9 Ways to Avoid Emotional Investing
Have you ever looked back at your investment track record and thought about how stupid an investment was? I know I have. Investing is an emotional game, and it can lead us to make some terrible financial decisions when we let our emotions get involved. That’s why we need to put systems and rules in […]
Set SMART investment goals for long term financial success
Indeed, goals are vital to leading a successful and happy life. You need to know what you want from your personal life, what you hope to achieve in your career, and how you want to experience retirement. Without goals, life can become a series of muddled events. I’m going to take it one step further […]
Tisataafl
Not that there aren’t enough acronyms flying around the investment world already, but today I will reference a lesser known one – only to debunk it. TANSTAAFL: “there ain’t no such thing as a free lunch”. The etymology is uncertain, but the principle is intuitive; there aren’t many things in life that come for free […]
How to navigate your share investments in times of war
The war between Russia and Ukraine has already lasted longer than many would have thought, and we can only bemoan the unnecessary deaths, pain, suffering and destruction that comes with it. As someone recently said, “Wars don’t bring lasting peace, only lasting death”. Putin also thought the war was going to be over in a […]
A look at young people and their attitude towards money and how to improve their finances
For many years, young people in South Africa have experienced and faced many challenges regarding them completing their education which has resulted in extreme unemployment rates and is one of the key challenges facing our society and necessitates. A recent study conducted by Momentum in partnership with UNISA, The Momentum UNISA Financial Index reveals that […]
Ready, Set, Plan!
Every year, more and more young adults finish school or their degrees and enter the workforce. These young professionals face numerous challenges such as finding employment, entering into contracts on their own, and the most pressing of all – dealing with financial pressure. What financial topics are young professionals most interested in? To answer this, […]
Why My Mother’s Investments Failed?
[vc_row][vc_column][vc_column_text]I was always fascinated by my Mother’s frugality and savings oriented lifestyle. She always seemed to have money available to help people and help out my dad when things were tough. Later in life she even opened her own bank account and faithfully put money away for a rainy day. She never worked a day […]
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, it shows 8:10. Your children are at work and your grandchildren at school. What will […]
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 should also not buy something that is too expensive, where the price clearly exceeds the […]
