Off The Beaten Track

tax free savings

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 [...]

ETFs, Tax-free savings accounts or endowment policies – saving options for your child’s education

February 22, 2016 // 0 Comments

This article first appeared in City Press, November 8th 2015 edition. The student protests over the past few days have highlighted the high cost of tertiary education. For many, the cost of registration alone is enough to shut the door of opportunity. The South African Institution of Race relations reported that only 5% of South African families could afford to send their children to university. While the government may or may not decide to make higher education free, parents of young [...]

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 [...]

Investing, Fast and Slow

July 21, 2015 // 0 Comments

There’s a little panic that sets in, and takes a while to leave when you first start investing and you’re also on the wrong side of 25 (Or 30). SO many things have your attention: should you buy a car, how about a house? What do you save up for first? Where do you even begin investing? What if the markets crash? Do you have enough money saved in your emergency fund? All these questions can leave you overwhelmed by the process of organising your finances which can either drive you to [...]