What you can afford: Is the most expensive product always best? Buying well to get the features you want and the best cost per use
Podcast: Spend money to save money
You can find the Satrix webinar we mention at the top of the show here. Isn’t it odd how few money conversations centre around mundane financial choices? Surely our net worth is a reflection of the small financial decisions we make every day. A rather typical experience with a contractor has me questioning my decision-making ...
ETF: The Ashburton 1200 facelift
This ETF is now owned by FNB and the code is FNBEQF. The Ashburton 1200 (ASHEQF) ETF is the only ETF weighted by market capitalisation that invests in developed as well as emerging markets. For that reason, it’s been our ETF of choice for a few years. This ETF has always been slightly more expensive ...
Podcast: The perfect money month
A while back my smart and handsome co-host Simon Brown did a presentation about the perfect trade. Even though I don’t trade myself, I found the presentation inspiring. As we often advocate, when it comes to this money business it’s best to focus only on what you can control. A conversation with Cash Club writer ...
Podcast: Offshore ETFs and the rand
When you buy a locally-listed ETF based in another currency, two transactions happen in the background. First, your rands are converted to the other currency. The new currency is then used to buy the ETF units. Buying an ETF based in a different currency is therefore an easy way to introduce currency diversification into your ...
ETF: MAPPS Protect in a market crash
Effective 1 March 2023, this ETF is now the Satrix Multi Asset Passive Portfolios Solutions Protect ETF (JSE code: STXMAP) How effective is diversification at smoothing out investment performance during a crash? The NewFunds MAPPS Protect ETF was designed to withstand a volatile equity environment by splitting investments between SWIX 40 equity and government bonds. ...
Podcast: Pension fund withdrawals
Under normal circumstances we would strongly caution against withdrawing from your pension fund. The reason is quite simple: the tax will make your eyes water. One decision can slash your hard-earned net worth by hundreds of thousands of rands. That’s not even factoring for opportunity cost. However, since we’re currently living through the apocalypse, we ...
ETF: Understanding the 1nvest SWIX 40
The 1nvest SWIX 40 ETF is a top 40 product with a difference. Like many other local products, this ETF invests in the 40 biggest companies listed on the JSE. Unlike other top 40 ETFs, however, this ETF doesn’t just invest more in bigger companies. In fact, weighting an index by local shareholders was the ...
Podcast: Brushing up your strategy
Many of you come to us fresh as daisies. You start listening in anticipation of your first pay cheque. A clean slate means you can set your financial situation up in a way that makes sense to you at the outset. Those of us who aren’t so lucky have to turn our financial patchwork into ...
ETF: Concentration risk in ETFs
In an ETF weighted by market capitalisation, your exposure to companies with rising value will increase as share prices rise, and decrease as share price falls. The risk is that over time your overall portfolio could inadvertently become over-exposed to a single sector or even share.