The last 5 years has seen active fund managers all over the globe, struggling to beat their basic benchmarks. In most instances, the benchmark can be held at a fraction of the cost, in the form of an ETF (Exchange Traded Fund) or Passive (Index) Fund. This has spawned a new wave of criticism from […]
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Lessons learnt from Third Generation Wealth
Ever wondered what it would have been like to have a rich grandfather leave you a large family trust as a legacy? Having come from a small town growing up in a middle-class family, I wondered what wonderful insights the children in those families received into the world of money. The financial industry has given […]
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The Marshmallow Test… for adults!
Right let me premise this with the fact that I am the mother to two young boys aged 4 and 7, and the concept of the “Marshmallow Test” is stress tested often in our house! Exhibit A: Ollie – ‘Mom if I make my bed today can I have R2?’ Mom – “Yes sure Ollie, […]
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Alternative Investments – Part II
In my last newsletter I spoke about Alternative Investments and how we at Harbour make use of them in our clients’ investment portfolios. The information was aimed at a client’s local and offshore assets. This newsletter talks about Alternatives Investments included in our offshore strategy, particularly Private Equity which forms part of our building block […]
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Our Children and Their Financial Independence
Browsing through financial news and websites is a rather doom and gloom experience with warnings on how few of us are going to be able to retire comfortably, that the savings rate is at negative 0.5% and the ever scary fact that 71.9% of every household’s income currently goes to paying off debt. No parent […]
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Offshore Exposure and The International Pension Plan
The South African Economy makes up less than roughly 0.4% of the Global Economy. I would suspect that number has waned in the last 9 years under the tenure of our previous President, but the fact remains that there is a great deal more outside of South Africa, and as such, diversification and a managed […]
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Cybercrime in The Financial Sector
The financial sector is where the money is so it stands to reason that it will experience the brunt of cybercrime. In the first 8 months of 2018, 13400 cybercrime incidents were reported to the SA Banking Risk Information Centre. This represents successful cybercrime attempts that were reported and does not include unsuccessful attempts or […]
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Life Insurance – A Disruptive Industry
Whenever you talk to clients about life insurance there is always a grimace on their face. Buying life insurance and talking about life insurance does not provide the protection it promises. It firstly costs money, which is an unnecessary evil and then ultimately deals in death or hardship. Two topics along with politics, sex and […]
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It’s Retirement Top-up Time!
Make the Most of Your Tax Benefits. December 2018 finally saw the end of a highly volatile environment for investors around the world. Global Equity Markets posted their worst performance since the Global Financial Crisis; SA Listed Property fell by – 25%; and only 2 out of the 164 General Equity Funds in South Africa […]
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Season’s Greetings from Harbour Wealth
With only a few weeks left of 2018, we would like to thank you for your loyal support this year. Wishing you a successful, healthy and happy 2019! A reminder that our offices will be closed from Thursday 20 December 2018 and will re-open on Wednesday 2 January 2019.
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