Tag: income
Short vs long-term rental – which one is the best investment...
Investing in real estate has long been considered a reliable investment strategy, especially during challenging economic times because, unlike stocks and bonds, property is a tangible asset which offers unique advantages that can accelerate wealth accumulation over time.
Why business owners should work with IFAs
In today’s complex financial landscape, business owners need more than just insurance policies. Business owners need the comprehensive, unbiased advice that can only come from an Independent Financial Adviser (IFA) to create a holistic financial plan. It is important to understand the distinction between a ‘tied agent’ and an IFA.
Why an estate plan & a financial plan need to co-exist
When we think about estate planning, we think of a plan outlining a tax-efficient way to deal with our assets when we pass away. Instead of viewing this as a ‘death plan’, try to think of it as a ‘life plan’ – a strategy created during your lifetime to ensure that your wishes are fulfilled, and that your loved ones benefit as intended after you pass away.
BOOK REVIEW | Small Changes for Big Results
Sustainable change does not occur in one giant leap. We all make plans, set goals and enthusiastically imagine a better future. Unfortunately, most people never achieve their goals, whether they be personal or financial.
How do you get rich?
Lately, I have received several questions from investors about how rich people go about their money. What do they do differently, or have they simply inherited wealth? Our clients include a substantial number of families who have accumulated wealth over many generations, but many are first generation.
Progress Party is running for 2024 on a ticket of guaranteed...
“Supporting an unemployed person with a public works job far outweighs its cost” according to ex-deputy director-general of National Treasury, Andrew Donaldson. Experts with a deep understanding of economics, our country and its policy history, from Andrew Donaldson to Kate Philip, the lead on the Presidential Employment Stimulus, are calling for an expansion of socially and economically productive public works programmes.
Repeal the unconstitutional causes of mass youth unemployment!
Removing the causes of mass youth unemployment in South Africa would have multiple positive consequences for job seekers. If small businesses and households, “the natural employers of young and untrained workers in an open labour market”, were free of the burden of the minimum wage and other unnecessary regulatory burdens that have been imposed on them, they could make an unprecedent contribution to the economy.
Stokvels show resilience despite tough economy
As a testament to the resilience and dedication of South African stokvel savers, we reveal that its customers' stokvel net deposits have increased by 42%. Since November 2019, our stokvel customers have continually increased saving via a stokvel surpassing the R8.3 billion mark in total member contributions.
Avoiding the ‘should’ve, could’ve & would’ve’ in your retirement years
With the increased cost of living, managing your money in your retirement years can be a challenging exercise for many. Running out of money during one’s retirement years is a prime concern for many retirees. Although people have reasons to be concerned with the rise of economic pressures and the cost of living, consumers can lessen the risk of running out of money in retirement with proper financial planning and sound money management tools.
Economic Freedom of the World report – another drop in ranking...
South Africa’s long march away from economic freedom continues in 2023, Economic Freedom of the World (EFW) index reveals. The 2023 Economic Freedom of the World annual report reveals that South Africa has dropped to 94th, down one place from its ranking of 93rd last year, out of the 165 countries analysed.