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Zuma-saga: We only hope sanity prevails

Zuma-saga: We only hope sanity prevails

Why all the fuss over the recent cabinet reshuffle and the firing of Pravin Gordhan (PG) as Minister of Finance.   Quite simply the treasury has been “captured”; the next institution under threat would be the Reserve Bank and then the

mw@dmin April 13, 2017July 20, 2017 Investor Behaviour, Market behaviour Read more

Prediction, in the end, is mere speculation

Prediction, in the end, is mere speculation

At the risk of committing career suicide I would like to admit the following.  I have no idea the affect Trump will have on our share market over the next few months…..I can hear the response “What! You don’t know.

mw@dmin March 30, 2017July 20, 2017 Investor Behaviour, Market behaviour, Market Drivers Read more

More relief expected for consumers

More relief expected for consumers

Eight years after the global financial crisis the world economy is expected to have its best year as broad based synchronised growth takes hold across the globe.  Even SA is expected to deliver growth of around 1.5% vs. a dismal

mw@dmin March 16, 2017March 16, 2017 Market behaviour Read more

2017 Budget – Striking a very delicate balance

2017 Budget – Striking a very delicate balance

Several years back I wrote an article titled “Lekker by die See, maar duur by die See”, which translated means “Nice by the Sea, but expensive by the Sea”.  The gist of the article was the prospect of future higher

mw@dmin March 2, 2017March 2, 2017 Tax Read more

Defining risk, counter-intuitive thinking

Defining risk, counter-intuitive thinking

Blame it on a mid-life crisis, but I recently acquired a motorcycle much to my mother’s dismay.  I vividly recall the same response from her some 32 years ago when my Dad agreed to me getting a 2nd hand 50cc

mw@dmin February 16, 2017February 16, 2017 Investment Risk, Investment Strategies, Investor Behaviour, Market behaviour Read more

Interest-free loans to trusts can have positive spin-offs

Interest-free loans to trusts can have positive spin-offs

The recent Tax Law Amendment Bill included amongst others, changes to the taxation of zero interest and / or low interest loans to trusts, which will come into effect on 1 March 2017.   Zero interest loans and / or loans

mw@dmin February 2, 2017February 2, 2017 Estate Planning, Personal Finances, Tax Read more

To meet reality you might have to lower your expectations

To meet reality you might have to lower your expectations

The secret of happiness or rather the reason for unhappiness is the gap between our objective reality and our imagined expectations.  If you imagine yourself flying 1st class, you are not likely to be very happy while sitting in coach. 

mw@dmin January 19, 2017January 19, 2017 Investment Risk, Investment Strategies, Investor Behaviour Read more

How best to survive doldrums

How best to survive doldrums

The doldrums are noted for calm periods around the equator when the winds disappear, trapping sail-powered boats for periods of days or even weeks.     There are many stories told of sailors going completely crazy while desperately hoping for wind and

mw@dmin December 15, 2016December 15, 2016 Investment Strategies, Market behaviour, Market Drivers Read more

Foreign investment headwind

Foreign investment headwind

It is interesting how Rand weakness seems to negatively affect our collective psyche and overall sentiment, notwithstanding that most South Africans probably don’t understand the full implications of currency weakness.   Maybe it’s our fears of becoming a banana republic like

mw@dmin December 1, 2016December 1, 2016 Investment Risk, Investment Strategies, Market behaviour, Market Drivers Read more

Don’t follow the short-term herd

Don’t follow the short-term herd

The problem with having written this column for 15 years is that you eventually start sounding like a broken record, for millennial readers that is those vinyl black things in a cardboard box in the garage.   The thing about successful

mw@dmin November 17, 2016November 17, 2016 Investor Behaviour, Market behaviour Read more
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