Kristia van Heerden Archives - Page 15 of 36

The Fat Wallet Show with Kristia van Heerden

Podcast: If not equities, what?

Kristia van Heerden 29 July 2019Latest, The Fat Wallet

We can all assume the chief economist at Stanlib knows a thing or two about the world. Imagine my alarm when I read he thinks we need to fall out of love with equities. Thankfully the headline was just clickbait and Kevin Lings said nothing about Bitcoin. If you let yourself read beyond the headline ...

Podcast: TFSA as you age

Kristia van Heerden 22 July 2019Latest, The Fat Wallet

Tax-free savings accounts have an annual limit of R33,000 per year and a lifetime limit of R500,000. It will take 15 years’ full contribution to reach that limit. The money in a tax-free savings account is not liable to any tax, except VAT on brokerage. For as long as you hold the account, you pay ...

Podcast: FIRE at any age

Kristia van Heerden 15 July 2019Latest, 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 ...

ETF: How do I buy a tax-free ETF?

Kristia van Heerden 10 July 2019ETF 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 Jooste 9 July 2019Latest, 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 ...

Podcast: Not enough for a financial plan

Kristia van Heerden 8 July 2019Latest, The Fat Wallet

Compiling a financial plan before you earn an income or when you have very little is ideal. You can’t afford any bad financial habits yet and your cost of living is probably as low as you can get it. As it happens, those are the two most important ingredients to rocking your finances. Generally, our ...

Podcast: What happens to my investments in a market crash?

Kristia van Heerden 1 July 2019Latest, The Fat Wallet

I grew up with the idea that you can lose “all your money” in the stock market. I’m sure many people did. Movies about the stock market don’t do much to put us at ease - if it doesn’t end with someone losing their last penny, it’s not very entertaining. This week, Nadia got us ...

ETF: My first investment

Kristia van Heerden 26 June 2019ETF 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 ...

Podcast: Build your own financial plan

Kristia van Heerden 24 June 2019Latest, The Fat Wallet

If you are earning money, you probably know you should have an idea of where your money should go and why. Most of us avoid drawing up a financial plan because we think we don’t know enough to make good decisions. For some reason, the head-in-the-sand approach is the only comfortable thing about money when ...

ETF: Invest in the USA

Kristia van Heerden 19 June 2019ETF Blog, Latest

In bygone days, the only way of getting offshore exposure in an investment portfolio was a complicated process involving moving and managing money abroad. While this process is still an option, it normally requires a large chunk of money to be worth the fees. Having assets offshore also complicates estate planning, because you need a ...