Sir Franklin Templeton, one of the greatest investors of this century, is quoted as saying the four most expensive words when it comes to investing is “this time is different”. The current level of negative sentiment in SA is resulting
Sometimes I wish I had listened to my Mom and studied medicine. She figured I would make a cute doctor, which I am not sure is reason enough to have become a doctor, but moms usually know best. That said
Subsequent to writing the article below, the President has announced a dramatic u-turn by appointing Mr Pravin Gordhan as the Minister of Finance. Mr. Gordhan is highly regarded having previously served as the Minister of Finance after Trevor Manuel. Mr
There is a TV programme in the UK called, “Your money or your life”; the presenter interviews clients who are usually in desperate need of financial planning. Part of his approach is psychological; he discusses the client’s aspirations, their relationship
Albert Einstein is reportedly quoted as saying insanity is doing the same things and expecting a different outcome. Investors might feel the same way about changing an investment strategy that is currently working. Why fix something that’s not broken. I
The following extract was taken from an article by Gerda van der Linde Executive Director Institute of Behavioral Finance: “Capital preservation remains a vital ingredient and a major concern for investment strategy over the short to medium term, not taking
Many of my clients have recently approached me to determine if they have enough capital to retire with. I think the reason for this is the fantastic growth we have witnessed from investments and properties over the past decade, which
Reading the 1st interim report on estate duty by The Davis Tax Committee (DTC) reminds me of the joke re: a new simplified tax form with only two lines: How much money did you make? Send it to us! Judge
As a 20 year old backpacker hitchhiking through Europe I had planned to run with the Bulls in Pamplona Spain, unfortunately I never made it to Spain. But thinking back as a fearless or stupid youngster this was probably a
This week all investors eyes and hears will be focused on Mrs Janet Yellen, Governor of the Federal Reserve, when she announces the decision on whether to raise US interest rates in June. The reason for this is that US