Shares and tax: The facts
The taxman wants his bite from individuals investing directly in the stock market. In this article Moneyweb has some sound advice regarding shares and tax. Click to read the article: “Shares and tax: The facts”
Annual Returns of Asset Classes
Which asset classes have shown the best returns in recent years? The following graph from Glacier shows, with hindsight, where your money would have grown the most.
Tax and Investments: How to Invest Tax-free
And sometimes we get a tax break. Click here to read “How to invest tax-free”, a Moneyweb article which describes how we will be able to invest R30 000 tax free per annum (up to an amount of R500 000) from March 2015.
Tax and Investments: Endowments
In this second article in our Tax & Investments series, we deal with tax and endowments.
Let’s start with the basics…
An endowment is a fixed term savings policy with a minimum term of 5 years.
During the 5 year term you can make one withdrawal, which you don’t pay back. The amount you can withdraw is restricted.
Why Balanced Funds Are Holding More Cash
With the JSE’s All Share Index at new highs (closed on the 24th of June at 50 890) it is interesting to note that a number of balanced fund managers are holding a larger percentage of cash in their funds. Coronation, Allan Gray and PSG Fund Managers explain their rationale for this in a Moneyweb article. Click to read the article: “Why balanced funds are holding more cash”
Preservation Funds Q&A
As with Life and Living Annuities (“Life and Living Annuities Q&A”), I often find that there is a great deal of confusion and misunderstanding around preservation funds, and how they work.
To address this confusion, we have compiled a brief Q&A which aims to promote a better understanding of preservation funds, how they work, and their benefits…
IN THE NEWS: Foreign Capital Flows Back into SA
The rand has been on a roller-coaster ride, as has sentiment towards the JSE and other emerging-market stock exchanges. What is behind the volatility and what is the outlook? Moneyweb investigates. Click here to read the article.
Retirement Annuities Q&A
A retirement annuity can be an excellent vehicle to save for your retirement, particularly if you are a small business owner or a self-employed professional – and therefore do not contribute to a corporate pension or provident fund.
Furthermore, even if you do belong to a corporate pension/provident fund, there may be tax benefits to be gained from contributing to a retirement annuity.
To provide further insights into this, we have put together a Q&A which explains what retirement annuities are, and how they work…