investments
Endowments also offer tax benefits to investors with a marginal tax rate of more than 30% as it will reduce the tax payable on investment growth. However, it is important to bear in mind that endowments have restricted investment terms
Delaying your planned retirement by even five years will affect your investment horizon, your draw down timeline, and subsequently the level of risk you are able to take in your investment strategy. If you’re working towards a delayed retirement, ensure
Hindsight bias makes past events appear more predictable than they were at the time, which can lead investors to believe that the future events are more predictable than they actually are, thereby leading them into the cover-confidence trap. Hindsight is
The capital in your living annuity may not be attached by means of a court order should you be declared insolvent. However, any income drawn from your living annuity does not enjoy the same protection and may be attached by
Planning to live a long life also requires that you give careful consideration to your investment strategy, bearing in mind that a thirty-year period is considered a long-term investment horizon. If you are invested too conservatively by taking on too
Direct offshore investing can be an excellent strategy for those intending to emigrate to the foreign country they are invested in, or if they have children who intend studying in that country. Bear in mind that if you don’t intend
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
Not having a common set of goals can leave a couple feeling directionless and isolated from each other. In the absence of common goals, a couple may end up working against each other and jeopardising the financial future. Every team
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
If your ex-spouse has maintenance obligations towards your children, it is advisable to protect these payments by ensuring that the maintenance payer has sufficient life cover and that your minor children are named as beneficiaries.
