Tag: capital growth
Are TFSA’s a waste of time?
South Africans should understand that if they have substantial sums of money deposited in either a bank or investment account, they will inevitably be required to pay taxes on the income or capital growth derived from it.
Entrepreneurship – when it’s time to start protecting your wealth
There comes a time in every successful entrepreneur’s life when he or she has to consider how best to transition to the preservation of the wealth they’ve built, not only for their own enjoyment, but also for the sake of the legacy they want to leave behind.
Economics is child’s play
Ten children are invited to a birthday party. As they arrive, they are each given three golden tokens. The host explains that they will play various games with great prizes using these tokens. In the first game the prize is a brand-new bicycle, which the host says he will give to whichever child offers him the most tokens. This is the supply of desirable goods.
Pieces of financial wisdom for 2020
January marks the start of both a new year and a fresh and exciting new decade with many more challenges and surprises in store. So, as we wrap up 2019 and prepare to set off into the roaring 20s, I found myself pausing to reflect on the key financial lessons that life has taught me thus far, offered here for the benefit of others walking their own financial journeys.
