General finances – Resource allocation, that is, the process, markets, institutions, and instruments that facilitate the transfer of money and wealth
Bear market – sell off or stock up? We all know that the financial industry likes to throw big terms around (such as naming the market a bear or bull market). Yet, it’s vital in understanding what these terms mean. When the market is falling and it seems that everyone Read more…
Interest: simple and compoundingly complicated “Compound interest is the eighth wonder of the world. He who understands it earns it … he who doesn’t … pays it – Albert Einstein In recent years we’ve had many financial institutions promising returns of up to 13.5% p.a. interest in their advertisements. Sadly, Read more…
Tax free?! The glorious tax free savings account (TFSA) has been in effect since 31 March 2015 in South Africa and has made the hearts of savers and individual investors all warm and fuzzy. Yes. The government decided in one glorious move to give away free money in the form Read more…
People want money I recently spoke to someone on Twitter who confronted his financial advisor about the exceptionally high commission on their entire fund value. The FA eventually just shrugged and said: “Well, we all need to live!”. This is true – we all need to live. And we need Read more…
Don’t you love a good success story? I have this awesome friend who wanted to get me involved in a group that day-traded forex. The good thing was that I didn’t have to put down any money and I could just learn from them and observe what they were doing Read more…
Big terms with little meaning I love the way big terms – such as minimalism and frugality are thrown around without anyone really knowing their meaning. People think this is one and the same thing – I also thought so many moons ago! Luckily I have minimalist friends who corrected Read more…
Free money! Everyone loves free money. In the same way, everyone wants to see their money grow faster than the terrible 4-8 % that the bank offers. Even if there’s risk involved that’s okay – risk vs rewards is the name of the game! With the recent surge in pyramid Read more…
I am going to share my secrets of becoming successful in property I have spent years studying formulas and calculations on how to be successful in property – I have perfected the science and art. During the process, I have made quite a few deals that were amazing – and learnt Read more…
Bursting bubbles about balloon payments If you thought that a balloon payment is a cool thing – and that the balloon is filled with streamers and confetti, then you have a surprise waiting for you. I cannot begin to describe how evil this is – it makes me start bleeding Read more…
So, you want to own property? What I can do is I can help you to understand the difference between full title and sectional title properties. When you buy a property, most people want to own the land, the bricks and mortar (including the roof) and garden. Freehold / Full Read more…