– Age-old money lessons from 1926 that apply in 2020 There is much uncertainty in the world today and the effects of the coronavirus pandemic has had a significant impact on the financial and emotional well-being of many South Africans. COVID-19 and the consequent lockdowns have plunged many countries into recession in 2020 with the steepest per capita income contraction …
The recovery of a stock market following a market crash is generally described using a letter of the alphabet. A V-shaped recovery refers to a short, sharp market recovery back to pre-crash levels, while a U-shaped recovery is used where markets remain subdued for a period of time before a recovery. A W-shaped recovery occurs where a V-shaped recovery is …
Lately finding value for investors has been a difficult task for even the most astute financial planners. Andrew Bradley, co-owner of Fiscal Private Client Services, a wealth management company based in Cape Town, says the fundamentals of investing remain critical. CNBC Africa Kopano Gumbi caught up with him for more on reimagining investing, including broadening the property market in Botswana. …
In summary: Disappointing budget, but Eskom support done in a positive manner. • Negatives: higher deficit and debt ratio’s; upward revision in expenditure ceiling; increased tax burden for individuals. • Positives: Strong statement on SOE’s and no Eskom debt take-on; reduction in public sector wage bill; continued emphasis on private sector’s important role and Strategic Equity Partnerships. Highlights: Upward revision …
At a recent lecture which Fiscal director and CFP Kate Brown presented at UCT on health, wealth and attitude related to ageing in the context of integrated financial planning, she highlighted: “Courage and Kindness are two of the most important ingredients in the recipe for living longer and living well.” “Most people avoid thinking about ageing and the financial, health, …
Featured in Cosmopolitan Magazine Is it just us or does being happy and rich seem like the holy grail of life success? The good news is that, according to a new book, you can make sure that your financial plans support your future happiness goals. How Much Is Enough? by Andrew Bradley, Arun Abey and Andrew Ford (published by Random House Penguin) has …
The concept of investing to create wealth – or investing in someone else’s ingenuity – is a recent phenomenon when viewed through history’s eyes. In previous generations, wealth was mostly held by land owners. You either had it or you did not. Wealth was then passed on from one generation to another. The industrial revolution created the opportunity for hard …
Featured in Entrepreneurmag.co.za Changing lifestyle and family structures, increased product complexity and choice, as well as an ever-evolving savings and investment environment, all mean that more people are seeking access to financial advice, in order to make more informed and sound financial decisions. The typical product-led approach tasks financial planners to sell various products to the market, and assumes that both …
