Most of us kick our 20-year-old selves for spending all our money making poor decisions in Melville instead of taking full advantage of compounding. The financial independence, retire early (FIRE) movement has given us valuable tools to reach our financial goals despite those late nights in Melville. I discussed that with FIRE-man Patrick McKay here. ...
Podcast: Level 2 winners
Simon Shares Day 160 of lockdown. Northam (JSE code: NHM) results had two comments that caught my attention. They are aggressively buying back their Zambezi pref shares (JSE code: ZPLP). The second was that the amount of rhodium used in a single catalytic converter was 0.3g in 2015 and will be 0.45g in 2025. A ...
ETF: Short-term investment ETFs
In a lower interest rate environment getting inflation-beating returns on cash is challenging. If you have a five-year savings goal, this could have a real impact on your returns. A potential solution to this is short-term investing. The most important consideration here is the relationship between time and risk.
Your effective tax rate
Being in the middle of the 2020 tax filing season and halfway through the 2021 tax year, we wanted to clarify how the SARS tax brackets work and what your effective tax rate is for each. South Africa applies a sliding scale to determine the relevant tax rate. This isn’t the case in some other ...
Podcast: Monthly income at retirement
There’s more guesswork involved in retirement planning than we’d like to admit. If you’ve ever gone through the retirement planning process with a financial advisor, you know what I mean. To calculate how much money you’ll need for retirement, you need to factor in the expected inflation rate as well as the expected growth rate ...
Podcast: Results mania summary
Simon Shares Day 153 of lockdown and Covid-19. Pro-active passive management Investec USD SP500 Autocall Upcoming events; 03 September ~ JSE Power Hour: Under the hood of a passive robo advisor Download the audio file here Subscribe to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes Master ...
ETF: Should I sell my old ETF?
Just One Lap users often want to know whether to sell their existing ETFs. It makes sense to pay attention to the weightings of ETFs in your portfolio and how that relates to your strategy. Since new exchange-traded funds (ETFs) list on the market every year, a product more suited to your strategy might be ...
Wealthy Maths: Calculate capital gains tax (CGT)
There’s a misconception that the capital gains tax (CGT) rate is 18%. While this is sometimes true, your capital gain liability can be far lower.
Podcast: DIY diversification
What is diversification? Should you care about it? If you do care about it, how do you do it? In this week’s episode of The Fat Wallet Show, we spend some time at the intersection between risk and diversification. We help you think through the role of cash in a portfolio and once again reject ...
Podcast: Buy the rumour, sell the fact
Simon Shares Day 146 of lockdown and Covid-19, new cases definitely on the decline and hence we're now in level 2. S&P500 closed Tuesday at all-time highs. Sasol (JSE code: SOL) after liking the update the market does not like the results. Truworths (JSE code: TRU) has now written down GBP231million of the GBP256million they ...