
hmmmmmmmmm - the "usual" advice, nothing new here
But tell me, how does n=one "Rather save for a few months and buy one big item per month", as advised here?
Sounds impossible, by definition
by Munch
25 August 2010 00:55
The stock markets are going through an extended period of volatility or turbulence that is causing enormous uncertainty for investors. Those who do not have the necessary tools to navigate this turbulence are struggling and losing money as a result. There are ways to thrive in this turbulence but you need to be prepared to follow your own path and ignore the noise. I recently attended a presentation by one of my favourite investment thinkers, Herman Steyn from Prescient Investment Management. I was particularly interested to hear his thoughts on the current state of the world as he has a very different view to his peers and is not afraid to express his views. He had some interesting views on how you manage your money in uncertain times.
10 August 2010 22:34
DINOKENG: Questions most frequently asked of professional investors include; "what is the rand going to do?" or "where are the markets going?" and "should I switch my investments to cash because I don't want to lose money?" We would all like to know what is going to happen to our investments; however there are very few good answers to these questions. Simply put, no one has any real idea of what is going to happen to the rand or the stock markets. If you need to make investment decisions, the solution to the problems posed by unpredictable investments is to navigate around them.
28 July 2010 12:54
JOHANNESBURG - I received many e-mails after my last article requesting more information about exchange traded funds (ETFs). Most of the people were asking for recommendations about which ETFs to use and how to invest in these products.
14 July 2010 15:13
JOHANNESBURG - It is simple but not easy to make R1m from investing, all you need is: R5 000 per month, some patience and discipline.
The formula
There is no easy way to get rich quick. People who have become wealthy in a short space of time have either gambled or been extremely lucky. The only guaranteed way to get rich is to follow a few simple (but not easy) steps and be patient for a few years.
30 June 2010 08:01
JOHANNESBURG - It is almost unknown for a financial planner in South Africa to deride retirement annuities (RAs) even though insurance agents have used them to swindle investors for many decades. So, any article about RAs is likely to draw criticism based on valid past experience even if the products themselves have changed. This article is an attempt to provide a balanced view of RAs as they are an important part of the personal finance landscape in SA. I was sent an e-mail asking whether people should invest on their own or via retirement funds/RAs and decided to write this article in reply. I asked Daniel R Wessels who is the editor of www.indexinvestor.co.za to run a model for me to see what the numbers tell us about RAs. Wessels does some great research on the benefits of index investing and provides much of this information on his website.