Tiaan Van Zyl - Financial Planner

Tiaan Van Zyl - Financial Planner updated their address.

I am also a firm believer in the 15% rule, if you start saving as soon as you start earnining an income.

Unfortunately this is not possible for everyone, therefor it is utterly important to review your portfolio at least once every 12 months, to ensure contributions are aligned with your goals.

Representative of Liberty Group Limited.

How much money you need to retire comfortably in South Africa, according to experts The 2021 edition of the 10X Retirement Reality Report points to a deteriorating pension outlook for South Africans.

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Financial advisor vs broker: the key differences The main role of the advisor is to help a client clearly understand their financial goals.

This is one of the top reasons, when looking at funds, why I believe the fund mandate, fund objectives and investment philosophy is more important than past performance. We all know that past performance is no indicator for future performance.

I do believe that the investment strategy and the reason for including and excluding certain companies and industries in a fund will give us an idea of how the fund might perform.

Even though I believe that some of the companies that were excluded present great opportunities for investors, I really think Marriot or rather the specific fund managers got this one spot on. The reasons for excluding these companies makes perfect sense, they did not fit the philosophy of the fund.

Representative of Liberty Group SA

Why Amazon and Apple aren’t in Marriott Offshore’s portfolios Only companies that deliver consistent dividends make the list.

Very interesting discussion to listen to.

In South Africa we have a massive problem when it comes to the individual being able to provide for themselves at retirement. We are sitting with a shortfall of eight times of the individuals last earned annual income. The general rule of thumb is to save 17% of your monthly income for at least 40 years, increasing contributions as your income increases. This should help the individual to have the same lifestyle at retirement that they had as an average over their career.

The importance of saving for retirement cannot be stressed enough, unfortunately this is realised too late in the individuals' lives. People tend to start worrying about retirement when they realise it is coming closer.

My advice is to start saving and investing while you are still capable of earning an income, when it comes to retirement and the individual did not put enough away for long enough it is already too late, you will not be able to earn an income to provide.

The longer you wait to start saving, the bigger the shortfall will be, a point will be reached where your shortfall will exceed your earnings.

Representative of Liberty Group SA

Only 6 of 100 members can retire comfortably – Alex Forbes Belinda Sullivan - Principal Consultant of Multinational Consulting and Best Practice, Alexander Forbes.

Good read for investors investing directly into certain companies and buying shares. This once again comes down to the question of what your investment goal, timeframe and risk appetite is. The time available for the individual to spend in trading, as well as the ability to understand the markets and indicators. For the investor out there looking to take on minimal risk and optimal returns, which I believe is the matter in most cases in these uncertain economic times. I would suggest looking at investing into a fund which suits their risk profile and has the same objective as the investor. Having a fund manager in place makes it a lot easier on the individual. Past performance is not an indicator of future performance, for myself and my clients I prefer to look at the fund manager's objectives and the fund mandate.

Representative of Liberty Group SA

Where are the risks lurking on the JSE? The most financially stressed small and mid-cap companies …

Interesting read, I think that a lot of investors out there are confused and unsure of how they will be taxed in similar situations. The most important piece of information that I took from this Q and A is part of the capital gains tax on investments. There is an exemption of R40 000 per year on an investment, which means that if your capital invested grew with less than R 40 000 in the year you won't pay capital gains tax. If it grew by R40 000 or more, 40% of the portion above R40 000 will be added to your annual income and you will be taxed on your annual income plus 40% the amount above R40 000.

Representative of Liberty Group SA

How is tax calculated when you sell foreign ETFs? There have been no major changes to the Income Tax Act since 2015, except for amendments to include rates and exemption levels of certain taxes.

When it comes to short term insurance, it is alway important to be 100% sure of what you are covered for. In most of these cases the insurer was correct in rejecting claims from policy holders. The claims were rejected due to the policy holder nothing insured for the event claimed for.

In these uncertain times are experiencing, the individual cannot afford not being exactly sure what they are covered for. Most people cannot afford to have a claim rejected at this stage, rather pay the small increase in premium to have comprehensive cover than to save on premium, just to cost you at claim stage.

If you need any assistance in this matter, please contact me.

Representative Liberty Group SA

Check your insurance policy Ombud for short-term cover warns that paying your premium is not the only requirement.

Interesting read. Not everyone has the time to trade for themselves and spend time monitoring the markets. What I suggest for the type of investor that doesn't have the time to do it for themselves is to use a well diversified fund relative to their risk profile, as a financial planner I can assist you in identifying the investment type and fund that suits your current situation and risk profile.

