When our ancestors were running around in loincloth looking for food it was very important to be aware of threats in the environment. If you hoped to survive it paid you to remember where and when last you saw a
Spotting a lion on every corner
Is South Africa going broke?
Is there a fiscal crisis in SA; this is a nice way of asking if SA is going broke? In my opinion there are sufficient signs to warrant concern. In 2008 SA domestic debt as % of GDP stood at
Saving Oneself Poor
Only the wisest and stupidest people never change. Confucius They say the only constant in life is change. This is nowhere more apparent than in the world of investing where things change daily. How must the average investor cope with
Risk
It seems appropriate this week, given the global issues at play, to address the concept of stock market risk. The financial service industries accepted definition of risk is that of volatility, which is the up and down movements (deviation) from
Half Chance
Don’t congratulate yourself or berate yourself too much your choices are half chance. This is one of those great wisdoms of life, which can be applied to every aspect of your daily living including your investment successes and failures. Hindsight
Chess
In the game of chess the most insignificant piece on the board is the pawn. The pawn has limited options for maneuverability only able to move in one direction and often sacrificed for the bigger game plan. As a South
Bubble Trouble
The latest edition of Noseweek carries a story titled, “BUBBLE TROUBLE. A South African economic meltdown is imminent, warns the analyst who forecast the last global financial crisis”. The problem with sensationalist journalism / predictions like this is that the