What SARS Says About Crypto Assets and Tax
“The future of money is digital currency” (Bill Gates) If you are thinking of buying – or have bought - any “crypto asset” such as a cryptocurrency like Bitcoin, Ethereum, XRP, Tether, Polkadot (or any of the many other crypto currencies springing up all over the...
Quote of the month – Stay invested!
Kondi Nkosi – Schroders: “If in March 2003 you had invested $1,000 in the MSCI World and left the investment alone for the next 15 years, it would have been worth $4,211. Figures have not been adjusted for inflation or fees. However, if you had tried to time your...
Selling Your Home: How to be Lucky this Holiday Season
“Luck is what happens when preparation meets opportunity” (Lucius Annaeus Seneca the Younger, Roman philosopher) History has not recorded whether Seneca himself was “lucky” in the property market of his time (Rome’s land registration records from two millennia ago...
Five Financial Myths That Need Busting
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...
Quote of the Month – When Is the Best Time to Talk to Your Kids About Money?
Adriaan Pask – PSG Wealth: “Just as with saving for your retirement, the best time to start speaking to your children or grandchildren about money is when they are young, and the next best time is right now. “David Anderson, PhD, clinical psychologist at the Child...
A Tip for Successful Investing – Move from “Binary” to “Directional” Thinking
“Clarity means being very clear about the direction you want to go, but very flexible about how you will get there.” (Bob Johansen) It sometimes feels like there is a lot of black-or-white thinking in the world today. Many issues are presented as if there are only...
Three Things to Consider When Insuring Your Home
“The ache for home lives in all of us, the safe place where we can go as we are.” (Maya Angelou) Nobody likes to pay for insurance. But when you need it, you are very grateful that you have it. Homeowners insurance is particularly important because the loss of your...
Investing When Economists Are Confused
We all knew that the Covid-19 pandemic would upend everything, and now there is much speculation (and no certainty) as to why Americans are resigning from their jobs in “huge, unprecedented numbers”. Whether or not the same trend will now be mirrored in the rest of...
Quote of the Month – Lessons From History
Manpreet Gill - Standard Chartered: “[In the global financial crisis] the global equity index fell almost 60% from its October 2007 peak to its March 2009 trough. “Looking back at history, we now know that the correct action for a buy-and-hold investor with a...
Your Website of the Month: New – How to Renew Your Car Licence Disc Online
Here’s some really good news for all of us motorists dreading the annual challenge of queuing to renew our car licences. The Road Traffic Management Corporation has launched an online payment gateway allowing us to register, renew, and pay for our licence discs on the...
Property Sellers: Why, How and When to Choose Your Own Conveyancer
“A great deal is at stake in the transfer of fixed property. It is generally the largest single asset that a person owns and the transaction for the purchase or sale of a fixed property is probably the most important contract undertaken by individuals” (Law Society of...
What’s The Biggest Lesson You Can Learn from Warren Buffett?
“My wealth has come from a combination of living in America, some lucky genes, and compound interest" (Warren Buffett) Warren Buffett is widely regarded as one of the greatest investors alive today. His record of successful investment decisions made him, for some...