money market
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
Endowments are taxed at a fixed rate of 30% in the hands of the life company, making them more tax-efficient than unit trust investments for higher tax brackets. They also facilitate estate planning by allowing investors to nominate beneficiaries, ensuring
The tax benefits achieved by investing in tax-free investments are not realised early on which means that these vehicles do not make good emergency funds. The value of the tax benefit in the first five years of investing is incredibly
In a money market account, you will always know how much interest your funds will earn each month as these rates are available upfront. As a result, you will always know the value of the funds in your account on
Whereas the risk of a Money Market Account is limited to a single bank, Money Market Funds are well-diversified across numerous institutions. It is the job of the fund’s asset manager to actively seek appropriate investment opportunities in order to
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
Being a single parent comes with a unique set of challenges that are sometimes difficult for those who are co-parenting to fully understand.
Many people shy away from investing because they believe it is akin to gambling and the risks are too high. There is a common misconception that, because investment markets are volatile by nature, investing in equities represents a higher risk
If employed appropriately in one’s portfolio, maximum benefit from Tax-Free Savings Accounts can be achieved over the longer-term.
