Diversification is not putting your eggs in one basket. Basically, don’t bet your house on any…
Ring a bell to anyone? Reminds me of those charts that say “If you had invested $1 with us 30 years ago, look how much money you’d have!”… I am sure every financial firm has those charts on tap.
https://youtu.be/DWru4JhpYWU
I am not investing for retirement. That is depressing. My motive? Flexibility. I don’t dream of billions of Rands (or millions of dollars 🙂 ). I just want enough to live the good life. For everyone, the good life is different.
Without any advisor fees, many “low-cost” options are well north of 1.50% (ex VAT) per annum. If we add advisor fees and then add platform fees the…
Let’s get one thing out the way. There is no strong case for active management. It is costly and underperforms its passive counterpart on average. But can some forms of active management be beneficial? I think so. Active management must be low-cost and long-term to add any…
In Forget the Noise, I propose building an income stream by using a majority of South African-listed assets. I have been doing a lot of reading recently which challenges this belief. There is, of course, a lot of noise in the SA press about “state capture”, “corruption” and…
