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Category: General Interest

Long Term Investment Solutions

“It’s a Waste of Money”: Even the Rich Can Have a Scarcity Mindset

“Money is a terrible master but an excellent servant.” (P.T. Barnum) It seems strange. A man with more money than he could ever spend – a wealthy investor, entrepreneur, or heir – still often says, “It’s a waste of money.” He longs to see his children overseas, yet he won’t fly to them because he…
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The Consequences of Divorce

“Marriage is the chief cause of divorce.” (Groucho Marx) Retirement savings typically account for a substantial portion of a person’s wealth. When a marriage ends, these savings can become a serious bone of contention. The good news is that, starting 1 September 2024, the definition of pension interest will be standardised across all retirement funds.…
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What is a Power of Attorney and is it Forever?

“The number of cases of dementia is estimated to almost triple by 2050.” (World Health Organisation) Although the actual prevalence per capita of dementia is reportedly on the decline, aging populations ensure that it is becoming more and more of a problem in society – for older people, their families and caregivers. If you or…
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Burgernomics: Decoding Currency Values with the Big Mac Index

“The secret of Big Macs is that they’re not very good, but every one is not very good in exactly the same way.” (Joel Spolsky) The concept is straightforward: in theory, the same things should cost the same globally. The Big Mac is a great product to compare because it’s sold in over 100 countries…
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Safeguard Your Money: Look out for Phishing Scams

“Obviously crime pays, or there’d be no crime.” (G. Gordon Liddy) It’s an unfortunate reality that you can’t be too careful with your money these days. For all that modern technology has done to enhance our lives, it has also sadly made it easier for criminals to operate.as per the previous article, less is more…
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How to Give Meaningful Gifts This Festive Season

“We are living in a material world, and I am a material girl.” (Madonna) Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today’s world, more and more people are realising that things bring only fleeting joy – it’s experiences that really matter.…
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How to Avoid Being Scammed by Email Fraudsters

“…sending bank details by email is inherently dangerous.” (Extract from court judgment) Before you make any payment to a supplier’s bank account on the basis of an emailed invoice, check that the bank account details in the invoice are genuine. If your supplier’s or your own email system has been hacked, the invoice details could…
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Is Money Stress Taking a Toll on You?

According to a survey of 14 000 people by Debt Busters last year, a significant majority of South Africans are feeling financial stress. It found that 70% of us are stressed about money in some way. More than half of the participants said that they are worried about running out of money before the end…
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