When it Comes to Investing, Debit Orders are Your Friend
“The beauty of debit orders is that they make investing a habit, not an afterthought.” (Warren Buffett) We’re all human – which often means being emotional and not consistently disciplined. Debit orders remove the emotion from investing and encourage responsible behaviour. With debit orders in place, you don’t have to choose between contributing towards your […]
Managing the Psychology of Uncertainty in Investing
“Our greatest motivation in life comes from not knowing the future.” (Thomas Frey) Investing is an exercise in uncertainty. When you make any investment, you are taking a bet on the future. This can be a hard thing to do. Markets move up and down, economies shift, and geopolitics can make everything feel unhinged. At […]
How to Keep FOMO Out of Your Investment Strategy
“Focussing is about saying no.” (Steve Jobs) What is the point of investing? In simple terms, there are only two reasons to invest: Investors who understand these goals also understand why fear of missing out (FOMO) gets in the way of a good investment strategy. In both cases, what matters is achieving consistent growth over […]
Evolving Wealth Part 4: Boomer Bucks, Key Financial Strategies for Your Golden Years
“A big lesson in life is never to be scared of anyone or anything”. (Frank Sinatra) If you were born between 1946 and 1964, you are part of the Baby Boomer generation. This generation is known to be flexible and robust, having lived through many bulls and bears over the decades. Whether you’re contemplating retirement […]
Evolving Wealth Part 3: Gen X, Risk Averse but Quick to Adapt
“If you want something done right, do it yourself” – (Unofficial motto of Gen X) Gen X is the somewhat enigmatic generation group wedged between Baby Boomers and Millennials. Born from 1965 – 1980, they’re currently between 45 and 60 years old. What’s in a name? The term ‘Generation X’ was first used in a […]
When Investing, Focus on What You Can Control
“Some things are up to us and some things are not up to us.” (Epictetus) Investing can often feel hard. The keys to success may seem daunting. Is your fund manager making the right decisions? Is the market going up or down? Is the rand strong or weak? These things often play on our thoughts […]
Evolving Wealth Part 2: Millennials, a Fresh Take on Values, Habits, and Aspirations
“Life is what happens to you while you’re busy making other plans” (John Lennon) Millennials comprise 25 to 35% of SA’s population, representing various interests, backgrounds, and lifestyles. It’s also helpful to distinguish between older Millennials and younger ones. The older cohort grew up with PCs and video games, while the younger Millennials were raised […]
6 Winning Strategies That Top Investors and Elite Endurance Athletes Share
“Excellence is my new habit.” (Dirk Stroda) Athletes know that excelling in endurance sports and building wealth both require more than pure skill. They also demand resilience, patience, and discipline. Here are six habits that top investors and elite athletes share. Read on to find out how to win your race – be it financial […]
Why the Rand Shouldn’t Be Your Main Reason for Investing Offshore
For many South Africans, the fact that the rand weakens over time against the dollar feels like the biggest reason for investing offshore. When you think that one dollar cost less than R7 in 2011 compared to over R17 today, it seems obvious that having money offshore is imperative. Over long periods of time, this […]
Evolving Wealth Part 1: Gen Z, Trailblazers of the Digital Investment Era
“Life’s tragedy is that we get old too soon and wise too late.” (Benjamin Franklin) Born between 1997 and 2012, the youngsters of Gen Z are driving change in the investment world at lightning speed. Unlike the rest of us, they’re totally at home in a tech-driven world. For them, managing money via mobile apps […]
