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Category: Saving & Investing

Intelligent Investing

How to Keep FOMO Out of Your Investment Strategy

“Focussing is about saying no.” (Steve Jobs) What is the point of investing?  In simple terms, there are only two reasons to invest: Investors who understand these goals also understand why fear of missing out (FOMO) gets in the way of a good investment strategy. In both cases, what matters is achieving consistent growth over…
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Boomer Bucks, Key Financial Strategies for Your Golden Years

“A big lesson in life is never to be scared of anyone or anything”. (Frank Sinatra) If you were born between 1946 and 1964, you are part of the Baby Boomer generation. This generation is known to be flexible and robust, having lived through many bulls and bears over the decades. Whether you’re contemplating retirement…
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When Investing, Focus on What You Can Control

“Some things are up to us and some things are not up to us.” (Epictetus) Investing can often feel hard. The keys to success may seem daunting. Is your fund manager making the right decisions? Is the market going up or down? Is the rand strong or weak? These things often play on our thoughts…
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Evolving Wealth: Millennials, a Fresh Take on Values, Habits, and Aspirations

“Life is what happens to you while you’re busy making other plans” (John Lennon) Millennials comprise 25 to 35% of SA’s population, representing various interests, backgrounds, and lifestyles. It’s also helpful to distinguish between older Millennials and younger ones. The older cohort grew up with PCs and video games, while the younger Millennials were raised…
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Why the Rand Shouldn’t Be Your Main Reason for Investing Offshore

For many South Africans, the fact that the rand weakens over time against the dollar feels like the biggest reason for investing offshore. When you think that one dollar cost less than R7 in 2011 compared to over R17 today, it seems obvious that having money offshore is imperative. Over long periods of time, this…
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How Rand-Cost Averaging Could Help You

“It is better to be roughly right than precisely wrong.” (John Maynard Keynes) John Maynard Keynes, one of the greatest economists and risk-taking investors around, strongly advised putting investing on ‘autopilot’, and then going out and enjoying your life! The basics Investing can be tricky, even for seasoned professionals who try to buy and sell…
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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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Is There Really Much Difference Between Investing and Gambling?

According to the Cambridge Dictionary, a gambler is “a person who risks losing money in the hope of winning a lot more money.” An investor, on the other hand, is defined as “a person who puts money into something in order to make a profit.” Several pots on the boil One of the biggest differences…
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