When asked who wants to be a millionaire, anyone would undoubtedly answer yes! However, the belief is often that this is impossible — unless through some stroke of luck or good fortune you get a windfall of money. We would like to disprove this theory and show you that it is indeed possible to become a millionaire through diligent saving.

What it requires are a few simple, but not easy, habits.

  1. Start and stick to the habit of saving
  2. Be patient

At Morningstar, we did some work to look at the amount of time it would take for your investment…


The importance of good saving habits

As we emerge from the stringent lockdown restrictions of the past 100 plus days, many of us are now facing a world that looks quite different from what we were used to merely months ago. For many of us, things have changed drastically, especially financially. With July being “National Savings Month” in South Africa, it is perhaps time to pause and dwell a bit on the topic of savings.

Countless individuals have been faced with and/or might still face retrenchment, having to take unpaid leave, drastic salary cuts or the possibility of losing their…


A timely message from Tony Robbins, world renowned peak performance coach

To say we are living in uncertain times is a massive understatement. I’ve been blessed to be on this earth now for 60 years, from the Vietnam War to 9/11 to the global financial crisis. I’ve lived through periods of tremendous change and turmoil in the world, at various moments in the history of society when no one could predict what would happen next.

But the level of fear and uncertainty we are currently witnessing is unprecedented. I see it on people’s faces, I hear it in their voices…


Exchange-traded Funds (ETFs) are among the more innovative investment products to emerge over the last two decades.

Since the launch of the first ETF in the United States in 1993, ETFs have opened a whole new vista of investment opportunities around the world as well as in the South African market.

What are ETFs?

ETFs are open-ended index funds that are listed and traded on exchanges like stocks. By considering this definition more closely, one can grasp several important characteristics of ETFs that distinguish them from other investment alternatives.

ETFs are:

  • index funds or index trackers — products that track…

Dr Paul Bayliss, Absa Art and Museum Curator, says the world of investing in art is not an easy one for amateurs to navigate.

For one, it’s immense, and knowing what you are looking for can be incredibly difficult, even for experts. He also says that investors should compare the returns on investment in art with that of other investments, as the wise investor would do with any type of investment.

So where should you start? Dr Bayliss says the first aspect to consider is that the art market is no different from the stock exchange — it is in…


January is finally behind all of us and hopefully your financial hangover from December is also now behind you. So it is a new year and you have heaps of dreams and goals that you want to achieve this year. A lot of the goals have to do with getting your finances in shape. Whether it is updating or starting with your budget, making the decision to start to save for retirement or ensuring that you have money for this coming December — the process is always the same.

Psychologists and physicists have studied human excellence and have identified why…


January is finally behind all of us and hopefully your financial hangover from December is also now behind you. So it is a new year and you have heaps of dreams and goals that you want to achieve this year. A lot of the goals have to do with getting your finances in shape. Whether it is updating or starting with your budget, making the decision to start to save for retirement or ensuring that you have money for this coming December — the process is always the same.

Psychologists and physicists have studied human excellence and have identified why…


We all have those days. Those backbreaking days that have you yearning for a great holiday to relax and unwind. Unfortunately the reality is that we all want to travel the world and have long extended holidays but very few actually do it. Why? We simply can’t afford it. Yip, sad but true.

But what if there was actually a way to have awesome holidays? All that needs to happen is to have a financial plan in place that will create the blueprint for your holidays, forever. This might sound unlikely but actually it is not. The trick is to…

Gustav Neethling

Certified Financial Planner®

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