Personal Finance Newsletter - Volume 2014, Issue 396, 2014
Volume 2014, Issue 396, 2014
Author Sasha PlantingSource: Personal Finance Newsletter 2014, pp 1 –2 (2014)More Less
In the average working household in South Africa, death or disability involving an income earner would force the rest of the household to cut expenses by 33% for death and 37% for disability. Alternatively, the remaining income earners would have to up their income by 44% or 59% respectively.
Author Magnus HeystekSource: Personal Finance Newsletter 2014, pp 2 –4 (2014)More Less
If you asked the average South African (if there were such an animal) whether we were a predominantly free-market economy or a socialist one, the answer would almost automatically be a nod for the former. However, that would be ignoring the rapid inroads by government and its regulators into almost all aspects of our daily living. There is almost no sphere of human activity were we are not regulated in one way or the other, in many ways far more intrusive and authoritarian than what we voted to change almost 20 years ago.
Author Anna-Marie SmithSource: Personal Finance Newsletter 2014, pp 5 –7 (2014)More Less
Slow and steady improvement could see SA's residential sector preparing to overtake five years of inhibited growth. Market leaders say that the way forward for this sector remains heavily dependent on both institutional and industry support. Real growth at all levels requires all-round cooperation to achieve sound legislation, high levels of service excellence, and industry transformation.
Author Julius CobbettSource: Personal Finance Newsletter 2014, pp 7 –8 (2014)More Less
High-yield investments can be tempting - especially when interest rates are low and banks pay a miserable 1-2% on a savings account. But before you transfer your cash to something more lucrative, consider that the investment landscape is littered with the corpses of seemingly legitimate high-yield investment schemes.
Author Warren IngramSource: Personal Finance Newsletter 2014, pp 8 –9 (2014)More Less
The stellar performance of the JSE over the last two years is creating understandable anxiety about a potential market crash. At the same time, it is also luring some investors into dangerous territory as they start to follow funds and shares that have already performed brilliantly, in the hope that this performance will continue.
Author Felicity DuncanSource: Personal Finance Newsletter 2014, pp 9 –11 (2014)More Less
Source: Personal Finance Newsletter 2014, pp 11 –12 (2014)More Less
Author Steven JonesSource: Personal Finance Newsletter 2014 (2014)More Less
Appointing an executor of your estate is not a task to be taken lightly, and it is usually recommended (especially where there is complexities arising from the distribution of the estate or the composition of the estate assets) to have a combination of trusted family members and appropriately-skilled people involved with the winding-up of your estate.
Source: Personal Finance Newsletter 2014 (2014)More Less
No payments in excess of R100 000 with regards to assessed tax, value-added tax or employees tax may be made to the South African Revenue Service (SARS) by cheque anymore. In fact, the revenue authority prefers that taxpayers pay any taxes due by way of electronic funds transfer (EFT). While SARS still issues cheques to refund taxpayers in exceptional cases, the authority itself also favours electronic payments for refunds.