What to do with your first paycheck

You are about to get your first paycheck. You can finally buy that brand new car, those famous big brand clothes, the latest smartphone or even that LED TV you’ve had your eye o­n for months. But don’t forget to also make plans to grow your hard-earned money. With a poor savings culture in SA, […]

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Stay glued to shares – not TV news

Give up on watching the TV news, but don’t give up on the share market. That’s the advice to long-term investors from Imara Asset Management South Africa, an asset management and financial advisory business that’s concerned about the possible impact on wealth creation of news coverage around this year’s strike season. Managing director Lara Warburton […]

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Four contrarian opportunities for equity investors

By Max King, strategist, Investec Asset Management Over the last year, markets have enjoyed stellar performance – since June 2012 there has not been a month with a decline above 1%. The MSCI All Countries World Index returned a robust 25% in US dollars and 30% in sterling, from mid-July last year to the middle […]

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Join us at the FPI Expo

This week sees the annual FPI – Financial Planning Institute of SA – Convention from 11 – 12 June. The Convention will be held at the Sandton Convention Centre and features Jonathan Jansen as its first speaker on Tuesday morning (11 June). Money Marketing will be at the FPI Expo on the 5th floor – […]

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Top three in line for financial planner of the year

The Financial Planning Institute (FPI), a SAQA approved professional body, has announced the names of the three professional financial planners who have progressed to the third and final round of the competition. The group of finalist will today present to a panel on a selected topic and questioned on a variety of industry trends, topics, […]

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The birth of a leading global currency – the RMB

China’s currency, the renminbi, is a relative newcomer to the world stage – Andrew Dell, Chief Executive Officer for HSBC Africa, offers an overview on the importance of being renminbi-ready. History is full of dud predictions – from economist Irving Fisher’s declaration that stocks had reached a “permanently high plateau” just before the Wall Street […]

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Seven keys to a healthy credit rating door

Among an individual’s most valuable assets is a healthy credit rating. “Every effort should be made to gain and maintain such a rating, as it will stand you in good stead for all the transactions you undertake in the long-term future,” says Michelle Beetar, MD of information services company Experian SA. Although there is no […]

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Don’t let life’s surprises affect your finances

The news that Oscar-winning actress Halle Berry has fallen pregnant at the age of 46, after having her firstborn at 41, came as a surprise to many, but statistics reveal that women are increasingly choosing motherhood at a later stage in their life. According to Kirsty Buchanan, a financial planning coach at Acsis, a leading […]

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The hurdles of complying with plain language legal requirements

The use of plain language to protect consumers is increasingly becoming a legal requirement in South Africa with several pieces of legislation already stipulating that consumers have a right to information that is accessible and can be easily understood. James Wynne, a commercial attorney and plain language drafting specialist at Caveat Legal, says while the […]

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Make sure all your belongings are insured if you are co-habiting

Unmarried couples who live together or keep their possessions at their partner’s residence face an increased risk of insurance claim rejections for personal belongings if they fail to fully disclose their living situation to their insurers. As a result, it is important for unmarried couples to contact their insurance provider to ensure their belongings are […]

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