Category: Investment

Saving can make life more enjoyable
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Saving can make life more enjoyable

Too often, saving is seen as something to avoid—no wonder we have such a low savings rate. Actually, we should welcome it because if our saving is on track, we will enjoy our spending so much more. By Natasja Hart, Wealth Manager, GCI Wealth The latest Old Mutual Savings Monitor confirms that while South Africans...

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Why not to take your money offshore

The relegation of South Africa’s bonds to junk status has prompted many South Africans to rethink their investment strategies, and begin moving money offshore. Not necessarily such a good idea, argues Alex Funk, CEO of Cinnabar Investment Management, an independent discretionary fund management business. “Taking money offshore is only prudent when the decision is prompted...