Tax Free-Savings Plan

The Tax Free-Savings Plan is a great initiative from Government to encourage savings. It does not attract any tax and is structured in a cost-effective and transparent manner. You can save up to R30 000 per annum and R500 000 in a lifetime. Most insurers have started...

Have I lost my capital?

If the market is down have I lost my money? It is a common question I get asked. Have I lost capital if my current value is less than it was a few months ago? There is nothing harder than seeing that our investment has dropped in value. But the fact of the matter is...

Budget 2015/2016

The budget was not as bad as predicted and the minister was more cautious than expected. We can only speculate as to the reasons for this, but the fact remains that we can expect to pay more taxes going forward—they will continue to increase for the foreseeable...

Vitality 2015

If you are not a member of Discovery, I apologize in advance as today I want to highlight a few changes that Discovery has made. This is not a conclusive list but rather a few things I have found helpful. Firstly – the HealthyFood benefit has changed. No longer do...

It’s the year of…

The Chinese say it’s the year of the sheep, a slow and steady year. I guess the Europeans would disagree, with the financial markets already in disarray barely a few weeks into 2015. The Americans seem optimistic as employment figures are positive. And what about us...