I had a conversation this week about the performance of Unit Trusts (UTs) in South Africa and how unfathomable it is 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 …
The power is off for the second time today, dogs are barking, kids are screaming and the alarm is beeping non-stop. Depending on who you ask it will end next month or next year. This leaves you with a few options: Light candles and pretend that you are making it romantic Buy the biggest generator …
I recently switched our car and household content insurance to Discovery Insure with the included Discovery Drive. I was sceptic since I don’t like the idea of having to do things in return for discounts. I’m lazy like that. The thing with incentive schemes is to make sure that you will earn points without having …
The key to financial independence is adopting good habits and applying them consistently. I don’t want to sound like a Prudential advertisement, so bear with me. The problem is we don’t always know which habits we should keep and which to kick to the curb. Here are some of the financial habits that I have …
When you Google recipes for hummus, the first two results go something like this: You read through a 10-page monologue about what the author’s husband thinks about hummus and where they had it for the first time. Then after you’ve skipped over that, you finally get the recipe at the end. This story is going …
I am enjoying writing this blog and hope to create a community of like-minded people. I am sharing my road to financial independence 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. Financial independence does …
I’ve wanted to do an Easy Equities review for a while now since they won the Intellidex Top Stockbroker award. When I started investing, I knew about Easy Equities and their affordable offering, but I still chose to go with a trading platform offered by a bank. It is strange how the mind works sometimes. …
