Honest Money: Recent Episodes
Warren Ingram
Your personal guide to financial freedom, hosted by the bestselling author and award-winning financial planner, Warren Ingram.
In this episode, Warren Ingram invites Robert Edwards to speak about his inspiring journey from a successful career in London to traveling the world and writing his book 'Quit, Travel, Grow.' Discover insights on financial independence, intentional living, and the transformative power of travel.
Chapters
- 0:00 Meet Robert Edwards and his unusual career path
- 1:37 Why Robert wrote Quit, Travel, Grow
- 2:56 Financial discipline and the power of being intentional
- 4:05 London life, lifestyle trade-offs, and the real cost of earning more
- 6:57 The mid-30s plateau and the urge for change
- 8:25 How a quick decision became a 12-month travel journey
- 9:18 Why Robert chose countries off the usual travel path
- 10:17 Money, culture, and what people want everywhere
- 11:59 Getting mugged in Colombia and what it taught him
- 13:26 Why perspective matters when comparing South Africa to the world
- 16:09 Ending the trip and coming home after a year away
- 17:19 Best-value destinations for South Africans to travel to
- 22:10 What financial freedom really means
- 24:01 The lesson Robert would teach his 21-year-old self
- 25:56 Final thoughts and book title reveal
Want a copy of Robert's book? Find a physical copy here or the ebook version here.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Pieter de Villiers and guest speaker Angélique Krügel, FISA counselor and director of Wealth and Legacy Group, break down estate planning into simple terms, explaining its importance, process, and common pitfalls. Perfect for anyone looking to understand how to protect their assets and ensure their wishes are honored after passing.
Chapters
- 00:00 Introduction to estate planning and guest introduction
- 01:10 What is estate planning? Simplified explanation
- 02:23 Why estate planning is often overlooked
- 02:54 What happens when you pass away? The estate process
- 03:47 Assets involved in estate planning: property, aircraft, and financial products
- 05:46 The relationship between wills and estate planning
- 07:07 Nomination of beneficiaries and the role of trustees
- 07:59 Liquidity issues in estate management
- 09:19 Tax implications: estate duty, capital gains tax, and transfer costs
- 10:50 Handling estate liquidity shortfalls and asset liquidation
- 12:21 Legal considerations for guardians and minors
- 14:24 The importance of updating estate plans regularly
- 15:26 Dealing with debt and insolvency in estate planning
- 16:18 Loans, trusts, and asset transfers in estate planning
- 18:01 International assets and cross-jurisdiction estate planning
- 22:38 Common mistakes in estate planning and how to prevent them
- 23:53 The importance of professional guidance and early planning
- 25:21 Final thoughts: estate planning for everyone
Learn more about how FISA can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss when and why to seek professional financial advice, the different types of engagement with financial planners, and how to determine the right approach for your life stage and personality.
Chapters
- 00:00 Introduction and overview of questions about financial advice
- 00:28 The importance of understanding your own financial personality
- 02:06 When does it make sense to seek professional financial help?
- 03:18 The three broad personality groups: DIYers, delegators, and validators
- 04:44 The control and control aversion in financial decision-making
- 07:28 The value of financial literacy and continuous learning
- 11:47 Life stages and their impact on financial planning needs
- 14:34 Different ways to engage with a financial planner
- 17:18 The importance of accountability and external perspectives
- 20:50 The risks of overconfidence and blind trust in financial decisions
- 23:47 The analogy of medical advice and the importance of professional guidance
- 25:40 How to choose the right financial advisor and engagement model
- 27:04 Closing remarks and encouragement to ask questions
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram invites Jan du Plessis, CEO of the Fiduciary Institute of Southern Africa (FISA), to do a series on the importance of estate planning for all South Africans. They discuss common pitfalls, legal requirements, and practical tips to ensure your estate is in order and your loved ones are protected.
Chapters
- 00:00 Why Estate Planning Matters for Everyone
- 02:01 The Most Common Estate Planning Mistakes
- 04:25 Why Wills Need Regular Updates
- 07:58 Guardianship, Children, and Trusts
- 12:07 Divorce and Invalid Wills
- 13:21 What Makes a Will Legally Valid
- 16:04 Undue Influence and Inheritance Disputes
- 20:49 Why Fiduciary Professionals Matter
- 23:35 Final Advice: Don’t Leave It to Chance
Learn more about how FISA can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers invite guest speaker George Kuscheto talk through his remarkable journey of winning the Comrades Marathon while balancing full-time studies in actuarial science, family, and personal development. Discover how he maintains focus, consistency, and purpose across multiple demanding areas of life.
Chapters
- 00:00 Introduction to George Kusher
- 02:23 Balancing Life and Ambition
- 05:43 The Path to Becoming a Comrades Champion
- 10:27 Mental Strategies During Races
- 15:29 The Journey vs. Destination
- 20:43 Overcoming Challenges and Finding Fulfillment
- 22:35 The Science of Training and Sharing Knowledge
https://www.gorunmore.com
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore the complexities of money personalities, the implications of debt, and how different life choices impact financial well-being. They discuss practical scenarios, psychological perspectives, and the importance of balance in personal finance.
Chapters:
- 00:36- The importance of conversations around money
- 01:48- Long-term consequences of debt and estate implications
- 02:18- Exploring the four main money personalities
- 04:06- Risks associated with debt behaviors and lifestyle choices
- 04:35- The impact of personality on wealth accumulation and life satisfaction
- 06:00- Practicalities of debt at death and estate settlement process
- 07:15- How banks evaluate creditworthiness and the role of insurance
- 09:16- Estate priorities and typical debt repayment sequences
- 10:14- Selling assets to settle estates and consequences for beneficiaries
- 12:20- Risks for joint estates and shared debt liability
- 15:07- Living for today versus planning for future security
- 16:40- The influence of childhood and environment on money habits
- 17:08- Finding a balance: enjoying life and being prepared
- 18:30- Recognizing the value of both saving and savoring the moment
- 21:53- The concept of life phases and prioritizing accordingly
- 22:46- Encouraging open conversations and sharing different perspectives
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss managing financial relationships, debt, and planning for education savings, emphasizing open communication and strategic planning.
Chapters
- 00:00 Introduction to the episode and guest
- 00:26 Question from listener about partner debt and savings
- 02:10 The importance of self-care and financial boundaries
- 03:59 Managing relationship dynamics and money personalities
- 07:36 The role of open communication and professional help
- 08:45 Building shared financial goals and avoiding resentment
- 11:34 Strategies for saving for children's education
- 13:29 Paying off mortgage as a financial anchor
- 15:41 Investment vehicles for education savings
- 18:21 The importance of discipline and avoiding costly policies
- 20:07 Conclusion and encouragement for ongoing dialogue
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus episode, Warren Ingram and Ray Mhere, CEO of Curate Investments, explore the intricacies of investment diversification, asset allocation, and long-term financial planning. They share practical insights on building resilient portfolios, avoiding common pitfalls, and educating the next generation about wealth management.
Chapters
- 00:00 Introduction to Diversification
- 01:31 Understanding True Diversification
- 05:15 Types of Diversification
- 10:06 The Role of Balanced Funds
- 14:41 Monitoring and Adjusting Your Portfolio
- 18:08 Building a Diversified Portfolio
- 22:00 Long-Term Investment Strategies for Children
- 26:52 Final Thoughts on Early Investment
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers answer your questions about tax-free savings accounts, including setup for children, investment switching, and transfer rules, providing practical insights to maximize benefits.
Chapters
- 00:00 Introduction to tax-free savings questions
- 02:09 Setting up a tax-free account for a child
- 04:03 Contributions and donations tax considerations
- 06:25 Switching investments within a tax-free account
- 08:09 Transferring and consolidating accounts
- 09:02 Implications of switching ETFs and funds
- 10:49 How to transfer funds between providers
- 12:03 Encouragement for questions and future topics
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers break down one of the most confusing parts of investing: total fees. They explain how to understand the full cost of investing through effective annual cost, including investment management fees, platform/admin fees, and advisor fees.
Chapters
- 00:00: Introduction to the fee question
- 01:55 :What effective annual cost means
- 02:24: Investment management fees: active vs passive
- 05:04: Performance fees and realistic fund fee ranges
- 07:11: How to compare fund performance fairly
- 09:03: Admin fees and platform types
- 10:01: LISPs vs brokerage platforms
- 12:53: Why index trusts can be cheaper than brokerages
- 14:42: Service quality, tax reporting, and hidden costs
- 17:04: Advisor fees and compensation models
- 18:21: Why commission-based advice is problematic
- 19:17: Flat fees, hourly fees, and ongoing retainers
- 24:06: Why an advisor can add value beyond picking funds
- 26:28: Practical fee ranges for total costs
- 28:24: Final takeaway: price vs value
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss offshore investing strategies, building financial literacy, and helping others with savings and retirement planning. They explore practical tips for long-term wealth building and the importance of financial education.
Chapters
- 00:00 Introduction and episode overview
- 00:25 The importance of offshore investment domicile
- 02:52 Choosing the right jurisdiction for offshore ETFs
- 04:38 Mechanics of currency conversion and transaction costs
- 06:28 Long-term investment strategies and asset allocation
- 08:44 Risks of individual stocks vs. index funds
- 10:11 Timing and market considerations for offshore investing
- 11:33 Helping others build financial literacy and savings
- 13:58 Starting conversations about financial goals
- 15:53 The ripple effect of financial education
- 17:29 Practical tips for small investors
- 21:21 Closing remarks and engagement encouragement
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss strategic investment choices, tax-efficient savings, and financial planning for expatriates and young investors. The conversation covers diversified ETFs, tax-free accounts, and offshore investments, providing practical advice for long-term wealth building.
Chapters:
- 00:00 Introduction and Episode Purpose
- 00:24 Listener Questions and Engagement
- 01:12 Investing in MSCI ACWI ETF for Long-Term Growth
- 02:05 Maximizing Tax-Free Savings and Contribution Limits
- 02:47 Choosing the Right Diversified ETF for Retirement
- 05:44 Funding Education with Tax-Free Accounts
- 07:23 Managing Investment Risks for Short and Long Term
- 09:37 Teaching Kids Financial Literacy and Involving Them in Investments
- 10:28 Expat Investing: Tax and Currency Considerations
- 13:17 Importance of Tax Planning for International Investors
- 14:34 Understanding MSCI All Country World Index (ACWI) and JSE
- 16:18 US Domicile ETFs and Tax Implications
- 17:41 Asset Allocation and Global Diversification Strategies
- 18:39 Retirement Contributions and Offshore Income
- 20:00 Managing Offshore Investments and Tax Laws
- 21:50 Final Advice and Encouragement for Investors
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers cover investing in precious metals like gold and silver, and managing car loans effectively. Experts share insights on diversification, the role of commodities in portfolios, and practical advice on vehicle ownership and debt management in this Q&A.
Chapters
- 00:00 Introduction and Audience Engagement
- 00:22 Questions from the Audience on Precious Metals
- 02:15 Investing in Gold and Silver: Perspectives and Strategies
- 03:40 The Wealthy Families' Approach to Precious Metals
- 05:28 Gold and Silver: Hedge Against Fear and Inflation
- 07:21 ETFs vs Physical Assets: Pros and Cons
- 08:44 Diversification Limits and Market Exposure
- 10:34 Simplifying Portfolio Management and Avoiding Overengineering
- 11:34 Doomsday Preppers and Asset Choices
- 13:07 Audience Question on Car Loan Management
- 15:21 Strategies for Managing Car Ownership and Loans
- 22:48 Cost-effective Car Ownership and Maintenance Tips
- 25:42 Final Thoughts and Audience Engagement
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Ruphert Hare explore the impact of artificial intelligence on various industries, emphasizing its current applications, future potential, and the importance of staying updated. Rupert from Prestient Investment Management shares insights on AI integration, misconceptions, and the evolving job landscape.
Chapters
- 00:00 Introduction to AI in Financial Services
- 02:47 The Evolution of AI and Its Impact
- 05:14 Job Displacement and Economic Growth
- 07:50 The Role of Human Touch in AI
- 10:49 Future-Proofing Careers in an AI World
- 13:21 The Rise of Craftsmanship and Niche Skills
- 15:56 Democratization of Skills and Services
- 18:50 The Future of Financial Planning
- 21:17 Conclusion and Final Thoughts
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers explore the complex considerations behind buying versus renting property, especially in high-value markets like Cape Town. They discuss lifestyle versus investment goals, market risks, costs involved, and how personal circumstances influence these decisions.
Timestamps:
- 00:23 - Q&A scenario: Paid-off Durban property and considering Cape Town
- 01:35 - Property as a side hustle versus primary occupation
- 02:32 - Market trends in Cape Town and why historical performance isn't a guarantee
- 03:54 - The debate: property as an investment vs. lifestyle choice
- 04:24 - Advantages of ownership for lifestyle versus investing motives
- 05:23 - Common regrets about property investment from retirees
- 06:18 - Capital growth and cash flow strategies in different markets like Cape Town and Johannesburg
- 07:12 - Structuring property ownership: trusts, personal names, and portfolios
- 07:41 - How long to hold property and the importance of testing the waters
- 08:37 - Lifestyle vs. investment: All about personal goals and market research
- 09:06 - Challenges of managing property and related costs
- 10:22 - Municipal rates and rising costs in Cape Town
- 11:20 - Transaction costs, legal fees, and the true expenses of buying and selling
- 12:15 - Mortgages, deposit strategies, and bank offers
- 12:45 - The rising cost of property ownership and the importance of planning for it
- 14:10 - Comparing property investment to stock market investing
- 16:24 - Simplicity in life: personal preference for low-debt property ownership
- 16:52 - Planning for future property investments and lifestyle goals
- 17:21 - Final advice: patience, research, and understanding market nuances
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore retirement income strategies, focusing on how to structure your investments during the accumulation phase and transition into retirement. It emphasizes the importance of simplicity, proper planning, and tax efficiency in managing retirement funds.
Chapters
- 00:00 Introduction and Episode Context
- 01:20 Retirement Income Strategies for Accumulating Wealth
- 02:20 Structuring Multiple Retirement Accounts and ETFs
- 04:17 The Importance of Simplicity in Retirement Planning
- 08:34 Managing Living Annuities and Discretionary Assets
- 12:36 Tax-Efficient Income Strategies in Retirement
- 14:27 Creating a Simple, Effective Retirement Plan
- 16:01 Closing Remarks
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram & Pieter de Villiers answers listener questions on personal finance, covering topics like debt management, investment diversification, and offshore investing strategies. Gain practical insights to optimize your financial planning and investment approach.
Chapters
- 00:00 Introduction and Listener Questions Overview
- 00:23 Should I Pay Off My Car or Invest? Key Considerations
- 02:07 Psychological vs Financial Benefits of Debt Repayment
- 04:31 Planning for Child’s Education and Retirement Savings
- 06:01 The Psychology of Debt and Long-Term Wealth Building
- 07:31 Car Loans: To Pay Off or Keep Debt for Flexibility
- 08:49 Celebrating Financial Discipline and Parenting Efforts
- 09:18 Investing R2 Million from Property Sale: Offshore or Local?
- 10:54 Diversification: Local vs Global Assets
- 13:07 How to Invest Offshore: Strategies and Considerations
- 16:18 Long-Term Global Equity Investing: Risks and Rewards
- 18:29 Closing Remarks and Listener Engagement
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the nuances of investing in ETFs, active management, and the potential of individual stock picking for young investors. They explore strategies for diversification, the importance of simplicity, and how to approach local and global markets effectively.
Chapters
- 00:00 Introduction and Episode Overview
- 00:15 Guest Introduction and Main Topics
- 01:08 Current Portfolio Breakdown and Fees
- 02:06 Should Young Investors Pick Individual Stocks?
- 03:53 The Time and Effort Required for Stock Picking
- 05:41 The Challenges of Stock Picking and Professional Limitations
- 06:48 Active vs. Passive Management: Global Performance Insights
- 08:07 Psychological Aspects of Buying and Selling Stocks
- 09:04 The 5% Risk Rule for Individual Stocks and Crypto
- 09:33 Diversification and Sector Exposure
- 10:27 Learning from Fund Managers and ETF Selection
- 11:06 Avoiding Hype and Market Noise
- 11:40 South African ETF Market and Investment Choices
- 13:12 The Overabundance of ETFs and Diversification Tips
- 15:15 Keeping Investment Strategies Simple and Focused
- 17:06 Asset Allocation Principles for Long-Term Goals
- 18:59 The Importance of Following a Consistent Investment Plan
- 19:26 Closing Remarks and Audience Engagement
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
This episode, Warren Ingram and Pieter de Villiers address key financial considerations for South Africans moving overseas for work, including tax implications, investment strategies, and practical logistics like banking and medical aid.
Chapters
- 00:00 Introduction and episode overview
- 00:57 Understanding the scope: Work abroad vs immigration
- 01:43 Tax residency and worldwide income taxation
- 02:40 Tax exemptions and foreign tax credits
- 03:32 Managing retirement and investment accounts abroad
- 04:42 Contributing to tax-free savings accounts from overseas
- 05:38 Handling retirement annuities and preservation funds
- 06:28 Practical tips: banking, medical aid, and legal considerations
- 07:18 Legal and inheritance considerations in foreign jurisdictions
- 08:15 Global investing strategies and tax-efficient funds
- 09:12 Medical aid and insurance considerations for expats
- 10:26 Understanding foreign pensions and their impact
- 11:21 Tax implications of foreign income and investments
- 12:13 Avoiding drastic financial decisions when returning to South Africa
- 13:05 Summary of key principles for expat financial planning
- 14:04 Additional tips: property, probate, and legal laws abroad
- 14:57 Continuing contributions to tax-free accounts from abroad
- 15:46 Best practices for international money transfers
- 16:36 Final advice: stay compliant and plan ahead
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
This episode features a Q&A session with Warren Ingram and Pieter de Villiers discussing investment strategies for South Africans working abroad, the implications of US-domiciled funds, and practical advice for young investors. They also explore how to start investing early, the importance of financial education, and opportunities for yacht crew members to build wealth.
Chapters
- 00:00 Introduction and Q&A Format
- 02:23 Investing for Yacht Crew: A Unique Perspective
- 04:01 Understanding Dollar-Denominated vs. Domiciled Investments
- 07:45 Investment Strategies for Young Professionals
- 11:44 Building Wealth While Living a Luxurious Lifestyle
- 15:38 Encouragement for Young Investors and Closing Remarks
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers cover how to balance local and offshore exposure in tax-free investment accounts, the differences between global indices like MSCI World and MSCI ACWI, and strategies for long-term diversified investing.
Chapters
- 00:00 Introduction and Purpose of the Show
- 00:29 Audience Engagement and Future Plans
- 01:24 Voice Note 1: Local vs Offshore Exposure in TFSA
- 02:49 Principles of Portfolio Construction and Simplicity
- 04:08 Long-Term Focus and Asset Allocation in Tax-Free Accounts
- 07:28 Tax Implications of Cash and Bond Holdings in TFSA
- 07:57 Index Funds and Passive Investing Strategies
- 08:31 Voice Note 2: MSCI World vs MSCI ACWI - Which to Choose?
- 09:35 When to Switch Funds and Diversification Principles
- 12:46 Understanding Global Equity Indices and Market Exposure
- 14:34 Differences Between MSCI World and MSCI ACWI
- 15:51 Balancing Developed and Emerging Markets in Portfolio
- 16:31 Closing Remarks and Audience Engagement
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore practical financial planning topics, including estate planning, executor fees, and platform costs. They discuss how to optimize estate administration, reduce costs, and choose the right investment platforms, providing valuable insights for listeners looking to improve their financial strategies.
Takeaways:
- Estate planning and executor selection
- Cost-effective investment platform choices
- Reducing estate administration fees
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
This episode, Warren Ingram and Pieter de Villiers explore the importance of emergency funds, practical steps to build one, and how it safeguards your financial future. Learn from experts about how to plan, where to keep your emergency savings, and common pitfalls to avoid.
Takeaways:
- What is an emergency fund and why it is essential
- How much to save for different life situations
- Where to keep your emergency savings for easy access and safety
- Common mistakes and pitfalls in building emergency funds
- The psychological and financial benefits of having an emergency fund
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers unpack South Africa's latest tax adjustments, highlighting how these changes impact savers, investors, and homeowners. Discover key updates, practical tips, and what they mean for your financial planning.
Takeaways:
- Impact of inflation-adjusted tax brackets and rebates
- Changes to retirement contribution limits and tax-free savings accounts
- Capital gains tax exemptions and property sale exclusions
- International money transfer allowances and deregulation
- Donation exemptions and estate duty reforms
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this insightful podcast, Warren Ingram speaks to Ryan Murphy, Global Head of Behavioral Insights from Morningstar, on how behavioral science impacts investment decisions, especially during times of market uncertainty. Learn practical strategies to manage emotional biases, stay disciplined, and achieve long-term financial goals.
Takeaways
- The Role of Behavior in Investment Outcomes
- Insights from Behavioral Science and Practical Interventions
- Developments in Behavioral Finance and Tools for Better Decisions
- Managing Anxiety During Global Uncertainty
- Understanding Market Cycles and Long-Term Trends
- The Importance of a Long-Term Perspective in Investing
- Dealing with Market Recessions and Volatility
- The Impact of Frequent Portfolio Checks
- The Role of Technology and Social Media in Investment Behavior
- The Value of a Consistent Investment Strategy
- Rebalancing and Staying the Course
- Accepting Uncertainty and Staying Invested
Find the Whitepaper from Morningstar on "How Financial Advisers Can Support Clients Through Market Volatility" here.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss personal finance topics, including the impact of online sports betting, the importance of financial stability before major life decisions, and the value of living within one's means. They analyze American and South African contexts, offering practical advice and moral perspectives.
Takeaways:
- The Impact of Online Sports Gambling
- The Dangers of Public Figures Endorsing Gambling
- Understanding Car Purchases and Financial Decisions
- The Importance of Financial Stability Before Parenthood
- The Reality of Middle-Class Life and Social Expectations
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus episode, Warren Ingram and Ray Mhere discuss the critical aspects of investment behavior, focusing on the behavior gap that often leads investors to underperform compared to their unit trusts. They explore the psychological factors influencing investment decisions, such as panic selling and performance chasing, and emphasize the importance of aligning investment choices with personal goals and risk tolerance. The discussion also highlights the necessity of rebalancing portfolios and evaluating fund performance based on management and philosophy, ultimately, providing strategies for successful investing, including regular contributions and maintaining a disciplined approach to investment management.
Takeaways
- Investors often underperform their unit trusts due to behavioral factors.
- The behavior gap is a significant issue in investment performance.
- Panic selling during market downturns can lead to poor investment decisions.
- Chasing performance often results in buying high and selling low.
- Aligning investment choices with personal goals is crucial for success.
- Rebalancing portfolios regularly helps maintain the desired asset allocation.
- Evaluating fund performance should focus on management and investment philosophy.
- Investors should compare similar funds to make informed decisions.
- Regular contributions can mitigate the effects of market volatility.
- A disciplined investment strategy is essential for long-term success.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers review Caleb Hammer's financial audits. They explore the implications of spending habits, the impact of debt on relationships, and the importance of financial responsibility. The conversation highlights the dangers of high-interest debt and emphasizes the need for awareness and ownership of one's financial situation.
Takeaways
- Money is universal for the most part, with minor regional differences.
- Health is wealth; poor spending habits can lead to health issues.
- It's essential to conduct regular audits of personal spending.
- Conscious spending should align with personal values and goals.
- Debt can strain relationships, especially when borrowing from family.
- Financial responsibility is crucial, especially for younger individuals.
- There is always hope, even in challenging financial situations.
- High-interest debt can spiral out of control quickly.
- Awareness of financial obligations is the first step to management.
- Taking ownership of one's financial future is essential.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers engage with audience questions, focusing on investment strategies for an inheritance and the complexities of living annuities in retirement. They emphasize the importance of understanding personal financial goals, managing withdrawal rates, and the psychological aspects of investing. The conversation provides valuable insights into financial planning, particularly for those approaching retirement or managing newfound wealth.
Takeaways
- Personal finance should be approached with simplicity and clarity.
- Diversifying across too many funds can lead to over-concentration and unnecessary complexity.
- Balanced funds can often provide sufficient diversification without the need for multiple funds.
- Understanding the tax implications of retirement and discretionary investments is crucial.
- Estate planning should consider the needs of dependents, especially minors.
- Creating a trust can be a responsible way to manage assets for minor children.
- It's important to regularly review and update your will as circumstances change.
- Maximizing tax-free and retirement accounts is a significant achievement in personal finance.
- Communication with guardians about financial responsibilities is essential.
- Asking the right questions is a key part of financial literacy.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villers address audience questions related to personal finance, focusing on pension contributions and estate planning. They discuss the implications of diversifying investments across multiple funds and the importance of simplicity in financial strategies. The conversation also delves into the complexities of estate planning, particularly regarding how discretionary investments are treated upon death and the best practices for ensuring financial security for dependents.
Takeaways
- Personal finance should be approached with simplicity and clarity.
- Diversifying across too many funds can lead to over-concentration and unnecessary complexity.
- It's essential to understand the implications of investment strategies on long-term growth.
- Estate planning is crucial, especially for individuals with dependents.
- Retirement funds fall outside of estate duty, providing tax advantages.
- Discretionary investments can be subject to estate duty, so planning is necessary.
- Nominating guardians for minor children is an important aspect of estate planning.
- Trusts can be a useful tool for managing assets for minors.
- Understanding the tax implications of different investment vehicles is vital.
- Asking the right questions about finances is a sign of good financial health.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore the psychology of money and the different money personalities that influence financial behavior. They discuss the debtor mindset, characterized by avoidance and fear of money, and the investor mindset, which focuses on wealth building and financial discipline. The conversation emphasizes the importance of understanding one's own financial behaviors and beliefs, and the role of coaching and accountability in achieving financial goals.
Takeaways
- Understanding money personalities helps in achieving financial goals.
- The debtor mindset often leads to avoidance and overspending.
- Financial coaching can aid in changing negative beliefs about money.
- Investors need to be cautious of letting money control their lives.
- Contentment is key to a healthy relationship with money.
- Building a system can help avoid financial traps.
- Having a money buddy can provide accountability.
- Self-awareness is crucial in managing financial behaviors.
- It's important to take ownership of your financial situation.
- Life experiences shape our financial beliefs and behaviors.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this conversation, Warren Ingram and Pieter de Villiers discuss the concept of money personalities and how they influence financial behavior. The discussion covers the spender and saver personalities, their characteristics, red flags, and tips for managing these traits effectively. The conversation highlights the need for self-awareness and communication in financial decision-making, especially in relationships where opposites often attract.
