Off The Beaten Track

investing

Here’s why you should get a tax-free savings account

August 29, 2016 // 0 Comments

Last year the government introduced tax-free savings accounts to boost South Africa’s savings rate. TFSAs are ideal because account holders are exempt from paying capital gains tax , tax on interest and tax on dividends. TFSAs are useful as long-term investments and parents can open them for their children. If you want a TFSA for each of your children you can save up to R30,000 a year per child. A family of five can save up to R150,000 a year. When it comes to the type of investment [...]

Easy Equities: a simple, cheap and accessible investment platform

February 17, 2016 // 0 Comments

This article first appeared in City Press, the 3rd of January 2015 edition One of the most difficult things about investing when one finally decides to venture into the world of shares and market movements is finding a platform that is beginner investor friendly. Often eager investors give up when they are faced with a trading or investing platform that is difficult to navigate and isn’t intuitive – you feel like you need a manual just to buy a handful of shares. Easy Equities [...]

Retail bonds and fixed deposit accounts: medium term investment vehicles worth looking at

February 15, 2016 // 0 Comments

This article first appeared in City Press. You can find the original article here. For those who are looking to save for the medium term and don’t plan to touch the money for at least two years, the RSA Retail Savings Bond is an attractive option. Retail bonds have no fees such as admin costs or monthly account costs, and the interest rate returns are set above inflation, meaning the value of your money is not diminished over the investment period and capital is guaranteed. There are two [...]

For the Novice Investor: How to handle a market crash

September 14, 2015 // 0 Comments

A few weeks ago China, with the second buggest economy in the world, came down with a serious bout of flu which sent trading floors across the world into a tailspin. Despite conventional wisdom consistently telling us that markets will rise and fall, you’d think experience would have taught us how to behave when markets go haywire, but the rate at which people tossed shares out of their portfolios tells you otherwise. Anytime stock markets go through a period of intense volatility you really [...]