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Category: Financial Planning

Intelligent Investing

The Big Question: Should You Buy a Home or Rent One?

“Home is not a place; it’s a feeling.” (Cecelia Ahern) Deciding whether to buy or rent your home may be one of the most important financial decisions you’ll ever make. Ultimately, the choice comes down to a combination of financial variables and personal factors, which, as we know, fluctuate unpredictably. Rands and cents Let’s start…
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Aligning Your “Wheel of Life” – A Beginner’s Guide

As your wheel of life turns, your financial needs, goals and focuses change. When you start working, you’re absorbed by accumulating assets. Later, as you near retirement, your focus shifts to wealth preservation. And eventually, when you’re settled and comfortable in your golden years, the transfer of wealth becomes your number one priority. It goes…
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Why You Should Keep Your Investment Strategy to Yourself

“There is no pebble so small that it won’t make ripples when tossed into a body of water.” (Charles Peck) In a recent blog post, financial writer Morgan Housel made an interesting observation. He wondered what would happen if people invited public scrutiny of the way they went about trying to find love: “Imagine if,…
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Three Pot System 101: What You Need to Know Before 1 September

“Change is not a gate we pass through; it is the definition of life.” (Millie Florence) The good Supporters of the change believe that introducing an accessible savings pot can provide salvation for those in financial crises, like the one caused by the Covid pandemic. It will help people to avoid debt and prevent people…
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Do You Recognise Yourself in Any of These Client Case Studies?

“If a man is not faithful to his own individuality, he cannot be loyal to anything.” (Claude McKay) Case study 1: Family matters One financial advisor told us about a 68-year-old client who sold his business and worried his children would be ruined by inheriting too much wealth. The advisor created a Family Constitution outlining…
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The Sandwich Generation: How Can You Deal with Family Always Asking You for Money?

“Family is not just important; it’s everything.” (Michael J Fox)   Many South Africans are not just working to support themselves or even their immediate families. Given the country’s high rate of unemployment, it’s not unusual for people to find themselves under pressure to provide financially for their parents, grandparents and even cousins, aunts and uncles.…
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Need to Know: Annualized Returns Versus Internal Rates of Return

Let’s start with annualized returns (ARR). The annualized rate of return represents the average yearly return you would have received over a specific period. It takes into account compounding, assuming that the investment grew steadily each year, even if the actual returns varied. This differs from the average rate of return, which simply calculates the…
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Do You and Your Partner Share the Same Financial Values?

The Importance of Shared Money Values: When seeking an ideal partner, most individuals prioritize finding someone who shares their values. While political or moral views are commonly considered, the alignment of financial values is often overlooked. Unfortunately, finances frequently become a major point of contention in relationships. A 2019 study from the University of Tennessee,…
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The Secret to Solving the Financial Rubik’s Cube? Consistency.

All it takes to excel at something – whether it’s mastering the ukulele, poaching the perfect egg or learning to solve the Rubik’s Cube – is consistent practice and dedication. John Maynard Keynes, one of the greatest economists and risk-taking investors around, took it a step further. He strongly advised putting financial planning and investing…
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Zen and the Art of Financial Planning

“A resilient spirit, coupled with financial knowledge, is an unstoppable force.” (Anonymous) There’s more to this material world than meets the eye. As human beings we are all trying to gain self-awareness and instinctively value compassion, empathy, and open heartedness. You may ask, “How on earth does this have anything to do with financial planning?”…
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