by O'Hagan Attorneys | Oct 31, 2022 | Saving & Investing
Last year, shares in the company that owns Facebook – Meta Platforms – were up over 23%. So far in 2022, they have lost more than 60%. This is just one extreme example of how market conditions have changed. Last year, almost everything seemed to be going up. This...
by O'Hagan Attorneys | Sep 29, 2022 | Financial Planning, Saving & Investing
“Many folks think they aren’t good at earning money, when what they don’t know is how to use it.” (Frank A. Clark) Getting rich isn’t as hard as it sounds. Years of consistent, calculated investing are almost guaranteed to fill up your coffers. For many, the trickier...
by O'Hagan Attorneys | Sep 29, 2022 | Behavioural Finance, Saving & Investing
“For everything you have missed, you have gained something else.” (Ralph Waldo Emerson) Don’t be biased towards short term loss ‘Loss aversion’, from an investment perspective, refers to our tendency to avoid losses over acquiring gains. For example, we all know that...
by O'Hagan Attorneys | Aug 30, 2022 | Saving & Investing
‘Liquidity risk’ probably sounds like something technical that most investors don’t need to worry about. In reality, however it is something that is likely to affect everybody at some point. The liquidity of an investment refers to how quickly it can be...
by O'Hagan Attorneys | Apr 28, 2022 | Saving & Investing
“Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” (Carlos Slim) Hold onto your chips when the market dips When stock markets fall, it’s very natural to want to sell your shares and invest in less...
by O'Hagan Attorneys | Apr 28, 2022 | Financial Planning, Saving & Investing
When people talk about interest rates, they often talk about “cycles”. That is because central banks, like the South African Reserve Bank (SARB), tend to move rates only in one direction – up or down – for extended periods. At the moment, rates are heading up. After...