Takeaways
- Understanding your money personality is key to financial success.
- Childhood experiences shape our attitudes towards money.
- Spenders often live above their means and face lifestyle inflation.
- Savers may struggle to enjoy their wealth due to guilt around spending.
- It's important to create a budget that allows for guilt-free spending.
- Self-awareness can help manage impulsive spending habits.
- Communication is crucial in relationships with differing money personalities.
- Setting joint financial goals can help bridge differences between spenders and savers.
- Creating an environment that reduces temptation can aid in better financial decisions.
- Reframing money as a tool for meaningful experiences can enhance life satisfaction.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers delve into the intricacies of setting financial goals and the importance of behavior change in achieving them. They emphasize the significance of the SMART framework—Specific, Measurable, Attainable, Relevant, and Time-bound—when defining financial objectives. The discussion highlights how understanding one's financial situation and prioritizing goals can lead to better decision-making and ultimately financial freedom. The hosts also touch on the compounding effect of small, consistent actions over time, drawing parallels between financial goals and other life aspirations, such as health and fitness.
Takeaways:
- Introduction to Financial Goals
- The SMART Framework for Goal Setting
- Understanding Your Financial Situation
- Prioritizing Financial Goals
- The Importance of Clarity and Budgeting
- Automating Your Savings
- Aligning Financial Goals in Relationships
- Conclusion and Next Episode Preview
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore goal setting at the start of the new year, unpacking why New Year’s resolutions so often fail and how social pressure can drive unrealistic expectations. They argue for focusing on fewer, well-defined goals that are specific, measurable, and achievable, rather than trying to change everything at once. The hosts introduce the SMART goal-setting framework and emphasize self-awareness, understanding the deeper “why” behind goals, and making small, incremental changes that compound over time, before previewing a follow-up episode focused on applying these principles to financial goals.
Takeaways
- Set one specific goal instead of multiple resolutions.
- Understand the deeper motivation behind your goals.
- Create systems to support your goal achievement.
- Incremental changes lead to significant improvements over time.
- Use the SMART framework for effective goal setting.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the critical aspects of exiting a business, including preparation for sale, navigating the transition, and financial planning post-sale. They speak to the importance of understanding the emotional and financial implications of selling a business, as well as the need for proper valuation and tax considerations. The conversation also touches on the challenges entrepreneurs face in retirement and the necessity of adapting to a new financial landscape after selling a business.
Takeaways
- The exit is often the culmination of an entrepreneur's life work.
- Buyers are emotionally detached; focus on financials.
- Proper tax planning is crucial before selling a business.
- Understand the true value of your business before selling.
- Be clear about your role post-sale and expectations.
- Consider the emotional impact of selling on yourself and your team.
- Financial planning post-sale requires a different mindset.
- Investing after selling a business requires humility and learning.
- Seek professional advice for financial planning and investments.
- Don't hesitate to ask for help from fellow entrepreneurs.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discuss the critical stages of business maturity, focusing on key considerations for business owners as they transition from survival to sustainability. They cover essential topics such as key person risk, staff compensation, financial health, client engagement, hiring for culture, buy and sell agreements, and the importance of intentional business practices. Our hosts emphasize the need for entrepreneurs to invest in their people and culture, navigate challenges, and plan for the future, including estate planning and remuneration strategies for founders.
Takeaways
- You want to make sure at the very least you've got some company life assurance.
- You should have a history of paying good sufficient tax.
- Don't lose sight of talking to your clients.
- You want to be honest about what's going on.
- You need to be intentional about what you were doing.
- You need to listen to your employees.
- The challenges will always be there.
- You want that stuff written down.
- You should be very intentional now about the transition of ownership.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the essential steps and considerations for entrepreneurs who have recently started their businesses. They cover practical aspects such as financial planning, compliance, and the importance of hiring and delegating tasks. The conversation emphasizes the need for a sustainable business structure, effective time management, and the long-term strategy for growth.
Takeaways
- Starting a business requires careful planning and consideration.
- The early stages of a business are often the toughest.
- Financial planning is crucial for business owners.
- Don't neglect personal financial responsibilities as a business owner.
- Investing in your business can yield higher returns than other investments.
- Compliance and tax planning are essential for sustainability.
- Building a strong team is vital for business growth.
- Effective time management is key to avoiding burnout.
- Creating systems and processes can enhance business efficiency.
- Long-term strategy is important for future growth and success.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers explore the multifaceted journey of entrepreneurship, from the initial stages of starting a business to the complexities of managing and eventually exiting a business. They discuss the importance of understanding one's motivations, the realities of being an entrepreneur, and the significance of discipline over mere motivation.
Takeaways
- Entrepreneurship requires a clear understanding of personal motivations.
- The initial phase of a business often involves hard work and low income.
- Discipline is crucial for long-term success in entrepreneurship.
- It's important to test business ideas with experienced individuals.
- Legal structures should be considered when planning for growth.
- A sustainable business is built on processes that work independently of the owner.
- Lifestyle businesses differ from growth-oriented businesses in their goals.
- Cash flow management is essential during the transition to entrepreneurship.
- Surrounding yourself with the right people can provide valuable insights.
- Don't rush into entrepreneurship without proper planning and preparation.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus podcast, Warren Ingram and Natalie Harrison explore the multifaceted world of asset management, discussing various investment strategies including passive, active, and systematic investing. They delve into the nuances of value, growth, and quality investing, emphasizing the importance of diversification and understanding market cycles. The discussion highlights the blend of art and science in investment management and offers insights for young investors on the significance of starting early and making informed choices.
Takeaways
- Asset management is a blend of art and science.
- There are various investment vehicles to choose from.
- No single investment style is superior; it depends on goals.
- Passive investing offers lower costs and broad market exposure.
- Active management can provide downside protection.
- Quality investing focuses on cash-generative, dominant companies.
- Diversification is key to managing risk in investments.
- Understanding market cycles is crucial for investment success.
- Investing early can lead to significant long-term gains.
- Time is a valuable asset; use it wisely.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers speak about the essential strategies for managing investments during retirement. They touch on the importance of understanding investment risks, maintaining stock market exposure, and creating a balanced asset allocation. The conversation also covers the significance of local versus offshore investments, managing cash reserves, and the psychological aspects of spending in retirement.
Takeaways
- Retirement is a new phase, not the end of investing.
- Cost of living increases are a significant concern in retirement.
- Managing emotions is crucial for investment strategies.
- Investing too conservatively can lead to financial struggles later.
- Sequence of return risk can impact long-term capital.
- A balanced asset allocation is essential for retirement.
- Stock market exposure is necessary for inflation protection.
- Cash reserves can mitigate risks during market downturns.
- Spending in retirement should be planned and intentional.
- Lifestyle changes should be considered in retirement planning.
Learn more about Prescient Investment Management here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers, discuss the intricacies of managing retirement income, focusing on the transition from accumulating wealth to decumulating it. They explore various strategies for drawing income from retirement funds, including the implications of lump sums, living annuities, and life annuities. The conversation emphasizes the importance of balancing different types of investments, understanding tax implications, and maintaining liquidity to ensure a comfortable retirement.
Takeaways
- It's crucial to understand how to pay yourself from your assets in retirement.
- There are various strategies for sourcing income from your investment portfolio.
- Balance between retirement funds and discretionary investments is essential.
- Consider the tax implications of taking a lump sum from retirement funds.
- Living annuities offer more control over investments compared to life annuities.
- Life annuities provide guaranteed income for life but lack flexibility.
- Interest rates and longevity are significant factors in retirement planning.
- Tax-free savings accounts can play a vital role in retirement income.
- Maintaining liquidity is important for unexpected expenses in retirement.
- Combining different investment strategies can optimize retirement quality.
Learn more about how Curate Investments can help you here.
Send us Fan Mail
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers, discuss the complexities of estate duty and the financial strategies individuals can adopt to manage their wealth effectively. They speak to the importance of making informed financial decisions rather than resorting to costly products that may limit growth. The discussion highlights the value of investing wisely to ensure a prosperous retirement and the implications of estate duty on one's financial legacy.
Takeaways
- Don't do dumb things to avoid a state duty.
- Avoid expensive insurance products that limit growth.
- Investing wisely is better than avoiding estate duty.
- A prosperous retirement is more valuable than minimizing taxes.
- Estate duty should not dictate financial decisions.
- Focus on long-term investment growth.
- Wealth management is about making informed choices.
- Life quality matters more than tax savings.
- Consider the total value of assets at death.
- Financial freedom comes from smart investments.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus episode, Warren Ingram & Bastian Teichgreeber discuss the implications of recent rate cuts on the economy. They speak to the certainty of these cuts not only affecting market pricing but also a broader impact on consumer spending and economic growth. Teichgreeber highlights the potential for additional rate cuts and how they can create more financial flexibility for consumers, ultimately leading to increased economic activity.
Takeaways
- The recent rate cut was anticipated and well-priced in the market.
- There is potential for additional rate cuts in the near future.
- Lower costs in loans and mortgages can boost consumer spending.
- Increased consumer spending can lead to economic growth.
- Market pricing reflects the certainty of future rate cuts.
- The shift in economic strategy is significant for consumers.
- Consumers will feel the impact of these rate cuts in various financial products.
- The economy can grow as consumers reinvest their savings from lower rates.
- Understanding market trends is crucial for financial planning.
- Rate cuts can create a more favorable environment for economic activity.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram and Pieter de Villiers speak to the concepts of meaning and purpose in life, particularly as individuals confront their mortality. They discuss the importance of self-reflection and the impact of health on life choices, encouraging listeners to consider what truly matters to them.
Takeaways
- Many people struggle to define their meaning and purpose in life.
- Self-reflection is crucial, especially as one ages.
- Confronting mortality can lead to deeper insights about life.
- Health status can significantly influence life choices and priorities.
- Asking profound questions can nudge individuals toward self-discovery.
- It's common for people to avoid thinking about their purpose.
- Life's brevity can motivate individuals to pursue what truly matters.
- Understanding one's values can enhance personal growth.
- The journey of finding purpose is often ongoing and evolving.
- Engaging with existential questions can lead to a more fulfilling life.
Learn more about how Curate Investments can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers speak about the complexities of long-term relationships, particularly focusing on communication and decision-making between couples. It highlights how differing perspectives can emerge even after many years of marriage, leading to challenges in navigating shared life choices.
Takeaways
- Long-term relationships often reveal unexpected differences in preferences.
- Effective communication is crucial for navigating relationship decisions.
- Couples may have divergent views on significant life changes.
- Understanding each other's perspectives can prevent conflicts.
- Decision-making in marriage requires compromise and collaboration.
- Long-term partnerships can still face challenges despite years together.
- It's important to discuss future plans openly and honestly.
- Couples should regularly check in on each other's feelings and desires.
- Conflict resolution strategies are essential for healthy relationships.
- Listening actively can strengthen the bond between partners.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discuss the common misconceptions about tax planning and emphasizes the importance of focusing on investment growth rather than solely on tax efficiency. They argue that while being tax aware is important, the primary goal should be to achieve substantial investment returns.
Takeaways
- Don't do all of your planning to avoid or minimize tax.
- The most efficient way to avoid estate tax is to spend all your money.
- Taxes are part and parcel of transferring assets to the next generation.
- High growing investments are preferable to low growth tax-efficient investments.
- Building complex tax structures can be expensive and counterproductive.
- Be intentional about tax awareness while focusing on investment growth.
- The main thing should always be achieving the best investment outcome.
- Avoid getting caught up in tax strategies that detract from growth.
- Investing should prioritize returns over tax efficiency.
- Simplicity in financial planning can lead to better outcomes.
Learn more about how Curate Investments can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
The today's episode, Warren Ingram and Pieter de Villiers delve into the complexities of intergenerational wealth and tax planning, emphasizing that while minimizing taxes is important, it should not overshadow the broader goal of creating a fulfilling life. The discussion highlights alternative strategies for tax savings, such as endowments, and encourages a holistic view of financial planning that aligns with personal life goals.
Takeaways
- Intergenerational wealth requires thoughtful tax planning.
- Endowments can be a more effective tax-saving strategy.
- Minimizing taxes shouldn't be the sole focus of financial planning.
- Consider the life you want to create when planning finances.
- Financial strategies should align with personal values and goals.
- There are cheaper ways to save on taxes than traditional methods.
- A numbers conversation is essential for effective planning.
- Life goals should guide financial decisions.
- Tax planning is a means to an end, not the end itself.
- Creating a fulfilling life is the ultimate financial goal.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus episode, Warren Ingram and Ray Mhere discuss the complexities of selecting unit trusts for investment. They speak to the importance of understanding time horizons, matching investment goals with risk tolerance, and evaluating financial capacity. The conversation also covers the significance of investment fees and the necessity of staying invested for the long term to achieve financial goals.
Takeaways
- Unit trusts are a popular investment choice for private investors.
- Understanding your time horizon is critical when investing.
- Investment goals dictate the appropriate time horizon.
- Risk tolerance affects investment decisions and choices.
- Financial capacity must be assessed before investing.
- Investment fees should be fair and justified based on services provided.
- A fund's track record is important for assessing performance.
- Investors should stay the course and not react to short-term market fluctuations.
- Long-term investing is essential for achieving financial goals.
- Investing should be viewed as a lifelong commitment.
Learn more about how Curate Investments can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villers discusses the financial considerations for individuals in the sunset of their careers, focusing on debt management, investment strategies, and the importance of building emergency funds. They also speak about the need to eliminate debt before retirement, the psychological aspects of transitioning from work to retirement, and the significance of finding purpose beyond one's career.
Takeaways
- Retirement becomes a reality around age 50.
- Debt is a weapon of wealth destruction.
- Aim to be debt-free by retirement age.
- Paying off your bond is a guaranteed return.
- Build an emergency fund of 3-6 months' expenses.
- Celebrate milestones like paying off your home loan.
- Invest in your social capital for a fulfilling life.
- Transitioning from work can be stressful; reduce financial pressures.
- Consider downsizing your home as kids move out.
- Focus on building wealth aggressively in your 50s.
Learn more about how Curate Investments can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discuss the complexities of inheriting wealth, particularly in the context of grief and emotional connections. They chat through the importance of understanding the emotional ties to inherited money, taking time to process grief, and making informed financial decisions. The conversation also covers practical steps for managing inherited wealth, addressing feelings of guilt, and the necessity of creating a financial plan that aligns with personal values.
Takeaways
- Inheriting money often comes with emotional complexities.
- Understanding the source of inherited money is crucial.
- Time is essential in making financial decisions after a loss.
- Guilt can accompany inherited wealth; addressing it is important.
- Creating a financial plan should align with personal values.
- Professional guidance can help navigate financial decisions.
- It's important to process grief before making big financial choices.
- Giving back can alleviate feelings of guilt associated with inheritance.
- Financial education is key to managing inherited wealth effectively.
- Taking time to learn about money can empower decision-making.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers discusses essential financial considerations for new parents. The conversation covers a checklist of must-haves for parents, including income protection, the importance of having a will, understanding life insurance needs, managing short-term risks, and preparing for the financial impact of parenthood.
Takeaways
- Parents must have a financial checklist in place.
- Income protection is essential for family security.
- A will is crucial for asset distribution after death.
- Life insurance is a cost-effective way to protect your family.
- Medical expenses can increase significantly with children.
- Proactive planning is better than reactive measures.
- Teaching children financial responsibility is vital.
- Involve children in financial discussions early on.
- Understanding your insurance needs is key to financial security.
- Budgeting for a child's future is necessary.
Learn more about how Curate Investments can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discus the challenges faced by the sandwich generation, who are responsible for both their children and aging parents. The conversation speaks to the importance of prioritizing financial independence, making informed educational choices, and having open discussions about financial responsibilities within the family. They also highlight the need for balance and intentionality in decision-making to avoid financial strain and resentment, ultimately advocating for a supportive family ecosystem.
Takeaways
- This is the juggling stage of life.
- You have to put it on yourself first.
- You can't logically expect to have enough money if you start saving late.
- You can't take care of your children fully and your parents fully.
- Be intentional about your decisions regarding education.
- You don't have to fill all the gaps with money; presence matters.
- You need to prioritize yourself first before others.
- Resentment can build silently and lead to conflict.
- Success is different for everyone; define it for yourself.
- Create a balanced family ecosystem to support each other.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the financial challenges faced by individuals in their mid-career stage, particularly those aged 35 to 50. They discuss common mistakes, the importance of setting financial objectives, managing debt, and the impact of lifestyle creep. They also touch on the need for budgeting, saving for retirement, and investing wisely while navigating the complexities of supporting both children and aging parents, often referred to as the sandwich generation.
Takeaways
- Mid-career individuals often juggle multiple financial responsibilities.
- It's important to prioritize financial objectives and manage expectations.
- Debt can hinder financial growth if not managed properly.
- Lifestyle creep can lead to unsustainable spending habits.
- Budgeting is crucial for understanding financial capacity.
- Investing early can leverage the power of compound interest.
- Communication with partners about finances is essential.
- Balancing saving for children and retirement is a common challenge.
- Understanding your financial capacity helps avoid overcommitment.
- Regularly revisiting your financial plan is key to success.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss essential financial principles for young adults, focusing on the importance of paying off debt, the benefits of tax-free savings accounts, and long-term investment strategies. They speak to the significance of education in financial success and the need to choose the right retirement products.
Takeaways
- Investing is the fun part of managing money.
- Pay off bad debt before starting to invest.
- Tax-free savings accounts are a valuable tool.
- Long-term investments should focus on growth assets.
- Market volatility is normal; stay invested for the long term.
- Invest in your financial education for better returns.
- Avoid high-fee retirement products.
- Automate your investments for consistency.
- Don't get caught up in daily market fluctuations.
- Your ability to earn is your greatest asset.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the foundational aspects of financial planning, focusing on the importance of creating a spending plan, understanding needs versus wants, and establishing an emergency fund. They speak to practical tips for budgeting, the 50/30/20 rule, and the necessity of taking control of one's finances to achieve financial freedom.
Takeaways
- Eight out of ten salary earners don't have a proper spending plan.
- Understanding needs versus wants is crucial for budgeting.
- A conscious spending plan allows for enjoyment while saving.
- Automating savings can simplify financial management.
- Building an emergency fund is essential for financial security.
- The 50/30/20 rule helps allocate income effectively.
- Tracking expenses is necessary to understand spending habits.
- Investing in healthy food can save money in the long run.
- Giving back can enhance personal satisfaction and financial well-being.
- Financial freedom requires taking control of your money.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter De Villiers discuss the critical topic of debt, particularly for young adults in their 20s and 30s. They explore the different types of debt, emphasizing the importance of understanding good debt versus bad debt, and the societal pressures that often lead to poor financial decisions. They cover practical advice on managing car loans, the dangers of emotional spending, and the necessity of making informed financial choices.
Takeaways
- Debt can derail your financial future if not managed properly.
- Not all debt is bad; understanding the types is crucial.
- Car loans should be manageable and not exceed 10-15% of your income.
- Avoid emotional spending; have a trusted advisor for big purchases.
- Renting in your 20s can be a smart financial decision.
- Take time to research before making significant purchases.
- Avoid balloon payments on car loans; they can trap you in debt.
- A good credit score is not about how much debt you have.
- Use the snowball method to pay off debts effectively.
- Be cautious of societal pressures to buy a home or new car.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss essential financial principles for young adults aged 20 to 30. They cover topics such as managing your first paycheck, the importance of budgeting, avoiding debt, and the impact of lifestyle inflation. The conversation speaks to the significance of making informed financial decisions early in life to set the foundation for future wealth and well-being.
Takeaways
- Your first paycheck is a blank canvas for financial decisions.
- Avoid accumulating debt as a starting point in your career.
- Understand your payslip and the taxes deducted from your salary.
- Create a conscious spending system to track your expenses.
- Spending less than you earn is crucial for building wealth.
- Avoid comparing your financial journey to others.
- Every small financial decision compounds over time.
- Invest in your health to prevent future expenses.
- Be mindful of lifestyle inflation and its impact on finances.
- Focus on consistent, small habits for long-term financial success.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this final episode of the investment series, Warren Ingram and Pieter de Villiers discus the importance of personalized investment strategies across different life stages. The conversation covers practical case studies for individuals aged 20-35, 35-50, and 50-65, emphasizing the need for budgeting, emergency funds, and retirement planning. They highlight the significance of living below one's means, the impact of lifestyle choices on financial health, and the necessity of adapting investment strategies as life circumstances change.
Takeaways
- There isn't only one way to achieve an outcome.
- Be humble and know you don't have all the answers.
- Live below your means from early days.
- Start saving 15% of your income for retirement.
- Your best investment will always be in yourself.
- You can't hit all the goals at once.
- Take care of yourself first before your children.
- This is the time to be ruthless around your finances.
- Don't rush into buying a new car.
- Be creative in finding ways to generate income.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss discretionary investments, focusing on their flexibility and tax implications. They explore the concept of endowments as a hybrid investment option that combines features of retirement annuities and discretionary funds. The conversation delves into the tax benefits of endowments, particularly for high-income earners, and the strategic use of these investments for long-term financial planning.
Takeaways
- Discretionary investments offer full flexibility and are fully taxable.
- Endowments provide a tax-efficient investment option for high-income earners.
- The five-year restriction on endowments allows for tax-free withdrawals after the period.
- Investors should be cautious of fees associated with endowments and discretionary funds.
- Endowments can be beneficial for long-term financial planning, especially for education funds.
- Offshore endowments can shield investments from foreign death taxes.
- Understanding the tax implications of capital gains is crucial for investors.
- Discretionary funds can be used for short to medium-term savings goals.
- Investors should avoid upfront fees when considering endowments.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discusses tax-free savings accounts, highlighting their importance as investment vehicles rather than mere savings accounts. They speak to the mechanics of how these accounts work, the benefits of early contributions, especially for children, and the necessity of educating the next generation about financial responsibility. The conversation also addresses common misconceptions about tax-free accounts, strategies for maximizing contributions, and the importance of proper management and transfer of these accounts.
Takeaways
- Tax-free savings accounts are better termed as tax-free investments.
- Contributions to tax-free accounts are limited to 36,000 Rand per year.
- Exceeding contribution limits incurs a 40% penalty.
- Tax-free accounts grow tax-free, but foreign dividends are taxed.
- Starting a tax-free account for children can set them up for financial success.
- Educating children about money is crucial as they approach adulthood.
- Tax-free accounts should not be used for short-term savings goals.
- Investing in diversified assets is key to maximizing returns in tax-free accounts.
- Transferring tax-free accounts is allowed and should be done carefully.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the importance of understanding various investment vehicles, particularly retirement funds. They emphasize the significance of tax efficiency, the different types of retirement funds available, and the necessity of planning for the future. The conversation highlights the benefits of retirement funds, including tax-free growth and protection from creditors, while also addressing common misconceptions and the importance of making informed decisions regarding investments.
Takeaways
- Retirement funds are essential for financial freedom.
- Not all retirement funds are bad; some offer great benefits.
- Tax efficiency is crucial in long-term investing.
- Start planning for your estate early to avoid complications later.
- Retirement funds provide tax-free growth on investments.
- Cashing out retirement funds early can harm your future finances.
- Investing in retirement funds can protect your assets from creditors.
- Understanding the fees associated with retirement funds is important.
- You can transfer retirement funds without incurring tax penalties.
- Planning and understanding the rules of retirement funds is key to successful investing.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers dive into the complexities of financial advisory fees, exploring the evolution of the financial planning industry, the importance of transparency in client-advisor relationships, and the value of investing in financial education. They discuss various fee structures, including commission-based models and subscription services, while emphasizing the need for clients to understand what they are paying for and the value they receive in return.
Takeaways
- The financial planning industry has evolved significantly over the years.
- Commission-based models can create misaligned incentives between advisors and clients.
- Ongoing fees can help align the interests of clients and advisors.
- Transparency in fee structures is crucial for building trust.
- Different fee models exist to cater to various client needs.
- Education is key to making informed financial decisions.
- Investing in financial advice can yield significant long-term benefits.
- Clients should view advisory fees as an investment rather than an expense.
- The democratization of financial advice remains a challenge in diverse markets.
- Understanding the value of advice is essential for clients.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this weeks episode, Warren Ingram and Pieter de Villiers explore the financial planning journey, when to manage your own money, when to work with a financial advisor, and how to know when it’s time to move on from an advisor who no longer serves your best interests.
Key takeaways:
- The pros and cons of DIY investing vs. hiring a financial advisor
- Signs it’s time to consult a financial planner
- When it’s better to fire your financial advisor
- Why education, transparency, and respect matter in financial relationships
- How to identify red flags in financial advisory services
- The importance of self-awareness in financial decision-making
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villers discuss the critical aspects of estate planning, particularly focusing on marriage contracts and their implications on financial planning. They explore the importance of understanding different types of marriage contracts, including those with and without accrual, and the community of property system. The conversation emphasizes the need for couples to have open discussions about their financial futures and the potential impacts of marriage on their wealth distribution, especially in the event of divorce or death.
Takeaways
- Marriage contracts are crucial for financial planning.
- Understanding the implications of marriage on wealth is essential.
- One spouse may deserve a greater share after divorce due to career sacrifices.
- Couples should view marriage as a partnership or team effort.
- Different marriage contracts have varying implications for asset distribution.
- The accrual system is often seen as the fairest option for couples.
- Community of property can expose spouses to financial risks.
- Legal advice is necessary when drafting marriage contracts.
- Transparency in financial discussions is vital for a healthy marriage.
- Couples should update their wills alongside marriage contracts.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram & Pieter de Villiers speak to the intricacies of trusts, exploring their significance in estate planning and wealth preservation, discussing the different types of trusts, including living and testamentary trusts, and the importance of asset management within these structures. They also highlight the tax implications and costs associated with setting up and maintaining trusts, as well as the role of trustees.
Takeaways
- Trusts serve as a foundation for financial security.
- The primary purpose of a trust is to facilitate the transfer of wealth across generations.
- Understanding the types of trusts is crucial for effective estate planning.
- Asset management is key to minimizing estate costs through trusts.
- Tax implications can significantly affect the benefits of trusts.
- Setting up a trust involves various costs that should be carefully considered.
- Offshore trusts can provide advantages in terms of tax and asset protection.
- The role of trustees is vital in managing trusts and ensuring compliance with legal requirements.
- Testamentary trusts are essential for parents to secure their children's financial future.
