What are they? You get to invest for as little as a few hundred rand into a large investment pool which is managed by a fund manager according to a specific objective. The investment is priced in units (hence the name) based on the value of the fund. There are around...
The magical number 72 in the financial world can help you to get a better understanding of the value of your money into the future. 72 can be used in a very easy way to establish values in the future with extraordinary accuracy. Inflation is a measurement of the...
A tax free savings account (TFSA) and a retirement annuity (RA) are excellent investments as they offer returns which are not taxed. This vastly improves the performance of the investment over time. Understanding the differences between the two will help to make a...
Filing season opened on the 1st July 2018 and it’s too late to do anything about last the tax year. You are on top of your tax return when you know before you complete the return what to expect. Tax planning should take full advantage of all options before the end of...
With the Rule of 72 you can estimate the future value of your investments with uncanny reliability.. Inflation – the enemy The inflation rate represents the rising cost of living which devalues your money resulting in a loss of purchasing power over time. To...