Cash Club: Savings Challenge Update

Njabulo NsibandeCash Club, Latest

At the beginning of the year, I started a savings challenge, where I increased my monthly contributions in increments of R200, i.e. R200, R400, R600, etc. As you can imagine, it started fairly easy and got harder and harder as the year went on.  In September, my savings contribution was R1,800. This is over and ...
The Fat Wallet Show with Kristia van Heerden

Podcast: Stock market risk

Kristia van HeerdenLatest, The Fat Wallet

This week’s show is the second of the risk-series, sponsored by the Index and Structured Solutions team at Absa CIB. In the first episode we spoke about financial risks that aren’t investment-specific. This time, we talk about risks specifically related to the stock market and your portfolio.  When it comes to investing, we’re most concerned ...

Family Wealth: Property investment done right

Mosaic Financial SolutionsFamily Wealth, Latest

Investing in a residential property is part of a sound and diversified multi-generational investment strategy. It provides steady cash flow and returns that should comfortably exceed inflation over time. An often overlooked benefit of this investment is the associated tax breaks.  Apart from the standard deductions for business expenses, including property-related costs and interest paid, ...
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ETF: Weighting and single stock risk

Kristia van HeerdenETF Blog, Latest

Compared to stock markets in developed economies, the South African stock market is tiny. Our entire market consists of only 387 shares. Of those, only 50 are big enough to have a meaningful impact on the performance of the market. By contrast, the New York stock exchange boasts 2,800 listed companies. Most South African investors ...

Retire: Next stop – retirement

Carina JoosteLatest, Retire

With 2019 wrapping up, many nine-to-fivers are also clocking out from a lifetime of employment, which introduces the very uncomfortable question: Now what?   Dave Crawford, a retirement training expert from Planning Retirement, has been guiding individuals through this question for the past 30 years. We asked him to share the top three issues with which ...
JSE Direct with Simon Brown

Podcast: Goals, processes and habits

Simon BrownJSE Direct, Latest

Simon Shares October was a decent month for the Top40, adding almost 3% and now 9.5% year-to-date excluding dividends. Moody's makes us negative but not junk and the ZAR soars. Finance minister, Tito Mboweni, says government 'not considering' the idea of prescribed assets. https://www.businesslive.co.za/bd/national/2019-11-05-treasury-not-considering-prescribed-assets-mboweni-says/ The Shoprite* (JSE code: SHP) update what was way more interesting ...
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ETF: The new CoreShares Property ETF

Kristia van HeerdenETF Blog, Latest

Does anything sound more appealing to an ETF investor than dividend income that covers your living expenses?  The problem with this strategy is that dividends aren’t reliable. It’s up to the management of a listed company to determine whether or not they want to share profits in a given year. Predicting whether you’ll receive a ...

Tax Tuesday: RA allowance and capital gains tax

De Wet De VilliersLatest, Tax Tuesday

A question that we’ve come across several times—and one that also featured in The Fat Wallet Show —asks whether capital gains are included in the 27.5% tax deduction calculation.   In other words, whether the capital gains you earn in addition to your monthly salary is added to your taxable monthly income. The short answer is ...