- Consulting a legal expert is necessary when establishing a trust to avoid pitfalls.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the complexities and costs associated with estate planning, understanding the importance of forward planning to minimize financial burdens on loved ones after death. They explore various strategies for efficient estate planning, including the role of retirement funds, the benefits of donations, and the implications of offshore assets.
Takeaways
- Understanding the costs involved in estate planning is crucial.
- Estate duty can significantly impact the value of an estate.
- Professional help is essential for effective estate planning.
- Retirement funds can be a tax-efficient way to pass on wealth.
- Donating to beneficiaries during your lifetime can reduce estate size.
- Life insurance policies can help avoid executor fees.
- Offshore assets require careful planning to avoid high taxes.
- Marital status affects estate planning strategies.
- Trusts can be beneficial but should not be solely for tax savings.
- Starting estate planning early can save time and money later.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discuss the critical importance of estate planning, focusing on Wills. Regardless of age or wealth, everyone needs a Will to ensure their wishes are honored after death. The conversation covers the consequences of not having a Will, the process of setting one up, appointing executors and guardians, and the necessity of reviewing and updating Wills regularly. They also touch on the complexities of foreign Wills for assets held outside of South Africa, highlighting the need for proper planning to avoid complications for loved ones left behind.
Takeaways
- Everyone needs a will, regardless of age or wealth.
- Planning for death is a responsibility to your family.
- Without a will, your estate gets frozen.
- A well-structured will can prevent family disputes.
- Parents must have a will to protect their children.
- You can appoint an executor to manage your estate.
- Wills should be reviewed every few years.
- Pets should be included in your will.
- Foreign assets may require a separate will.
- It's essential to communicate your wishes clearly.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram invites Chris Rule, Head of Products and Client Solutions at CoreShares 10X, to discuss the evolving themes in the asset management industry, particularly focusing on the concept of investment solutions. They explore the distinction between genuine investment solutions and marketing jargon, the importance of goal-oriented investing, and the differences between alpha and beta investments.
Takeaways
- Investment themes evolve over time, some fade while others persist.
- Investment solutions should genuinely address specific financial goals.
- Greenwashing was a critique of marketing over substance in investments.
- Certainty in achieving financial goals is more important than chasing alpha.
- Not all funds marketed as solutions are truly designed to meet specific objectives.
- Understanding the difference between alpha and beta is crucial for investors.
- Investors should seek clarity in their financial objectives.
- The investment industry often uses jargon that can mislead investors.
- A focus on outcomes can lead to better investment decisions.
- Investors need to be aware of the risks associated with alpha chasing.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers delve into the complexities of investment fees, discussing various types of fees including investment management fees, platform fees, and advisor fees. They speak to the importance of understanding these fees and their impact on long-term investment returns. The conversation also highlights the need for transparency in fee structures and the value that financial advisors can provide beyond just managing investments.
Takeaways
- Understanding investment fees is crucial for building wealth.
- There are various types of investment fees: management, platform, and advisor fees.
- Free services often come with hidden costs.
- Investment management fees can vary significantly based on fund type.
- Active management typically incurs higher fees than passive management.
- Platform fees can be structured as a percentage or fixed fee.
- Advisor fees should reflect the value provided to the client.
- Transparency in fee structures is essential for informed decision-making.
- High fees can erode investment returns over time.
- It's important to regularly review and understand your investment fees.
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the critical concept of diversification in investing. They explore its benefits, the risks of over-diversification, and strategies for effective asset allocation. They touch on the importance of balancing index and active management, simplifying investment strategies, and embracing uncertainty as a key component of successful investing.
Takeaways
- Diversification is essential for long-term investment success.
- Over-diversification can lead to diluted returns.
- Invest across different asset classes, regions, and company sizes.
- Time diversification helps manage market volatility.
- Avoid chasing the latest investment trends to prevent losses.
- A balanced portfolio should include both index funds and active management.
- Simplicity in investment strategies often yields better results.
- Consolidating investments on fewer platforms can reduce complexity.
- Understanding market cycles is crucial for effective diversification.
- Diversification is a powerful tool against uncertainty in investing.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villiers delve into the concept of investment risk, exploring various types of risks that investors face, including volatility and inflation risk. They speak through the importance of understanding personal inflation rates and how they can impact financial goals, the significance of having a well-structured investment strategy and the opportunity costs associated with market timing and the necessity of staying invested to capitalize on market recoveries.
Takeaways
- Investment risk encompasses various types, including volatility and inflation risk.
- Understanding personal inflation rates is crucial for financial planning.
- Investing in cash may not keep pace with inflation.
- A well-structured portfolio can mitigate risks over time.
- Market volatility is a normal part of investing.
- Opportunity cost arises from not being invested during market recoveries.
- Long-term investment strategies are essential for achieving financial freedom.
- Awareness of inflation can help in making informed investment decisions.
- Understanding your perception of risk is essential for investing.
- Balancing risk and comfort is key to successful investing.
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the challenges and strategies associated with achieving financial freedom, particularly during market downturns. Talking through the psychological aspects of investing, the importance of planning for withdrawals during retirement, and the need to find purpose and income post-retirement.
Takeaways
- Achieving financial freedom can be daunting during market downturns.
- Panic selling is one of the worst mistakes investors can make.
- Understanding psychological responses to loss can help in decision-making.
- Markets typically experience fluctuations; this is normal.
- Controlling expenses during retirement can help manage financial stress.
- Finding purpose post-retirement is crucial for emotional well-being.
- Investing in a balanced portfolio is essential for long-term success.
- Phasing investments during volatile markets can mitigate risks.
- Having a cash buffer can provide security during market corrections.
- Emotional management is key to successful investing.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Pieter de Villiers discuss the concept of financial freedom and how to calculate your financial freedom number. They touch on the importance of understanding personal lifestyle costs, the 4% rule for sustainable withdrawals, and the need for flexibility in financial planning. The conversation also touches on the balance between enjoying life now and saving for the future, as well as the significance of tracking progress towards financial goals.
Takeaways
- Financial freedom means making choices based on desire, not necessity.
- You only need enough assets to sustain your desired lifestyle.
- Calculating your financial freedom number is a personal process.
- Track your actual expenses to get a realistic financial freedom number.
- The 4% rule is a guideline for sustainable withdrawals from investments.
- Flexibility in financial planning is crucial for adapting to life changes.
- Balancing current enjoyment with future savings is essential.
- Celebrate small wins in your financial journey to stay motivated.
- Regularly update your financial freedom number as circumstances change.
- Controlling expenses is key to achieving financial freedom faster.
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villiers discuss the critical aspects of insurance, focusing on disability insurance and life assurance. They emphasize the importance of protecting one's ability to earn an income and ensuring financial security for loved ones in the event of death. The conversation covers the complexities of insurance products, the significance of underwriting, and the need for regular evaluations of insurance needs as life circumstances change.
Takeaways
- Your ability to earn an income is your biggest asset.
- Disability insurance is crucial for financial security.
- Life assurance protects your loved ones from financial burdens.
- Be transparent with your insurance company to avoid claim issues.
- Evaluate your insurance needs regularly as life changes.
- Don't cancel insurance without securing new coverage first.
- Compare insurance quotes carefully to ensure you're getting the best deal.
- Understand the underwriting process to avoid being uninsurable later.
- Insurance through employment can be a valuable resource.
- Consider both income protection and lump sum disability cover.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villiers discuss the critical role of insurance in financial planning. They explore various types of insurance, including short-term and long-term options, and emphasize the importance of health insurance and medical aid. The conversation also covers strategies for reducing insurance costs and the need for comprehensive coverage as life circumstances change.
Takeaways
- Insurance is essential for financial security.
- Understanding the risks you face is crucial.
- Insurance should be viewed as a smart investment.
- Short-term insurance protects your physical assets.
- Health insurance is vital for unexpected medical expenses.
- Hospital plans cover major medical costs, while medical aid covers day-to-day expenses.
- Shopping around for insurance can save money.
- Increasing your excess can lower your premiums.
- Be cautious of insurance companies' loyalty programs.
- Planning for future medical needs is important.
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this bonus episode, Warren Ingram and Bastian Teichgreeber discuss navigating investments during volatile market conditions. They emphasize the importance of diversification, understanding valuation metrics, and making rational investment decisions amidst uncertainty. The discussion covers the impact of political events on markets, the attractiveness of South African bonds, and the undervaluation of the rand.
Key Takeaways
- Navigating Volatile Markets
- Investment Strategies in Uncertain Times
- Valuation Metrics and Market Analysis
- Understanding Bonds and Real Yields
- Political Uncertainty and Investment Decisions
- Currency Valuation and Investment Strategy
- Systematic Investing and Emotional Biases
- Finding Calm in Market Uncertainty
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villers discuss the critical importance of asset allocation in investment strategies. They explore various asset classes, the role of risk, and how to determine the right equity allocation based on individual goals and time horizons. The discussion also delves into the distinction between lifestyle assets and investment assets, the types of investment risks, and the significance of managing volatility, emphasizing the need for automation in investment processes and the importance of long-term strategies, especially in retirement planning.
Takeaways
- Asset allocation is the most crucial investment decision.
- A balanced mix of assets can lead to investment success.
- Understanding different asset classes is essential for investors.
- Equities serve as the growth engine in an investment portfolio.
- Risk management is vital to achieving financial goals.
- Investors should be aware of lifestyle assets versus investment assets.
- Volatility is a natural part of investing; manage it wisely.
- Automating investments can help mitigate emotional decision-making.
- Long-term investment strategies are key to financial security.
- Investing should be a disciplined habit, not a source of excitement.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villiers discuss the intricacies of retirement fund contributions, tax benefits, and investment strategies for individuals nearing retirement answering your questions. They speak to the importance of understanding contribution limits, maximizing tax benefits, and the need for liquidity in retirement.
Question:
"Hello Honest Money team, I have a question regarding which in your opinion is the better long term (15 years or more) approach: Contributing more than R350k per year to your provident fund or only contributing up to R350k and putting the rest in to a tax free savings account? From my own research there seems to be merit in both, but I'm still unclear on what the optimal solution could be. I would appreciate your opinion on this. Thank you and regards, Gert Kruger."
Takeaways
- You can contribute up to 27.5% of your taxable income to retirement funds.
- Over-contributions to retirement funds can be rolled over for tax benefits.
- Tax-free savings accounts have strict contribution limits and penalties for over-contribution.
- Maximizing contributions to retirement funds is generally advisable for tax benefits.
- Liquidity is crucial in retirement for unexpected expenses and lifestyle choices.
- Flexibility in accessing funds is more valuable than strict tax efficiency.
- Diversification helps mitigate concentration risk in retirement planning.
- Endowments can be beneficial for high-income earners due to tax advantages.
- It's important to balance tax planning with overall investment strategy.
- Life events can impact financial decisions, so having accessible capital is essential.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the importance of financial planning for children, particularly in the context of investing for their future. They explore various investment strategies, account structures, and the significance of financial education. The conversation also delves into tax considerations for global investments and the potential use of trusts for managing significant assets, and more.
Takeaways
- Investing for children should start early to maximize compounding.
- Consider tax implications based on residency status.
- Joint accounts can provide control over funds for minors.
- Education about money is crucial for future financial success.
- Trusts can be beneficial for managing large assets.
- Keep investment strategies simple and straightforward.
- Involve children in financial discussions to enhance literacy.
- Understand the complexities of international tax laws.
- Fairness in investment amounts can be subjective.
- Start with equal amounts and let investments grow over time.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and Pieter de Villiers answers your questions on building a solid financial foundation, investment strategies for young adults, and the importance of global diversification. They discuss the significance of tax-free savings accounts, retirement planning, and the balance between risk and reward in investments.
Key Takeaways:
- Maxing out a tax-free savings account is a great start.
- Building a financial foundation involves budgeting and emergency funds.
- Investing in retirement funds can provide tax benefits.
- Diversification is crucial for long-term investment success.
- Avoid timing the market; focus on long-term growth.
- Invest in global markets to take advantage of opportunities.
- Automate investments to reduce stress and ensure consistency.
- Knowledge is the best investment you can make.
- Consider short and medium-term financial goals alongside long-term investments.
Learn more about Prescient Investment Management here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram and co-host Pieter de Villiers discuss the complexities of balancing home loans, investments, and children's education. They explore the trade-offs involved in financial planning, the significance of teaching children about money management and the long-term benefits of starting early with investments.
Takeaways
- Debt can be a weapon of wealth destruction.
- Paying off a home loan can provide a guaranteed return.
- Investing in children's education is crucial but should not compromise retirement savings.
- Starting a tax-free savings account for children is beneficial, even if it's a small amount.
- Financial education for children is more valuable than monetary gifts.
- Balancing home loans, investments, and children's education requires careful consideration.
- Interest rates play a significant role in deciding between paying off debt and investing.
- Emotional factors, such as the desire to be debt-free, influence financial decisions.
- It's important to involve children in financial discussions and decisions.
Learn more about how 10X Investment can help you now: https://bit.ly/4hiEscG
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram discusses the impact of car finance on personal finances, speaking to the importance of understanding the true cost of car ownership. He provides strategies for paying off car debt faster and highlights the significance of making informed financial decisions regarding car purchases.
Takeaways
- Understanding the impact of car finance is essential for financial freedom.
- Car companies often mislead consumers about affordability versus value.
- Paying off car debt faster can significantly improve cash flow.
- Interest rates on vehicle financing are typically higher than on home loans.
- It's advisable to drive cars for longer periods to maximize value.
- Building a cash reserve for future car purchases is crucial.
- Avoid the trap of financing cars to maintain financial stability.
- New cars depreciate quickly, leading to potential financial loss.
- Changing spending behavior can lead to better financial outcomes.
- Prioritize financial freedom over the desire to impress others.
Learn more about Prescient Investment Management here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the challenges of saving money and the importance of increasing income through various means. They explore the significance of a conscious spending plan, the potential of side hustles, and the critical role of mindset and attitude in career growth.
Takeaways
- Cutting expenses can only go so far.
- A conscious spending plan is essential.
- Increasing income is a viable option.
- Upskilling can enhance earning potential.
- Side hustles can provide additional income.
- Creativity is key in finding income opportunities.
- Your attitude can significantly impact your career.
- Resilience is crucial in overcoming challenges.
- Viewing problems as opportunities can lead to success.
- Hard work and determination are necessary for growth.
Learn more about 10X Investments here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram and Rupert Hare, Head of Multi-Asset at Prescient, discuss the current state of global markets amidst political uncertainty and economic shifts. They explore historical parallels, the importance of valuations, and the need for diversification in investment strategies. The conversation highlights opportunities in fixed income, the rise of Japan as a market to watch, and the potential in South Africa despite its challenges.
Takeaways
- Valuations always count. They always, always count.
- You get paid to take risk in investments.
- Bonds are offering such good yields.
- Diversification literally is the only free lunch in investing.
- We're seeing a structural shift in Japan.
- Investors should look at South Africa more objectively.
- It's important to remain objective.
- You can get exposure to all of these asset classes at extremely low cost.
Learn more on how Prescient Investment Management can help you here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Pieter de Villiers discuss the critical question of how much one should save each month. They explore the balance between saving and investing, the extremes of the FIRE movement, and the importance of finding a personal savings percentage that aligns with individual lifestyle choices. The discussion emphasizes the need for purpose in retirement and the importance of balancing current living with future savings.
Takeaways
- Saving is essential, but it should be balanced with living.
- Understanding your desired lifestyle is crucial for saving decisions.
- Saving is different from investing; both are necessary.
- The FIRE movement promotes extreme frugality for early retirement.
- Aiming to save 15% of your income is a good starting point.
- Finding purpose in life is key to happiness in retirement.
- It's important to enjoy life while saving for the future.
- You can't help others if you're financially struggling yourself.
- Start saving, even if it's a small amount; habits matter.
- Balance between current enjoyment and future security is vital.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this conversation, Warren Ingram and Pieter de Villiers, delve into the contentious topic of buying versus renting a home in South Africa. They explore the polarized views surrounding this issue, covering the financial implications of both options, the emotional aspects of home ownership, and the long-term considerations that should be taken into account when making such a significant financial decision.
Takeaways
- Buying or renting is a heated discussion with polarized views.
- Financial implications of buying a home can be significant.
- Buying makes sense if you plan to stay for 8-10 years.
- Renting provides flexibility and is often less financially burdensome.
- House prices generally move with inflation over time.
- Home ownership can be seen as an investment, but it's not always guaranteed to be profitable.
- It's important to consider all costs associated with buying a home. Home ownership is often seen as an asset, but it comes with ongoing costs.
- Renting can allow for better living conditions in expensive areas.
- Understanding the landlord-tenant relationship is key to a positive renting experience.
- Buy-to-let properties should be viewed as a business venture, not just an investment.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this conversation, Warren Ingram and Pieter de Villiers discuss the complexities of retirement funds, including pension funds, provident funds, and retirement annuities. They explore the recent regulatory changes that have made retirement funds more accessible and beneficial for individuals. The discussion highlights the tax advantages of these funds, the importance of understanding fees, and the necessity of making informed investment decisions.
Takeaways
- Retirement funds are essential for self-provisioning in old age.
- Recent regulations have improved the accessibility of retirement funds.
- Tax benefits of retirement funds include tax-free growth and deductions.
- Understanding fees is crucial for maximizing retirement savings.
- Retirement funds offer protection from creditors in case of debts.
- The ability to invest a significant portion internationally is a recent change.
- The two-pot system allows for emergency access to funds.
- Investing in retirement funds can lead to significant long-term growth.
- Choosing the right retirement fund can mitigate high fees.
- Informed decision-making is key to successful retirement planning.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Pieter de Villiers discuss the essential aspects of choosing the right investments. They emphasize the importance of understanding asset allocation, risk tolerance, and the psychological factors that influence investment decisions. The discussion also highlights the need for a balanced approach to investing, where short-term and long-term goals are considered, and the emotional responses to market fluctuations are managed.
Takeaways
- Choosing the right investment starts with understanding your goals.
- Asset allocation is crucial for building a solid investment foundation.
- Timeframes dictate the types of investments you should consider.
- Risk tolerance is a psychological factor that influences investment decisions.
- Education is key to making informed investment choices.
- Behavioral finance plays a significant role in investment success.
- Creating a balanced portfolio helps manage risk and achieve financial goals.
- Intentional investing requires clarity about why you are investing.
- Investing should be a fun and rewarding process.
- Money is a tool to help you live your best life.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's conversation, Warren Ingram and David Hurford discuss the critical topic of what happens to retirement funds upon the death of an individual, particularly focusing on the implications for young children and dependents. The discussion covers the differences between approved and unapproved life insurance policies, the management of funds for minor dependents, and the advantages of using beneficiary funds as a secure and regulated option for managing these assets.
Takeaways
- It's critical to have a will to guide your beneficiaries.
- Retirement funds have specific rules regarding beneficiary nominations.
- Trustees have a legal obligation to ensure fair distribution of benefits.
- Your dependents, not just nominated beneficiaries, will receive benefits.
- Keeping your nomination form updated helps trustees make informed decisions.
- Retirement funds are excluded from your estate for tax purposes.
- Approved life insurance policies are managed by the retirement fund trustees.
- Beneficiary funds provide a regulated way to manage funds for minors.
- Proper estate planning is essential for managing dependents' funds.
- Beneficiary funds are a tax-free environment for managing retirement fund benefits.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram welcomes Pieter de Villiers, also known as Money Marx, as the new co-host of Honest Money. Together, they explore the importance of offshore investing, emphasizing its accessibility to all South Africans. They discuss key topics such as the benefits of diversifying investments, strategies for currency conversion, and the tax implications of offshore investments. Additionally, they provide practical insights on investing in global markets while taking the South African context into account.
Takeaways
- Offshore investing opens up a world of opportunities.
- Diversification is a core principle of investment.
- Investing offshore is accessible to all South Africans.
- You can start investing with small amounts like 10 rand.
- It's important to have some exposure to RANs for stability.
- The medium person should consider a 25-50% offshore exposure.
- Tax implications are crucial when investing offshore.
- Investing through RAND denominated funds is a viable option.
- Understanding where your investment is domiciled is key.
- Diversification helps mitigate risks in uncertain markets.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this today's Q&A, Warren Ingram discusses the moral responsibility of employers to support their domestic workers, particularly in terms of retirement savings. He emphasizes the conflict between immediate financial needs and long-term savings goals, advocating for open communication and financial education. Warren suggests a balanced approach to financial planning that considers both the urgent needs of employees and their future security.
Takeaways
- Contributing to retirement savings for domestic workers is a moral imperative.
- Many domestic workers face immediate financial needs that conflict with long-term savings.
- Open and honest conversations between employers and employees are crucial.
- Financial literacy is essential for helping domestic workers understand their options.
- Employers should avoid being paternalistic and instead empower their employees.
- A blend of immediate access to funds and long-term savings is advisable.
- Understanding the difference between needs and wants is vital in financial discussions.
- Employers should approach financial education with patience and clarity.
- Asking employees how they want to be helped fosters better relationships.
- It's important to do homework and learn from others' experiences in similar situations.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Welcome to the new year, in this episode Warren Ingram reflects on the events of 2024 and shares insights for the upcoming year. He discusses the changes at Honest Money, including new written and video content, and delves into the political landscape's impact on economies, particularly in South Africa. Warren highlights the importance of inflation and interest rates in the global economy, the valuation of tech stocks, and the potential of emerging markets, emphasizing the need for diversification in investment strategies for 2025.
Takeaways
- Honest Money is expanding its content offerings with more written articles and video content.
- The political landscape in 2024 has led to significant changes in voter sentiment and party dynamics.
- Inflation and cost of living are major concerns for voters globally, impacting political outcomes.
- South Africa is experiencing a shift in governance with a government of national unity.
- The outlook for energy supply in South Africa is improving, with hopes for reduced load shedding.
- National health insurance poses a risk to the healthcare sector in South Africa if not managed properly.
- Global inflation trends will influence central bank policies and interest rates in 2025.
- Tech sector valuations are high, raising concerns about sustainability and future growth.
- Emerging markets present investment opportunities, but caution is advised due to varying economic conditions.
- Diversification across asset classes is crucial for investors in an uncertain global environment.
Get access to all our written content, tips & finance tricks HERE.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Michelle Green, Credit Analyst at Prescient, delve into the concept of ESG (Environmental, Social, and Governance) investing. They explore its significance in aligning investments with personal values, the interconnectedness of ESG factors, and the challenges posed by ESG ratings. They also addresses the future of ESG amidst skepticism and provide practical steps for investors looking to incorporate ESG principles into their investment strategies.
Takeaways
- ESG stands for Environmental, Social, and Governance factors.
- Investing with ESG principles can lead to more resilient companies.
- The interconnectedness of ESG factors is crucial for holistic evaluation.
- Critiques of ESG ratings highlight the need for transparency and accountability.
- Long-term focus is essential for successful ESG investing.
- Investors should align their objectives with their values when considering ESG.
- Research shows that sustainable investing can outperform traditional methods.
- Engagement with companies is more effective than divestment in driving change.
- Understanding the methodology behind ESG ratings is vital for informed investing.
- Seeking financial advice can enhance understanding and options in ESG investing.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram and Dr. Marc Rogatschnig explore the profound impact of fear on financial decision-making. They discuss how fear and anxiety can lead to irrational choices, particularly in the context of investments and money management. The discussion delves into the evolutionary roots of fear, the concept of hypervigilance, and practical strategies for managing fear to make more rational financial decisions.
Don't forget to grab a copy of Warren's new book, Small Changes for Big Results, here: https://bit.ly/4fPGmB4
Takeaways
- Fear significantly influences our financial behaviors.
- Understanding fear is crucial for better decision-making.
- Hyper vigilance can lead to irrational financial choices.
- Smart individuals may struggle more with fear-based decisions.
- Facing fears can help in overcoming them.
- Limiting exposure to negative influences is beneficial.
- Rational thinking is often compromised by fear.
- Asking positive questions can shift perspectives.
- Books provide deeper insights than fleeting news.
- Recognizing emotional triggers is key to managing fear.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this weeks episode, Warren Ingram discusses the significance of tax-free savings accounts for children, emphasizing the long-term benefits of early contributions. He explains the mechanics of these accounts, including contribution limits and the importance of not withdrawing funds prematurely, and highlights the power of compounding growth with the potential for substantial wealth accumulation by the time the child reaches adulthood.
Takeaways
- It's a no brainer for parents to fund a tax-free savings account for children.
- Starting contributions early provides a significant growth advantage.
- The lifetime contribution limit is R 500,000, not the investment value.
- Withdrawals reduce the lifetime contribution limit, so avoid them unless necessary.
- Contributions can come from family members, not just parents.
- Setting up a tax-free savings account is easy for minors.
- Gifting contributions instead of material items can lead to financial freedom.
- Compounding growth can lead to substantial wealth by adulthood.
- Encouraging contributions from family can maximize benefits.
- Financial education is crucial for future generations.
For more valuable insights from the 10x team, click here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Dr. Marc Rogatschnig delve into the complexities of imposter syndrome and its impact on financial behaviors. They explore how emotional spending can stem from low self-esteem and the need for external validation. The conversation emphasizes the importance of understanding the underlying motivations behind spending habits and offers strategies for overcoming these challenges through empathy and self-reflection.
Get your copy now: https://bit.ly/4fPGmB4
Takeaways
- Imposter syndrome is a common experience affecting many individuals.
- Behavior change is challenging and requires sustained effort.
- Material possessions can be used to boost self-worth, often unconsciously.
- Empathy is crucial when addressing spending behaviors.
- Rebuilding confidence is a journey, not a quick fix.
- Self-worth should come from within, not from external validation.
- Recognizing triggers for imposter syndrome can help in managing it.
- Social media can exacerbate feelings of inadequacy.
- It's important to acknowledge and accept one's imperfections.
- Having supportive conversations can lead to personal growth.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Rupert Hare, Head of Multi-Asset at Prescient, discuss the significance of balanced funds in investment portfolios, particularly for retirement planning. They explore the structure of balanced funds, emphasizing their role in providing diversification across various asset classes. The discussion also covers the importance of understanding market volatility, the long-term focus required for successful investing, and the tax implications associated with balanced funds.
Takeaways
- Balanced funds are essential for most investors' portfolios.
- They provide diversification across various asset classes.
- Investors should expect market volatility with balanced funds.
- Long-term focus is crucial for successful investing.
- Tax efficiency is a significant advantage of balanced funds.
- Understanding the risk-return profile is vital for investors.
- Fees can significantly impact investment returns over time.
- Diversification helps mitigate risks associated with market fluctuations.
- Investors should not panic during short-term market downturns.
