Changing Landscape Of Financial Planning
New technology has the ability to disrupt the status quo and create new opportunities. With new opportunities we however also are confronted with new challenges. In the field of financial planning, this is no different. In the early days, a…
How Do I Retire?
PART 1: My approach to retirement You’re drinking your second cup of fresh filtered coffee, listening to the breaking news headlines after reading the newspaper and walking the dog. You glance at the big old grandfather clock in the lounge,…
Considering offshore investment
There is only one way to profit: purchase lower, sell higher. In other words, do not sell what you have unless you can get more for it compared to the price you originally paid for it. But more so, you…
Money lessons from Rugby World Cup
South Africa can be regarded as a sports loving country. How can we use a tournament like the Rugby World Cup to learn valuable money lessons? Have a goal In order to win a world cup, a team needs…
Divorce – Wealth Destructor
With almost 315 000 divorces in South Africa in 11 years (roughly 115 every working day), divorce is not a trivial matter. Einstein is often credited for stating that compound interest should be the eighth wonder of the world. Even though…
Beneficiaries – To nominate or Not to nominate, that is the question?
Context In the financial world, a beneficiary typically refers to someone who is eligible to receive distributions from a trust, will or life insurance policy. Beneficiaries are either named specifically in these documents or they have met the stipulations that…
Fitness for retirement
Fitness – the quality of being suitable to fulfil a particular role or task Being financially fit has different meanings to everyone. Out of many entrants into a race, there are only one winner (sometimes a tie), there are those…