Sometimes, investors make mistakes. After all, nobody’s perfect. Unfortunately, mistakes in the investing world can cost a lot of money. When losing money on a trade, a small, one-time setback is easier to recover from than, say, several large, recurring losses. These large losses can prevent you from meeting your financial goals. In many instances, […]
Author: Staff Writer
How to Choose the Best Bank Account for you in South Africa 2021
Banking used to be easy and hard at the same time. It’s either you qualified for a bank account, or you just couldn’t have one. The choice of which bank account to open used to be less complicated as well. There were just a couple of banks offering a few products each. Banks competed on […]
Beginner’s guide to investing in financial markets: South Africa 2021
Whilst the idea of investing is noble (I mean, it sounds interesting, right – and cool too – who doesn’t want to share screenshots of their gains on their portfolio) – the truth is, it’s not that easy. If it were easy, wouldn’t everyone be an investor, and the country would not have a reputation […]
Everything you need to know about money market funds in South Africa
What is a money market fund? In South Africa a money market fund is a type of a mutual fund that invests in short-term debt securities such as cash, cash equivalent securities, and high-credit-rating. Money market funds are managed and run with the aim of sustaining a highly stable asset value through highly liquid investments, […]
How to choose the right smart device for you
Johannesburg, 24 June 2021: Mobile phones and devices are playing a larger role in peoples’ lives than ever before. The Covid-19 outbreak has increased our reliance on smart devices, which can now be used to conduct almost every daily activity – from finding entertainment to organising meetings and schedules to keeping in touch with friends […]
How to Choose an Equity Mutual Fund in South Africa
One of the major advantages of a globalized world is that investment opportunities are not limited to first world countries. There are thousands of mutual funds available to South African investors today. From funds that invest in remote countries, to funds that focus on commodities, and everything in between, chances are that if you can […]
Cost of Living in South Africa in 2021: Is Your Salary Really Enough?
When ranked amongst African countries, South Africa is always appearing at the top of cost-of-living surveys. However when compared to other emerging markets around the world, South Africa is amongst the most affordable destinations. But how expensive is it really to live in the Rainbow Nation? If you’re a young working adult or potential expat […]
How to Read & Understand Insurance Policy Documents in South Africa
The South African basic education system teaches numerous basic life lessons that every South African needs. However one key life lesson they don’t teach is how to read and understand insurance policies. Rateweb estimates that 3 in every 5 people that buy insurance in South Africa are over charged and they don’t know it. Imagine […]
Investing in the SAB Zenzele Kabili B-BBEE Share Scheme: Review 2021
On the 28th of May 2021, the SAB Zenzele Kabili B-BBEE Share Scheme listed on the Johannesburg Stock Exchange BEE Board. The listing presents an opportunity for interested qualifying investors to participate in the second iteration of the hugely successful B-BBEE Share Scheme. SAB Zenzele launched in 2010, and the scheme reached maturity in May […]
How South Africans can make money Freelancing online: A review of Upwork
We tried freelancing on Upwork. Here is what you may want to know. Upwork is one of the largest platforms where you can get hired by international clients. Signing up and applying for jobs is free, but landing the first job as a beginner without experience, reviews, and ratings is hard. Successful full-time freelancers can […]
