What is the JSE? To understand what the JSE all-share index is, we need to start with what the JSE is. The Johannesburg Stock Exchange (JSE) is a company. This company allows companies to list their shares and for investors to buy these shares. So, the JSE and all other stock markets for that matter, …
This is the second article in the Government series of articles. The role of the South African Reserve Bank (SARB) is to “achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa”. This is extremely broad, so I will delve into some of the most important things that …
We have all seen those tweets saying that if something is 30% off, you are not saving 30%, you are spending 70%. It is a valid point and the idea is to get you to think twice about blowing your salary on useless crap a month before the December break. The thing is, I have …
There is a need to make some local Government resources available. From time to time I will just do a few posts to fulfil this need. These posts will be on top of the usual weekly posts. This post about the Government Employee Pension Fund is the first in this series of about 5 posts …
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 …
It is so easy for someone to say that the path to financial freedom requires you to spend as little as possible and then save the rest. Then keep doing this until your investments are 300 times your expenses. You have the best of intentions when you sit down and look at your budget to …
When we retire, we rely on multiple streams of income to keep us afloat. The typical retiree will have a combination of Retirement Annuities (RAs), Tax-Free Savings Accounts (TFSAs) and discretionary savings. All of these will include shares, bonds and cash depending on the accounts you have. Determining how to use these funds in retirement …
When you ask anyone (and I mean anyone) they will tell you that having kids are expensive. Parent 24 puts the cost of raising a child upwards of R90 000 per year. That doesn’t sound far off. I did an article on the cost of sending your kids to school where we saw that in …
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 …
We work our whole lives saving money for a comfortable retirement. Then shit happens and we don’t put away enough money. We realise in a panic at the age of 60 that we will fall short at 65. Not by much, but just enough that we will need to sacrifice some luxuries in retirement. One …
