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Five Ways to Teach Kids About Money

Five Ways to Teach Kids About Money

by O'Hagan Attorneys | Apr 28, 2023 | Financial Planning, Saving & Investing

Any good habits can be bred at a very young age. Learning positive attitudes towards money is no different. Research has found that children understand financial concepts much sooner than many of us realise. The University of Cambridge has found that by the age of...
Compound Interest: The Eighth Wonder of the World

Compound Interest: The Eighth Wonder of the World

by O'Hagan Attorneys | Mar 31, 2023 | Financial Planning, Saving & Investing

“If you understand compound interest, you basically understand the universe.” (Robert Breault) Don’t be simple One of the best ways to understand compound interest is to know what it’s not — the appropriately named simple interest. This easy example illustrates the...
How Good do You Think You Are at Investing?

How Good do You Think You Are at Investing?

by O'Hagan Attorneys | Feb 28, 2023 | Saving & Investing

Do you deliver better than average work at the office? Do you drive better than the average person on the road? It is likely that you answered ‘yes’ to both of those questions. There is a fair amount of research that finds that a majority of people will almost always...
How a ‘Safe’ Fixed Deposit Might Still be Risky

How a ‘Safe’ Fixed Deposit Might Still be Risky

by O'Hagan Attorneys | Feb 28, 2023 | Saving & Investing

Whenever you put money into a fixed deposit you probably think that it is perfectly safe. And as long as that deposit is running, you are probably right. If, for example, you invest in a in 36-month fixed deposit, you are guaranteed a certain interest rate for those...
Invest With FIRE and Never Look Back

Invest With FIRE and Never Look Back

by O'Hagan Attorneys | Jan 31, 2023 | Financial Planning, Saving & Investing

Retirement is wonderful if you have two essentials: much to live on and much to live for. (Anonymous) As the economy struggles to get back on its feet, many clients have approached us to ask how they can save better and invest smartly. So, we thought it was a good...
Why too Much of a Good Thing Can be a Bad Thing

Why too Much of a Good Thing Can be a Bad Thing

by O'Hagan Attorneys | Jan 31, 2023 | Financial Planning, Saving & Investing

What would you do if you were given R2 million and told you had to invest it in property? You might think of buying a nice flat in Cape Town’s southern suburbs that you could rent out to students. That should give you an attractive yield in what seems like a good...
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