- A balanced approach is key to achieving retirement goals.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram answers your questions around investing, the importance of financial milestones, the strategic use of tax-free savings accounts and the significance of planning for children's education. Warren also delves into investment strategies, including risk tolerance, asset allocation, the advantages of global diversification and highlights the balance between index investing and active management.
Takeaways
- Paying off your bond is a significant milestone.
- Keeping your bond open can serve as an emergency fund.
- Maximizing tax-free savings is a smart financial strategy.
- Investing for children's education should be a long-term goal.
- Consider contributing to children's tax-free savings accounts.
- Investing 100% in shares can lead to long-term growth.
- Understanding risk tolerance is crucial for investment success.
- Global diversification is important for a balanced portfolio.
- Blending index investing with active management can optimize returns.
- Choosing investments with low fees is essential for maximizing growth.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's podcast, Warren Ingram answers your questions around importance of diversification in investing, particularly for young investors looking to build a global portfolio. Warren outlines strategies for offshore investment, including the use of feeder funds and the implications of currency exchange and capital gains tax. Warren also emphasizes the need for a balanced approach to investing, combining different vehicles such as unit trusts and exchange-traded funds, while also considering tax efficiency and growth potential.
Takeaways
- Diversification is crucial for long-term investment success.
- Investing a portion of your money overseas is essential.
- Feeder funds can simplify the process of offshore investing.
- Understanding tax implications is key to effective investing.
- Investing in index funds can reduce risk and increase returns.
- Start with foundational investments before considering individual shares.
- Monitor currency impacts on your investments.
- Utilize tax-free allowances to maximize growth.
- Plan your investments to minimize capital gains tax exposure.
- Maintain a balance between local and global investments.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In todays episode Warren Ingram discusses the complexities of investment fees, the importance of selecting the right funds, and how to evaluate the value of financial advisors. He emphasizes the need for transparency in fees, the significance of diversification, and the role of good advisors in making informed investment decisions.
Takeaways
- High investment product fees can be considered immoral.
- Consolidating investments can lead to lower fees and simpler management.
- Diversification in a small market like South Africa may not be effective.
- Good financial advisors can add significant value to your investment strategy.
- Performance fees should only be charged when funds perform well.
- Understanding the components of investment fees is crucial for investors.
- Investors should question their advisors about fund selections and fees.
- A certified financial planner is a key qualification to look for in an advisor.
- Transparency in fee structures is essential for trust in advisor relationships.
- Total investment costs should ideally be below 2.5% for good service.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram answers your questions about the principle of earning dollars and where to invest the money. Warren speaks to keeping investments in the currency in which they were earned to avoid conversion costs, the importance of diversification and the All Country World Index versus the MSCI World Index.
Takeaways
- Keep investments in the currency in which they were earned to avoid conversion costs.
- Diversify investments and avoid solely focusing on the American market.
- Consider investing in the All Country World Index for global exposure.
- Choose a low-cost global platform for investing.
- Consider adding the top 40 index for a diversified portfolio.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Colin Morgan, Co-founder at getWorth, discuss the financial implications of buying cars, focusing on the benefits of purchasing used cars over new ones. They explore the concept of car depreciation, the ideal age for buying a vehicle, and the importance of understanding the wholesale and retail pricing dynamics in the car market.
Takeaways
- Cars are a passion for many, but financial sense is crucial.
- Used cars generally offer better value than new cars.
- Depreciation is steepest in the first year of ownership.
- The ideal time to buy a car is between five to ten years old.
- Mileage is often more important than age when buying a used car.
- Buying at wholesale and selling at retail is the goal for car buyers.
- Keep a car until it becomes unreliable or too costly to maintain.
- Understanding the car market can lead to better purchasing decisions.
- Emotional decisions can lead to poor financial outcomes in car buying.
- Choosing the right time to buy or sell a car can save money.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Conway Williams, Head Of Credit at Prescient, discuss the often-overlooked realms of private debt, particularly in the South African context. They explore the definitions, differences, and investment strategies associated with these asset classes, emphasizing the importance of understanding liquidity, risk, and diversification. The discussion also highlights the potential for impact investing through private debt, showcasing how investments can contribute to economic and social development while still providing competitive returns.
Takeaways
- Private debt provides lending opportunities with a focus on capital preservation.
- Investors in private debt sacrifice high returns for lower risk and priority in liquidation.
- Liquidity is a key consideration in both private equity and private debt investments.
- Private debt can offer returns above traditional fixed deposits, typically between 3-6% above call rates.
- Investing in private debt involves understanding the risks and potential credit events.
- Diversification is crucial to mitigate risks in private debt portfolios.
- Private debt can fund impactful projects like renewable energy and infrastructure.
- Investors should not allocate all their funds to private debt; a balanced portfolio is essential.
- Access to private debt investments can be achieved through specialized funds.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram answers your questions about preference shares, explaining how they work and why their popularity has waned among private investors. He discusses their volatility due to interest rate fluctuations and suggests RSA retail bonds as a more stable alternative. Warren also touches on stock exchange platforms like Altex, which has faced challenges, and A2X, which is geared more toward institutional investors.
Takeaways
- Preference shares are a form of investment where individuals lend money to a company in exchange for a fixed dividend payment.
- The price of preference shares is influenced by the interest rate environment, making them volatile.
- RSA retail bonds may be a better option for stability and certainty.
- Altex has struggled due to economic downturns and compliance issues.
- A2X is designed for institutional investors and not for private investors.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram speaks about investing in silver, the risks involved, holding gold or silver for long periods of time and other investment opportunities, like the exchange-traded funds (ETFs) that track the value of gold or silver.
Takeaways
- Investing in silver is similar to investing in gold, as both are commodities that don't generate any income.
- People buy precious metals like gold and silver when they're worried about the future or inflation.
- Holding gold or silver for long periods of time can result in losses.
- Silver is cheaper than gold and has more industrial uses, but if safety is the goal, gold is the preferred option.
- Investing in exchange-traded funds (ETFs) that track the value of gold or silver is an alternative to buying physical metals.
- Wealthy individuals often hold a small percentage of their assets in commodities as insurance against unforeseen events.
- For most investors, it's better to focus on buying companies and equity funds that generate growth and dividends.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram answers your questions about fund manager fees and the impact on investor profits. Warren speaks to investing in retirement annuities provided by unit trust companies, admin and platform fees, as well as the importance of understanding investment costs to ensure you're not overpaying.
Takeaways
- When investing in retirement annuities, it's important to consider admin fees or platform fees charged by unit trust companies.
- Consolidating investments on one platform can help reduce fees.
- Insurance company platforms often have higher fees and lack transparency.
- Understanding investment costs is crucial to avoid overpaying.
- For monthly investments, market timing is less important, and investors should focus on choosing the right investments and giving them time to grow.
- For lump sum investments, it's better to do larger transactions to minimize transaction fees.
- Having a fixed investment program and not worrying about short-term market fluctuations is key to long-term growth.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram invites Henk Kotze, Head of Cash & Income at Prescient to discuss global inflation, interest rates, and their impact on investors. Warren & Henk speak to the fact that inflation is decreasing, and interest rates are expected to follow, with the US economy still growing at a slower pace, with no immediate risk of recession. Warren and Henk also touch on opportunities in emerging markets and global income assets, the expansion of global ETFs in South Africa and more.
Takeaways
- Inflation is starting to come down globally, and interest rates are expected to follow suit.
- The US economy is still growing, although at a slower pace, and a recession is not imminent.
- As interest rates decrease, there are opportunities for investors to find houses for their capital, with emerging markets and global income assets being attractive options.
- The availability of global ETFs in South Africa has expanded, providing more opportunities for investors.
- Diversification across asset classes and geographies is a key strategy for investors.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram answers your questions about retirement expenses and taxes, as well as the financial consequences of immigrating and investing in foreign stock markets. He also highlights the importance of budgeting for increasing medical aid costs in retirement & gives advice around financial immigration and tax implications.
Takeaways
- Retirement expenses don't change significantly from the last years of work to the first years of retirement, except for the cessation of saving and potential changes in supporting children financially.
- Budget for increasing medical aid costs in retirement, as they tend to grow faster than the cost of living.
- Be cautious about formal financial immigration, as it can have significant tax implications. Test drive living in another country before making a permanent move.
- Invest in global investments through South African fund managers to avoid double taxation and have flexibility in accessing funds based on your residency.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In todays episode, Warren Ingram and Rupert Hare, Head of Multi-Asset at Prescient, discuss the investment opportunities in South Africa and around the world. They highlight the potential for good returns in South African asset classes, such as equities and fixed income instruments, due to attractive valuations and high yields. They also discuss the importance of diversification and the potential for growth in emerging markets like Japan.
Takeaways
- South African asset classes, such as equities and fixed income instruments, offer attractive valuations and high yields.
- Diversification is important, and investors should consider allocating to emerging markets like Japan.
- A balanced and rational approach to investing, focusing on long-term goals, is crucial.
- Investments should be based on the mix of asset classes that align with individual investment needs.
Get more insight on how Prescient Investment Management can help you here.
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this podcast, Warren Ingram answers questions about contributing to a retirement fund and withdrawing money from a retirement fund to pay off debts. He discusses the limitations on investing in international investments through living annuities and suggests being patient as the cap on offshore capacity may ease in the future.
Takeaways
- Maximize the tax break for retirement fund contributions by contributing up to the maximum allowed amount.
- Avoid over-contributing to retirement funds and consider contributing to a tax-free savings account.
- Quitting a job to access retirement funds can lead to financial difficulties, so explore other options to pay off debts.
- Be patient with the limitations on investing in international investments through living annuities, as the cap may ease in the future.
- Maintain a balanced investment approach and consider maximizing tax reallocation.
Get more insight on how Prescient Investment Management can help you here.
Send us a Text Message.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram and Rupert Hare, Head of Multi-Asset at Prescient, discuss the potential for interest rate cuts in the US and how it may impact asset allocation. They discuss the importance of diversification, preparing for different eventualities, the opportunities in global fixed income, and the potential for value in stock markets outside of the US.
Takeaways
- Interest rates are likely to come down in the US, and investors should prepare for different eventualities.
- Diversification across geographies and asset classes is important to mitigate risks and take advantage of opportunities.
- Global fixed income, which has been ignored for years, is now offering attractive returns.
- There are opportunities in stock markets outside of the US, especially in South African equities.
- Investors should consider the impact of interest rate cuts on different asset classes and adjust their allocations accordingly.
Get more insight on how Prescient Investment Management can help you here.
Send us a Text Message.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram explores the best ways to use a bonus, weighing the benefits of paying off car debt versus investing it. He discusses various options, including reducing taxes by contributing to a retirement account and the advantages of paying off high-interest debt.
Takeaways
- Consider the interest rate on car debt when deciding whether to pay it off or invest the money elsewhere.
- Putting a portion of a bonus into a retirement account can reduce taxes.
- Using the monthly car repayment amount to build up savings can help with future car purchases.
- Financing cars at high interest rates is not advisable, except in rare cases of favorable finance deals.
- Being a shareholder rather than a client of financiers can be more beneficial in the long run.
Get more insight on how Prescient Investment Management can help you here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram speaks to the importance of understanding why you'd like to consider advanced education and whether it will truly benefit one's career. Warren speaks to alternative options such as specialised short courses to gain new skills and knowledge.
Takeaways
- The decision to pursue an advanced degree, such as an MBA, should be carefully considered and based on the specific goals and needs of your career.
- Comparing yourself to others and feeling a sense of FOMO can lead to dissatisfaction. Focus on your own race and what truly makes you happy.
- Instead of pursuing a generalist degree like an MBA, consider taking specialized short courses to gain new skills and knowledge that align with your career goals.
- Stay curious and keep learning new skills to make yourself more valuable in the job market.
Get more insight on how Prescient Investment Management can help you here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram gives advice to a listener on how to set aside money for a family member who will be in prison for five or six years. Warren discusses the challenges of saving and investing for adult family members and the potential tax implications, the level of control you want the person to have over the money and explores options such as setting up an investment or opening an endowment.
Takeaways
- When saving and investing for adult family members, consider the level of control you want them to have over the money.
- Be aware of the potential tax implications, such as capital gains tax and donations tax.
- Options for saving and investing include setting up an investment in your own name or opening an endowment in the person's name.
- For a five-year or longer time horizon, consider investing in shares for potential growth.
Get more insight on how Prescient Investment Management can help you here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram dive into the importance of including emerging markets in your investment portfolio alongside your local market investments. Warren explores how the All Country World Index offers exposure to both developed and emerging markets, providing a diversified approach to global investing and touches on more.
Takeaways
- Investors should consider having an allocation to emerging markets in addition to their local market investments.
- The All Country World Index provides exposure to both developed and emerging markets.
- Investors can also indirectly gain exposure to emerging markets through global portfolios that include multinational companies.
- The optimal allocation to emerging markets depends on individual risk tolerance and beliefs about their growth potential.
- Investors should be cautious about starting at the maximum allocation and consider rebalancing their portfolio if emerging markets perform well.
- Regulatory and geopolitical factors should be taken into account when making investment decisions.
Get more insight on how Prescient Investment Management can help you: https://bit.ly/3VGGDxQ
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On this week's episode, Warren Ingram answers your questions around financial priorities for new parents. A new mom seeks advice on choosing between buying a retirement annuity (RA), life cover, or medical aid, tune in and learn about risk management protection, insurance and more.
Takeaways
- Prioritize risk management and protection before focusing on long-term savings.
- Get medical aid first to cover potential medical costs for yourself and your baby.
- Shop around and compare quotes from different providers for medical aid and insurance.
- Consider life and disability insurance to protect your child in the event of your death or inability to work.
- Once insurance is in place, consider long-term retirement savings options like a retirement annuity and tax-free savings account.
- Ask friends and family to contribute to a tax-free savings account for your child as a gift.
Get more insight on how Prescient Investment Management can help you: https://bit.ly/3VGGDxQ
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Chris Rule, Head of Products and Client Solutions at 10X, discuss the difference between volatility and risk in investing. They discuss that volatility, understanding the difference between permanent loss of capital and volatility, and how to manage and mitigate these risks through diversification and goal setting.
Takeaways
- Volatility is the measure of how much an investment goes up and down, while risk is the chance of not achieving your financial goals.
- Permanent loss of capital is when an investment goes to zero and you will never get that money back.
- Risk can be managed and mitigated through diversification, goal setting, and sound planning.
- Behavioral biases, such as fear of missing out and loss aversion, can affect investment decisions and should be managed.
- Investors should focus on the risks they can control and dial down the noise from media headlines.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram answers your questions around streamlining your investment strategy for maximum efficiency and growth. He reveals the secrets behind Linked Investment Service Providers (LISPs) and their role in portfolio management, highlighting their advantages for financial advisors. Warren also discusses why investment companies often outperform insurance companies in service and platform quality, and reviews specific LISPs.
Key Takeaways
- LISPs Explained: Ideal for financial advisors, offering streamlined portfolio management.
- Better Service: Investment companies outperform insurance companies in service and platform quality.
- LISP Review: Alan Gray and others, strengths and limitations in investment options.
- Retirement Planning: Use generic equity portfolios and tax-free savings accounts for growth.
- Regulation 28: Impact on retirement funds; balanced funds as a simple growth solution.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram explores the tax implications of investing money on behalf of a child. He explains why putting money in a child's name doesn't avoid taxes, as parents are taxed until the child turns 18, and discusses the tax consequences of donating money to children. Warren also highlights the benefits and cautions of tax-free savings accounts for children and suggests investing in endowments or unit trusts to benefit the child long-term. Tune in for insights on making smart financial decisions for your child's future.
Takeaways
- Investing money in a child's name does not avoid tax for the parent.
- Donating money to a child has tax consequences for the parent.
- Tax-free savings accounts for children should not be used for personal purposes.
- Consider investing in an endowment or unit trust for long-term benefits for the child.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram answers your questions about retirement annuities (RA) or a tax-free savings accounts (TFSA). Warren discusses the benefits of a TFSA including tax-free growth, RA offers a tax deduction on contributions, how Regulation 28 governs the maximums in retirement funds, and that decisions should consider both time horizon and psychological tolerance for risk and offshore allocations.
Takeaways
- Consider both time horizon and psychological tolerance for risk when deciding between a retirement annuity and a tax-free savings account.
- Regulation 28 governs the maximums in retirement funds, but a balanced portfolio with a high allocation to shares is generally recommended.
- Retirement funds now offer more flexibility and offshore allocation, making them attractive investments.
- Tax-free savings accounts offer tax-free growth, but contributions are not tax-deductible.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's podcast Warren Ingram and Anton Eser, Chief Investment Officer at 10X Investments, delve into the US bond market, its significance, and the challenges it faces. They explore the relationship between the US bond market and global financial assets, as well as the impact of geopolitical and fiscal factors on the market.
Takeaways
- The US bond market is a critical component of the global financial system, influencing various financial assets worldwide.
- Geopolitical and fiscal factors play a significant role in shaping the dynamics of the US bond market and its sustainability.
- Proper diversification and cautious, conservative investment strategies are essential in uncertain economic environments.
- Understanding the relationship between the US bond market and global financial assets is crucial for making informed investment decisions.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode Warren Ingram teaches us how to strategically phase in your investments, minimize fees, and maximize interest earned. Warren also answers your questions on using an access bond as an emergency fund for guaranteed, tax-free returns at high interest rates.
Takeaways
- Strategically phasing in investments to avoid unnecessary fees
- Managing transaction costs effectively
- How to maximize interest earned during the phase-in period
- How to minimize transfer fees (fixed and percentage-based)
- Identifying optimal brokerage accounts for maximum benefits
- Learn more on how to use an access bond as an emergency fund for guaranteed, tax-free returns at high interest rates (11.5%).
- How to conduct a test run to check the ease of withdrawal and any hidden costs.
- Identifying optimal brokerage accounts for maximum benefits.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram delves into the retirement fund reform, which introduces a two-pot system to lower the tax burden when cashing in provident funds upon resignation. It segregates funds into a compulsory portion, locked until retirement, and a savings pot accessible during emergencies. While the reform doesn't alter the investment strategy, it modifies fund accessibility.
Takeaways
- The retirement fund reform aims to address the issue of high taxes when cashing in a provident fund.
- The two-pot system will have a compulsory part that is locked away until retirement and a savings pot for emergencies.
- The reform does not change the investment strategy but focuses on when and how the money can be accessed.
- The implementation of the reform has been delayed, and it is uncertain if the investment strategy will differ for the two pots.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram explores the topic of prescribed assets and their potential effects on retirement funds. He delves into their historical context during the apartheid era and clarifies that the ANC's manifesto is distinct from official policy, recommending that investors hold off on modifying their retirement strategies until concrete government policies are announced.
Takeaways
- Prescribed assets refer to the concept of forcing retirement funds to invest in specific government bonds or projects.
- The ANC election manifesto is not government policy, and it is important to wait and see how things unfold before making investment decisions.
- Consultation with unions and Treasury will play a significant role in determining the implementation of prescribed assets.
- Bankable projects, which generate returns and are well-managed, are more likely to be pursued as public-private partnerships rather than through prescribed assets.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram and Chris Rule dive into the world of exchange-traded funds (ETFs), exploring their transformation from simple index trackers to actively managed portfolios. They break down the benefits of using ETFs for diversified investing, discuss the differences between active and passive ETF strategies, and highlight key considerations like costs and transparency.
Takeaways
- ETFs allow investors to access a diversified basket of shares or bonds through a single investment on their stockbroking account.
- Regulations have been liberalized to allow for actively managed ETFs.
- When choosing between active and passive ETFs, consider transparency, understanding the underlying investments, costs, and diversification.
- Accountability and learning from investment mistakes are important.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram and Ess Mukumbo discuss the challenges of balancing work and parenting. They emphasize the importance of planning, communication, having a support system in place and the guilt that parents often feel and the need to prioritize and make trade-off decisions.
Takeaways
- Balancing work and parenting is a constant juggling act that requires planning and communication.
- Having a support system in place is crucial for managing work-life balance.
- Guilt is a common feeling for parents, but it's important to prioritize and make trade-off decisions.
- Open and honest communication with children is key to managing expectations and addressing their needs.
- Perfection is not attainable, and it's okay to not be perfect as a parent.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode Warren Ingram explores the strategic advantages of dividend investing and its role in ensuring financial discipline within corporations. Warren speaks to contrast dividends with share buybacks, highlighting how dividends are tied to real cash flow and profits, offering investors a more transparent measure of a company's financial health.
Takeaways
- Benefits of Dividends: Dividends as indicators of real profits and financial discipline & why focusing on dividends can enhance investment strategies.
- Corporate Behavior & EPS: Impact of earnings per share on company decisions.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram and Dr. Marc Rogatschnig delve into their newly launched book 'Small Changes for Big Results,' highlighting the impact of unconscious influences on financial decisions. They offer a behavior change framework, using case studies and tools to help readers improve their financial behaviors. Emphasizing small, impactful mindset shifts, the book aims to simplify behavior change and enhance financial well-being.
Get a copy of Small Changes for Big Results here
Takeaways
- Understanding our unconscious influences on financial choices is crucial for behavior change.
- Small changes in mindset and behavior can lead to significant results over time.
- Relatable case studies and practical tools for improving money behavior.
- Demystifying behavior change and empowering individuals to take control of their financial lives is the main goal.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Kelin Pottier, Solutions Strategist at 10X Investments, discuss the different ways to store cash in unit trust funds. They explore the concept of income funds, which aim to deliver a high level of income while maintaining capital stability, the risks involved in income funds and the importance of regulations and diversification in managing these risks.
Takeaways
- Unit trust funds offer different ways to store cash, including money market unit trusts and income funds.
- Income funds aim to deliver a high level of income while maintaining capital stability and have a strong bias towards capital protection.
- Risks in income funds include interest rate risk and credit risk, which investors need to consider when selecting funds.
- Regulations and diversification play a crucial role in managing risks in income funds.
- Investors should prioritize risk and return when choosing income funds and be cautious of excessive risk-taking by fund managers.
- Assessing the duration and portfolio composition of income funds can provide insights into the risks involved.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram delves into asset allocation, navigating the complexities of balancing stocks, bonds, cash, property, and shares to tailor your investment strategy. He'll guide you in aligning your portfolio with your financial goals and risk tolerance, emphasizing personalized approaches over generic solutions.
Questions/Topics:
- Asset Allocation: The strategic distribution of investments across various asset classes, such as shares, exchange-traded funds (ETFs), gold coins, and property.
- Balancing Risk and Reward: Explore the thrill of the stock market vs. the steady rhythm of bonds.
- Fund Fact Sheets: How to interpret benchmarks and asset allocations within unit trusts/ETFs.
- Personalized Risk Tolerance: Understanding your risk profile for financial peace of mind.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram delves into the transformative landscape of retirement planning, focusing on the innovative two-pot system designed to harmonize our immediate financial needs with the necessity for future security. We'll debunk common myths and misconceptions that cloud our understanding of these financial reforms, clarifying their true aims free from the fog of hidden taxes and supposed ulterior motives.
Questions/Topics:
- Balancing Immediate Needs with Future Security: Exploring the two-pot system's approach to harmonize urgent financial needs with securing a stable retirement.
- Debunking Myths and Misconceptions: Clearing the air on misconceptions about hidden taxes and motives, and clarifying the real goals of financial reforms.
- Challenges and Opportunities: Discussing both hurdles and benefits, from inflexible Provident Fund structures to the implications of tax penalties.
- Forced Saving Culture: Investigating ways to instill a mandatory saving mindset as a cornerstone for a worry-free retirement.
- Impacts on Saving Habits: Analyzing how these reforms might alter saving practices, influencing financial behaviors for the better.
- Pension Fund Administrators' Readiness: Evaluating pension fund administrators' preparedness for upcoming changes, with actionable strategies for smooth adaptation.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In week's episode Warren Ingram, guides you with a comprehensive discussion on investment myths and the impact of FOMO in the South African market. Through research and observations, he provides guidance for investors, cautioning against chasing short-term highs and reacting impulsively to trends.
Questions/Topics:
- Past Performance vs. Future Results: Ingram warns against assuming that historical performance guarantees future success in the stock market.
- Influence of Tech Stocks: Ingram discusses the significant influence of certain tech stocks on the market in 2023.
- Long-Term Perspective: The importance of adopting a long-term approach to investing is emphasized.
- Insights from Morgan Hassell: Ingram shares strategies from "Same as Ever," focusing on wisdom and discipline in investing.
- Traditional Investment Approach: The podcast advocates for stability and long-term growth through a traditional investment approach.
By maintaining discipline and focusing on long-term goals, investors can navigate market fluctuations with confidence.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this week's episode of the financial podcast, Warren Ingram discusses the complexities of the nation's fiscal situation with Chris Eddy, Head of Multi-Asset funds at 10x Investments. They analyze the implications of high debt levels and the use of foreign exchange reserve profits, highlighting the transition from stability to vulnerability. Amid economic challenges, opportunities for investors are explored, with Chris promoting strategic risk-taking, particularly among the youth, for potential personal growth.
Questions/Topics:
- Impact on Private Sector: The examining of the ripple effects of South Africa's high debt costs on the private sector.
- Nuances of Credit Spreads: The conversation delves right into the intricacies of credit spreads and their implications for investor risk. Exploring the challenge of finding asset diversification
- Government Spending and Debt: Peel back the layers of government spending overshadowed by towering debt.
- Opportunities for Investors: The emphasis on the potential within the youth demographic and advocate for embracing early-life financial risks to pursue.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram discusses the finance minister’s strategy of using the country’s emergency savings within the context of the Budget Speech. He evaluates the potential consequences of this decision and provides insights into navigating the complex financial landscape of South Africa. This guide aims to equip both experienced investors and newcomers with the knowledge needed for effective financial planning in uncertain economic times.
Questions/topics uncovered:
- Budget Impact on Personal Finance: Acknowledges the significance of national budgets on personal finance management
- Debt Management: Discusses the importance of managing national debt
- Economic Growth: Stresses the need for substantial economic growth to tackle unemployment and identifies energy and infrastructure as key areas requiring attention.
- Electric Vehicle Manufacturing: Comments on the positive step towards incentivizing electronic vehicle manufacturing
- Investment strategy: Advocating for a long-term investment strategy.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this week’s episode, Warren Ingram delves into the complexities of optimizing retirement funds within the South African context. He offers strategies for individuals aiming to maximize their retirement savings and achieve financial security. We also highlight the importance of utilizing the 27.5% taxable income contribution to gain significant tax rebates and strategically navigate the 350,000 ZAR ceiling, enhancing future financial stability.
