Daily Maverick Articles

One of the biggest hurdles I see many people face, especially in their later years, is the burden of life insurance premiums, and wanting to scale down on their cover. Many people think that they've figured out a great solution, but in the long run that turns out not to be the case. Let's take some time and discuss how to go about analysing quotes by assessing what you get vs what you need, and understanding premium patterns.

As daunting as it can be, something to think about when investing and reviewing current investments is about what would happen when you die. It's intended for the transfer to be as smooth as possible, but the right structures need to be put in place. Let's discuss what measures you can put in place to ensure that your loved ones are taken care of and have one less thing to worry about should you pass away.

A question we often ask ourselves is "Do I have enough, or at least the correct, medical cover?" Way too often people overpay for some new and fancy policy, but the difference between what they pay versus what they get out of it is mind-blowing. Let's take some time and discuss the basics of medical aid and how to choose the cover that is best suited for your needs.

With many investors now adopting a more optimal approach with their investment strategy by having money offshore, an important thing to take note of is "situs tax". Let's take some time and discuss what it means, what implications it can have, and how it can be worked around with some careful consideration.

When you invest for retirement, the point is, as straightforward as it may sound, to invest for the long haul. However, having too high a drawdown rate could foil those plans and leave you stuck in the mud. Let's discuss how you could circumvent this issue and save your future before it's too late.

The idea of retiring and having all of your affairs in order can be quite daunting, and there's often much anxiety when it comes to decision-making in this regard. However, as the saying goes, there are many ways to skin a cat. Let's discuss some of the options that are available to ensure a prosperous retirement.

We've all heard of "not keeping all of your eggs in one basket", but is there any merit to it? If the single basket falls and the eggs inside break, you'd have no backup. Similarly, from a financial perspective, if your wealth is concentrated in a single investment space, any trouble in the waters could be devastating.

As investors we can easily get drawn towards a product that offers high returns, but then the tax burden hits and almost all of the hard work of the investment is nullified. Let's explore some options that are available in order to limit the effect of taxation within certain investments.

A massive concern that many young parents face is the scenario in which both they and their partners die together or shortly after each other, and that their young child will be left uncared for. Let's take some time and discuss solutions to circumvent this problem, which is not as big an eyesore as it may seem to be.

The process of divorce can be one of the most brutal and transformative experiences anyone can go through. As the saying goes, "the show must go on", but naturally that's a lot easier said than done. Let's talk strategically about the routes you should take should you be thrown into such unfortunate circumstances.

Something we devote a lot of our time worrying about is the question "will my family have enough money when I'm gone?". Well, with some clever planning and strategic decisions, this is very achievable. Let's take some time and explore the options that are available to you to take some weight off of your shoulders.

With the local elections on the horizon, people may be getting anxious about the safety of their invested monies, but it is crucial as an investor not to time the market and predict its movements. The patient approach is generally correct, especially if there is a cohesive strategy connected to your investments.