plain wrong. Even some so-called experts...
by O'Hagan Attorneys | Sep 29, 2021 | Estate Planning, Financial Planning, Life Insurance
“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed” (Edmund Burke) If we have achieved any level of success in life, it is natural that we want our children and grandchildren to enjoy some its fruits. Having spent...
by O'Hagan Attorneys | Sep 29, 2021 | Financial Planning, tax
“Speak softly and carry a big stick” (U.S. President Franklin D Roosevelt) It’s a frightening prospect owing the Taxman money. SARS may (or may not) “speak softly” but it definitely carries a “big stick” – a very big one. It has extensive debt collection powers,...
by O'Hagan Attorneys | Jul 29, 2021 | Financial Planning, Saving & Investing
“Inflation is taxation without legislation.” (Milton Friedman) For most of the past five years, inflation in South Africa has been very much under control. It has been well within the Reserve Bank’s target range of 3% to 6%. In this environment, it’s been...
