Financial Planning
While many South African investors make use of retirement funds to build wealth for their retirement years, many do not take the opportunity to structure their contributions in a pre-tax manner – which can inadvertently affect the growth of one’s
A couple planning to get married should sign their antenuptial contract before getting married. Failure to sign an antenuptial contract prior to the date of marriage will mean that you and your partner will automatically be married in community of
Saving is essential for a number of reasons. Firstly, it provides a safety net in the face of unexpected events such as retrenchment, medical emergencies, or urgent home repairs. Without access to readily available savings, many people turn to high-interest
If it’s been several years since you implemented your disability cover, ensure that your insurer has been kept up to date with any changes in your lifestyle, occupation, or health. For example, if you’ve started smoking, changed careers, or taken
International markets offer South African investors access to industries and sectors that are largely underrepresented or absent locally, including biotechnology, semiconductor manufacturing, aerospace and defence, electric vehicle production, and cloud computing infrastructure – with these sectors often being at the
Following on from the above, it’s important that investors accurately declare their over-contributions to SARS and do not mistakenly claim them as tax-deductible in the year they are made, keeping in mind that incorrect reporting can result in the disallowance
Recency bias happens when investors give too much weight to recent events, ignoring long-term data and trends. For instance, after the sharp market crash triggered by the Covid pandemic in early 2020, many investors panicked and sold their investments –
Before you can start planning the possible division of assets, the first step is to understand the nature of your marriage contract and how this affects what you are legally entitled to in terms of law. If you are married
A lack of adequate retirement facilities and the prohibitive costs of retirement homes has resulted in many retirees being forced to explore alternatives for their post-retirement living other than what they had planned for. For many retirees, assisted living, frail
A financial planner is often a lifelong partner, so understanding how their practice is structured is important. Ask who will manage your portfolio if your advisor is unavailable or leaves the firm. Is there a succession plan in place? Does
