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Personal Finances

Tax the Rich

Tax the Rich

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

mw@dmin September 10, 2015October 25, 2016 Personal Finances, Tax Read more

Hungry mouse or greedy man?

Hungry mouse or greedy man?

To catch a mouse you need a mouse trap.  The most essential part of the mouse trap is the cheese, which is used to lure the unsuspecting little fellow to his demise.  In financial services there are similar traps, which

mw@dmin November 27, 2014October 27, 2016 Personal Finances Read more

Tax Free Savings Accounts (TFSA)

Tax Free Savings Accounts (TFSA)

Now that the hype and fanfare has died down a bit, I would like to discuss tax free fee savings accounts (TFSA), which were introduced 1 March of this year.  TFSA allow taxpayers the opportunity to save R 30 000

mw@dmin July 10, 2014October 27, 2016 Personal Finances, Tax Read more

Saving Oneself Poor

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

mw@dmin July 10, 2014October 27, 2016 Investment Risk, Investment Strategies, Personal Finances Read more
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