n Personal Finance Newsletter - Avoid multiple-income tax pain : tax
|Article Title||Avoid multiple-income tax pain : tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Jul 2015|
|Pages||3 - 4|
This article was originally published in the January 2012 issue of Moneyweb's Personal Finance, but has been updated to take into account the current (2015/16) tax tables.
A favourite mantra of many investment advisors is 'diversification', which is a fancy word for what your grandmother would call "not putting all your eggs in one basket". Simply put, there are different types of investment markets (equities, property, bonds, cash, etc.) whose movement is driven by different factors, so in order to reduce one's risk it is usually considered prudent to have a portion of your money invested in various different assets.
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