Representative of Liberty Group SA

Simon’s weekly wrap-up: When to sell, investment ideas and the economy reopening Also, investing in renewable energy infrastructure, Easy Equities' run, the impact of the best 25 trading days of the last 20 years, using ETFs to hedge the rand, and more.

With the current economic situation in South Africa, all of our jobs are at risk, this also means that your income is at risk.
the income needed to provide for your family. Therefor it is so important to have a financial plan in place, to secure income.

Be sure that you know the risks of not having cover and a solid financial plan in place. If you are not 100% sure of what you have in place, and what you are covered for, please contact me and I will be happy to assist you with a full analysis.

Representative of Liberty Group SA

The domino effect: all jobs are at risk However, the indispensability of workers is becoming more clear.

This article just shows us again how important it is to have at least the equivalent of 3 months income saved up in a liquid accessible investment. This is not only the case with individuals, but with SME's as well, needing at least three months worth of expenses saved in a liquid investment. If individuals as well as SME's in South Africa had known this and had a plan in place, the effect of the Covid-19 Pandemic would not have been nearly as disruptive financially as it has been.

Representative of Liberty Group SA

This is how many South Africans could survive a R10,000 financial emergency right now The coronavirus pandemic has significantly affected the family earnings of about three-quarters of ordinary South Africans, a new survey by personal finance website JustMoney shows.

In testing times like the one we are currently finding ourselves, retrenchment is a big worry for every salary earning individual. The most important thing to remember is that bad thing still happen to you, even if you are not earning an income, so the last thing you should cancel is the risk cover that you might have in place.

Representative of Liberty Group SA

What to do if you get retrenched It is important to stay calm and keep a clear head.

Set your goals and make them a priority

Millionaire who saved 70% of his income and retired at 35: 'We should all live by these 6 basic principles' Not everyone will be able to retire early in their 30s, but achieving financial freedom is within grasp for many. You just have to want it badly enough to follow a few basic principles.

Home owners who recently bought property with a 100% mortgage, may already be experiencing negative equity. This essentially means that you owe more on you mortgage than the actual value of your property.

Representative of Liberty Group SA

Here's how much less your house may be worth by the end of 2020 The coronavirus crisis is expected to push more houses on the market, just as demand dwindles.

A hedge fund that ‘never loses’ is betting big on South African debt A London-based hedge fund that has made gains every year since it was founded through risky bets including Ukrainian GDP warrants and sanctioned Russian bonds is now putting its money on South Africa.

In my opinion most of the times there is a dispute between a policyholder and a life insurance company regarding a claim, it comes down to the policyholder not being aware of what they are covered for.

It is the responsibility of the financial advisor or broker to ensure that their client understands exactly what they are covered for as well as understand terms and conditions of claims.

If you are not 100% sure of what you are covered for or the conditions of the insurance, please comment below and I will contact you to assist.

Representative of Liberty Group SA

Long-term insurance complaints on the rise Ombud says funeral policy claims are most in dispute, while refusal of life insurance claims increase sharply.

With all the negativity around the Covid-19 pandemic, there is also some good news for investors. The pandemic created great opportunities for new as well as experienced investors.

Representative of Liberty Group SA

South Africa Stocks Are on Track for a Record Month Unprecedented demand for online services and entertainment during Covid-19 pandemic lockdowns, along with a scramble for haven investments, have helped set South African stocks on course for a record month.

With the impact if the Covid-19 ons the finances of the country, it is almost a certain that SARD will need to get more revenue, this is how it might impact you.

Representative of Liberty Group SA

Here’s how South African tax residents and non-South African tax residents are taxed differently The Covid-19 lockdown and the measures being taken to mitigate it, are severely impacting the South African fiscus.

And I know a ton of Lawyers who have zero income right now while plumbers are in high demand making more than ever

An investment in knowledge pays the best interest - Benjamin Franklin

How parents continue to educate their children even when they can't ... Make sure you plan towards your child's future

Massive thanks to our friends at Liberty Group SA for the donations that are coming through this morning! You guys rock!

Futures climbed as much as 1.3% to $1 785 an ounce on the Comex, the highest since October 2012, and traded at $1 779.30 at 11:44 a.m. in Singapore. Spot gold was almost $60 cheaper at $1,720.78 an ounce, with the wide spread a feature of trading in recent weeks amid physical market disruptions.

Representative of Liberty group SA

Gold’s powerful rally has bulls setting their sights on $1 800 The precious metal extended a rally to hit its highest level in more than seven years.

How parents continue to educate their children even when they can't ... Make sure you plan towards your child's future