Old Mutual Personal Financial Advice
‘n Vraag wat onlangs baie meer na vore kom, Dit lyk dalk na ‘n geldige vraag, maar daar is baie ander vrae wat moet beantwoord word voor jy enige besluite neem rondom waar jy jou geld wil belê. Die belangrikste vraag om te beantwoord is: hoekom belê jy die geld? Daar is tans baie ‘kenners’ en pulikasies wat van mening is dat jy al jou geld so gou as moontlik uit die land moet neem teen […]
Continue readingHaving recently read a report from the CEO of PSG Asset Management, Anet Ahern, here are a few key pointers that our top minds in the investment sector will be carrying with them as we start 2017. 1. The best investment decisions aren’t always the most comfortable During the first two weeks of 2016, a few of the top investment vehicles were down between 8% and 10% – the worst start to a year ever. All […]
Continue readingJust because you don’t have an ultimate financial gambit to sell a business or inherit funds, it doesn’t mean you will never become wealthy. The important thing is to know yourself – in particular, your financial behaviour. Modeling your behaviour after successful investors is already a step in the right direction. Let’s look at some more of the behavioural traits of an astute investor: 1. They get pleasure out of saving, not spending Buying things releases […]
Continue readingInvestment diversification is not a new concept. I’m sure that we all know the old saying that you should not put all your eggs in one basket. If a “basket” drops, you don’t want all of your investments to break. Diversification reduces risk, making the uncertain journey to your financial end-goal significantly smoother. Investing is an art form, not a knee-jerk reaction. The best time to practice disciplined investing with a diversified portfolio is before diversification […]
Continue readingMany young people neglect to plan for their retirement during their early working lives, arguing that they will take care of it later in life when they are earning a bigger salary. However, on the flip side of the coin, as people get older they assume that they must rebalance their portfolios into more conservative investments. Luckily, most people are choosing to retire later in life. If you have left investing in your retirement until later […]
Continue readingIt’s often said that the best years are the forties – and for so many reasons! Whilst everyone is different, it’s good to state at the start of this article that this perspective is becoming even more prevalent. Some forty year-olds are in their first marriage with kids, others are in their second or third… with kids. Some have never been married and have no inclination of doing so. These situations place people in very different […]
Continue readingRetirement planning is only one component of a holistic financial plan and although retirement has a higher probability than all the other risk areas, this is the area we find people being the worst prepared for. Retirement doesn’t happen at 65… it happens when you make it happen!Planning for retirement is much like planning a flight in a light aircraft. Before you embark on this journey you have to check if your aircraft is in a […]
Continue readingSaving is a tricky financial discipline to master. Most people agree that it’s wise to save, but are unsure as how best to do it. They try one way, take a break, then try another. It’s similar to the way many people try to eat healthily. Again, we all agree to the benefits of healthy eating, but few can stick to the right diet for a period long enough to produce significant results. Just as different […]
Continue readingWith the tax year drawing to a close at the end of February, it is worth looking into the advantages of making a supplementary contribution into your retirement annuity (RA). The National Treasury estimates that only 10% of South Africans are able to maintain the same standard of living after retirement. Here are some good reasons to give your RA a boost before the tax year end. Boost your tax return When submitting your income tax […]
Continue readingIt is never too early or late to start an investment portfolio. If you already have a portfolio it doesn’t hurt to gain some extra insight, whether you choose to acknowledge the advice or not… at least arm yourself with it! Here are five investment tips to help you stay on top of your expenditures. Follow investors on social media There is a huge accumulation of knowledge being distributed via social media platforms. Assess the people […]
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