“A Ship is Safe in Harbour, but that is Not What a Ship is Built For.” – William G.T. Shedd – Theologian, Teacher, Pastor For South African investors, the last couple of years have been tough and frustrating. When you look back at all your efforts, meetings, research and best intentions, and actually have to pat […]
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I had a plan… What now?
“We start by ‘setting the course’, we succeed by ‘staying the course’” – Carece Slaughter If you received the January 2017 newsletter “What can investors expect in 2017” written by Sean Quigley CFP® (Senior Wealth Planner) you will remember that we all had higher hopes for 2016 than what materialised. Many unexpected things happened (Trump being elected […]
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Out with the Old, In with the New
Retirement annuities (RA’s) have unfortunately been abused by unscrupulous intermediaries and institutions alike for many years now. The significant benefits of a retirement annuity have never wavered though, and have in fact, improved materially in the last year. A tax payer can now deduct up to 27.5% of their total remuneration or taxable income in […]
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Investment Update – April 2017
Following the latest negative political and economic events, we felt it prudent to make a statement and let our investors know what the short-term impacts and long-term implications are for their investments. As a business, our key focus is to Protect and Grow our clients’ investments. We have always been, and will always be, a Proudly […]
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Are You Paying a Price for Loyalty?
Definition: Loyalty [noun] “A strong feeling of support or allegiance”. While there are times in life when loyalty is a desirable trait to have, one thing is for sure, loyalty to a Broker/Consultant or Financial Plan that is not benefiting you, is not one of those times. Having been involved in the Corporate Employee Benefits […]
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“Why?”
Earlier this year the entire Harbour Wealth team held a strategic planning session for 2017 and beyond. We also spent a lot of time discussing the markets at our Investment Committee meeting where we received detailed feedback, attribution analysis and historic reporting on our investment strategies. It was extremely pleasing for all involved to view […]
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What can Investors expect in 2017?
We made it! 2016 is done and dusted. To be honest, at the beginning of 2016 we had higher hopes than what actually materialised. Unfortunately, all the unexpected happened. Brexit, Trump and of course our ‘powers that be’ trying their best to derail any chance of an upswing in the SA economy. One positive is […]
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A year of Sheep, Wolves and Sheepdogs!
There was a memorable scene in the movie American Sniper where an extract from a book written by Lieutenant Colonel David Grossman called On Combat which was published in 2004 was quoted by the main character Chris Kyle. The extract went as follows: “If you have no capacity for violence then you are a healthy […]
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Have you hugged your Adviser today?
Being a Certified Financial Planner/Wealth Manager at Harbour Wealth is the ‘easiest’ hardest job in the world. The easy part being that if you can build strong, solid relationships and hold up your end of the bargain in terms of meeting the expectations of your clients, you can keep them for life. Plus, you derive […]
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Effective Annual Cost
“Never invest in an Investment you can’t understand.” and “Beware of Geeks bearing formulas.” Warren Buffett Harbour Wealth clients may have already noticed a new acronym floating around the financial services space – EAC! At first glance it may look like another convoluted formula, designed to pull the wool over our eyes. It is, however, anything […]
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