Passive income. More income, less effort

Earning passive income is an investment strategy that creates wealth gradually, without having to spend your whole life working for it. Applied correctly, you could earn money whilst sipping pink margaritas under a palm tree in the Bahamas.   Although it’s not quite as simple, it is nevertheless an important source of income. This is especially true for…

Local and international market update

Internationally South Africa is struggling in terms of growth. What about the rest of the world? There has been a rapid decline in growth worldwide, not just South Africa. The International Monetary Fund has announced the global GDP figures and this showed a downwards movement of 3.4%. This affects even the strongest economies in the…

Economic update

Recent analysis of financial data shows what is important to the consumer At present, gross domestic product, or GDP, is one of the most important measures of South Africa’s economic health. GDP numbers are used to determine whether we are in a recession or an expansion (a growing economy). When the GDP is growing, a country…

Inflation, tax and your investment

Interest rates remained unchanged A number of factors and results contributed to the Reserve Bank leaving interest rates unchanged. Unemployment rates play a big role in these decisions, as does food prices. We have seen that the inflation on food prices has increased by 11.8% in the last year. House prices have also increased dramatically…