Fluctuations in the markets are one of their defining characteristics. Various factors contribute to the vicissitudes of investor behaviour, both locally and globally, and many of these are psychological factors that are strongly influenced by perceptions – and an interest rate hike will surely shake the boat. It’s always good to know how your investment...
What goes up must come down… except for the fuel price! A little over a week into the new month and all drivers are already feeling the weight of the escalating petrol and diesel prices. Reaching record heights last week, petrol pumps are now set at over R14 per litre (R13.95 at the coast), and...
Last week Pravin Gordhan, Finance Minister to President Jacob Zuma, delivered his final budget speech for the current administration. Financial gurus, economists, financial planners and all those money-astute, sat rapt and listened with educated ears to the updated blueprints for South Africa’s future. This blog is not written with them in mind, but rather for...
With only a few days left in the tax year, you have just enough time to make a prudent financial decision that may save you a few thousand rand on your next tax return, and earn you considerably more than that at retirement! It’s common practice amongst those astute in minimising their tax deficits and...