Introduction Last week I had a meeting with a new client, he is extremely astute and understood the economics of South Africa as well as investments offshore. His concerns though arose from the currency devaluation of the South African Rand to the dollar and how much it depreciates any South African Equity Portfolio when compared to its dollar-denominated US Equity…
With the potential approval of required legislation, we anticipate the commencement of a transformative financial approach – the two-pot retirement system – on the 1st of March, 2024. Designed to alleviate financial strain, this novel system aspires to provide much-needed solutions to common financial dilemmas experienced by many South Africans. Having been considered for some years, the advent of the…
As a certified financial planner in South Africa, I’ve had the privilege of witnessing firsthand the transformative power of robust retirement planning. Below, I mention five reasons why retirement planning is something that should not be overlooked. Investment Diversification Investment diversification reduces risk and enhances returns over time. The South African regulatory environment allows investment into various asset classes such…
Estate planning, liquidity management, and a comprehensive understanding of bequeathment laws serve as the cornerstone for a secure financial legacy. These elements ensure a smoother transition of wealth to loved ones, thereby decreasing potential family conflicts and mitigating tax burdens. Estate planning is not merely drafting a will; it encompasses a holistic approach to manage your wealth, property, and other…
What’s a Key Man Policy? Ever think about what would happen to your business if, say, your star programmer suddenly left, or your genius CFO had to bow out? It’s a scary thought, isn’t it? We call these people “key persons,” and their absence could cause serious financial pain. Enter the superhero of the business world: the key man insurance…
Shariah-compliant investing in South Africa is more than just about adherence to religious principles. It’s about conscious investing, promoting ethical practices, and contributing positively to society. It allows Islamic families to create wealth without compromising on their faith and values.
Ah, global events – they’re like those uninvited guests at a party who always seem to have a knack for stirring the pot. And just like our uninvited guests, global events have a way of shaking things up, especially when it comes to our investments. Being a savvy South African investor, I’ve learned that managing the impact of global events…
Hey there, entrepreneur! You did it. You escaped the soul-sucking corporate world, teamed up with your college buddies, and started your own business. Your life’s work, your dream, your baby. You’ve been through the grind – late nights, no salary, maxed-out credit cards – and finally, your business is flourishing. Profits are up, you’re expanding the team, and you landed…