diversification
With there being over 1 000 unit trust funds for South African investors to choose from, multi-managers play an important role in researching and analysing all the funds offered by various assets managers and building portfolios from these to achieve
Crafting a sold financial plan involves undertaking careful scenario planning and then putting mechanisms in place to protect yourself from possible detours. Life’s ‘detours’ include events such as retrenchment or job loss, divorce, terminal illness, significant loss or damage to
Making financial decisions when stressed, worried and fearful for the future can result in poor decision-making. Remind yourself that this crisis is temporary and, if necessary, find yourself a financial advisor who will partner with you and guide you through
An ETF is a listed investment product that tracks a defined index such as the JSE Top 40 which tracks the stock exchange’s top 40 companies. ETFs track JSE-listed shares which give investors exposure to multiple companies by investing in
When it comes to money, controlling your emotions is more than just resisting the need for instant gratification. Making good economic decisions is highly dependent on us being able to control our emotions, including the psychological and cognitive biases that
It’s in times like these that we realise the true value of having a second or passive income. Having an alternate source of income, regardless of how small, can help to mitigate the risk of income loss or reduction.
Spending money before you actually receive it can place you in a financially precarious position. Whether you’ve sold your house, been promised a bonus or cashed in a policy, wait until the money is safely in your bank account before