Themes/Topics:
- Retirement Fund Options: Unveiling the array of retirement savings vehicles tailored to South Africans.
- Investment Strategies: Learn how to balance risk and return for long-term growth.
- Tax Efficiency: Explore the power of utilizing tax benefits and navigating ceilings for enhanced financial stability.
- Long-Term Planning: Set achievable retirement goals and adapt your savings strategy accordingly.
- Behavioral Finance Insights: Overcome emotional decision-making and maintain discipline amidst market fluctuations.
Don't miss out on Warren's invaluable insights
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this week episodes, Warren Ingram delves into the intricacies of political interplay and its impact on investment strategies in an era marked by national upheavals. The realm of investments, political landscapes often cast long shadows, influencing markets in unpredictable ways. A valuable insight is provided particularly in the context of South Africa amidst the upcoming elections.
Questions/topics to look forward to:
- Political events exert substantial influence on investor sentiment and market dynamics.
- Predictive investment strategies based solely on political outcomes are inherently risky.
- Diversification across global markets offers a robust hedge against political uncertainty.
- Maintaining a long-term investment perspective is crucial amidst short-term political volatility.
- Pragmatic engagement with political discourse involves prioritizing economic fundamentals over transient political promises.
For more valuable insights from the 10x team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram explores the critical link between mental health and financial stability post-pandemic with insights from Stian de Witt CFP from NMG Benefits. We discuss the importance of 'mental fitness' akin to an emergency fund, the financial impact of mental health issues, and the push towards normalizing mental health support.
Questions/ Topics:
- Explore the intertwined relationship between mental health and financial well-being in the aftermath of the COVID-19 pandemic.
- Discussion on how the pandemic has highlighted the need for 'mental fitness.'
- Analogy between mental fitness and having an emergency fund for financial security.
- Insights into the financial repercussions of mental health challenges.
- Examination of the pandemic's role in increasing divorce rates and the stress of living paycheck to paycheck.
- Movement towards normalizing mental health assistance.
- The significance of focus and mastery in achieving success in personal and professional life.
- Discussion on the drawbacks of diversification and multitasking in financial and career endeavors.
- The critical role of self-education in financial empowerment.
- Warnings against the dangers of poorly informed financial advice and the influence of social media.
- Recommendations of transformative literature, including "The Richest Man in Babylon" and "The Psychology of Money."
For more valuable insights from the 10X team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram tackles the dilemma of investing in property versus paying off a mortgage in South Africa, highlighting hidden costs, tenant rights, and the importance of financial readiness.
Questions/ Topics:
"So my question is about property and buying property at the moment. I have a property, a townhouse. I've had it for over seven years now and what I was wondering is the market looks good at the moment in terms of buying property. And my plan was to firstly pay off my current property and then only buy property once I have paid off my current property. I think I'm looking at paying it off within the next 6 to 7 years. So now I'm just wondering, is it advisable to buy a property now and then rent it out or rather focus on the goal of paying off my current property and then only buy a property later."
For more valuable insights from the 10X team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram and financial expert Anton Eser, Chief Investment Officer at 10x Investments, as we dissect the U.S. stock market's ascent and the S&P 500's significant gains since the late '80s. We'll explore the interplay of earnings growth, valuation multiples, and interest rates, alongside the challenges posed by the pandemic, inflation, and Federal Reserve policies.
Questions/ Topics:
* Exploring the U.S. stock market's rise with Anton Eser from 10x Investments.
* Analyzing the S&P 500's gains since the late '80s.
* Understanding the roles of earnings growth, valuation multiples, and interest rates.
* Insights into modest top-line sales growth of major companies.
* Discussing market predictions based on corporate America's evolution.
* Delving into valuation and earnings amidst the pandemic, inflation, and Fed policies.
* Examining the fluctuations of the PE ratio and refinancing challenges.
* Assessing the impact of potential tax hikes on corporate America.
* Forecasting a realistic outlook for U.S. equities in the next decade.
* The interplay of macroeconomic factors and their effect on investments.
* Strategies for market success: diversification and emerging market investments.
* Embracing risk perception and effective portfolio management.
* Learning from Charlie Munger: broadening financial perspectives and valuing process over pride.
* A comprehensive session to enhance your investment knowledge and strategies.
For more valuable insights from the 10X team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram delves into the essentials of starting a financial journey for young family members, navigating through options like endowments, retirement annuities, and tax-free savings accounts. We explore the strategic timing and benefits of offshore investments, including phased investments for long-term growth and retirement planning. Questions/ Topics:
- "I'm thinking of investing money offshore, like taking money directly offshore and investing it there for the long term in equities. The reason that I want to do that is to be able to have some money to be able to purchase a house in cash when I retire, which is going to be in about 20 years. I'm not going to need this money for anything else. Would you say that's a good idea or is there something else that you'd advise? Thank you."
- "I'm lucky enough to be an aunt with a niece and nephew and I'd like to invest roughly about 250 Rand each a month for them. Everything I've looked at online shows that only if you're the guardian or the parent you can open up an investment account. The thing is I'd like to be able to have control over it, receive statements every month, see how things are growing, to see if I need to change anything about it. Let me know. Is the only option to set something up through the parents?"
For more valuable insights from the 10X team, click here.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Welcome to "Market Insights 2024," your essential guide to understanding the financial landscape. In this episode, Warren Ingram explores the economic upheavals of the past year and the potential of 2024. We'll dissect the impact of tech giants, known as the 'Magnificent Seven,' on global markets, delve into the challenges and opportunities in emerging markets like South Africa, and examine how psychological factors like recency bias affect investment decisions.
- Economic Review of the Past Year: Exploring the major twists and turns in the global economy throughout the past year.
- 2024 Economic Outlook: Insights into what the upcoming year holds, focusing on potential treasures and opportunities.
- The Magnificent Seven's Impact: Analysis of the financial rebound led by tech giants and their influence on the MSCI All Country World Index.
- Emerging Markets Focus: Delving into the hidden truths of emerging markets, with a special focus on South Africa's challenging gains.
- Psychological Traps in Investing: Discussing common mental snares like recency bias and their impact on investment strategies.
- South Africa's Energy Prospects: A look at the expected advancements in South Africa's energy sector and reduced load shedding in 2024.
- Potential Political Shifts: Previewing possible political changes in South Africa, including service delivery improvements and anti-corruption efforts.
- Investment Strategy Advice: Offering tips on diversifying portfolios and avoiding the pitfalls of chasing high-performing stocks.
- Morgan Hassell's New Insights: Discussing key takeaways from Morgan Hassell's follow-up to 'The Psychology of Money.'
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram as he covers the three fundamental steps to achieving a financially free retirement by: being debt-free, having an emergency fund, and generating sufficient investment income. We'll also demystify the choices between living and life annuities, explore the realities of early retirement at 55, and more.
Questions/ Topics:
- Demystifying retirement planning: three key steps to financial freedom.
- Strategies for being debt-free and building an emergency buffer.
- Generating sustainable income from investments for a comfortable life.
- Understanding living annuities vs. life annuities for retirement.
- The feasibility and planning of early retirement at 55.
- Importance of a substantial cash lump sum and investing in unit trusts or ETFs.
- The role of a financial advisor in planning for retirement.
- Tips for a smooth transition into retirement.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram and Romelon Chetty, a quantitative analyst at Prescient, as we explore the world of index investing, from the Dow Jones to the JSE Top 40. We'll delve into how these indices shape market performance and fund management, and the crucial role of discipline and delayed gratification in personal finance. Get ready for insightful revelations that connect the dots between global financial trends and individual decision-making.
Topics/ Questions:
- Exploring the history and impact of index investing.
- Deep dive into indices: From Dow Jones to JSE Top 40 Index.
- Understanding the role of indices in market assessment and fund management.
- Beyond the numbers: Personal finance and decision-making insights.
- The interplay of discipline and regret in financial choices.
- Romelon Chetty's take on the power of delayed gratification in finance.
- Analyzing the South African market and global financial trends.
- Linking financial knowledge with personal discipline strategies.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode of Honest Money, Warren Ingram delves into the often-confusing world of Unit Trust Fees and Administration Costs. Warren clarifies the differences between Total Investment Charge (TIC) and Administration Fees, and their impact on your investments, the merits of using a separate money market account versus an income fund for managing fees, and dissect the various elements of TIC.
Questions/ Topics:
- Demystifying Unit Trust Fees and Administration Costs.
- Understanding Total Investment Charge (TIC) vs. Administration Fees.
- Exploring the impact of fees on your investment journey.
- Debating the benefits of a separate money market account for fee management.
- Introducing income funds as a stable alternative.
- Breaking down the components of TIC, including performance fees.
- The critical role of choosing a good investment administrator.
- Risks of poor administration: tax errors and source charges.
- Considering direct investment in unit trusts and its administrative challenges.
- Practical tips for navigating investment costs effectively.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Tune in as Warren Ingram, Sajjaad Ahmed and Conway Williams from Prescient Investment Management, reveal the intricacies of debt markets and the pivotal role of analysts. Discover the synergy between fixed interest investments and equities, strategies for portfolio diversification, and tips for optimizing returns.
- Delving into the less-publicized yet vast world of debt markets.
- Looking at why debt markets get less media spotlight compared to stock markets.
- Unpacking the critical role of quantitative analysts in mining data for investment signals.
- Deep dive into the significance of debt instruments from governments and corporations in the financial ecosystem.
- Exploring the symbiotic relationship between fixed interest investments and traditional assets like stocks.
- Strategies for portfolio diversification: How fixed interest investments can stabilize your journey to retirement.
- Discussing the advanced tactics of leveraging credit and credit spreads to potentially enhance returns.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram and Reza Ismail, Head of Bonds at Prescient , unravel the complexities of global bond markets and South Africa's fiscal landscape. We'll dissect the country's debt handling post-budget, the challenges facing its bond market, and the broader implications of U.S. monetary policy.
- Analyzing South Africa's debt capacity post-medium-term budget.
- Understanding bonds' role between cash and equity investments.
- Investigating the decline in international interest in South African bonds.
- Challenges in the South African bond market: fiscal deficit and load shedding.
- Impact of U.S. interest rates on global investments and price stability.
- Dissecting South Africa's interim budget and signals for the full-year budget.
- Examining fiscal restraint and economic growth in budget planning.
- Scrutinizing the October and February budgets and the need for spending discipline.
- Consequences of political influence on the Reserve Bank's independence.
- Discussing the importance of independent institutions and strategic policy for economic stability.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's Q&A session, Warren Ingram tackles the pressing issue of debt management, the importance of an emergency fund, the benefits and limitations of money market and 32-day notice accounts, and how a blended approach to saving can offer both security and growth.
- Addressing the stress of debt management.
- Strategies for loan restructuring and debt consolidation.
- The risks of undisciplined spending post-consolidation.
- The potential pitfalls of accumulating more debt.
- Importance of an emergency fund for financial crises.
- Exploring money market accounts as a safety net option.
- The drawbacks of exclusively using a 32-day notice account.
- A blended savings approach: money market and 32-day notice accounts.
- Quick access vs. higher interest rates: finding the balance.
- Practical tips for taking control of your financial future.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Dive into the world of high inflation and interest rates with Warren Ingram and Bastian Teichgreeber, Chief Investment Officer at Pressient Investment Management. Gain insights on potential positive developments in interest rates, the South African economy, and the cruciality of a long-term investment outlook. Don’t miss this episode filled with expert insights for navigating today’s complex economic environment.
Questions/ Topics:
- Navigating high inflation and interest rates.
- Understanding unique economic landscapes across different countries.
- Dissecting the dynamics between structural and cyclical interest rates.
- Deep dive into the US economy and future of interest rates.
- Shifting focus to central banking: debate, criticism, and underestimated inflation.
- Exploring 'soft landing' and its implications for growth asset investors.
- Analyzing future prospects: interest rates, inflation, and the South African economy.
- Benefits for mortgage holders and the importance of a long-term investment outlook.
- Equiping yourself with insights into the complex world of interest rates and the economy.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram offers a deeper understanding of unit trusts, emphasizing their safety, transparency, and the rights of unit holders. We also journey through the South African stockbroker landscape, providing key insights to ensure a confident and informed investment experience in this Q&A.
Questions/ Topics:
- Unraveling the mysteries of investing.
- Deep dive into low-cost brokerage accounts and unit trusts.
- Comprehensive breakdown of unit trusts: safety and regulations.
- Rights of unit holders and transparency with monthly disclosures.
- Exploring the South African stockbroker landscape.
- Key questions to ask before investing in stocks.
- Addressing potential administrative challenges.
- Ensuring comfort and confidence in your investment choices.
- Equipping listeners for a secure investing experience.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram as he deep dives into the transformative world of ESG with Michelle Green, Credit Analyst and ESG Committee Chairman at Prescient Investment Management. Today we unpack the significance of environmental, social, and governance factors in reshaping investment strategies, emphasising its role in responsible investing and the shift from a shareholder-centric model to a holistic stakeholder approach.
Questions/ Topics:
- Revolutionizing investment strategy with ESG.
- Introduction to Michelle Green: Credit analyst and ESG committee chair at Pressient Investment Management.
- Unpacking ESG: What it stands for and its relevance in investing.
- Benefits and prominence of an ESG-focused strategy.
- ESG's role in responsible investing.
- Importance of transparency and consistent information in ESG.
- Navigating global sustainability trends.
- Advantages of considering ESG in investment decisions.
- ESG adoption statistics in South Africa.
- Shift from shareholder-centric to stakeholder approach.
- Reevaluating ESG's role in both investing and company strategies.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram explores the intricate relationship between our emotions and money. From the highs and lows of retail therapy to the adrenaline rush of investing, we uncover the psychological underpinnings that can either propel us forward or hold us back in our financial journey.
Questions/ Topics:
- Emotions and rationality
- More on emotional spending
- The psychology behind retail therapy
- Questions to Ask yourself amidst strong emotions
- Relationships and your relationship with money
- Hype around investing and why to be careful
- Avoiding FOMO when investing
- Short term gain and long term damage
- Robin hood shares and what this means
- Rational emotions vs internal instincts
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites Rupert Hare, Head of Multi-Asset at Prescient, to delve into the debated concept of a BRICS currency, geopolitical significance and challenges to G7 dominance, especially with India and China's rising influence. Discover the potential impacts such a currency could have on the global economic stage and the transformative power of emerging economies on global structures.
Questions/ Topics
- Exploring the global power shifts: spotlight on BRICS.
- Geopolitical implications of the BRICS power bloc.
- BRICS vs. G7 dominance.
- The rising trajectories of India and China within BRICS.
- Delving into the debated concept of a BRICS currency.
- Expert insights from Pression Investment Management.
- Potential and challenges of a unified BRICS currency.
- Impacts on the global economic landscape.
- Understanding emerging economies' influence on global power dynamics.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode we dive deep into the dance between economic trends and investments. Warren Ingram helps us understand the impact of rising interest rates, move beyond sensational headlines, and navigate the volatile investment landscape with wisdom.
Questions/ Topics:
- Unmasking the dance between economic trends and investments.
- Examining the pulse of the economy.
- Understanding rising interest rates and their impact on investments.
- How reserve banks use interest rates to combat inflation.
- Effects of interest rate fluctuations on property, stocks, and bonds.
- Moving beyond sensational headlines to grasp economic fundamentals.
- Strategies for investing during varying interest rate scenarios.
- Navigating the volatile investment landscape with patience and wisdom.
- Staying the course in challenging economic times.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have you ever stopped to consider the power of the South African rand in shaping your financial future? Today Warren Ingram invites Rupert Hare, Head of Multi-Asset at Prescient, to tackle the often unpredictable nature of the rand, exploring how its strength affects our investment decisions and the crucial role it plays when considering offshore exposure.
Questions/ Topics:
- Exploring the Power of the South African Rand
- Insights from Rupert of Pressient Investment Management
- Unpredictable Nature of the Rand and Its Impact on Investments
- The Role of the Rand in Offshore Exposure
- Government Policies and External Factors' Influence on the Rand
- The Unique Challenge of Timing the Rand
- Long-Term Investment Philosophy and Avoiding Market Timing
- The Enduring Equilibrium of the Rand
- Significance of the Rand in Investment Decisions
- Navigating the Complexities of the Rand in Investment
- Join us for an enlightening journey into investing with the Rand on Honest Money podcast.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram and Terence Tobin dive deep into the world of wills in South Africa, demystifying the process and importance for both young and old. From legalities to protecting your inheritance, we cover it all, ensuring you're well-equipped to make informed decisions.
Questions/ Topics:
- What is a Will?
- What makes a will a legal document in South Africa?
- What validates a Will?
- Fees involved with drafting and executing your Will
- The process of wrapping up an estate
- How to nominate someone in your Will
- Considerations when you have children
- How to protect your inheritance
- What is a testamentary trust?
- Why updating your will regularly is crucial
Soaring to New Health: The Glass is Half Healthy
SDOH: why they are important and how they can play a role in more efficient care
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this enlightening episode, Warren Ingram delves deep into the world of debt, breaking down its various forms, the costs associated with it, and the importance of understanding inflation and interest rates. We also touch on the crucial role of discipline in managing and paying off debt.
Questions and topics:
- What are the three kinds of debt and their implications
- The most expensive forms of debt due to interest
- Inflation, interest rates, and debt- how this impacts you
- The art of discipline and paying off debt
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram in his podcast as he explores ethical investing's alignment with personal values. He exposes the drawbacks of ESG-focused hype by investment firms seeking media attention, advocating for a philosophical stance over fleeting trends & more.
Questions/ Topics:
- Caution against investment firms launching ESG products for media hype.
- Emphasize philosophical approach to ethical investing.
- Look beyond trends, consider company's values and practices.
- Beware of "greenwashing" - research genuine ESG commitments.
- ESG index varies in ethical practices - careful evaluation needed.
- Avoid knee-jerk reactions due to "cancel culture" - balance decisions.
- Thorough research essential before investing in any ESG company.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Discover the path to a secure retirement in this episode! Warren Ingram explores smart investment strategies for your golden years, including generating income from your savings. Delve into the choice between living and compulsory annuities, gain insights into effective portfolio management, the pros, and cons of local vs. global markets, and learn why financial discipline is your key to a worry-free retirement.
Topics/ Questions:
- Can you generate income from your retirement savings?
- The difference between a living annuity vs a compulsory annuity
- Effective portfolio management
- How interest rates affect your monthly income
- Local vs global markets
- Why being financially disciplined is key to financial success
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode Warren Ingram invites Seeiso Matlanyane, Head of Equities and Ashleigh Allan, Equity dealer at Prescient Investment Management at Prescient. In this information-packed episode we touch on shares, equity risk, how passive and active investing is the bridge of systematic investing and how this is revolutionising the financial industry.
Questions/ Topics:
- What are shares? What are we buying when we buy shares?
- What is equity risk premium?
- Investing 50-75% of your capital in shares: is this a good idea?
- Bond investments & income tax
- Diversifying your equity portfolio and why it's important
- The management of shares
- What does active & passive investing mean?
- The role of a fund manager
- Opportunity cost & what this means
- What is systematic investing and how does it relate to active & passive investing?
- If you had advice for your 21 year old self, what would it be?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's podcast Warren Ingram invites Steve Van Rooyen, Founder of Digi Dorx & Honest Money partner, to discuss the traps of comparing your financial success to those around you. Warren and Steve also touch on gratification methods, aligning your goals and measuring success.
Questions/ Topics:
- What does financial success mean
- Delayed gratification and how this is linked to your investments
- Short term rewards and why it's important
- Aligning your goals and setting a target
- How we measure success and why not to compare yourself to others
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram and Bastian Teichgreeber, Chief Investment Officer at Prescient, as they explore the history of investing from the 30s to the 90s, the 'Sharp Ratio,' modern portfolio theory, behavioral biases', AI and so much more.
Questions/ Topics:
- Why is the history of investing relevant?
- An overview of what investing looked in from the 30's- 90's
- Risk and return: was it always like this?
- The "Sharp Ratio"
- Modern portfolio theory: The correlation between shares, the risk, return and diversification
- Behavioural biases and how this affects your investments
- Using AI and Big Data: understanding the advanced technologies and open source formulas
- Why you need an investment philosophy
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram & Yolande Botha, Head of Wealth Management at Galileo Capital, speak about investing globally, the considerations to keep in mind if you're wanting to emigrate, how to build 3rd generational wealth locally and globally as well as how to navigate the exchange rates without making an emotional decision.
Questions/ Topics:
- How should i split my investments between local vs globally
- Should i invest locally if i'm planning to emigrate
- What is a balanced Unit Trust
- Investing for generational wealth in South Africa and globally
- Diversification and time horizons- why is this key to know
- What a 3 generation wealth mindset is
- Investing offshore and how to navigate these markets
- How to phase your investments according to the exchange rates
- How emotional decision making can impact your returns
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we invite André Bothma to speak about a tweet that went viral. Warren Ingram and André share advice on tips when buying a secondhand car, things to consider and the financial considerations and tips on making sure you get the most bang for your buck!
Topics/ Questions:
- SARS and automation- has SARS gotten better or worse over the last few years?
- The secondhand car tweet that went viral - how did this happen?
- Useful tips when shopping for a secondhand car
- DEKRA reports & why it's important to get
- Why milage & year is important
- After market parts: what this means and why to take this into consideration
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram hosts Henk Kotze, Head of Cash & Income at Prescient, as they delve into the global impact of inflation and interest rate hikes. They discuss the significance of the American Federal Services, explore how global interest rates affect the world, and provide valuable guidance for investors on the current and upcoming interest rates in South Africa.
Questions/ Topics:
- How global hikes in inflation and interest rates affect the rest of the world
- What is "Shelter", why is that important and how is it linked to the American Federal Services?
- American interest rates: What would you have earned over the last 10 years?
- How the American Federal Services read and publish the data & how COVID made it's impact
- What are the interest rates in South Africa and what can we expect in the upcoming months?
- Expected inflation rates and why it effects the South African economy
- What are the next steps investors should make
- If you had to meet your younger self, what would be the lesson you'd like to teach yourself
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this podcast, Warren Ingram & Yolande Botha, Head of Wealth Management at Galileo Capital, delve into the world of investing and uncover the top tips and common pitfalls that wealthy individuals encounter. Explore how emotional reactions can impact your financial decisions and learn invaluable strategies to maintain a positive perception in the face of market fluctuations.
Topics/ Questions:
- What is the biggest mistake people make with investing?
- How emotional mistakes can impact your investing strategy
- Why a pragmatic perception is important for your pocket
- Volatility vs fear
- The importance of a financial mentor
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites repeat guest, Rory Brachner, Founder & MD at DoshGuide speak about the world of financial planning through technology. Learn how DoshGuide can help you reach financial freedom through planning a framework, understanding your goals and being transparent- advice without the fluff.
Questions/ Topics:
- What does the financial advice process look like, where do you start?
- The framework of financial planning
- The importance of research & discovery
- What does holistic financial planning mean?
- Why transparency is key
Leaders at Play
Helping leaders strengthen creativity, humor, and quick-thinking skills in a fun way
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we speak about how data can be used to leverage investing success based on research and machine learning. Warren Ingram and Shriya Roy, Quantitative Analyst at Prescient, speak more about dirty data, how it's being used in banking & investing as well as various ways to use clean data.
Questions/ Topics:
- Is all data good?
- What is a single source of truth in terms of data?
- What is the relationship between data & business?
- How is data being used in the different industries, FMCG and ITC?
- The next Industrial Revolution & Big Data
- How are investors using data to make money?
- What is a "systematic house" approach in investing?
- Different ways or using data
- The relationship between clean data and dirty data
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we speak about a controversial topic with Warren Ingram & Finance Ghost: The Dark Side of Hype ETFs: Risks and Pitfalls in a Social Media-Driven Market. Warren and Finance Ghost speak on the dangers of blindly following influencers, how consistency over hype gives better results, and how to look out for the quality of the information you get.
Topics/ Questions:
1. Influencers and their role in hiking up ETFs
2. Purposefully building a controversial following & the impact on investing
3. Consistency vs hype
4. Financial analysis and why to take it in your stride
5. Navigating free advice and finding the quality in the information you receive
6. Tips on how to navigate social media hype
The Physician Syndicate: Angel Investing | Venture Capital | Startups | Personal Finance
The Physician Syndicate Podcast: A podcast for physicians to jump into the startup world.
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites Prescient, Business Development Manager, Gabriel Botha to discuss how young investors can get on top of inflation and how the time value of money affects your return on investment.
Questions/ Topics:
- How inflation plays a role in your investments
- How the time value of money plays an important role in your return on investments
- Opportunity costs and what this means
- Risk vs time horizon vs reward: why it's important to focus on all 3 with a goal in mind
- Long-term vs short-term investing
- Credit and debt management: How this will affect your financial goals
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram takes the stage to delve into the fascinating world of how the wealthy invest their money. Drawing from his years of experience, Warren shares valuable insights, tips, and tricks on harnessing the power of time horizon, portfolio diversification, and exotic investing. Join us as we explore how these strategies can transform your wealth into generational wealth.
Questions/ Topics:
- The 2 types of wealthy people
- How time horizon is an important part of their investing strategies
- Understanding asset diversification
- How "excesses wealth" works such as gold investments
- What exotic investments are
- Local vs International investment allocations
- Avoiding influencers & FOMO
Learn more on how the wealthy invest their money in Warren's blog- How Do the Wealthy Invest Their Money
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode, Warren Ingram shares his top tips for financial freedom and guides listeners through the essential steps to achieve it. From setting clear goals and settling debt, Warren empowers listeners to take control of their finances and cultivate a mindset for long-term wealth building in this easy step-by-step podcast!
Questions/ Topics:
- What's the difference between retirement planning & financial freedom?
- What is financial freedom?
- The steps to financial freedom
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we speak about data science and how it's impacting the financial industry. Warren Ingram and Zubair Patel, Co-Head of Data Science & Quantitative Analytics at Prescient, run through how data science is being incorporated into investing, how this affects asset managers and financial planners, the different layers of AI and more.
Questions/ Topics:
- What is data science?
- How it helps consumers in retail
- The value-add in data science
- How does data science work in investments
- Data science vs asset managers; how would this work?
- The layers of artificial intelligence
- What does data science look like for investors and financial planners?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode, Warren Ingram talks to Tamara Dalhuijsen about simple budgeting tips, the importance of the psychology behind your spending habits, and advice on how to work out your monthly retirement contributions with the increase in life expectancy.
