Recent content by FinancialAdvisor

  1. FinancialAdvisor

    Quick Lockdown Survey - Win R3,000 cash

    Done
  2. FinancialAdvisor

    South African Fibre-to-the-Home Survey – Win prizes worth R10,000

    Done
  3. FinancialAdvisor

    advice on TFSA

    No, it doesn't. Only an actual contribution from the client is seen as using the annual allowance. Basically the 12 month fixed period began again. Nothing to worry about.
  4. FinancialAdvisor

    What would you invest in with 50k a month?

    Okay so this is a fantastic scenario. So I'm going to make the assumption that you are putting funds away in order to retire ASAP. The next step would be to ask what your tax deductible RA contribution is (are you utilising the full 27.5% of your taxable income )? Are you currently investing...
  5. FinancialAdvisor

    What would you invest in with 50k a month?

    Okay so this is a very open question with almost no information given but I will give my opinion/ pointers. One of the first things you need to look at is, what is your goal? Is this money going to be invested for the long term or more of a short term? Why are you saving this money? Is it for...
  6. FinancialAdvisor

    Sanlam fees/costs/penalties

    Good day Please note that you will not see any fees/ costs or penalties when just looking at the fund. You will have to look at what type of investment you are invested in. Is it a retirement annuity? An endowment? A normal unit trust investment? Different type of investments have different...
  7. FinancialAdvisor

    advice on TFSA

    Okay so let's tackle the first problem I see with the above question. You have to be a South African tax resident to open a Tax Free Savings Account. If and when (looking at your scenario) you are a South African tax resident you can start looking at what tax free investment account is the...
  8. FinancialAdvisor

    If you had to win R5 million in the lotto, what would be the wise thing to do with it?

    Winning R5 Million sounds like anyone's dream. A few steps that can be taken into consideration when winning that much money is: 1. Get rid of any debt you may have. 2. Talk to a registered financial advisor. This advisor will give you more clarity on how you can proceed with the money. Some...
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