Should you wait for the next ratings decision before investing

Patrick Cairns  |  28 July 2016 00:21 CAPE TOWN – In this advice column Mikayla Collins from NFB Private Wealth answers a question from a reader who wants to know whether his advisor should have held back on making any investment decisions until the ratings agencies make a decision on South Africa. Q: I just a made an investment of R400 000 via a financial planner who placed these funds within a unit trust portfolio. My question is twofold: Firstly, if we are downgraded to “junk” status, is there any possibility of me losing…Read more …

Type of marriage regime, needs more thought

When planning your marriage, it is all about the one day, where should we have the ceremony, how many guests, the financial impact and of course the dress. More time is spent on planning the dress and the reception than anything else. If more than 5 minutes are spent on the right marriage regime for their individual circumstances, it is the exception. Entering into a marriage can be one of the most exciting journeys in one’s life. In the run-up to the wedding, couples often neglect the importance of discussing the type of…Read more …

Can you legally tow? It’s not as simple as you think

Can you legally tow? It’s not as simple as you think School holidays across South African ended today and this has undoubtedly lead to a massive increase in traffic on the country’s roads. Many families used this break to go on holiday, taking their trailers, boats or caravans with them. But, unbeknown to many of them, is the fact that their current driving licences may not be legal to tow these trailers. In 2000 the government changed to the credit card type driving licences. All code 08 licences issued before this date were…Read more …