Trusts

When setting up a trust, it is vital to select the right trust for your particular needs Yusuf Dukander, Project Director: Financial Services at SAICA, says this is key when you wish to leave a lasting legacy for the benefit of your beneficiaries – it is an excellent wealth generational tool for finance and estate planning. A trust is, in essence, a vessel that does not form part of your…

The 5 Biggest Stock Market Myths

When fiascos like the Enron bankruptcy, auditing scandals and analysts’ conflict of interest occur, investor confidence can be at an all-time low. Many investors wonder whether or not investing in stocks is worth all the hassle. At the same time, however, it’s important to keep a realistic view of the stock market. Regardless of the real problems, common myths about the stock market often arise. Here are five of those…

Private Schools + University = a Million

Parents with a child who is starting Grade One at a Private School this year will have to budget over a million rand to put that child through their entire schooling and university career.  As an example, if your child is starting primary school in 2012, you will have to budget: An estimated R267 000 for their private primary school education, from Grade R to Grade 7; and About R540…