support@wealthps.co.za | +27 (0) 21 447 1224
Retirement planning is usually about making sure you have enough money to last. You build a nest egg, work out how much you can safely withdraw, and try to protect your income against the uncertainties of markets, inflation and longevity. But what happens when things go better than planned, and your portfolio grows rather than shrinks? Then it’s time to push the fears aside and seize the day…
According to a new study, South African families are largely underprepared for the administrative implications of the death of a loved one. The results are deeply concerning. In this article, we look at what goes into estate planning, why it matters, and how to make sure you are prepared.
Mention the word “budget” and enthusiasm tends to go up in a puff of smoke. The B word suggests fewer dinners out, cheaper holidays and the uncomfortable business of working out where last month’s money went. Budgeting is usually presented as an exercise in cutting back. But used properly, a budget can reveal how much is going towards things we barely value anymore … Often at the expense of things we would much rather be doing.
“I can calculate the motions of the heavenly bodies, but not the madness of people.” (Sir Isaac Newton, after losing a fortune in the South Sea Bubble, 1720) Newton’s post-South Sea Bubble lament in the 18th century feels timely again. This week, market historian...
According to the US Bureau of Labor Statistics, the average person stays in a job less than four years. Most people will switch employers multiple times. This might mean you have more opportunities to boost your salary and career prospects, but it also means you’re triggering many decisions about what to do with your retirement savings. Let’s look at how the “two-pot” retirement system has changed resignation rules for fund members, and break down your options when moving to a new job.
US Treasury yields hit their highest levels since 2007 in August, highlighting that investors are losing their patience with the US’s mounting government debt exposure and failure to bring inflation down to its target.
Usually, the US’s woes become South Africa’s. But remarkably, domestic assets haven’t been caught up in the sell-off so far. The attractive carry trade is holding up the bond market and strengthening the rand. The question is how long the good times can last.
Private credit is booming. But what does it mean for you and me? Once associated with high-risk lending, private credit has evolved into a sophisticated, institutionalised market filling gaps left by traditional banks. Understanding why it’s growing, and who’s driving the demand, offers a useful window into how global markets are changing, even if you never invest in private credit yourself…
After years of market turbulence followed by surprisingly resilient recoveries, many investors are asking an unexpected question: “Am I being too cautious?”
Let’s look at how recent experience shapes our perception of risk, why discipline still matters, and the role thoughtful financial advice plays in keeping emotions from driving investment decisions.
For a long time, a second income was a nice-to-have: a “side hustle” that brought in some extra spending money, or was a way to express your interests and creativity outside of work. But it is increasingly becoming something entirely different: ‘career insurance’.
In this article we look at a profound shift in how people think about a second income, and why it is becoming more critical.
This year, just about everything that could go wrong has gone wrong. But despite the turmoil markets have shown remarkable resilience. Time and again, investors have been confronted with events that seemed destined to derail global growth, only for fundamentals to reassert themselves. As wars, technology, and economic policy continue to pull markets in different directions, one question remains: why do markets keep ending up in almost exactly the same place?
