Investment Downgrade

Ten days ago I wrote about our high current account deficit and how it may affect our investment rating, unfortunately last week ratings agency Fitch released their outlook and rated us as unstable, down from stable. Standard and Poor’s followed suite,...
Platinum Strike

Platinum Strike

How much is the platinum mine really costing us? The mines and current strikes seem so far away, it might even be something we have become used to hearing on the radio or seeing the headlines of our daily newspapers, “Unresolved strike action”; “Basic salary not...

Economic outlook

I recently attended Coronation Fund Manager’s economic overview and I have included a few highlights below. Globally all key metrics indicate that developed markets are in recovery mode. Unemployment in the United States has declined and forecast to be 6% for 2014....

A piece of the budget pie.

Where does one start? How does one go about setting up a functioning budget? How does one live within one’s budget? You might be asking these questions as you monthly scrabble to make ends meet. Or you might be asking: how do I invest my extra money wisely? Whether...

Does money stick to money?

Does money stick to money? That’s the question my seven year old asked me recently. I was explaining to my children how money grows. My girls wanted to know how one earns lots of money and asked if they worked really hard, for many hours would they earn lots of...