Topics/ Questions:
- Understanding the psychology behind your spending habits
- Budgeting tips and trades
- How your values are tied to financial freedom
- Doing research on groceries and other spending habits
- How upskilling can assist with financial gain
- How to work out your monthly retirement contributions
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Join Warren Ingram and Rupert Hare, CFA, CAIA, Head of Multi-Asset at Prescient, as we delve into the difference between active and index/ passive funds, asset managers and the best performance strategy for each.
Questions/ Topics:
- What is asset management?
- What are active funds?
- What are passive funds?
- What does "Alpha" profiling mean?
- Why is it important to know the difference?
- Choosing your options and the perks of each?
- Active managers: How active are they really?
- How much equities/ bonds do you get after fees?
- What are the current asset management fees: local vs global
- What time horizon and what would make the fees worth it?
- Can you mix active and passive funds?
David C Barnett Small Business and Deal Making M&A SMB
I discuss buying, selling, financing and managing small and medium sized businesses...
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode, Warren Ingram invites guest speaker, Steven Van Rooyen, to discuss the ins and out's of investing for your baby's future. Warren and Steve talk about investing strategies, things to prepare for, and events to plan ahead for like university, relocation costs, birthday presents, and more.
Topics/ Questions:
- I have a 6-week-old, should i start investing on her behalf?
- What investments should they be?
- Should we be sending money overseas?
- Do's and don'ts for investing for your children
- Tax and underage investments
- Final tips & advice
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram speaks to Cheree Dyers, the CEO at Prescient, about how data-driven investing is the way of the future. Learn how the financial industry is using big data to improve returns and reduce risk ensuring smart decision-making and culture-building.
Topics/ Questions:
- The benefits of data-driven strategies for improving returns and reducing risk
- The importance of upskilling your team in data analysis and programming
- Building a data-driven culture within the organizations
- How big data is transforming risk management in finance
- Balancing data-driven analysis with qualitative factors such as market trends and geopolitical risks
- The role of artificial intelligence in supporting rational decision-making processes and reducing bias
- Building your business models for the future
- Prescient transparency and the eco-system
- Asset managers of the future and what this looks like
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's podcast, Warren Ingram invites Mapalo Makhu to speak about financial literacy for children and how you can cultivate a positive money mindset in your children, regardless of age.
Questions/ Topics:
- Ways to speak about money that makes sense to your children
- How to teach about saving
- Ways to encourage money management
- The art of patience
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this week's episode, Warren Ingram answers your questions about ETFs, whether it's better to withdraw your dividends or reinvest, as well as questions about tax savings on RA/ pension funds if you immigrate.
Questions/ Topics:
- My question is about ETFs that payout dividends versus ETFs that reinvest the dividends. Can you please discuss the pros and the cons of each if faced between two ETFs, let's take the MSCI World distributing or the MSCI world accumulating which one is better? And should the decision of which one you select be influenced by perhaps your age, is it suitable for youngsters or more suitable for retired/ unemployed people who want a regular income?
- My question is regarding tax on one's RA/ pension upon immigration versus the tax savings that one gets from SARS for contributing to your RA/ pension. Is it fair to say that the tax that you pay when you immigrate is equivalent to the tax savings you have enjoyed from SARS? Or is the tax on immigration greater than the savings you've enjoyed from SARS for contributing to regulation 28? Or is the reverse true, do you actually save more by contributing to RA/ pension?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram invites Bastian Teichgreeber, Chief Investment Officer at Prescient, to discuss how the global interest rate and inflation increase affects the international and South African market.
- Inflation and interest rates are interconnected and significantly impact the economy.
- Inflation rates have been rising globally due to supply chain disruptions and increased demand.
- Central banks raise interest rates in response to inflation, which can affect borrowing costs and investment decisions.
- Bond prices and yields are affected by changes in interest rates, which can impact bond markets and investors.
- Stock market valuations can be affected by inflation and interest rates.
- Global economic developments, such as US interest rate policy, China's economic policies, and geopolitical events, can impact inflation rates.
- South Africa's economy is vulnerable to global economic trends, and the South African Reserve Bank's policy decisions can impact the country's inflation and interest rates.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
This podcast episode delves into the topic of technology in finance, exploring its growing usage and impact on the industry. Warren Ingram covers Robo advisors, financial literacy tools, and privacy concerns with guest speaker Money Marx, Pieter de Villers.
Topic/ Questions:
- Exploration of the intersection of AI and finance, discussing the latest trends and developments in the field
- Statistics around the usage of AI in finance, highlighting the increasing adoption of this technology across the industry
- ChatGPT & how AI is transforming the finance sector
- The role of Robo advisors within fintech companies, and how they are changing the landscape of financial services
- We also explore how AI tools and recommendations are helping to improve financial literacy, making it easier for people to manage their money and make informed decisions
- The relationship between financial planners and Robo advisors, examining the ways in which these two types of professionals can work
- Privacy concerns around the collection of data, and the potential risks associated with web 3.0 and cyber security threats
- How financial literacy can help people protect themselves from fraud
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram and Reza Ismail, Head of Bonds at Prescient, discuss the South African Budget Speech 2023/2024. They touch on inflation, tax rebates, the analysis of small emerging markets, energy crisis rebates, tax buoyancy, risk aversion, and what this all means for the South African taxpayer & business owners.
Questions/ Topics:
- Introduction to the South African Budget Speech 2023/2024
- Explanation of Aggregate Demand and how it impacts the South African economy
- Overview of GDP growth in South Africa and what the projected numbers are for the coming year
- Discussion of inflation and how it affects the purchasing power of South African citizens
- Analysis of how small emerging markets like South Africa are affected by volatility and risk aversion in the global economy
- Explanation of what the Medium-Term Budget Policy Statement is and its significance in relation to the Budget Speech
- Examination of tax buoyancy and what it means for South African taxpayers
- Discussion of tax rebates in relation to the current energy crisis in South Africa and how they may help alleviate some of the financial burden on citizens and businesses
- Explanation of any changes to tax rates that were announced in the Budget Speech
- Analysis of how corruption and mismanagement have impacted South Africa's economy and what measures are being taken to address these issues
- Final thoughts on the Budget Speech 2023/2024 and its implications for the future of South Africa's economy
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we invite the wonderful Nozi Van Heerden to speak more on Investing Strategies for Millennials. Warren Ingram & Nozi Van Heerden speak about the emotional commitment to investing and saving, finding a finance buddy and other tips on how to reach your financial goals.
Questions/ Topics:
- What are some common investing mistakes that millennials should avoid, and how can they mitigate those risks?
- How can millennials balance investing for their long-term goals, such as retirement, with their shorter-term goals, such as saving for a down payment on a house or paying off student loans?
- What are some of the best investment vehicles for millennials, such as index funds?
- What role should financial advisors play in a millennial's investment strategy, and how can millennials find a trustworthy and effective advisor?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram invites Gabriel Botha, Business Development Manager at Prescient, to discuss the complex details of Tax-Free Savings Accounts and how they can benefit you from tax rebates, dividends, the limitations, and how TFSA & pension fund withdrawals work.
Questions/ Topics:
- Tax-Free Savings Accounts (TFSAs) & what they offer
- TFSA withdrawals
- TFSA contributions
- TFSA investments: dividend-paying stocks and money market accounts.
- Limitations within TFSAs: annual contribution limits and restrictions on certain types of investments.
- Combining TFSAs and RRSPs: more on retirement investing.
- How interest rates can affect the returns of TFSA investments
- TSFA investing strategies/ suggestions
- Overall benefits of a TFSA
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this episode, Warren Ingram delves into the topic of portfolio diversification and how it can help you achieve financial stability and growth through a Q&A on based on EU Investing. Warren explains the importance of balancing local and overseas investments to take advantage of diverse market trends, tax implications, Will considerations, and the role of SICAV implementations in portfolio diversification.
Topics/ Questions:
- Importance of splitting assets locally and overseas
- Explanation of European investments vs global equity
- Benefits of investing in multiple global markets
- Consideration of currency exchange and its impact on investments
- Consideration of tax implications
- Overview of investing in Switzerland, Ireland, Luxembourg, and the Channel Islands
- Explanation of recognition of a South African Will
- SICAV Implementations
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode Warren Ingram and Conway Williams, Head Of Credit at Prescient, speak about the social and environmental impact of investing. Find out how your investments can impact the economy, encourage sustainability, create jobs, and help small businesses in the market.
Questions/ Topics:
- How investment managers and fund managers can impact the world
- Trends investors may not always consider
- How buying shares or a particular index can help create jobs, put new energy into the world, change the way companies treat their staff, and how governments run businesses
- Eskom and the financial impact of powercuts
- SMEs and building a conscious investment portfolio
Side Hustle Review
The podcast where we learn about all types of side hustles to start making you money today
Listen on: Apple Podcasts Spotify
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's podcast, Warren Ingram will be discussing his outlook and giving advice on a 2023 financial forecast including interest rates, inflation rates, and the connection between them. We will also be discussing the things that can and cannot be controlled in your 2023 finances, as well as top tips on debt repayments, investment choices, and how to look at your budgeting.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Welcome to the 2022 Financial Review podcast, where we take a look back at the past year and explore the major disruptions that have impacted our financial landscape. From political unrest to the ongoing COVID-19 pandemic, we'll examine how these events have affected the stock markets, repo rates, and fuel prices. We'll also discuss the implications for the upcoming year and provide tips for navigating the uncertain economic climate in 2023.
Join Warren Ingram and Rupert Hare, CFA, CAIA, Head of Multi-Asset at Prescient, as we delve into the major financial events of 2022 and explore what they mean for you and your money.
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today is our last episode of 2022 and it's all about interest rates. Today Warren Ingram invites Investment Specialist, Natalie Anderson CFA, from Prescient to discuss the pros and cons of inflation and rising interest rates in South Africa.
Topics/ Questions:
- Looking at inflation globally & locally. Why does it increase and what are the contributing factors?
- Inflation vs purchasing power
- Inflation & the Reserve Bank
- How does increasing interest rates reduce inflation?
- Sectors affected
- How inflation can positively impact consumers?
- Rising rates + equity investments
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram answers your questions on the S&P500 vs MSCI World Index ETFs and whether selling property, investing the money, and renting until your goal amount is achieved is the best way to reach financial freedom.
Topics/ Questions:
- My question is about whether it's best to invest in an ETF like the S&P500 or the MSCI World. I’ve heard some people say the S&P500 is a good ETF to have but i know the MSCI world is more diverse and has most of the companies listed in the S&P500. Should I invest in one of them or both of them?
- I have paid off my house and I’d like to sell it as it no longer suits my needs. My plan is to sell the house and invest the money whilst I rent for the next 5-7years until I’ve made enough to pay off the new house. Is this a good idea or should I get a bond for the difference and buy the house from the start?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we welcome Michelle Green, Credit Analyst at Prescient and ESG Committee Chair Member to discuss conscious investing. Warren Ingram and Michelle discuss more on ESG investing, what does it mean, what is capital gain like, and why the rate of change is important.
Questions/ Topics:
- What is ESG?
- Knowing more about the ethics behind investing in ESG markets
- Does ESG come at the cost of capital growth?
- How does a committee in ESG work?
- Why the rate of change is important to look at
- What should our listeners know about ESG?
- If you had advice for your younger self, what would it be
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we speak about property! Warren Ingram and Frugal Local, a regular show guest, discuss buying property as an investment, what are the considerations to keep in mind, and tips on how to budget and lower your fees.
Topics/ Questions:
- What is your insights on owning property as an investment?
- What’s the right way to go about buying a property?
- Tips and lessons learned before buying property
- The importance of having a “buying buddy”
- What are the fees & the process involved in buying a property?
- The interest calculated over your time horizon
- Buying with consideration
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
It’s that time of year, saving is on all of our minds! Warren Ingram answers your questions about long-term and short-term investments as well as working out your saving percentage pre/post tax.
Topics/ Questions:
- My mom inherited some money but she doesn’t need to use it at the moment, she wants to invest or save it but she doesn’t want to take on too much risk. What investment should she invest in that will offer her better returns than a savings account but is low risk? I’ve also been looking at savings and many sites give you a percentage to save of your salary, is this before or after tax?
- I have a question about short-term saving goals (2-3yrs), where would you recommend I invest? Would it be a unit trust, a balanced fund, or an ETF?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites the wonderful Gugulethu Mfuphi to discuss her experience in media, financial lessons learned and how educating yourself can impact your future during unpredictable times.
Topics/ Questions:
- What is a conversation strategist?
- You’ve had so much exposure in the media, what have you observed about people that are financially successful?
- Creating wealth: what does it take?
- Unpredictable income: how does this impact entrepreneurs & people in the media space
- Asset catch-up: what is this?
- Second & third generation: cumulative wealth
- Gugu’s career history & lessons learned
- Unpredictability & planning for it
- If you had advice for your younger self, what would it be?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we invite Ray Mhere from Prescient back on the show to discuss and answer your questions. Warren Ingram and Ray speak about the difference between ETFs and Shares, which one is best to invest in, and how to accurately read return charts on your favorite investment apps.
- I have a question about ETFs and shares, what is the difference and how do they work? How do I read the stock graphs, there are usually 1-month, 3 months, 6 months, and 1-year return graphs. Which one should I be looking at and which one should I be investing in?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we invite Ray Mhere from Prescient back on the show to discuss and answer your questions. In this action-packed podcast, Warren Ingram and Ray Mhere speak about investing in holding companies vs investing in individual companies. How is this setup, and which one is the best to invest in?
Questions/ Topics:
- My question is about investing in a holding company vs investing in an individual company. What is the difference, how is this setup and which one should i invest in?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s episode, Warren Ingram invites The Finance Ghost back on the show to discuss vehicle financing in terms of balloon payments and how you can own great cars, cheaply! Warren and The Finance Ghost give tips on buying cars and touch base on local vs international investments.
Questions/ Topics:
- What are balloon payments & how does it work?
- How to bring your monthly payments down on vehicle finance
- What is second-gross and how do dealerships use this to their advantage?
- What is an access bond?
- The importance of making car decisions with your partner
- Tips on how to drive a great car, cheaply.
- Mastering the discipline of servicing your car regularly
- Tips before buying a car
- Local vs international investments & transaction costs
- The US Market: The Rand vs the Dollar
- How do economic events affect the Rand vs Dollar vs Pound
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we welcome back Rupert Hare, Co-Head of Multi-Asset at Prescient, to discuss the different kinds of investments available. Warren Ingram & Rupert speak about traditional investing methods, blending shares, questions to ask yourself before investing, multi-asset investments, and more.
Questions/ Topics:
1. Traditional investing vs equities vs multi-asset investments: what is this and how would it help me?
2. Blending shares
3. Questions to ask yourself before investing
4. Wins as an individual investor
5. Tax exemptions & tax tips on investments
6. Multi-asset investments: what investment opportunities are included in this?
7. Medium equity funds
8. What does averaging in and averaging out an investment mean?
9. The secret to investing
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s podcast, Warren Ingram was invited to do a Q&A with the UCT investment society and give tips on how to begin their journey to financial freedom. In this Q&A episode, Warren speaks to steps on achieving financial freedom, how to decide which shares are right for you, property investments, TFSA’s, ETFs, and more.
Questions/ Topics:
- What is financial freedom?
- Step 1: What does being debt-free mean?
- Step 2: Setting up an emergency fund
- Step 3: Building up your investment assets
- Shares & how to make the right decision
- Cash as an investment: Inflation vs interest
- Property as an investment
- More on Tax-Free Savings Accounts
- Bad debt vs “good” debt
- What percentage should you save of your salary to achieve financial freedom
- How to structure your investment portfolio & asset allocation
- Bonds vs Investments: Which one is better?
- Beating the market: What does this mean and how can i do this?
- What’s Warren’s preferred ETF
- More on the S&P 500
- Are there any investment books and podcasts you can recommend?
- Can I still invest with a small amount of money?
- What is a feeder fund and how does it work?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, Warren Ingram invites Odwa Sihlobo, Co-Head of Multi-Asset at Prescient Investment Management, to discuss inflation. How does it work, how will it affect you personally, and how can you beat inflation using various investment opportunities.
Questions/ Topics:
- What is inflation?
- How is inflation calculated?
- What is the impact of inflation?
- How budgeting can help you track inflation?
- How can we mitigate inflation over the next few years?
- What is a notice deposit, and how can it help?
- What is a fixed deposit account?
- Risk conservative investment options
- Multi-asset & equities funds and time horizons
- Tax on your investments in terms of interest
- Investing in shares and balanced funds
- The marriage of risk and growth
- Bond investments
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In this week's episode, Warren Ingram answers your questions about ETFs that pay out dividends vs ETFs that reinvest, what are the pros and cons of each? Warren also talks about tax payouts on your RA when emigrating, and what the end savings vs fees would be.
Questions/ Topics:
- What are the pros and cons of ETFs that pay out dividends versus ETFs that reinvest the dividends? Should the decision of the two be based on the investment, your age or your financial status?
- My question is about tax fees on your RA or pension fund when emigrating versus the tax savings you get from SARS for contributing to your RA. Is it fair to say the tax you pay on your RA when emigrating is the equivalent to the tax savings benefits from SARS, or is the tax on emigrating greater than what you would save over the years? How does this work?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites Ray Mhere back on the show to discuss the importance of fees in investing. What is the average range an investment manager should charge, hidden fees, performance-based fees, and the difference between international vs local fees?
Questions/ Topics:
- Understanding how fees work and impact your investment over time
- The importance of calculating fees in monetary value
- What is a fair fee and what should I know about upfront fees?
- Hidden fees and what to look out for
- What is an administration platform and how does this impact your fees
- The average investment management fees
- Calculating what your interest should be to cover inflation and fees
- Performance-based fees
- International fees vs local fees
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram answers your questions about pension funds and what the best way forward is for a Living Annuity vs a Guaranteed Annuity. Warren also touches on investing, is it better than a savings account in terms of fixed interest or should you be watching your investments and withdrawing your money as soon as it’s on the increase?
Questions/ Topics:
- Advice for pensioners, I would like to know how much i should allocate towards equities, would 100 minus your age be a good equity allocation and the rest in bond? Also, what percentage of equity allocation should be in foreign currency assuming a large portion of bonds is local? Furthermore, the current volatile markets highlight the need to not have all my income in a living annuity, but invest in a guaranteed annuity, given the current high CPI would it be best to wait for markets to improve and hopefully the CPI decreases?
- I’ve recently opened up an Easy Equities account and I've seen my investments increase here and there. How does this work versus a savings account as we get a fixed investment on a normal savings account? Should I be watching my investments and taking my money out when it’s on an increase?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram invites Rupert Hare, Co-Head of Multi-Asset at Prescient, to discuss the benefits of investing offshore, portfolio diversification, timing, currency, and interest rates.
Questions/ Topics:
- If I'm sitting in South Africa, why would I want to send money offshore?
- Do I get to invest in international companies like Microsoft?
- What does "yielding" currency mean?
- International interest rates vs South African interest rates
- What are some of the reasons why you would want to go offshore?
- Is there an ideal percentage I should be putting into my offshore investments?
- Timing and currency: What is a rule of thumb for this?
- What does "average in" mean?
- Final advice around offshore investments
- What would you teach yourself if you were to meet the younger you?
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, Warren Ingram answers your questions about investing abroad. What is the recommended lump sum to put into global investments and how to get your money abroad and safely invested until you’re ready to relocate?
- Currently I'm invested in a feeder fund in my Easy Equities ZAR account, with the volatility of the USD, Euro, and GBP, do you have a recommendation of what lump sum I should put in each account, or do you recommend I keep it in my ZAR investment?
- How can I safely move my money overseas? I want to move to Europe in the next 5 years, I would like to move my money over in the meantime. I'm concerned the longer my money stays here, the more the Rand depreciates. I would love some advice on low-risk ways of getting my money overseas until I get there.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
We invite Ray Mhere from Prescient back on the show to discuss the ins and outs of investment management. In this action-packed podcast, Warren Ingram and Ray Mhere speak about market timing, behaviour gaps, the 5 investment strategy studies, and emotional decision-making.
Questions/ Topics:
- What is “Market Timing” & is it an investment strategy we can implement on a reliable basis?
- Who is Brinson, Hood, and Beebower & what did they discover?
- What is the “Behaviour Gap”?
- The 5 investment strategies and what they found
- Market return and the best days in stock market history
- Emotional decision-making in volatile markets
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
Today Warren Ingram speaks to the author of "You’re Not Broke, You’re Pre-Rich", Mapalo Makhu on her take on finance. Today Warren & Mapalo touch on the psychology of money, “Black Tax” and how to manage family expectations, and the 7 habits that keep you broke.
Questions/ Topics:
- The psychology around money
- “Black Tax” & how to manage family expectations
- 7 habits that make you broke
- If you could give your younger self advice, what would it be?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
Disclaimer: Guests of Honest Money are not sponsored by Prescient.
Today Warren Ingram invites Ray Mhere, Retail Business Head for Prescient to discuss the importance of asset allocation. Warren and Ray touch on goals, time horizons, risk tolerance, global investments, and more advice on how to reach financial freedom.
Questions/ Topics:
- Why is asset allocation important
- How goals and time horizon affect your returns
- What is risk tolerance and can you handle the emotional rollercoaster
- How does asset allocation help with risk tolerance?
- Why you should combine cash and share investments in your portfolio
- Unit trusts and balance funds
- Asset allocations outsourced locally, global and offshore
- Building up a global portfolio using a fund manager/ investor
- Tips on investing in shares
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat at (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
Today Warren Ingram speaks to Director & Financial Advisor, Yolande Botha on how to stay invested in your financial investment journey. Warren and Yolande touch on when to change your investments, decisions on market timing, why asset mix is important, and why having a balanced mandate works.
Questions/ Topics:
- What is your experience in dealing with investors in these recent volatile markets due to COVID and recent recessions?
- Should you withdraw investments when markets are down?
- What are the 3 decisions to make when speaking about market timing?
- What to do when your investments are declining?
- What were the top and worst days in the market?
- What is asset mix and what should investors focus on and ignore?
- Are short-term or long-term investments better for optimum growth?
- Why a balanced mandate is important
- Pension funds: The asset mix growth allocation
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
In today’s episode, Warren Ingram invites well-known financial guru, Maya Fisher-French to discuss interest rate basics. Warren and Maya speak about how interest rates work, repo rates, prime interest, fixed vs Flexi interest rates, and more on how the banks incorporate interest rates in your loans, credit cards, and other debts.
Questions/ Topics:
- When we talk about interest rates, what does this mean?
- When inflation goes up, what does this mean?
- What is a Repo-Rate?
- What does Prime Interest Rate mean?
- How do repo rates and interest rates link?
- Are there caps on the rate a bank can charge you on personal loans/ credit cards etc?
- What does an “informal market” mean?
- How does an increase in interest rates through the banks work?
- Do I keep my interest rates flexible or should I keep it fixed?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Please note: Our WhatsApp number has changed to (+27)79 807 8162
Today Warren Ingram speaks to Rory Brachner, owner and founder of DoshGuide. Warren and Rory speak about how DoshGuide is changing the financial advisory space through a flat fee app allowing users to explore various financial advisory portfolios that link with their needs.
Questions/ Topics:
- What is Dosh Guide?
- How does financial planning work in terms of fees?
- Upfront commission advisors vs flat fee advisory services
- How do subscription models work?
- How does Dosh Guide work with having various financial planners on the platform?
- Taking action on implementation of the financial plan put in place for users
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram answers your questions, in today’s episode he touches on preservation funds when getting a payout and choosing between an RA or a TSFA to invest in.
Questions/ Topics:
- I'm about to receive a divorce payout, I'm planning on moving it to a preservation fund and draw out one bulk amount. I have a child that needs education and I need to buy a small car. What would you suggest in terms of preservation funds, is there one you can recommend or is there another solution?
- I only have a limited budget, between an RA and TFSA, which one should I prioritize my investments in? Which one gives a better tax benefit in the long run?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram answers your questions about how to choose the right ETF for you, how they work, and how are they calculated, is it based on a percentage mass formula or mathematical models? Listen for more.
Questions/ Topics:
- How would I find research & resources on companies I want to invest in? Secondly, could you please give us more information on how ETFs work, is it limited to a list of companies we need to invest in and use % mass formulas, or are there different mathematical models to work out the performance of these ETFs? Do you have any advice on how to choose?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram answers your questions about investing in gold, and what the difference is between gold ETFs, shares, and physical gold bars.
Questions/ Topics:
- I want to understand more about gold. Physical gold, gold shares, and gold ETFs, which one is best to buy, and what is the difference between them?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Buying a property is a big investment and something that requires a lot of research. In today’s episode, Warren Ingram speaks to guest speaker, Molatelo, on tips for first-time homeowners. They cover topics around being a homeowner, the things to look out for, the importance of maintenance, property inspectors, and more.
Questions/ Topics:
- What do you need to consider before buying a property?
- The concept of due diligence
- Do you need an emergency fund for your house?
- The importance of knowing the history of your property in terms of structural and cosmetic additions
- What does HOA mean?
- Importance of maintenance plans within a sectional title
- Who pays for a property inspector and what do they do?
- If you had advice for your younger self, what would it be?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram meets with Higgo van Biljon from FinMeUp to discuss how financial literacy is fundamental to everyone's financial growth. Warren and Higgo also speak about how FinMeUp can help the community and how Honest Money will be getting involved.
Topics/ Questions:
- What is FinMeUp?
- When you say “curated content”, what does this mean and how do you know it’s a trusted source?
- What does a “mentor” mean on your app?
- How does Honest Money fit with this app?
- What are some of the features that gained traction within the community through this app?
- The importance of financial literacy
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, we welcome back one of our very first guests, The Finance Ghost. Warren and The Finance Ghost speak about active, and passive investing and why it's good to dabble in both. They also touch base on single stock portfolio diversification, rebalancing, the psychology behind risk trading and give great tips and insights on how to maximize on your returns.
Questions/ Topics:
- What does active investing mean?
- What does passive investing/ index-tracking mean?
- Should you do one or the other, or both?
- Where should I need to open a brokerage account?
- If I want to start ETF investing, how would I go about it?
- What is broad market exposure?
- MSCI World Index vs All Country World Index
- Single stock portfolios and rebalancing through portfolio managers
- Best guidelines for individual share investing
- Rebalancing tips
- Portfolio diversification
- The psychology around risk trading
- Time horizons and buying in stock drop
- The Finance Ghosts' final advice
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s episode, Warren Ingram speaks to Ess Mukumbo on how to save on your monthly costs, starting with a one-car household. Warren and Es discuss the pros and cons of owning one car per family and other top tips to make your Rand stretch further.
Questions/ Topics:
- Why Ess decided to have one car in her household
- How does one car per household save costs?
