Skip to content

Personal Investing

Personal Investing

Dispelling the myths – model portfolios and CGT

Capital Gains Tax was introduced to the South African Income Tax Act, 1962 (‘the Act’) from 1 October 2001 and is applicable to capital gains made after that date. The Act sets out the basis for taxing the capital gains arising from the disposal of an asset.

Personal Investing

When investing offshore do not overlook the importance of estate planning

South Africa is a small economy when seen in a global context, with only 0.5% of world GDP according to a Goldman Sachs report. It should therefore not come as a surprise that increasingly, more South Africans have decided to further diversify their investments by investing in global markets.

Personal Investing

How to reduce the number of accidents – do not forget your time horizon

The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion in 2020 – the highest ever in the 55-year history of the industry. The majority of the flows (86%) went into interest bearing portfolios i.e. money market and income portfolios. This should not come as a surprise as these portfolios have been the best performing ‘asset class’ in the local market over the past three to five years.

Personal Investing

Part 3: Tax deductible contributions – contributing more than what is allowed

In the final part of a three-part series we briefly discuss a number of factors to consider when retirement contributions are more than the amount allowed under Section 11F of the Income Tax Act. This series of articles focuses on Section 11F of the Income Tax Act – deduction of contributions to retirement funds.

Personal Investing

Listed property sector – REITS in South Africa

“A regular company makes profit and pays taxes on its entire profit. There-after, the decision is made as to how to
allocate after-tax profits between dividends and reinvestment. A REIT simply distributes all of its profits and gets to skip
the taxation”

Personal Investing

The pitfalls of emotional investing

Since investors rarely behave according to financial and economic theory, behavioural finance has grown over the past twenty years. Most investors know that emotion affects the way in which investment decisions are made – and that greed and fear play a large role in driving investment markets.