Market Trends

This week I would like to look at the financial trends of the past few years.  With the onset of the recession unemployment has risen to 6.5% in the United States. As the old adage goes, “When Wall Street sneezes; the rest of the world catches a cold.” So what happens...

Tax 2014

The budget came out at the end of February this year and this year was an especially hard one for Finance Minister Pravin Gordhan South Africa has been devalued by the global credit rating agencies and with our GDP sitting at 1.9%, Gordhan cannot be seen as being too...

Your snowball

Previously I wrote about good and bad debt and this week I want to look at cumulative interest. Compound interest is the strongest force in nature, according to Albert Einstein. How can it be so powerful? How does it work? Take a set of twins for example; Mary saves...