“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.
Category: Investment
Longevity – So much more than Old Bones Creaking at Dawn
One of the advantages of being older, as I told a young friend recently, is that you tend to
become more truthful. You say it like it is, without caring as much about other people’s
reactions.
A Perfect Cottage in an Imperfect World
Passive income – a rental property in a beautiful location is the way to go. Once the property has paid for itself, you can retire in luxury for a second time. Should you manage it yourself?
Extra Income Streams
Many people find that the income they derive from their monthly pay check is no longer adequate to meet their lifestyle needs. And so we sit at our desks, scroll through FaceBook links and dream…Where can I find extra streams of income that require little or no work? What can I actively do to improve my income?
When you need a new car
If you drive a car in South Africa, you will understand the hassle of replacing it. Once you have decided on a make and model, the paperwork begins. Some dealerships will try and rip you off, by adding extra administrative costs to the transaction.
Managing Rental Property
Many first-generation yuppies have come to realise that they need to enter the property market. However, most of them find that getting a home-loan of between R1 500 000 and R2 000 000 is not always possible.
The creative ones usually find a way around this dilemma by purchasing a home in the R300 000 to R700 000 price range. The home is then used to generate a rental income. The rental is often sufficient to cover their bond repayments. This leaves many of them happy landlords.
Junk Status – Protecting your Standard of Living
The last blog touched on how Northwood protects clients’ wealth by adding diversity to the unit trust investment portfolios on offer. This week, we will look at creating wealth by adding more diversified investments.
Our clients know that when it comes to investments, we prescribe to the “don’t put all your eggs in one basket” philosophy. We seek to add value and diversity to all our client’s portfolios to creatively manage risks.
Continue reading “Junk Status – Protecting your Standard of Living”
Junk Status – Protecting your investments
Ever since the news broke that South Africa’s credit rating was downgraded to junk status, our office has been inundated by calls and emails from concerned investors that listen to Finance 101 on CCFM.
Most of these investors have investments with insurance companies, and experienced a significant loss of their investment capital. However, investors with Passive Investments reported the highest losses.
Continue reading “Junk Status – Protecting your investments”
Good Debt vs Bad Debt
When it comes to debt, there is the misconception that all debt is bad.
Not many people understand the concept of “Good Debt” vs “Bad Debt”. Continue reading “Good Debt vs Bad Debt”
Buying Off-Plan
When you make an Off-Plan purchase, you are essentially buying a home that does not yet exist. There are quite a few details which need to be verified before you decide to go ahead.