Long-Term Goals, or Short-Term Gains?
More than a million applications have already been lodged with the South African Revenue Service (SARS) to pull funds out of their savings. Given that this amounts to R21.4 billion, that’s a frightening amount of money for a country that doesn’t have a savings culture. What with more people withdrawing cash under the Two Pot […]
Offshore Investing: Why Local Is Not Always Lekker
Being patriotic is good when it comes to sports teams, but not necessarily for investments. Samuel Johnson’s quotation about patriotism being “the last refuge of a scoundrel” may well have represented the 18th-century poet and playwright’s disdain for contemporary British politics, but when it comes to being patriotic, it might be good when it comes […]
When to Re-Evaluate Your Investment
Market turmoil is not the signal to adjust your investment strategy. When markets are volatile, investors would be forgiven for wanting to make portfolio changes as a way of trying to stay in control. However, we would caution against altering your investment strategy or its execution—unless it was incorrect at the outset, or your personal […]
Cryptocurrency Trading in South Africa: Exchange Controls and Emerging Challenges
The untold story of Exchange Control Regulations. Cryptocurrency traders in South Africa have focused on understanding the tax implications of their transactions relative to the Income Tax Act. This has proved challenging, as SARS has merely stated that “the normal rules apply” without providing authoritative guidance concerning the various cryptocurrency-related transactions, and when profits are […]
Investing in Physical Assets
Slow-and-steady returns for patient investors After a period of low-interest rates, coupled with the printing of money in the world’s largest economies (such as the US and UK), monetary policy is getting tighter. This means that interest rates are rising and that it is harder to get low-interest-rate loans. In addition, investors seek a higher […]
How to sidestep common retirement savings mistakes
Saving for retirement is a crucial aspect of financial planning, yet it is fraught with challenges and pitfalls, especially in a dynamic economic landscape like South Africa’s. With the right strategies, however, individuals can overcome these challenges effectively and secure their financial future. This article explores key strategies to avoid common pitfalls when saving for […]
Sound investing: Why diversification is important
When it comes to building a resilient investment portfolio, diversification emerges as a fundamental strategy that investors should embrace. While supporting local businesses is admirable, achieving a balanced, risk-adjusted portfolio requires a broader perspective that encompasses international investments. South Africa constitutes less than 1% of the global economy. By investing globally, you gain access to […]