Tag: wealth

Oxfam is at it again. With their latest report we are back to the same old mantra: wealth inequality is on the rise and the only solution is to tax the hell out of the rich. Further reflection reveals that the solution isn’t that simple. But first, some relevant distinctions.

In fact, this aversion to the loss of money is so significant it has become the subject of a substantial number of studies. The 'pain' that is felt when people lose money is stronger than the 'joy' of a gain. And it is even more pronounced when a person has worked hard to build their capital base, often through diligent behaviour and determination, over many years – possibly even a lifetime.

John Kinsley has written a book that presents two macro-economic challenges facing the world today. There are two broad economic challenges facing economies around the world today: the one is ageing demographics (particularly in established economies) and the other is inequality.

In this feature, we take a look at wealth creation and the protection of high net-worth individuals (HNWI) assets. With so many financial products available both locally and internationally how does one know what to invest in, when to invest and how much of one’s assets should be allocated to a particular investment product?

In 1982, Forbes Magazine in the United States published its now renowned list of the 400 wealthiest Americans for the first time, ranked by their net worth. Twenty-one years later, JP Morgan conducted a study to examine the list and determine which families remained amongst the country’s wealthiest. The result was astonishing:

Master Your Finances - the art of building wealth will transform your financial life by demystifying the complexities around wealth creation. It will also open up new possibilities and provide practical ways for you to start your own successful financial journey.

Protecting and growing wealth is critical in the current local and global economic and political climates, in order to take care of yourself and your family. For investors to accumulate wealth, a target, strategy and implementation plan is required.

How to gain financial independence and create wealth While some women seem to excel at making their money work for them, others battle from pay...

Do you have what it takes to be a billionaire? This book is a masterclass on how the brightest and most successful entrepreneurs across Africa...

by Douglas Kruger ‘Thinking like a poor person will keep you poor. Thinking like a wealthy person will make you wealthy. I would like to...