What is risk identification? When you invest in assets there is always the chance that things can go wrong. It is necessary for us to know what the potential risk associated with each asset class is. This allows us to analyse and mostly mitigate the risk. This is called risk identification and management. There are …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
When we invest in different asset classes, each is taxed differently. Depending on where your money is invested when you retire, your effective tax rate will differ. This got me wondering, how badly can you fuck this up? Will you, by investing in the wrong asset classes, keep yourself from living the good life? About …
Note that this post contains a few affiliate links. Most of the things I recommend are free. If you manage to host somewhere for free, let me know, I’d be interested too. Once in a while, everyone gets an idea for something they’d like to sell online. Then the question arises where you can sell …
With the baby on the way, it’s time for us to start making the call on how long my wife will go on maternity leave. More importantly, what will we sacrifice if she did not go back to work. This got me thinking about how much we would sacrifice if she was at home full-time. …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
I had a conversation this week about the performance of Unit Trusts (UTs) in South Africa and how it is unfathomable that Exchange Traded Funds (ETFs) could outperform UTs. UTs are actively managed, obviously they should have superior performance over an investment vehicle that simply buys and holds indices. Still, the latest (December 2018) Standard …
I listened to a podcast which stated that 55% of lotto winners are worse off than they started, within 3 years of winning the lotto. This got me thinking about how I would blow the winnings. Let’s ignore the fact that I have never played the lotto and assume that I found the winning lotto …
There has been a lot of talk about how lenient capital gains tax in South Africa is. Stealthy Wealth wrote a good article about this, called I love capital gains tax. If you must pay tax, pay capital gains tax. There exists an option to reduce the tax payable on your equity investments even further …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
