Investors frequently want to know what return they can expect from an investment. This is a normal question and the answer is crucial in managing their expectations. An investor who is placed in a product that fails to meet their expectations is sure to be unhappy and likely to want to switch out of it … Continue reading Average returns are not normal
I attended the most recent Taking Stock presentation by Investec Asset Management on Friday morning. The main speakers were Malcolm Charles, Head of Fixed Income and Clyde Rossouw, Co-Head of Quality. Malcolm's portfolio manager duties includes the Diversified Income Fund. Clyde's portfolio manager duties include the Investec Opportunity, Cautious Managed and Global Franchise Funds. Jeremy Gardiner … Continue reading Taking stock with Investec: Going nowhere slowly but don’t bet against the pros
"Prescribed assets" That's a phrase which should send chills down the spine of all South Africans who contribute to a regulated retirement fund, retirement annuity and the like. Many of our older clients may remember the dark days of the 1970s when the Apartheid Government of the day prescribed that a certain percentage of all … Continue reading Prescribed assets: I’m watching this space
As a Certified Financial Planner® and member of the Financial Planning Institute of Southern Africa I subscribe to the international Financial Planning Standards Board's 6-step process to financial planning. The second step in this process is to "collect the client's information". We are expected to: identify the client’s personal and financial objectives, needs and priorities that … Continue reading Are you ready to get financially naked?