Public Wi-Fi: An ultimate guide on the risks + how to stay safe
Whether you work remotely, travel frequently, or just love staying connected wherever you go, chances are you’ve used a public Wi-Fi hotspot. They are nearly everywhere — airports, restaurants, coffee shops, libraries, public transit, hotel rooms, you name it. Using these free Wi-Fi hotspots is super convenient, allowing you to access online accounts, catch up on work, and check emails while on […]
Ultima Vacancies
POSITIONS AVAILABLE IN LYNNWOOD GLEN, PRETORIA We are situated 1,8 kms from the MENLYN PARK Shopping Centre Interested candidates can send their most recent curriculum vitae to: [email protected] Attention: RECRUITMENT POSITION 1: PARA PLANNER FAIS ACT: REP UNDER SUPERVISION Requirements Qualifications: […]
Compound Interest: The Eighth Wonder of the World
“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 difference between the two. Mr X decides to invest in an account that pays […]
Should You Ask ChatGPT for Financial Advice?
“Artificial Intelligence is the future … and the future is here.” (Dave Waters) Artificial intelligence (AI) language models like ChatGPT are incredibly exciting. The ability that they have to bring together information and provide answers to a wide range of questions is remarkable. However, they do have many people worried about whether machines will be […]
How Good do You Think You Are at 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 rate themselves as ‘above average’ […]
Avoid These 6 Barriers to Wealth Creation
“When money realizes that it is in good hands, it wants to stay and multiply in those hands.” (Idowu Koyenikan) This month we take a look at six of the most significant barriers to wealth creation and financial independence. No matter where you are in your life journey you will be able to learn something […]
Thinking of moving to Australia? Bear these numbers in mind
As the adage goes, the grass is always greener on the other side. Right now, Australia may seem like the pot of gold at the end of the rainbow. But don’t make any rash decisions until you’ve digested the facts and figures below. The perils of perception Before we start, let’s talk about The Misperception […]
How a ‘Safe’ Fixed Deposit Might Still be Risky
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 three years. You are also almost certain […]
Invest With FIRE and Never Look Back
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 time to introduce the topic […]
Why too Much of a Good Thing Can be a Bad Thing
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 location. But what […]
