Family Wealth: Interest-free loans to trusts

Mosaic Financial SolutionsFamily Wealth, Latest

Trusts originate from England, where they were used by crusading English knights when they left their homes in the care of trusted friends for safekeeping. This financial innovation remains a vital component of multigenerational family wealth planning, and it is also very useful in corporate structures, such as broad-based community trusts, bankruptcy remote securitisation structures, ...
JSE Direct with Simon Brown

Podcast: Hello Prosus

Simon BrownJSE Direct, Latest

Simon Shares Hello Prosus (JSE code: PRX). Spun out of Nasper (JSE code: NPN) and trading on JSE and Amsterdam Euronext. I expect Prosus to be the better deal as Amsterdam is a larger market for those wanting access to Tencent and the other assets. And the local fun damager saying that Prosus will do ...
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ETF: Income ETFs II – Listed Property ETFs

Kristia van HeerdenETF Blog, Latest

The right type of income investment depends on two important considerations. The first is your investment horizon. Your asset allocation will depend on the amount of time you plan on being invested. The closer you get to cashing out your investment, the less volatility you can afford. The second is your tax situation. Income from ...

Retire: TFSA and retirement

Carina JoosteLatest, Retire

In our previous Retire post, we looked at endowments as a vehicle for supplementing your retirement savings. This month, we’re delving deeper into a firm favourite amongst many an investor: tax-free savings accounts (TFSA).  What is it? Created to make South Africans better at saving, TFSAs promote a culture of saving by being exempted from ...
JSE Direct with Simon Brown

Podcast: US heading for recession?

Simon BrownJSE Direct, Latest

Simon Shares Local Q2 GDP came in at 3.1%, higher then expected but what struck me was the comment from Stats SA ~ "spurred on by a build-up of inventories and increased household expenditure". Now we have seen Woolies* (JSE code: WHL) and Shoprite* (JSE code: SHP) both comment that the second half to end ...

Tax Tuesday: Ring-fencing losses

De Wet De VilliersLatest, Tax Tuesday

Let’s start this conversation by looking at what it means to ring-fence a tax loss. A tax loss from one source of income (like rental property) is ring-fenced if SARS does not allow you to offset that tax loss against income from another source of income (like your salary). The two sources of income are ...
JSE Direct with Simon Brown

Podcast: Prescribed assets

Simon BrownJSE Direct, Latest

Simon Shares An economic proposal out of National Treasury. Good looking document, but as always implementation is what matters. Adrian Gore, CEO of Discovery* writes a great piece for the World Economic Forum "Things are bad and getting worse for South Africa. Or are they?". Full of actual facts rather than emotions that typically cloud ...