It’s Never Too Early (or Too Late) to Start Investing
Ask most South Africans why they haven’t started investing yet, and you’ll probably hear the same answers: “I’m too young to worry about that, I’ve got time later.” “It’s too late for me now.” “I don’t have enough to invest to make it worthwhile.” These are all understandable feelings, but they’re not facts. The most […]
RA vs TFSA: What Is the Advantage of a Tax-Free Savings Account?
In his Budget Speech, the Minister of Finance announced an increase in the annual tax-free savings account (TFSA) contribution limit from R36,000 to R46,000 – the most significant boost to this allowance in years, and a timely reminder of just how powerful this vehicle can be. When used properly, it can deliver completely tax-free returns […]