Personal Finance Newsletter - Volume 2005, Issue 297, 2005
Volume 2005, Issue 297, 2005
Author Felicity DuncanSource: Personal Finance Newsletter 2005, pp 1 –3 (2005)More Less
Extracted from text ... COMMENT Watch out! It may be closer than you think Social Health Insurance is on its way (maybe?) THERE is plenty of misinformation around regarding the department of health's (DOH's) proposed social health insurance (SHI). It's an old idea, dating back to the late 1990s, when government began to consider instituting some type of national health system in the fashion of the UK. SHI is one step along the path to a co-ordinated national health system (NHS) with equitable access for all. The first phase in the long-term realisation of the NHS is aimed at those who already have ..
Author Julius CobbettSource: Personal Finance Newsletter 2005, pp 3 –4 (2005)More Less
Extracted from text ... Moneyweb's PERSONAL FINANCE August 2005 3 ALTERNATIVE INVESTMENTS UNLISTED shares hold a romantic appeal for many investors. The idea of nurturing small start-up companies and at the same time gleaning a financial reward is certainly engaging. Imagine, for example, that you had bought shares in Pick 'n Pay when it was still a fledgling company. That investment would have paid for itself many, many times over. However, the reality is that the recent history of unlisted shares has been less than stellar. In fact, the success rate of shares touted by unlisted-share peddlers in the past five years has been ..
Author Ana MoneiroSource: Personal Finance Newsletter 2005, pp 4 –6 (2005)More Less
Extracted from text ... 4 August 2005 Moneyweb's PERSONAL FINANCE INFORMATION TECHNOLOGY An IT overview Who's hot and who's not in the IT sector. By ANA MONEIRO MONEYWEB'S Personal Finance takes a look at the six-month performance of the 41 JSE- and AltX-listed electronics, information technology (IT) hardware and software businesses in this article, and attempts to shed some light on what to expect from the best and worst performers going forward. The gold medal goes to... The top performer in the six months to June 20 in terms of share price is Faritec, rising 117.4% from 23c a share at the beginning of ..
Author Chris NthiteSource: Personal Finance Newsletter 2005, pp 6 –7 (2005)More Less
Extracted from text ... INVESTMENT PROPERTY Is the rental market a house of cards? Mixed feelings about investing in the buy-to-let market. By CHRIS NTHITE "DON'T buy another house or apartment with a view to letting it out, " has been the warning from many local property industry commentators. Independent property economist, Erwin Rode, has warned that scraping together every bit of credit you can find to invest in a house or flat-to-let is not the wisest investment decision to make right now. Rode said that what has actually "... the reality is that SA has a two-speed property market." happened in the ..
Author Monique VanekSource: Personal Finance Newsletter 2005, pp 7 –9 (2005)More Less
Extracted from text ... ASK PERSONAL FINANCE Investing on the JSE Securities Exchange: A cheaper way? By MONIQUE VANEK Question: I would like to invest directly onto the JSE Securities Exchange, rather than through unit trusts, but the price of some of the decent shares make it too expensive to buy round lots and at the same time ensure that my portfolio is sufficiently diversified. Is there a cheaper way of investing in quality shares without having to resort to the unit trust route? I want to manage my own portfolio. Personal Finance responds: For those who have never bought shares, or are considering ..
Source: Personal Finance Newsletter 2005, pp 9 –11 (2005)More Less
Extracted from text ... IN the April 2005 issue of Moneyweb's Personal Finance, readers will recall my article dealing with the tax opportunities provided in Finance Minister Trevor Manuel's Budget speech. Being someone who likes to put his money where his mouth is, I used the tax concessions as the final key to fulfilling a dream that has been almost three years in the making - my own accounting and tax consultancy. However, thinking back to my first exposure to accounting way back in Standard Six, I am reminded of the most fundamental rule of accounting: for every credit, there must be a debit. ..
Author Jackie CameronSource: Personal Finance Newsletter 2005, pp 11 –13 (2005)More Less
Extracted from text ... Moneyweb's PERSONAL FINANCE August 2005 11 IF you're at or close to retirement, the chances are you are wondering where to invest your money right now to generate a decent income from your assets without risking your capital. With interest rates at their lowest levels in more than 20 years, bank accounts and money market funds, though popular, aren't a great place to be. For Richard Hasson, one of the brightest young stars in the country's asset management industry, provided you've got your total asset allocation right, investing in a bank rather than handing cash over to a bank manager ..
Author Geoff CandySource: Personal Finance Newsletter 2005, pp 13 –14 (2005)More Less
Extracted from text ... RESIDENTIAL PROPERTY Moneyweb's PERSONAL FINANCE August 2005 13 A HOUSE is often seen as much more than just a shelter - many people see it as security for the future and an expression of who they are. Buying a home is often a very emotional decision. But, in a property market full of soaring prices, exuberant developers and doomsday profits shouting that the bubble will soon burst, is now the best time to be buying a house? A number of property experts do not necessarily think so. Erwin Rode, CEO of Rode & Associates property valuers and economists says: ..
Author Barry SergeantSource: Personal Finance Newsletter 2005, pp 14 –15 (2005)More Less
Extracted from text ... 14 August 2005 Moneyweb's PERSONAL FINANCE INVESTMENT MARKETS IN THE wake of the London terrorist bombings, investors have ironically been dealt a flow of cards flashing increasingly upbeat global and corporate data. This has connected multi-year highs in many stock markets around the world, and increased confidence among investors almost everywhere. Markets are tough places, and like life itself, markets go on. People and markets have been exposed to horrific terrorist attacks since that fateful day on 11 September 2001, when central Manhattan in New York City suffered one of the most brazen and deadly onslaughts yet known, on ..
Source: Personal Finance Newsletter 2005 (2005)More Less
Extracted from text ... ?? AT the time of writing, the Rand had weakened against the US dollar from around the R6 mark to R6.67 - a decline of some 11%. If the Rand stays at these levels, expect the cost of all imported goods to increase in price once current stocks have been depleted. If you are in the market for a new television set, computer, or home theatre system, the time to buy is probably now. However, this may not necessarily be the case for newer technologies, such as the IPod music player which is fast becoming the "must-have" accessory for ..