Market Update 2018 was an annus horribilis for global stock markets! Not one stock market in the world produced positive investment returns last year.  The investment guru, Warren Buffet, made the following observation:  “The stock market is a device for transferring money from the impatient to the patient.”  It is in trying times such as these that investors need to make rational investment decisions and be patient. In our newsletter

Goodbye 2018, Welcome 2019 We are back at work and look forward to seeing all our friends, colleagues and clients early in the New Year! If you are in the area please pop in for a cup of coffee and say “hello!” We trust that you and your families have had a blessed Christmas and we wish you all a happy and prosperous New Year. May 2019 bring you peace,

Retirement annuities and Tax-free investments With the end of the financial tax year, fast approaching investors are reminded of the opportunity to minimise their tax liability by contributing into a retirement annuity. The South African Revenue Service (SARS) has put in place tax incentives to help encourage South Africans to save more for their retirement. Investors are able to claim a deduction against their taxable income of up to 27.5%