- What are the pros vs cons of having one car?
- With petrol & food increases, what other means of household savings can you recommend?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, Warren Ingram answers your questions around investing offshore, more on RSA retail bonds, investing on credit, and touches on the importance (& the difference) between life cover, income policies, funeral cover, and disability cover.
Topics/ Questions:
- What would you do with a large lump sum if you want the money to do offshore? Do you wait till the exchange rate drops? And what do you think of the RSA retail bonds at 9.75% guaranteed for 5 years?
- I have access to money on credit with a 17% interest rate after 62 days. I don’t have debt and I’ve just retired, I’d like to use R20,000- R30,0000 to invest in shares on the Easy Equities platform, what are your ideas and suggestions?
- I see a lot of talk of retirement and investing. Should I take life cover, funeral cover, or both? I’ve also seen disability cover, please can you help.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s episode Warren Ingram speaks to one of our listeners who is working at a supermarket earning minimum wage and would like advice on reaching financial freedom through a different career path. Warren gives advice around intentful career choices, how to combine passion and money, the steps to financial freedom and more.
Questions/ Topics:
- I'm working at a local supermarket and earning minimum wage, I did some calculations on my budget, it would take a long time for me to achieve my financial freedom goals. It seems I would need to attain a degree to get a higher salary, I'm not sure where to go from here. How do I choose a career path?
- Finding the balance between a career choice based on passion/meaning vs salary expectations and reaching financial freedom.
- How to reach financial freedom and why looking at expendable income is better than looking at someones total salary earnings.
- Only 2% of people that start their financial journey have no debt and an emergency fund saved up. Is this the right path to start on?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram answers your questions about life policies and the benefits in terms of monthly installments, interest rates, and whether it’s better to contribute to an RA instead. Warren also explains how compound interest works in investments like the Satrix Top 40.
Questions/ Topics:
- My dad is 57yrs old and has a costly life insurance policy which he contributes to monthly (13% of his net income) with a monthly contribution increase of 12% p.a. The policy lumpsum payout only gains 3-4% interest p.a. Does my dad still need this life policy, my thinking would be to stop this life policy and invest the same amount monthly into his R.A so he gets a greater tax deduction and higher interest p.a?
- How does compound interest work with shares? With Satrix Top 40 you’re not earning interest but you’re earning growth so how does compound interest work with that type of thing?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram answers your questions about local vs international feeder funds for beginners, the difference between individual shares vs index investing, and the growth rate.
Questions/ Topics:
- I'm new to investing & looking to invest in ETFs but I've been advised to avoid feeder funds because they eat into your profits over time. However, after doing research I've learned that investing directly in the US denominated ETF is going to cost more as there are tax implications to investing offshore than the Rand feeder funds. What is your take on this and when is the right time to swap over to international feeder fund investing?
- What do you think of SA bluechip companies compared to ETFs such as S&P 500 or MSCI and what do you think the growth rate will be over 10years?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today's episode we speak to research scientist, Sarisha Perumal, who wants to learn more about ethical investing. Warren Ingram speaks about ESG within the investing sector, Index Providers that offer ESG investments, the effects of war on energy independence & climate change and how it will affect future investing opportunities.
Questions/ Topics:
- I want to invest my money in company and organizations that don’t contribute to air pollution and climate change. What kinds of investments would these be?
- What is ESG & how does it play within the investing field?
- Index Providers that offer ESG investments
- The affects or war on energy independence and the use of fossil fuels across Europe
- How do you anticipate the impact of climate change on our investments?
- How do you see the investment landscape changing with economic framework changes?
- The automotive industry and climate changes
- Renewable funding opportunities
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTubechannel for more Financial Freedom content: @HonestMoneyPod
For more about our Privacy Policy, see here.
Today Warren Ingram speaks to Craig Isaacson from unlimited solar to see how you can cut down your monthly electricity/ water costs using solar solutions. Warren and Craig also touch base on small changes you can make around the house to save money, what does Grid-Tied Solar Solutions mean, what the lifetime of solar setups is & more.
Topics/ Questions:
- Is spending money on solar as a homeowner a good investment?
- Where would my money be best spent, on a solar geyser or solar panels?
- Tips on ways to cut down your geyser costs
- What is a Grid-Tied Solar Solution?
- Is there a financial difference between “living off-grid” vs people that use a hybrid solar-power solution?
- Savings tips for people living in apartment blocks
- What is a low-flow shower rose and how would that make a difference?
- Loadshedding: What is a feasible solution for people living in complexes
- What is the lifetime of solar panels and how often do these need to be maintained?
- What's the one piece of advice you could give regarding solar savings?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
For more about our Privacy Policy, see here.
Today Warren Ingram answers your questions on how to turn your inheritance into generational wealth using global ETFs, portfolio diversification in the domicile, and settling debt. Warren also touches on what compound interest is, fixed deposit interest, and what platform to use to get the best compound interest and shares.
Topics/ Questions:
- How do I ensure my inheritance lasts me as well as creates generational wealth for my children?
- Where best can I earn compound interest?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, Warren Ingram speaks to car guru and automotive journalist, Francisco Nwamba, on all things related to car purchasing. Warren and Francisco speak about new vs secondhand purchasing, motor plans, most stolen cars, car upkeep, and upcoming car brands to look out for.
Topics/ Questions:
- Are there ways people can buy cars intelligently? Are there insider tips to buy a car responsibly?
- Do you need to buy a new car?
- How do we know what cars are in demand in the secondhand market?
- Polo vs Fortuna: Are these the most stolen/ hijacked car? Is this something I need to consider when buying a car?
- How does the cost of servicing a secondhand car vs new car work?
- Does the brand of a car affect the cost of servicing and spare parts?
- Would you get better secondhand deals on the less common car brands such as a French car?
- Should you rotate cars with motor plans or is this a sales pitch?
- What is the “Right to Repair Act”?
- Motor plans vs services
- Is there a brand of car in SA that is offering a great car at a great value?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today is our last episode of the Beyond Bitcoin series, Warren Ingram speaks to authors Steven Boykey Sidley and Simon Dingle on their book, Beyond Bitcoin: Decentralised Finance and The End of Banks.
In today’s episode we speak about the purpose of the book, loans in crypto, tax, money streaming and what the near future could look like.
Questions/ Topics:
- What was the purpose of writing this book?
- Is the hype around Bitcoin warranted?
- What should a reader be doing after they’ve read your book?
- Are you able to take loans in crypto? What are the protocols?
- Tax and crypto
- Streaming money features and protocols
- What does the future look like?
- What advice would you give your 21-year-old self?
Grab a copy of Beyond Bitcoin: Decentralised Finance and the End of Banks on Takealot, Loot, and Exclusive Books.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
For more about our Privacy Policy, see here.
In today’s (part 2 of 3) episode we speak to authors Steven Boykey Sidley and Simon Dingle on their new book, Beyond Bitcoin: Decentralised Finance and The End of Banks. In this episode Warren Ingram and our guest speakers cover the safety of crypto, transactions, how it’s valued, what is a Stable Coin and how does this affect Reserve Banks.
Topics/ Questions:
- Crypto has been known for encouraging illegal payments/ activities, is this still true?
- Are Bitcoin transactions anonymous or are payments traceable?
- Is the blockchain system trustworthy?
- How is crypto/ Bitcoin currency valued?
- What is a stable coin?
- How does the Reserve Bank interact with crypto?
- How have other countries used digital currencies?
- Will Reserve Banks sway towards using digital currency?
- What are the pros and cons of using crypto?
Grab a copy of Beyond Bitcoin: Decentralised Finance and the End of Banks on Takealot, Loot, and Exclusive Books.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
For more about our Privacy Policy, see here.
We have a special 3-part series talking with authors Steven Boykey Sidley and Simon Dingle on their book, Beyond Bitcoin: Decentralised Finance and The End of Banks. Warren Ingram speaks to Steven & Simon about the ins and outs of crypto, the blockchain system, what decentralisation is, how banking will be affected and more.
Topics/ Questions:
- What is Bitcoin?
- Who started the idea of crypto/ digital money?
- Who developed the blockchain system?
- What does a smart contract mean?
- What is the blockchain system?
- What does decentralisation mean?
- How is decentralisation linked to the blockchain system?
- How safe is the system & what are the White Hat Hackers?
- Traditional finance and banking vs crypto
Grab a copy of Beyond Bitcoin: Decentralised Finance and the End of Banks on Takealot, Loot, and Exclusive Books.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
For more about our Privacy Policy, see here.
In today’s episode, Warren Ingram gives an overview of the 2022/23 budget speech, what to expect and what changes are coming up. Warren also touches on Regulation 28 in terms of retirement fund allocations, fuel & road levies, company tax rates, and more.
Questions/ Topics:
- Regulation 28: Retirement Fund Allocations
- Fuel/ Road Levy and Increases
- Company Tax Rates
- Personal Tax Rates
- Overall Conclusion
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today Warren Ingram answers your questions around property investments, how to work out your investment vs costs on the property, and your profits when selling. Warren also advises on how to get a good credit rating, tips on using a credit card responsibly, and what to do if you’re in debt and need extra time.
Topics/ Questions:
- Is it a good idea to invest in property?
- How do I build up a credit score after leaving school? Do you have practical tips on how to build a good credit score using a credit card?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We’ve put together a 2022 Investing Game Plan to help you achieve your financial goals this year. Warren Ingram reviews his 2021 gameplan, provides 2021 reviews on JSE vs World Market investments, why 75% of your portfolio should be Global, and more on 2022 investment decisions.
Topics/ Questions:
- Debt
- Emergency Funds
- Financial Freedom Savings vs Disposable Savings
- Tax-Free Savings Accounts
- Diversification
- 2021 Game Plan vs 2022 Gameplan Review
- JSE Investments: 2021 Review
- World Markets: 2021 Review
- JSE + World Markets: 2022 Suggestions
- Global Markets: Why, Time horizon & Recommended Percentage to invest
- 2022 Investment Decisions
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We love the diverse questions we get from our listeners, today we learn about Scalp Trading & Tax-Free Savings Account Transfers. What is Scalp Trading, is it best for short or long-term profits, and is it worth investing in?
Warren Ingram also advises on transferring your Tax-Free Savings Account (TFSA) funds from a cash account to an ETF platform, transfers vs redemptions on your TFSA & more.
Topics/ Questions:
- What is Scalp Trading? What’s the best platform to use and what is Warren’s opinion on it?
- I want to move money from my TFSA to an ETF, is it possible to move it and could you give me guidance on how to approach this?
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Tax season is coming to a close at the end of Feb! In today’s episode, Warren Ingram speaks to tax guru, André Bothma, on Tax-Free Savings Accounts, tax tips on your RA, side hustle provisional tax, the best time for bonus payouts, how tax works with portfolio diversification, and more about André’s journey on becoming the Tax Maverick.
Topics/ Questions:
- TFSA Limits: How does SARS know I’ve invested the R36,000.00 limit or lifetime R500,000.00 in my tax free investment account?
- Investing in TFSA: I understand the tax year ends at the end of Feb, would it be advisable to max out the R36,000.00 before then and continue with a R3000 contribution p/m from March?
- Individual tax tips on RA’s and how it helps with tax rebates
- Tax tips on side hustles and provisional tax
- Tips on bonus payouts during February for businesses
- Understanding how admin fees on your policies can affect your investments
- Diversification and how it can help you
- The Tax Maverick: André’s journey
- Tax advice for entrepreneurs: what software will assist with the tax return process
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We kick off this 2022 with top tips from Warren Ingram on how to succeed in your financial goals this year. Wholesome advice on understanding your money, budgeting pillars, debt plans, tax season contributions, relooking at your investment plans, and the benefits of finding a finance buddy.
Topics/ Questions:
- Understanding your money: expenses vs investment allocations
- Budgeting Pillars: wasted expenditure, lifestyle expenditure, debt & necessities budget
- Touching on various income revenues & emergency funds
- Debt Plan: What to focus on first
- Why having a Will is important
- Tax Season: Contributions, TFSA investments, RA’s & Capital Gains
- Relooking your investments
- Financial support using stokvels and positive peer pressure
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we celebrate our 100th podcast with an episode on all the golden nuggets we received during 2021 from Warren Ingram and our guest speakers. Save this episode for quick advice on starting your investing journey, tips on global investing, more on crypto, Warren’s personal global investment portfolio, how to get the best return on your investments, investing in the domicile & more.
Topics/ Questions:
- Tips on starting your investing journey
- Global Investing Advice
- More on cryptocurrency
- Warren’s personal global investing portfolio
- How to get the best returns on your investments
- Looking at investing and time horizons, how to work out your retirement budget, and the Bengen rule
- Index investments
- Investing in the domicile
- Trusts vs Foundations
- Overdrafts and using it for investing
- Tips on buying a car
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Welcome back to a new year filled with sound advice on how to reach financial freedom with Warren Ingram on the Honest Money show.
We kick off the year with advice received from our guest speakers during 2021 answering Warren Ingram's favourite question, “If You Could Give Your Younger Self Advice, What Would It Be?”.
Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today we have our last podcast and Q&A for 2021! Find out what Warren Ingram says around where best your money would be when receiving a large lump sum, paying off your bond, your car, in your TFSA account or investments? We also find out more about when leaving a job, what is the best route to take when getting your RA paid out, is a Preservation Fund the way to go and what considerations should be taken into account.
Topics/ Questions:
- I have a lump sum of money, where best would it be, in my bond, paying off my car, in my Tax-Free Savings Account or should I invest it?
- I am leaving my company and need to know what the considerations are with Preservation Funds? I am not inclined to go the RA route.
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today's episode, Warren Ingram does a Q&A on how to save for your child's schooling career from preschool to university, looking at education policies, using a TFSA or opening an investment in your child’s name. Warren also answers Gwen’s question on transferring unit trusts to ETFs within your tax-free investments via the same organisation and the implications this would have.
Topics/ Questions:
- As a new parent, how would you approach saving for your child's schooling from preschool to university?
- How does the process work when wanting to move a Unit Trust Tax-Free Investment to an ETF Tax-Free Investment within the same organization? What are the implications and how would this display on my tax certificate?
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s episode, Warren Ingram does a Q&A with one of our followers, Chantelle, who is looking for financial advice for people in their 40s. Warren gives advice around saving towards a comfortable retirement through RAs, investments, access bonds & more.
Questions/ Topics:
- Is a retirement annuity the way to go?
- Should I leave my money in a RA or move it to a new provider?
- Where should I put a large lump sum of money, into my home loan, in investments or an RA?
- How does it work when you get paid out from your RA? Do you get 1/3 as a lump sum and then do you need to reinvest the rest?
- Does it make sense for me to put my travel money into my access bond whilst I’m saving up for my next trip?
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Did you know that 3/10 people can’t pay off their debt 6 months after purchase? Black Friday and Cyber Monday are around the corner which means plenty of temptation for spending money you may not have. In this episode Warren Ingram speaks to CEO of TransUnion Africa, Lee Naik, on how to get a good credit rating, debt statistics around promo season, avoiding online fraud and tips for smart spending this Black Friday.
Questions/ Topics:
- What are some of your top tips to help someone get a good credit rating?
- How do I access my credit report and how will it help me?
- From Nov 2020, what were the credit payments like 6 months after purchase?
- What are the current statistics of online fraud?
- Tips for avoiding digital fraud this Black Friday
- Tips for smart spending this Black Friday/ Cyber Monday
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today’s Q&A is guest speaker Rochelle who is a Chartered Accountant and wants to work towards becoming a qualified Certified Financial Planner. Warren Ingram and Rochelle speak about post-graduate degrees, board exams, internships, what the struggles are in the industry and more.
Questions/ Topics:
- What do you need to become a CFP?
- What do you need to take into consideration when needing to do the board exams?
- Do you need working experience before you can complete the second board exam?
- Are there any companies or organizations that would be willing to give interns experience?
- What are the current struggles in the industry?
- Am I crazy for wanting to study this at the age of 42?
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Head of OUTVest, Grant Locke interviews Warren Ingram in this 4-part series on his new book, Global Investing Made Easy. Our last episode for the series talks about the steps to global investing, do you need a global bank account, investing offshore with bitcoin, investing approaches and more.
Topics/ Questions:
- I’ve decided to take my money out of the country, what is step 1?
- My money is now going overseas, where is it going to land? What should I do next?
- Do you have to open a bank account in the domicile you want to invest in or how do you go about this?
- In your personal capacity, would you send money via bitcoin and use it as your store value to exchange and buy other assets?
- When you’re investing in offshore markets, do you phase it in over time or invest a large lump sum?
- How can average be exceptional in the world of investing?
- What are one or two lessons you’ve learnt from dealing with your clients?
[Sponsored Content] Honest Money and OUTvest are giving away 25 signed copies of Warren Ingram’s latest book. To enter the lucky draw, simply sign up to the Honest Money weekly mailer, which gives you notifications on new podcast episodes, blogs and more.
On the topic of global investing, it couldn’t be easier than with OUTvest’s brand new Global Wealth Trader. With a few clicks, you can enjoy worldwide equity exposure to 49 developing and emerging markets and over 9 000 stocks – all in a single investment, priced in South African Rands and at a low, transparent fee. Your wealth deserves the world.
OUTVest is an authorised FSP. T&Cs apply.
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Don’t forget to follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Head of OUTVest, Grant Locke interviews Warren Ingram in this 4-part series on his new book, Global Investing Made Easy. Our third podcast touches on trading behaviour, what Warren’s desired investment strategy is, investment trusts and looking at Warren’s personal offshore portfolio.
Topics/ Questions:
- Trading behaviour: Then vs now
- What is your desired investment strategy when it comes to global investing?
- What are investment trusts and why do you use them in your portfolios?
- Exploring Warren’s personal offshore portfolio: how you came up with this allocation and how it works for you?
[Sponsored Content] Honest Money and OUTvest are giving away 25 signed copies of Warren Ingram’s latest book. To enter the lucky draw, simply sign up to the Honest Money weekly mailer, which gives you notifications on new podcast episodes, blogs and more.
On the topic of global investing, it couldn’t be easier than with OUTvest’s brand new Global Wealth Trader. With a few clicks, you can enjoy worldwide equity exposure to 49 developing and emerging markets and over 9 000 stocks – all in a single investment, priced in South African Rands and at a low, transparent fee. Your wealth deserves the world.
OUTVest is an authorised FSP. T&Cs apply.
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Don’t forget to follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We have officially launched the Global Investing Made Easy podcast series sponsored by OUTVest, where Warren Ingram finds himself in the hot seat and answers the top questions on his new book, Global Investing Made Easy, with head of OUTVest, Grant Locke. Today’s episode is all about global investing goals, your investment ratios, currency selection, time horizon vs asset class and how to work out how much you need for a comfortable retirement.
Topics/ Questions:
- What are you trying to achieve with global investing?
- What proportion of your money should you send offshore?
- What currency do I pick?
- How do you determine your time horizon and what type of asset class will come out of that and why?
- Why is inflation such a risk?
- How do I work out how much money I need for my retirement?
Honest Money and OUTvest are giving away 25 signed copies of Warren Ingram’s latest book. To enter the lucky draw, simply sign up to the Honest Money weekly mailer, which gives you notifications on new podcast episodes, blogs and more.
[Sponsored content] On the topic of global investing, it couldn’t be easier than with OUTvest’s brand new Global Wealth Trader. With a few clicks, you can enjoy worldwide equity exposure to 49 developing and emerging markets and over 9 000 stocks – all in a single investment, priced in South African Rands and at a low, transparent fee. Your wealth deserves the world.
Visit Honest Money Global Investing for more info.
[Sponsored content] OUTVest is an authorised FSP. T&Cs apply.
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Don’t forget to follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We have officially launched the Global Investing Made Easy podcast series sponsored by OUTVest, where Warren Ingram finds himself in the hot seat and answers the top questions on his new book, Global Investing Made Easy, with head of OUTVest, Grant Locke. In today's episode, we cover why you should invest globally, is your ROI better offshore than local, feeder funds vs trusts, what currency or domicile to look at, what legal entities you should invest in and more.
Questions/ Topics:
- Why should I invest my money globally?
- Will I get a better rate of return if I invest my money offshore?
- Before I start investing globally, what are some of the things I should know about?
- Do I need to send my money overseas if I want global exposure?
- Feeder funds vs trusts when moving your money
- How do I structure my global investments? What currency do I get, where do I domicile it?
- What countries are the best to “house” your money?
- What legal entities should you invest in?
Honest Money and OUTvest are giving away 25 signed copies of Warren Ingram’s latest book. To enter the lucky draw, simply sign up to the Honest Money weekly mailer, which gives you notifications on new podcast episodes, blogs and more.
[Sponsored content] On the topic of global investing, it couldn’t be easier than with OUTvest’s brand new Global Wealth Trader. With a few clicks, you can enjoy worldwide equity exposure to 49 developing and emerging markets and over 9 000 stocks – all in a single investment, priced in South African Rands and at a low, transparent fee. Your wealth deserves the world.
[Sponsored content] OUTVest is an authorised FSP. T&Cs apply.
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Don’t forget to follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Ever wanted to become a financial planner but not sure where to start? Listen to Warren Ingram and Lelane Bezuidenhout, Chief Executive of the Financial Planning Institute of Southern Africa, speak about what it entails to become a financial planner, what attributions and accreditations you need and more.
Topics/ Questions:
- What is a financial planner?
- What attributes do you need to have to become a financial planner?
- What do I need to complete before becoming a financial planner?
- What are the ethical requirements that are taken into consideration for financial planners?
- Is there an option for someone that is financially constrained and can they still pursue a career in financial planning?
- Advice on checking if someone has a CFP accreditation
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram answers your questions around calculating your returns with inflation in mind, where to invest a large lump sum of money short-term and where to save your money, in your emergency fund or your TFSA.
Questions/ Topics:
- How do you calculate your real return on investments when you look at a fact sheet of an ETF? Should you consider inflation and deduct it from your returns?
- My in-laws have about 500k in their accounts and they want to invest it somewhere. What's the best place for them to invest this money?
- Is it better for me to save more in my emergency fund or max out my Tax-Free Savings Account instead?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s podcast, Warren Ingram welcomes Tami Dal from the Honest Money content team to discuss tips for first time investing. Where to start, advice around Tax-Free Savings Account Investments vs ETFs, the ratio split between local vs international investments, what companies to invest in & more.
Questions/ Topics:
- I've downloaded EasyEquities, what is the first investment I need to make? Shares vs bonds
- How do I know when to cash out my investments? Is there a rule of thumb or something I need to watch to make sure I don’t lose on my investments
- World index vs Top 40 index investments and investment ratio between the two (50/50)
- How do I know which businesses to invest in? Should I stick to companies I know?
- How much money should I start investing with? Do I gradually do it or should I invest the full amount of my expendable income?
- TFSA vs ETFs? How much should I invest in each, what should the ratio split be?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
A podcast all about leadership with successful businessmen, Rory Kirton and Warren Ingram. Some honest advice around staff motivation, leadership skills and upcoming opportunities in the African market.
Questions/ Topics:
- How did you grow your business during the political upheaval and during the instability of the South African economy?
- Tips on how to motivate your staff after all the unrest that’s happened over the past 2 years
- How do you help and connect to a customer through a partnership
- How being vulnerable and open about your business operations and decisions with your staff helps with business success
- Opportunities for South African businesses within Africa
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
In today’s episode, Warren Ingram does a Q&A around using overdrafts for investments and provides financial advice around purchasing a car that is best for your pocket.
Questions/ Topics:
- How can I use my overdraft to benefit me in terms of investing or getting financial gain?
- What financial advice do you have around buying a car?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We got a great question from a follower about becoming a financial planner and is there a need for financial planners in the South African economy. Listen to what Warren Ingram has to say in this interesting Q&A episode.
Topics/ Questions:
- What are the pros and cons of becoming a financial planner?
- What is the current state of the industry and is there a need for financial planners in the South African economy?
- What type of person is best suited to become a financial planner?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
An interesting topic that is relevant to most South Africans, what is income protection and why would I need it? Warren Ingram and Elmarie Samuel, Senior Technical Marketing Specialist at FMI, speak about the ins and outs of income protection and answer questions around COVID related protection, the difference between lump-sum disability and more.
Topics/ Questions:
- What is income protection for?
- What are some of the most common reasons for loss of income based on statistics?
- Would I be protected with income insurance if I got COVID?
- What’s the difference between lump-sum disability protection and income protection?
- How do I make sure I am covered and will actually be paid out if needed?
- Do you get a pricing benefit from long-term vs short-term income protection?
- Does the waiting period clause have an impact on the monthly premium fees?
- Can an individual apply for income protection through FMI or do they need to go through an advisor?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today’s episode is beneficial to most listeners looking at transferring your retirement annuity from an insurance company to an index or unit trust provider. Warren Ingram also answers questions around bond refinancing, where to invest the financial difference and what to consider when doing it.
Questions/ Topics:
- Should I move my retirement annuity over to an investment company and is it worth paying the fees/ tax involved?
- Understanding bond refinancing, where to invest the financial difference and what to consider when doing it
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today’s podcast is filled with motivation, words of wisdom and the importance of building a community, not just a business. Mashudu Modau shares his views with Warren Ingram on how passion, loyalty and integrity are the foundations to building and supporting businesses.
Questions and topics:
-
What is a community for an entrepreneur?
-
How is building a community good for brand loyalty?
-
Advice from Warren on what he thinks sustained him throughout his entrepreneurial journey
-
How is building a community linked to having integrity and being transparent?
-
Mash shares the best advice you'll receive
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and it could feature in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We welcome back Grant Locke, head of OUTVest, to talk to Warren Ingram about the impact of financial planners in the investment industry, what studies show and the fairness of fee structures based on clients portfolios.
Topics/ Questions:
- Do financial planners add value to your portfolios?
- What do Vanguard and Morningstar studies show on where financial planners add value?
- About Vanguard and Morningstar
- How are fees determined for financial advisor services?
- Why do we have percentage-based fees?
- What is a fair fee structure?
Have you heard about the OUTVest competition where you can win R10 000 invested into your OUTVest investment account? Simply visit https://bit.ly/3wEMBlB for more information on how to enter and the great prizes up for grabs!
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Tlou Ledwaba (TJ) is the co-founder of Bright Path Business Consultants, an accounting practice that helps SMMEs grow into sustainable and profitable businesses. TJ was appointed as an Accounting Member of the Tax Court by the President and gives us advice on how small businesses can get funding.
Topics/ Questions:
- How did you get appointed as an Accounting Manager of the tax court by the president?
- How can businesses apply for funding assistance?
- Before applying for funding, what do businesses need to know?
