The Fat Wallet Show with Kristia van Heerden

Podcast: FIRE at any age

Kristia van HeerdenLatest, The Fat Wallet

At age 37, Patrick Mckay had amassed enough assets to sustain his lifestyle without ever having to earn an income again. In the biz, this is what we call financial independence.  The Financial Independence, Retire Early (FIRE) movement has enabled many younger people to think differently about their expenses and assets. Even if you love ...
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ETF: How do I buy a tax-free ETF?

Kristia van HeerdenETF Blog, Latest

The investment stage of your financial journey finally offers some excitement. You’ve spent some time getting your debt under control, building your emergency fund and sorting out the right insurance to protect your assets. These things are important, but about as exciting as watching paint dry.  After all this hard work, you can start investing ...

Retire: Teenagers should know how

Carina JoosteLatest, Retire

A relative is helping her 12-year old set up his own business. They’ve identified their market, purchased a domain name for a website and agreed on a simple business plan. The most interesting part of this conversation is what the 12-year old must do with the profits gained. 25% can be spent on whatever he ...
JSE Direct with Simon Brown

Podcast: Hello longest economic expansion ever

Simon BrownJSE Direct, Latest

Simon Shares CSEW40* change confirmed for next Wednesday, it'll now be SMART. Trade peace, kinda ~ for now. In classic Trump style, lots of huffing, puffing and threatening the blow the house down. Until a 'deal' is reached. Afrimat (JSE code: AFT) walks away from the Universal Coal deal. No details, but likely they didn't ...

Tax Tuesday: Fringe benefit tax on RAs

De Wet De VilliersLatest, Tax Tuesday

Following a discussion on the Facebook Fat Wallet Community, we decided to dedicate this month’s blog to an example of taxable fringe benefits (aka perks tax). J is under 65 and unmarried. He earns a gross monthly cash salary of R20,000. His company pays R500 per month for his mobile phone and contributes to his ...
JSE Direct with Simon Brown

Podcast: Naspers or Prosus?

Simon BrownJSE Direct, Latest

Simon Shares The Top40 is up almost 20% since the lows of November and over 12% year-to-date. But instead it feels all gloom and doom. Wescoal (JSE code: WSL) results look horrid, but they had strike issues when they employed a new contractor and that hit production and the leverage impact seriously hit HEPS. But ...
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ETF: My first investment

Kristia van HeerdenETF Blog, Latest

The most daunting decision a first-time investor has to make is what to buy. Exchange-traded funds (ETFs) can remove a lot of the anxiety around what to invest in. A single ETF investment can give an investor exposure to thousands of shares. If you are new to all of this, understanding ETFs will do a ...

Wealthy Maths: Savings rate

Stealthy WealthLatest, Wealthy Maths

One of the most important financial ratios you can calculate is your savings rate. This number represents how much of your money you are using to improve your financial situation (as opposed to blowing it on other things).