When Bond Clauses Sink Sales
“Before anything else, preparation is the key to success” (Alexander Graham Bell) You sell your house, give the signed sale agreement to your attorney, and wait to get paid out as soon as the property is transferred in the Deeds Office. What could possibly go wrong?...
May You Live Long… But Not Too Long
“Live long and prosper” (Vulcan salutation from Star Trek) One of the biggest risks that retirees face today is outliving their savings. Thanks to medical advances, we are all living healthier, longer lives. But we have to appreciate what that means for our money. In...
Why You Need to Understand What Investment Game You Are Playing
“Success in this game depends less on strength of body than strength of mind and character” (Arnold Palmer) Investing is not like rugby. On a rugby field, all of the players are playing the same game. The rules are the same for all of them, and they have the same...
Do You Give Your Financial Health as Much Focus as Your Physical Wellbeing?
“A budget is telling your money where to go instead of wondering where it went” (Dave Ramsey) A recent study in the UK found that money is the biggest cause of stress for most people. Over a quarter of respondents said that they feel stressed about their finances...
How Safe Are Money Market Funds and What’s the Fuss About Absa’s?
Many South African investors make use of money market funds. According to the latest unit trust statistics, there is R438bn saved in these products. Absa’s decision to close its money market fund has, however, raised concerns about whether these products are safe. The...
Buying and Selling Property: Some Common Questions Asked and Answered
“Owning a home is a keystone of wealth… both financial affluence and emotional security” (Personal Finance Expert Suze Orman) When you buy or sell your “Home Sweet Home”, and/or an investment property, particularly for the first time, the process can seem complicated,...
Quote of The Month – Retirement Re-imagined
Patrick Sheehy, head of product management at Glacier by Sanlam: “The way you think about retirement makes all the difference in ensuring yours is a successful and fulfilling one. To adapt and succeed, a change to our traditional mindset is necessary. Retirement is a...
What Should You Do When Markets are Manic?
“In many ways, the stock market is like the weather in that if you don’t like the current conditions all you have to do is wait a while” – (Lou Simpson) Earlier this year, stock markets around the world were hitting new record highs. In February, however, some of the...
Four Simple Suggestions to Help Your Adult Children on Their Investment Journey
“The easiest way to manage your money is to take it one step at a time and not worry about being perfect” (Ramit Sethi) One of the most often repeated pieces of financial advice is to start as early as possible. It is a simple and powerful thing to do. But for young...
In Times of Great Change, Make Sure Your Will is Updated!
“Death always comes without knocking” (Margaret Atwood) Particularly in these times of pandemic, deadly infections and uncertainty, no one can ever say with any confidence that we will still be alive tomorrow, or next month, or next year. Now more than ever having a...
Quote of the Month – Do You Understand Your Financial Personality?
Nic Andrew – MD of Nedgroup Investments: “Just as each of us have different personalities, that influence how we interact, see the world and are seen, we also each have different financial personalities. These are influenced by our upbringing, our education, our...
Would You Rather Retire in Bermuda or South Africa?
“Don’t simply retire from something; have something to retire to” (Harry Emerson Fosdick) One of the greatest financial stresses that many people face is whether they have put away enough money for their retirement. Being able to sustain your standard of living when...