Setting up an emergency fund (video)

An emergency fund is something very few investors maintain, but it should be a critical part of everyone’s financial planning.   Should we withdraw money from investments in case of an emergency? It is not ideal to access money from your investments for emergencies. Instead, invest in an emergency fund that can serve your short-term cash needs. Having an…

Savings and investment basics

Now that the difference between savings and investments is clear (see our last blog: SAVINGS VS. INVESTMENTS – KNOW THE DIFFERENCE), there is no better time to start taking steps to secure your financial future. While everyone is different, and our saving and investment behaviours are likely to depict this, starting with a few basics…

Why tax can kill your investment performance

Creating an investment plan (video)

Floris Slabbert, national sales manager of Ecsponent Financial Services, talks about the latest market developments and how one creates an investment plan. What happened in the markets this past week? An interesting fact – the JSE’s electronic trading system is 20 years old today and interesting to note here is that when they started 20…

investment life stage

Growing wealth through investment life stage

Despite what you may have heard, there is no secret to growing sustainable wealth through each investment life stage. It simply relies on sound and consistent financial behaviour like budgeting, continuous savings and prudent, yet profitable investment decisions. Many of us put off investing, citing reasons such as the poor economic climate, a lack of knowledge or a…

How to Spot Dodgy Investment Schemes

When it comes to investing, the unfortunate reality is that scams exist and even the most cautious investors are fooled. Opportunistic criminals prey on potential investors’ ignorance or gullibility, generally luring them in by promising them unusually high investment returns.   No one wants to invest their hard-earned money into a scheme, only to find…