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“Focussing is about saying no.” (Steve Jobs) What is the point of investing? In simple terms, there are only two reasons to invest: To save for a specific goal like sending a child to university or taking a holiday. These are finite targets with clear time frames. To...
“A big lesson in life is never to be scared of anyone or anything”. (Frank Sinatra) If you were born between 1946 and 1964, you are part of the Baby Boomer generation. This generation is known to be flexible and robust, having lived through many bulls and bears over...
"If you want something done right, do it yourself" – (Unofficial motto of Gen X) Gen X is the somewhat enigmatic generation group wedged between Baby Boomers and Millennials. Born from 1965 – 1980, they’re currently between 45 and 60 years old. What’s in a name?...
“Life is what happens to you while you’re busy making other plans” (John Lennon) Millennials comprise 25 to 35% of SA’s population, representing various interests, backgrounds, and lifestyles. It’s also helpful to distinguish between older Millennials and...
“Excellence is my new habit.” (Dirk Stroda) Athletes know that excelling in endurance sports and building wealth both require more than pure skill. They also demand resilience, patience, and discipline. Here are six habits that top investors and elite athletes share....
For many South Africans, the fact that the rand weakens over time against the dollar feels like the biggest reason for investing offshore. When you think that one dollar cost less than R7 in 2011 compared to over R17 today, it seems obvious that having money offshore...
“Life’s tragedy is that we get old too soon and wise too late.” (Benjamin Franklin) Born between 1997 and 2012, the youngsters of Gen Z are driving change in the investment world at lightning speed. Unlike the rest of us, they’re totally at home in a tech-driven...
“It is better to be roughly right than precisely wrong.” (John Maynard Keynes) John Maynard Keynes, one of the greatest economists and risk-taking investors around, strongly advised putting investing on ‘autopilot’, and then going out and enjoying your life! The...
As your wheel of life turns, your financial needs, goals and focuses change. When you start working, you’re absorbed by accumulating assets. Later, as you near retirement, your focus shifts to wealth preservation. And eventually, when you’re settled and comfortable in...
“There is no pebble so small that it won’t make ripples when tossed into a body of water.” (Charles Peck) In a recent blog post, financial writer Morgan Housel made an interesting observation. He wondered what would happen if people invited public scrutiny of the way...