Albert Einstein once said, “Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t, pays it.” This statement highlights the power of interest, which can work for or against you. For those burdened with debt, compounding interest often means paying far more over time than the original amount borrowed. Debt can be …
Start the new year on the right financial foot
It’s always exciting to hear our associates being interviewed on radio. This time, Johann Rossouw shares valuable insights with Moneyweb listeners on starting the new year on the right financial footing. Listen to the full interview here (8mins): https://iono.fm/e/1515588
Planning for Living Longer and Living Well
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, …
8 behavioural finance insights to create and sustain wealth
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 …