All tagged investments
The financial activities and decisions that you make today have an impact on your financial health in the future.
When spending your money, you should always be guided by some standard financial rules such as, don’t spend more money than you earn or invest a portion of your income.
Since many of these financial principles are tried and tested, I thought it would be useful to share or remind you of some of them…
In this week’s episode of the #MoneyMagic series, I invited my financial advisor, Chenine Gouws, to sit down and have a conversation with us about planning for our financial future.
I started working with Chenine about 8 years ago when I was still in debt and working on paying off US$60,000 in debt. When I met her, I had very little savings and hadn’t even started my investment journey.
Finding the best ways to invest can transform your finances and help you to substantially increase your capital. Depending on your goals, you could even use investment opportunities to generate short-term income, as well as long-term gains.
A recession is not great news for the homeowners. House prices plummet, tenants default on rent, and we see some people needing to access their savings quickly - this means that someone with two homes may let one go…
In the last few weeks we’ve been exploring different investment strategies such as value investing and growth investing.
These are all the various ways that investors make investment decisions.
This week I want to talk about one other style of investing – technical analysis.
A few weeks ago, we had a live class about creating and managing investment portfolios in uncertain times.
During the class we discussed how our investment portfolios are influenced by our future needs and the vision we have for our lives.
We also spoke about this concept of generational wealth and wealth creation - the idea that we want to create wealth that outlasts our lifetime, so even our children don't have to worry about retirement.
There are many ways to do this.
