There are basically 2 types of pensions to consider: The Life AnnuityThis is a structured pension based on the amount of money you have accumulated and your life expectancy. The product provider will offer you a pension for the rest of your life. Should you die sooner...
Taking the option to go it alone with your investments takes some work. The financial universe is huge and understanding it needs a lot of research and study. For starters, consider unit trusts. In South Africa alone there are over 900 to choose from.Which one suits...
If it sounds too good to be true then it probably is.Returns are made from the yields of assets. Cash produces interestProperty yields rental incomeBonds produce fixed interestEquities yield dividends Property and Equities can also appreciate in value which further...
A money market account trades in bank instruments called “paper”, such as Treasury bills, Banker’s acceptances, certificates of deposit, bills of exchange which all trade in a period of less than a year.The money market is trades at the interbank level where banks...
Times are getting tougher in the face of rising fuel costs and the weakening rand. Cutting back on expenses is a matter of attitude in the household where little savings on different expenses can make a big difference collectively. Here are some ideas on...