- What institutes are most likely to help small businesses with funding?
- What amounts are available for small business funding?
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and it could feature in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
When Tshepiso decided to quit his corporate job, he focused on getting his side hustle up and running by getting different revenue streams going. From selling hot water bottles during the Winter months and umbrellas during the Summer months, he managed to gain enough finances to focus on his software business, Axcelerate, which streamlines businesses through the implementation of Enterprise Resource Planning (ERP), Advisory, Bookkeeping, Payroll, Tax, Accounting and Financial Management.
Get tips and advice on the “blind spots” business owners need to look out for and how to make your side hustle a success in this podcast.
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and it could feature in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Need some sound advice on where to start a business or how to find out more? Vuyo and Warren give you advice on the following:
- What does M.E.A.L stand for
- The importance of planning and budgeting
- Advice on service, partnerships and networking
- Where to find useful business resources
- Why joining a community will benefit you and
- How the #SageForSmallBiz can help you
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and it could feature in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
“Abit of small change saving becomes big change later”- Warren Ingram
On today's episode, we invite Grant Locke, head of OUTVest, to discuss why looking at fee structures is important before deciding to invest with certain institutes. Warren and Grant discuss everything from index-tracking, how fund managers work and the differences between EFTs and Unit Trust fee structures.
Questions/ Topics:
- Why are fees important?
- What are the effects on short-term and long-term investments?
- What would reducing your fees do to your investments?
- What is index investing & how can fund managers assist?
- What are the main ways private investors can buy an index?
- What's the link between index-tracking in ETFs and index-tracking in unit trusts?
- Understanding unit trusts and the fees involved
- Understanding ETFs and the fees involved
- Why doing research is so important
Have you heard about the OUTVest competition where you can win R10 000 invested into your OUTVest investment account? Simply visit https://bit.ly/3wEMBlB for more information on how to enter and the great prizes up for grabs!
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Andile and his business partner wanted to help their community gain access to affordable healthy food and saw an opportunity to start a business from a backyard in Soweto. From 1000 seedlings to 40,000 seedlings distributed weekly, Evergrow now supplies to farmers around Johannesburg, Pretoria, Eastern Cape, and North West.
Feeling inspired, motivated and in awe at the sheer tenacity that comes from making a dream a reality, Andile shares his story on how he went from seed to start-up!
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and it could feature in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Our next #SageForSmallBiz speaker is entrepreneur and influencer OP speaking about his personal story around how he started his business, how he helps others source investment opportunities for their business and explains frontier markets in Africa.
Warren Ingram and OP also speak about busting myths around starting a business in South Africa, where to start and things to consider when trying to reach your goals.
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions around small businesses and we’ll feature it in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
To kick off our #SageForSmallBiz campaign, we have the inspiring Brian Malatji sharing his story on how he went from having R200 in his account to running a successful business that is worth R2.2 million.
“I was involved in an accident a few months after leaving my job. I had to use the pay-out to repair my car, which was only six months old. I was left with R200 and I started to panic. I had a poor credit history and no capital. I tried to find another job, with no luck.”
Refusing to give up, Brian used the little money he had to buy airtime. He called all his contacts to ask if they knew of anyone in the township who wanted their gate and garages automated and got a few leads.
Got your own business or looking at starting one? Sign-up for Sage’s 30-day free trial and see how their software can help take your business further: https://bit.ly/3djWTiW
Send us your questions about small businesses and we’ll feature them in our upcoming SME podcast on WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Today’s podcast welcomes Branden Dale speaking with Warren Ingram on how he started with his passion project in finance, how he overcame debt and gives wholesome advice on paying your debt off, saving and the importance of financial transparency with your partner.
Questions/ Topics:
- How did you overcome your debt and what actions did you take to help pay it off?
- What are some smart ways to help pay off debt and save?
- How to use group mentality to make your savings journey fun
- Understanding money in relationships
- What advice do you have for your younger self
For helpful resources on gaining financial freedom, plans to pay off debt and saving challenges, visit Brendan Dale’s website and Take Charge of Your Money: https://bit.ly/3dnEFgC
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Everyone knows him as “The Tax Guru," in tis episode André Bothma joins Warren Ingram in discussing all things Tax from top mistakes to understanding structures, investment options and understanding how donations tax works.
Questions/ Topics:
- What are some of the biggest tax mistakes?
- Understanding Tax structures and the implications involved
- Things you should know about Tax
- What would happen if we didn’t have Tax?
- How to save money within the Tax laws
- Investment options that assist with Tax reductions
- What is donations tax and how can this assist those that are caring for minors within the family?
Have any questions? Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram answers your questions in the hopes that it gets you one step closer to achieving your financial goals so keep those questions coming. On today’s episode, Warren speaks about Section 12J investments and assisting a 17 year-old listener on how to make extra income for his investments.
Questions/ Topics:
- What are the advantages of a 6-12 month Section 12J Investment?
- What can a young person do to generate extra money to put towards their investment portfolio?
Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Did you know 8/10 of the participants that have signed up for an investment account with OUTVest has achieved 90% or more of their end financial goal? You’ve heard us rant and rave about the OUTVest Super Saver Competition but you haven't heard the reasons as to WHY we’re doing it. Join Warren Ingram and head of OUTVest, Grant Locke, speak about the sole purpose of this campaign and how it aligns with Honest Money.
Questions/ Topics:
- Why are we doing the Super Saver Competition?
- What OUTVest investment accounts are on offer?
- How will it help our followers reach their financial goal?
- Why Honest Money and OUTVest partnered for this campaign?
Want to know more? Simply visit https://bit.ly/3wEMBlB for more information on how to enter and the great prizes up for grabs!
Don’t forget to send questions through to our WhatsApp on (+27) 72 934 4218. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
We want to help you gain financial freedom so keep sending your questions through to our WhatsApp because ultimately your goal is ours. In today's episode, Warren Ingram answers your questions around how to ensure you don’t dip into your savings and what company information and trends you should look at when buying shares.
Topics/ Questions:
- I try to invest my money but I end up falling short every month, how can I overcome this problem?
- I'm looking at investing in single shares, what are the key components I need to look at before I decide what company to invest with? Should I look at their history in the stock markets or their current stock shares?
Help us help you by sending your questions through to our WhatsApp on (+27) 72 934 4218. Don’t forget to follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
“You don’t need to be great to start, but you have to start to be great”. In this episode, Warren Ingram speaks to Thando from Small Steps To Freedom on her journey, how she started her career in finance and tips on how to invest with smaller amounts of money.
Topics/ Questions:
- What would be the starting amount to kick off your investments into the stock market?
- What investment platforms are there?
- Investing in livestock
- Stock market and cryptocurrency investment advice
- Thando’s journey with money
- About the FIRE movement
Don’t forget to send us your Voicenote questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Keeping Honest Money honest with your Q&As. In this week's episode Warren Ingram answers your questions around endowments, expense ratios and when your fees should be deducted.
Topics/ Questions:
- Investing in endowments: what you need to know, the benefits and things to look out for.
- How do expense ratios work in different funds and when should your fees be deducted?
Got a question after listening to this episode? Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
One of our most asked questions is how to settle debt and get closer to financial freedom. Warren Ingram speaks to Charles Hsuan on how he went from over 170k in debt to debt-free and shares his methods used, how he stayed motivated and how his mindset has changed since.
Topics/ Questions:
- How did you get into debt?
- What was your driving factor to pay off your debt?
- How has being in debt and now debt-free impacted the way you run your business?
- How did those around you support you in paying your debt off?
- What is the importance of having support whilst on your financial freedom journey?
Do you or someone you know have an inspiring story around gaining financial freedom? Reach out to us and you could feature on the next podcast with Warren Ingram.
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
On today’s Honest Money podcast, Warren Ingram answers your questions around Tax-Free Savings Accounts, from best practices, finding the right institute and whether or not an RA is still necessary.
Questions/ Topics:
- As a young professional that’s starting their saving journey, should I have more than 1 tax free savings account? I am also a contractor and don’t have a retirement plan with my company, am I limited to an RA or will a tax free savings account suffice?
- I'm starting my investment journey and I want to invest in a tax free savings account, there’s conflicting advice with regards to opening up one with a bank or a unit trust company/ easy equities index provider. What is the best practice?
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram answers your questions around feeder funds, leveraging off the exchange rate and factors around property investment.
Questions/ topics:
- Investing your money in feeder funds: Rands vs Dollars and would you benefit from the exchange rate?
- Where should I invest my money currently? Is property investment still a good option?
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Warren Ingram and George Robertson, Director of Galileo Advisory Services and Galileo Wills, educates us on Trusts and answers the following important questions:
- What is a Trust and why do they exist?
- How do I establish a Trust?
- How do I invest money into a living Trust and what are the tax implications?
- What do I need to consider when putting assets into a Trust?
- Why should I put assets into a Trust?
- Is there a financial benchmark that I should reach before building a Trust?
- What are the costs of establishing a Trust?
- What do I need to consider when opening a Trust?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content: @HonestMoneyPod
Warren Ingram and Grant Locke share some exciting news on an upcoming competition with OUTvest.
We want to help you build towards your financial goals by making it fun, the more you save towards your goal, the higher your chance is to WIN the grand prize of R10 000 deposited into your OUTvest Investment account. You can also stand the chance of winning R1000 monthly and a signed copy of Warren Ingrams book.
No investment is too small… So what are you waiting for? Sign up today: https://bit.ly/3wEMBlB
P.s. Want to feature on an episode with Warren Ingram? Share your goal saving journey with us and you could feature on Honest Money pod.
Warren Ingram answers your questions around investments during the market crash due to COVID and investing your money locally vs offshore if you are emigrating.
Questions/topics:
- During March 2020 the stock markets dropped, does this affect my long term investments if I missed out on the opportunity during this time?
- I will be emigrating in the next few months. I have capital under my portfolio and don’t know whether I should take my money offshore or invest locally?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content: @HonestMoneyPod
A Will is one of the single most important documents a person can have; yet, so many of us put off dealing with it for far too long. In this episode Warren Ingram speaks to expert, George Robertson, the CEO of Galileo Advisory Services, about the following:
- What is a Will?
- Who needs a Will?
- What are the costs involved?
- How is it managed?
- Do I have to establish a trust?
If you need a will please visit https://www.galileowills.co.za/
Warren Ingram shares advice on buying into retirement/provident funds vs. other discretionary investments, as well as on buying property during the current market conditions.
Questions/topics:
- Should I max out my provident fund contribution for the year or should I make it a 12% - 15% contribution and then put the remaining savings into an ETF to gain global exposure?
- Is it a good time to upgrade your smaller property and/or buy a bigger property?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content:
- @HonestMoneyPod
Warren Ingram shares advice on diversification and how to build a more robust portfolio during turbulent times. He also answers a question about paying tax when withdrawing money from a TFSA (Tax Free Savings Account), if the investments are held in offshore assets like the S&P500.
Questions/topics:
- How do investors construct a portfolio that is more robust during difficult times?
- Will I be liable to pay tax when I withdraw money from my TFSA (Tax Free Savings Account) if my investments are in offshore ETFs like the S&P500 and/or the Nasdaq 100?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content:
- @HonestMoneyPod
For most of us the financial year-end is in February and in this episode Warren and Katlego Mei discuss the best investment decisions to consider during this period.
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content:
- https://twitter.com/HonestMoneyPod
Warren answers the following two questions from the listeners with the help of Katlego Mei (Para Planner at Galileo Capital):
Questions:
- Where is the best place to get impartial advice to help me invest an amount of roughly R100k?
- Are Global Equity Funds overheated (too expensive) or not?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content:
https://twitter.com/HonestMoneyPod
In this episode Warren Ingram offers a reaction to the 2021 Budget Speech made by Minister of Finance Tito Mboweni.
Faan Van Der Walt is the co-founder and executive director of WeBuyCars, one of SA's leading car sales brands.
Faan shares his entrepreneurial story of him and his team built the company over 20+ years. He also gives his personal advice on how you can get the best value for money when buying a car in SA.
Follow us on twitter for more Financial Freedom content:
- https://twitter.com/HonestMoneyPod
Warren answers 3 important questions from the listeners with the help of Katlego Mei, who is a Para Planner at Galileo Capital.
Questions/topics:
- As a farmer with most of my assets tied up in land and livestock in SA, how do I diversify my portfolio and invest offshore?
- What is the best way to preserve a large amount of capital for passive income?
- Where can I invest if I want to benefit from compound interest?
Send us your Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming episode with Warren.
Follow us on twitter for more Financial Freedom content:
- @HonestMoneyPod
Warren interviews Jikku Joseph, Managing Director at 22seven, to find out how South Africans can manage their money more effectively using their mobile app.
Follow Honest Money on twitter for more Financial Freedom content:
www.twitter.com/HonestMoneyPod
Warren speaks to Katlego Mei, Para Planner at Galileo Capital, about the most important things you should be thinking about going into 2021.
Topics of discussion:
- 2021 Emergency funds
- Budgeting
- Updating your Will
- Discretionary investments
- Diversification of assets
- Offshore portfolio
Join us on twitter for more #FinancialFreedom content:
- https://twitter.com/HonestMoneyPod
Some of the best pieces of advice shared by Warren Ingram and the Honest Money guests in 2020.
Follow us on twitter for more #FinancialFreedom content:
- @HonestMoneyPod
- https://twitter.com/HonestMoneyPod
In this episode Warren answers two important questions from the Honest Money listeners:
- How do I navigate a lump sum investing in current market conditions?
- How can I tell whether I'm on the right track to achieving financial freedom or not?
Follow us on twitter for more #FinancialFreedom content:
- @HonestMoneyPod
- https://twitter.com/HonestMoneyPod
An access bond is a type of home loan that allows borrowers who have paid extra money into their bond to withdraw the extra money should they need it.
In this episode Warren answers questions from the listeners and shares advice on investing in property funds vs. global equities as well as how you can use an access bond as an emergency fund.
Follow us on twitter for more #FinancialFreedom content:
- @HonestMoneyPod
- https://twitter.com/HonestMoneyPod
A retirement annuity (RA) is a suitable long-term investment vehicle for almost anyone wanting to save for a comfortable retirement. In this episode Warren answers two important questions about RAs from our listeners.
Follow Honest Money on twitter for more #FinancialFreedom content:
@HonestMoneyPod
As humans, we have a natural desire to avoid adversity. From ignoring criticism to fleeing pay rise discussions with our superiors, we subconsciously seek comfort and pleasure, not hardship and stress.
Adversity is, however, critical to understanding our own fears and hopes. It's also essential to our social, mental, and professional growth. And this growth ultimately helps us achieve more.
In this episode Warren speaks to Alex MacPhail, an international airline pilot, high performance team coach and entrepreneur, about the importance of being resourceful and finding opportunities in difficult times.
Alex's story will inspire you to find new ways to succeed in a post-lockdown world.
Follow Honest Money on twitter for more #FinancialFreedom content:
- www.twitter.com/HonestMoneyPod
In this exciting episode Warren interviews Mikaeel Adam who, together with his wife, saved up and spent two years travelling the world on an incredible adventure. They visited over 20 countries and created memories that will last forever.
Mikaeel's travel page on IG:
@mytravelrules
Follow Honest Money on twitter for more #FinancialFreedom content:
@HonestMoneyPod
Warren speaks to Grant Locke, Head of OUTvest, about the future of investing and how skilled human advisors will work hand-in-hand with powerful AI systems to make great financial advice more accessible to everyone.
Grant and his team at OUTvest are at the cutting-edge of investment technology and they've built an incredible platform to help you manage your investments easily and even pay up to 90% less in fees.
To find out more about OUTvest:
Visit www.outvest.co.za or call 0860 688 837 to get started.
Warren speaks to Samuel Hlonyana, founder of 90 Day Movement and author of "Life After Dieting," about how we can create the right habits for a healthy life, both physically and financially.
Follow us on twitter for more Financial Freedom content:
- @HonestMoneyPod
Samuel Hlonyana:
- Twitter: @MohauHlonyana
- www.90daymovement.com
Did you know that over 70% of the South African population does not have a Will? A Will provides you with a way to look after your loved ones when you are no longer alive. It expresses your wishes and gives direction to an executor regarding how your estate should devolve. By not having a Will, you may cause unintended difficulty for the very ones you want to look after.
In this episode, Warren speaks to George Robertson, Chief Executive Officer at Galileo Advisory Services, about why it's so important for you to have a Will.
George is an attorney, conveyancer and notary and specialist in the fields of commercial law and estate planning. George also has extensive experience in the trust administration industry.
Follow us on twitter for more Financial Freedom content:
@HonestMoneyPod
@WarrenIngram
Galileo Wills:
www.galileowills.co.za
Warren has an in-depth conversation with property expert, Paul-Roux De Kock, about the current state of SA's property market and the impact that COVID-19 has had on prices. Paul-Roux is the Analytics Director at Lightstone.
Follow us on twitter for more Financial Freedom content: @HonestMoneyPod
Many of us view our pets as part of the family and we'll do whatever we can to give them the best possible quality of life. Unfortunately pets, like us, are prone to injury and illness, and taking them to the vet for medical procedures can be a really expensive ordeal.
So, if we can buy medical aid to cover ourselves, what can we do for our furry friends?
In this episode Warren chats to Carla Benade, Head of Product for OUTsurance Pet Insurance, about what the offering is and how we can buy it as cheaply and effectively as possible.
Follow us on twitter for more Financial Freedom content:
- @HonestMoneyPod
- @WarrenIngram
OUTsurance Pet Insurance: www.outsurance.co.za/pet-insurance
Warren speaks to well-known personal finance blogger, Stealthy Wealth, about the real road to Financial Freedom. The two successful investors share important advice from their personal journeys on the following topics:
- Achieving financial freedom by creating the right plan
- Using debt: whether to take the risk or steer clear
- Trading CFDs
- The future of cryptocurrency
- How to managing your money
Follow Honest Money for more #FinancialFreedom content:
- Twitter: @HonesMoneyPod
- www.honestmoney.co.za
Stealthy Wealth:
- Twitter: @stealthy_wealth
- www.stealthywealth.co.za
Once we achieve our Financial Freedom goal, how do we go about drawing an income from our investments?
In this episode Warren Ingram and Yolande Botha, from Galileo Capital, explain how you should approach this. Warren shares an important "4% - 5% Rule" that you can use.
The following topics are also discussed:
- Diversification of assets (shares, property, cash, bonds etc)
- Geographic diversification (investing offshore)
Follow us on twitter for more #FinancialFreedom content: @HonestMoneyPod
An honest conversation with The Finance Ghost about the true cost of raising a child, the difference between good debt and bad debt, and knowing when to buy individual equities.
Twitter: @HonestMoneyPod
The Finance Ghost: www.thefinanceghost.com
Warren answers questions from the listeners about sitting on cash, investing in a fixed deposit or buying shares/ETFs.
Send us a voice note on WhatsApp to (+27) 072 934 4218 with your question and you could be featured in the podcast.
Twitter: @HonestMoneyPod
Valuable advice from Warren Ingram and The Finance Ghost for anyone looking to earn extra income through starting a business.
Follow Honest Money on twitter for more #FinancialFreedom content:
@HonestMoneyPod
The Finance Ghost:
www.thefinanceghost.com
Looking to diversify your portfolio and invest your capital abroad? In this episode Warren will guide you through your three main options: Feeder Funds, Dollar-denominated Unit trusts and opening a stock-broking account to buy individual shares or ETFs.
Warren also explains why it's critical to avoid investing smaller monthly amounts, and why you should pay close attention to the offshore tax regulations.
Guest: Yolande Botha (Director, www.galileocapital.co.za)
Find us on twitter for more #FinancialFreedom content: @HonestMoneyPod
Warren shares his current views on the state of SA's economy and the R70-billion IMF loan. Co-hosted by Yolande Botha, Director at Galileo Capital.
Honest Money Twitter: @HonestMoneyPod
Galileo Capital: www.galileocapital.co.za
Whether you're freelancing to make extra money, bootstrapping your small business, or expanding your company with new employees, you can benefit from business insurance.
In this episode Warren has an in-depth conversation with Riyaad Loonat, Chief Operating Officer (Business OUTsurance) about how business insurance can help cover the costs associated with property damage, liability claims and so on.
Follow us on twitter for more #FinancialFreedom content:
@HonestMoneyPod Get a quote for your business today:
www.outsurance.co.za/insurance-quote/business/
In this episode Warren chats to Avhaathu Ntsho, also known as "Accountant In The Kitchen," about the following topics:
- Starting a side-hustle to fund your investment journey
- Understanding what high-net worth individuals do differently
- Good debt vs. bad debt
- "Black tax"
- ETFs vs. Individual Shares
Follow us on twitter for more #FinancialFreedom Content:
- @HonestMoneyPod
Avhaathu Ntsho:
- @avhaathu
- http://accountantinthekitchen.co.za
In this episode Warren Ingram answers the following 3 questions from the listeners:
Q1: Should I take money out of my retirement fund to pay off my debt?
Q2: How can young professionals begin their journey to financial freedom?
Q3: Is saving 15% of my income every month enough?
Send us a Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming podcast.
Follow Honest Money on twitter for more #Financial#Freedom content: @HonestMoneyPod
Bruce is an award-winning financial journalist and the author of "The Upside of Down: How Chaos and Uncertainty Breed Opportunity in South Africa." In this episode Warren finds out more about Bruce's personal journey with money and what financial freedom means as a father and successful businessperson.
Follow us on twitter for more #FinancialFreedom content: @HonestMoneyPod
Warren reveals his favourite three ETFs, as well as explaining why you should be careful of "over-investing" in too many different ETFs.
Send us a Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming podcast.
Follow us on twitter for more #FinancialFreedom content: @HonestMoneyPod
Life insurance isn't sexy. We don't like talking about it, however, buying life insurance is an important element of good financial planning. There are some serious benefits to buying insurance early on, especially if you have debt, are married or planning on marriage, have or are planning on starting a family, or you are a business owner.
In this episode Warren speaks to one of South Africa's foremost experts on the topic, OUTsurance Life's COO, Paul Myeza.
Follow us on twitter for more #FinancialFreedom content: @HonestMoneyPod
ProVerb is a successful entrepreneur, investor, media personality and musician. In this episode he shares his personal journey with money and speaks to Warren about success, property investing, debt, black tax, saving vs. spending and more.
Follow us on twitter for news and updates: @HonestMoneyPod
When is the right time to sell my shares and take the profit? What's the truth about earning an income from high frequency trading? Where can I invest my money so that I can benefit from compound interest? Warren gives his answer to these questions in this week's episode.
Send us a Voice Note question on WhatsApp to (+27) 72 934 4218 and you could be featured in an upcoming podcast.
Do you understand how a Tax Free Savings Account works? Are you putting your money into one every month? If not, you're honestly missing out. These are widely recognised as the greatest gift to South African investors. In this episode Warren speaks to entrepreneur and author, Marnus Broodryk, about Tax Free Savings Accounts and how you can use yours to buy a range of different investment instruments.
Follow us on twitter for additional content and news: @HonestMoneyPod
Sbusiso "DJ Sbu" Leope is a South African entertainment icon with a passion for entrepreneurship. In this episode he shares his personal journey with money and gives advice to the next generation of business leaders.
Follow us on twitter for additional content and news:
- @HonestMoneyPod
Warren speaks to Natasha Kawulesar, Head of Client Relations at OUTsurance, about how you can optimise your monthly insurance and save money.
Follow Honest Money on twitter for more news and updates:
- @HonestMoneyPod
Warren chats to Frugal Local who is a thought-leader in the space of property investing in SA. They discuss the concept of good debt vs. bad debt, as well as how to protect yourself when buying property to rent.
Twitter:
- @HonestMoneyPod
- @WarrenIngram
- @FrugalLocal
An honest conversation about money with entrepreneur, best-selling author and Shark on M-Net's Shark Tank, Marnus Broodryk.
Frugal Local tells you why it's important to spend money on things that you value, and why this will impact your journey to becoming financially independent.
Is it a tax-free savings account? An exchange traded fund? In this episode Warren shares his advice on where he believes you should begin your investment journey.
Send us a voice note on WhatsApp to (+27) 072 934 4218 with your question and you could be featured in the podcast.
Warren and Tshepo Kgapane discuss the one secret to achieving financial freedom that is often misunderstood. They also share their views on the importance of being open and honest with the people who are depending on you financially.
Warren answers these two questions from the listeners:
- How do I purchase offshore ETFs and what are the tax rules?
- My mother is retiring soon, should she take her money out of the bank where she is currently paying high fees and purchase annuities so that she is paid out monthly?
Send in your finance/investing questions on WhatsApp to 072 934 4218 and you could be featured in the podcast.
Warren finds out how radio personality and founder of Youth Money Circle, Tshepo “Dj @ Large” Kgapane, began his journey into the world of personal finance.
Warren answers investor's questions about SA's downgrade to Junk status. He also shares his current investment stance during the COVID-19 lockdown. Send in your personal finance and investing questions to 072-934-4218.
Warren answers these two questions:
1) Which sector is the best to invest in during a market crash?
2) How should I move on from fixed deposit to a share portfolio?
Send in your finance/investing questions to 072 934 4218 and you could be featured in the podcast.
Having children brings about a new set of financial challenges for every parent. In this episode Warren and Michael Morton discuss how to budget and successfully manage family money for a happy long-term future.
The Coronavirus disease (COVID-19) has caused global markets to become extremely volatile. For intelligent investors, however, this presents an opportunity to purchase shares or ETFs at a "discounted" price.
Top South African football player, Michael Morton, shares his advice on how athletes should invest and manage their money wisely.
Warren and Esther discuss the importance of waiting to purchase the home that you're planning on living in for a long period of time.
In this episode Warren and Esther discuss the importance of setting boundaries and managing the financial pressure that comes from family.
Becoming financially free is a state of mind. It's about committing to a specific financial target and then building the habit of saving and investing accordingly each month.
Warren speaks to Esther about her financial journey and how she was able to overcome debt as a working professional with a family to support.
A tax-free savings account is an incredible way to save without paying tax on interest, dividends or capital gains. This allows your money grows faster than it would in a regular savings account.
A preservation fund is intended to preserve your retirement savings until the day you retire. In this episode Warren explains what they are, why you should never withdraw your money from them (before you retire) and how to open a new one when you change jobs.
Warren and Theo help you understand when to buy instead of rent, when to take on reasonable debt to pay for a home and why you should be careful when using property as a "good investment."
Being financially free means that you have sufficient income to cover your living expenses for the rest of your life, without having to be employed or dependent on others. Sound good? Listen to this episode to discover what the three fundamental principles are and how you can get started today.