Latest Archives - Page 68 of 136

Retire: A glossary of fees

Carina Jooste 10 March 2020Latest, Retire

Retirement products are complicated. So let’s get our teeth into one dimension that should always take priority: Fees. Keep this glossary at hand when you next review your retirement product to see exactly what each fee means and how they will impact your savings in the long run. EAC Effective Annual Cost Standard The EAC ...

The Fat Wallet Show with Kristia van Heerden

Podcast: The end of the world

Kristia van Heerden 9 March 2020Latest, The Fat Wallet

We’re not prone to panic, but at this point staying calm requires a level of stoicism we haven’t quite mastered. You may have forgotten this in the diseased fog of the Coronavirus, but a mere two months ago it seemed as though the US was going to war with Iran. Part of what makes it ...

Podcast: Another recession

Simon Brown 5 March 2020JSE Direct, Latest

Simon Shares Recession, surely nobody surprised? Growth lower for longer. The budget is certainly designed to help, but the R160billion cut from pubic sector wage bill is not going to be easy. Likely we'll also now get at least 2 rate cuts this year, each 0.25% minimum. Last week of February was the worst week ...

ETF: Even more tax-free money

Kristia van Heerden 4 March 2020ETF Blog, Latest

The impact of tax-free investing is so astronomical that it’s almost hard to believe. Just a 0.5% saving on dividend withholding tax (DWT) over a 40 year period amounts to R1.1m more in your portfolio (in today’s money). That’s not to be sneezed at! As of this year, each South African resident is entitled to ...

budget 2020

De Wet De Villiers 3 March 2020Latest, Tax Tuesday

This was one of the most taxpayer-friendly budgets delivered in ages. It seems as if government—especially if you consider the rules around exchange control—are saying, “Please trust us enough to keep your money in South Africa, but if you don’t, you are free to move it offshore if you please.” Here’s a list of the ...

Podcast: Preservation funds and FIRE

Kristia van Heerden 2 March 2020Latest, The Fat Wallet

Boy, did AJ open a can of worms this week! We fall down a preservation fund rabbit hole that’s perhaps long overdue. Here are some of the key things you should know. When you leave a company’s pension or provident fund because you leave the company, you have three options when transferring those funds: You ...

Podcast: Budget 2020 review, a great surprise

Simon Brown 27 February 2020JSE Direct, Latest

I chaired a panel discussion on the 2020 budget by Minister Mboweni and have included the audio from that panel. One biggie, which is not mentioned by th panel, is that the annual tax-free allocation has been increased to R36k a year effective 2 March 2020. On the panel with me was; Elizabeth Fick ~ ...

Podcast: Things you should know about the end of the tax year

Kristia van Heerden 24 February 2020Latest, The Fat Wallet

This time of year is like Christmas for money nerds (or maybe it’s just me). Everyone’s tax situation is unique and there are so many variables to tweak. It’s truly magical. In this episode, we take you through some tax basics. We explain why the end of the tax year is significant, even if you ...

Podcast: Does COVID-19 just delay spending?

Simon Brown 20 February 2020JSE Direct, Latest

Simon Shares I bought Sibanye Stillwater* (new JSE code: SSW) last week, average price 3950c. You want to own single commodity miners when price has already boomed and underlying commodities are flying. We have both here and if prices hold they'll print money for the rest of this financial year ending June. I'll add on ...

ETF: Understanding the Satrix Momentum ETF

Kristia van Heerden 19 February 2020ETF Blog, Latest

The Satrix Momentum ETF (JSE code: STXMMT) works on the assumption that companies doing well in terms of share price and earnings will continue to do well in the future. Factor-based investing is index investing 2.0. Companies are included based on certain shared characteristics. In the case of the STXMMT, that characteristic is an upward ...