As South Africans, we want our country to prosper and the quality of life for all those living within our borders to improve. Millions live in total poverty and rely on family or intermittent work to get by: life is tough, and often short, as malnutrition and hardship take...
On 26 February 2020, Finance Minister Tito Mboweni delivered the annual budget speech, providing an update on South Africa’s finances. Despite the budget speech highlighting the fragile state of the country’s fiscal position, the finance minister announced some much-needed...
After 20 years, TFSA investors realise an additional 20% return due to these tax benefits. Tax-free savings accounts (TFSAs) are a great initiative from government to encourage savings in South Africa. Jaco van Tonder,1 Advisor Services Director at Investec...
When asked who wants to be a millionaire, anyone would undoubtedly answer yes! However, the belief is often that this is impossible – unless through some stroke of luck or good fortune you get a windfall of money. We would like to disprove this theory and show you that...
The Impact of Coronavirus for Investors Public health outbreaks and epidemics like the recent coronavirus can quickly scare investors and, eventually, affect economies and businesses. The recent coronavirus outbreak has shut down airports, halted trade, and...
The current challenge facing many long-term investors is to simply survive the shorter-term market disappointments to benefit from the return premium offered by growth assets over the longer term. For many investors, the last five years have been traumatic. Domestic woes and...
Given the challenges the South African economy is facing and the underperformance of local risk assets relative to its global peers, one can appreciate why some investors are considering investing the bulk of their wealth in offshore assets. As the saying goes, discretion is...