Financial Advisor
Money Matters is a bi-weekly financial advice column that Mark has been writing for the District Mail, the local newspaper in the Helderberg, since 2001. We see this column as part of our corporate responsibility work as most of the
This week I would like to focus on the term capital income, which is usually used to describe the taxable portion of a capital gain realised. However, the term capital income is also applicable in retirement planning. Let me explain
Allan Gray asset management recently came under fire in an article, in which the author opined their recent poor relative performance. The author, who will remain nameless as I think he may have been looking for publicity, blamed the disappointing
The price of generating real above inflation returns by investing in the share market is accepting the inherent volatility associated with equity investing. Investors must remember that short-term price volatility is not the risk per se. The risk is how you
For 3 years now cash has been masquerading as the King. But I am sad to announce, “the King is dead, long live the King!” The reason I say masquerading is the fact that cash can never rule for long
Harry Markowitz developed Modern Portfolio Theory, which theorized that investors could design a portfolio to maximize returns by accepting a quantifiable amount of risk. In other words, investors could reduce risk by diversifying their assets and asset allocation of their investments using
Driving to Cape Town on the N2 last week I witnessed a young lady come to near standstill as she turned her head around to look-in her back window in order to check on approaching traffic before changing lanes. This
The tile of this week’s article sounds more like a tropical storm warning than a warning to investors, which may be appropriate given that TINA can be just as devastating on your wealth as a category five hurricane when making
The recent COVID-19 crisis should be a reminder that sh…t happens and the importance of stress testing your personal finances. The shape of the recovery is best described by the letter K with the upward sloping arm of the K
As it turns out my crystal ball really works. Unfortunately, I only realise that now after going through all my articles written in 2013 when the crystal ball correctly predicted the lousy returns of the last 5 years. Of course,
Guru investor Terry Smith, founder of the phenomenally successful Fundsmith in the UK, has a remarkably simple investment philosophy based on three investment rules: Invest in a good business Pay a fair price for the business Do nothing! I will