Savings & Investments articles
5 Questions to ask about your investments
It takes diligence and patience to build an investment. Any financial adviser would encourage you to leave your growing lumpsum, in spite of small fluctuations in the market. However, at what point should you consider moving your investment elsewhere?
How to spend a lump sum for great returns
Imagine you win the lotto. Anyone in this position would be ecstatic! But once your excitement settles down, you’ll have to consider what best to do with this money.
How much money do you need to move abroad?
Moving abroad means uprooting your life and transferring everything you have to a foreign country – including your finances – which can be both risky and expensive. So, what are the costs of doing this, and how much should you...
Will your retirement annuity pay out if you’re terminally ill?
Being diagnosed with a terminal illness, such as cancer, is distressing. Not to mention the financial implications of caring for yourself during this trying time. But what does this mean for your retirement annuity (RA)?
3 Ways to save for your child’s education
Tertiary education is extremely expensive, and even more so when your child has dreams of becoming a doctor, or lawyer for example. As a parent or guardian financing these dreams is often a concern. But it needn’t be if you plan ahead.
Retail notes - an easy investment option for new investors
Being a newbie in the world of investing can be challenging because you don’t know where and how to invest. With so many investment options, you could easily be befuddled. Justmoney looks at how retail notes can help you cut your teeth in...
2 Financial planning mistakes that women make
Women make up 51% of the population in South Africa. However, statistics show that compared to their male counterparts, women are less insured, and they invest less. Justmoney spoke to Daphne Rampersad, a financial planning specialist at Li...
One retirement, so many funds – pick the right one
Saving for retirement should be one of your priorities. However, it can be confusing to choose between a pension fund, provident fund, preservation fund, or a retirement annuity if you’re not familiar with them.
Spreading the risk with investment clubs
Breaking into the investment world can be tricky when you’re still figuring out the difference between equities and derivatives. As a result, some people choose to ban together in an investment club so they can bounce ideas off one anothe...
What are the advantages of tax-free savings accounts?
With a notoriously low savings rate in South Africa, the government attempted to remedy this by introducing tax free investments from March, 2015.
The cost of switching to a new unit trust
There are many benefits to investing in a unit trust, but this does not mean profits will continue to stream in. Just like other investments, unit trusts come with risks and sometimes it is best to reassess its value.
The cost of private education – how to plan for it
The need for structured education of a higher quality has driven a historic rise in private school enrolments. Most parents would love to have their children receive the individual attention and access to resources that private schooling offers.