Personal Finance Newsletter - Volume 2014, Issue 399, 2014
Volume 2014, Issue 399, 2014
Author Matthew LesterSource: Personal Finance Newsletter 2014, pp 1 –5 (2014)More Less
Source: Personal Finance Newsletter 2014, pp 5 –6 (2014)More Less
Author Steven JonesSource: Personal Finance Newsletter 2014, pp 6 –7 (2014)More Less
Life assurance, in its purest form, is designed to provide your loved ones with a sum of money from which they can pay outstanding debts and invest the balance in order to live - all for a few hundred rands each month. In fact, for a young person who is starting out in life with no assets worth mentioning except for a house and car, both of which are financed, there is no other product that can provide this kind of peace of mind.
Author Magnus HeystekSource: Personal Finance Newsletter 2014, pp 10 –12 (2014)More Less
When you hear the term "gold rush", you invariably think of some solitary mining prospector digging endless holes in the ground somewhere out in the boondocks until, one day, he strikes a vein filled with gold speckles. Word gets out and soon you have hundreds, if not thousands, of gold seekers rushing to that area by whatever means they can, to participate in the riches that beckon.
Author Steven SchultzSource: Personal Finance Newsletter 2014, pp 12 –13 (2014)More Less
The moment to be most fearful is when everyone else is blissfully unconcerned. This simplistic yet telling investment wisdom comes courtesy of the legendary Warren Buffet. During the course of 2013, we continued to observe once traumatised investors persist with their seemingly unrelenting pursuit of equities, with share indices throughout the world concluding the year at record highs. It is against this intoxicating backdrop of buoyant global equity markets that South African investors should pause and reconsider whether their portfolios remain well-positioned for the rest of the year ahead.
Author Judy GilmourSource: Personal Finance Newsletter 2014, pp 14 –15 (2014)More Less
Treating Customers Fairly (TCF) is the new mantra in financial services, and will be at the heart of future supervision and regulation in South Africa. Those in the industry are actively readying themselves for TCF, and are embarking on implementation plans across their multiple business models and product lines. There is no official once-off launch date for TCF; rather, it will incrementally start appearing in new legislation, education, and guidelines, and become core to investigations into financial services practices by the Financial Services Board (FSB).
Source: Personal Finance Newsletter 2014, pp 15 –16 (2014)More Less
Asset allocation unit trusts have come to dominate the local industry. The latest statistics from the Association for Savings and Investment SA (ASISA) show that there is more than twice as much money invested in South African multi-asset funds as in local equity funds.