The first thing I want you to know is that you don’t have to be at the mercy of others if you arm yourself with knowledge. This is what will help you take charge of your financial future.
Category: Investment
Cryptocurrencies and tax – SARS will take its bite from your Bitcoin
In these blogs and in my discussions with clients the topic of cryptocurrencies has been raised on a regular basis. The fact is, whether you think this is a good investment opportunity or not, the South African Revenue Service (SARS) is sharpening its focus and intention to ‘mine’ it for tax revenue – as is within its rights. This is also not a new thing – SARS has been warning us for years.
PART 2: Investing in rental properties: what is happening in this market in 2021?
Many people may have been wondering if this is the opportune time to put themselves in debt and buy a property for investment purposes. For those who already have rental properties, the question becomes this: with all the economic insecurity people from all walks of life face, is using real estate as a form of passive income still a reliable investment?
PART 1: A mixed response: what is happening on the property market in 2021?
Should we hold on to our properties, no matter what, since it is currently a ‘buyer’s market’? Should we put ourselves in debt and buy a property now? With all the economic insecurity people from all walks of life are facing, is using real estate as a form of passive income still a reliable investment?
Whilst you wait for the airports to open, do you know your ETNs from your ETFs?
It seems as if Crazy Covid mutated and have given fraudsters super grabbing powers in South Africa. We have seen families profiting off political connections. We have heard horror stories of irregular PPE tenders and irregular spending such as many, many millions of Rands wasted on flooring for a make-shift hospital that seems to consist of novel see-through material as no one has seen it…Let us do a cold reality splash quickly. Then take a deep breath and look at four more realistic options for safeguarding your investments through international exposure.
Retirement: what you should know and what you can do about it
The thought of getting old leaves many of us cold. We use euphemisms like Golden Years and Senior Citizens and Mature to make it sound appealing, but there is no getting around the fact that ageing is generally painful. But here you are, brave and ready to get ready for it!
ABCs of budgeting # 3 (it is possible to design a budget without swearing too much)
Here we are again – you and I and your budget. We aim, in this blog, to give you the tools to look at your needs, your wants and your current reality.
Advice on first homes and first real grown-up debt
Buying a house is a scary prospect and may be something that you have put on the back burner. You may tell yourself that you are being wise – after all the current economic climate is dicey and you may worry about the future. However, do you know that should you buy a house, you not only save on rent (in other words paying someone else’s bond) but your asset may well make a profit after the first year? This means it is one of the better debts you may enter into in your life time. Admit it, the vast majority of us yearn for a place to call our own…
Increasing your earnings and growing your assets
Good debt leads to increases in earnings or growing value in assets. Education is a good debt, because it increases your employability and then, within your chosen occupation, it increases your ability to earn money. Another good debt is buying property.
FOREX: All it will Cost You…
“There’s a forex scam that’s going around. There are plenty but this one I experienced myself.”…
We all want a quick way of making money. In exasperation we cast caution to the wind and search online for ideas. Read more on what to watch out for.