During the past week the markets were very volatile in both an upwards and downwards trajectory, but these were our take-aways and highlights of the movements. We also note trends in the global and local economies to give you a snapshot of the current circumstances in these areas. SA Company News Mediclinic was up more
What is financial freedom? According to Moneyfit.org, ‘financial freedom’ means having enough savings, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our families. Unfortunately, life happens and very few people achieve their financial goals. Besides the increasing cost of education, electricity and fuel, unforeseen financial expenses
You already know how important it is to start investing. What you don’t know, is what the cost of your investments may be. Two types of investments may have identical returns, but the real returns – after fees and taxes – may be significantly different. The information below will focus on the costs associated with
Life is unpredictable, so despite thinking you have planned for every medical eventuality and are financially covered, you can still end up financially ruined by expensive doctor’s bills which are not covered entirely by your medical aid scheme. Medical aid schemes use a price guideline (Reference Price List) issued by the Department of Health to
TECHNICAL ANALYSIS: THIRD QUARTER MyWealth Investments aims to have a meeting every quarter. In the previous Investments Club meeting, we spoke to Chris Gilmore. The economy was seen as entering a super cycle, we saw some interesting trades and a lot happening in China, presenting opportunities for investors. Commodities: Platinum group metals (platinum, rhodium, palladium)
In case you were not one of the 141 registered attendees, or somehow missed it, we’ve provided you with a handy summary of this very informative session. Our host and CEO, Annatjie van Rooyen, introduced attendees to our online trading partner, ThinkMarkets SA. The online trading functionality may be accessed through the MyWealth Investment website.
As part of our insurance policies, many of us are paying for customer loyalty benefits which we do not use, simply because we do not take the time to familiarise ourselves with the benefits we are entitled to. On your journey to achieving financial freedom, you need to make sensible investments and save up enough
Covid-19 has resulted in an unprecedented number of deaths globally. Uncertainty regarding the virus and measures implemented by governments to contain the spread of the virus has resulted in shortages of raw materials, products and labour, giving a major challenge to logistics and supply chain management. What is inflation and how is it related to