Welcome to Capital Minds

Capital Minds is all about Capital, Money, Investments, Markets, Financial Planning and ofcourse, the Economy. We feature distinct articles for the Modern Intelligent Investor... We will help you in order to build a stable finanical plan for you, and your family!

IMF cuts sub-Saharan Africa 2012 growth forecasts (Moneyweb)

Citing global financial distress and a sluggish recovery in South Africa.

Sub-Saharan Africa’s economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a sluggish recovery in South Africa, the International Monetary Fund (IMF) said on Monday.

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5 Critical Financial Planning Tips for 20-Somethings…

You’re never too young to start!

You’re never too young to start planning for your retirement. In fact, most financial planners bemoan the fact that clients often wait too long to start saving for their golden years.

This procrastination can result in more aggressive (risky in other words) investment strategies that can leave older investors more vulnerable to short-term fluctuations in the market that diminish their retirement savings.

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Virgin Galactic trip to space has R1.5m price tag- Something to save or work for…

At US$200,000 (approximately R1.5 million) a pop, reservations are open for South Africans who fancy a trip to space, Virgin Galactic said on Wednesday.

 

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SARS mum on Malema allies tax inquiry…

SARS declined on Monday to comment on reports that several businessmen linked to suspended ANC Youth League leader Julius Malema were to appear before a secret judicial inquiry for suspected tax evasion.

“The SA Revenue Service (SARS) has consistently held the position that it does not and cannot comment publicly on the affairs of any taxpayer regardless of whether it is a business, a trust or individual taxpayer,” spokesman Adrian Lackay said.

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BrightRock- Life Insurance, plain and simple…

I had the opportunity to sit in on a presentation this morning… And I think I should share it with my readers. Ever heard of Brightrock? Propably not… But I think you will hear the name soon… It’s customized, tailored, plain and simple and easy to understand.

Wish I had the time to go into dept and explain the features and benefits of this new Life Insurer, I will try to use other sources to highlight some of the benefits… The good news is that we will be selling this product to our clients, so we can set up an appointment to discuss it in detail.

Here is a good article written by Maya Fisher-French in the Mail & Guardian.

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Five Financial Goals Every Boomer Should Make…

There are more than 10 million baby boomers reaching retirement age, and we are a diverse bunch: some of us plan to hit the road and see the world, others are heading back to the classroom, and some of us are even starting our own business as encore careers.

The retirement of the baby boomer generation, which starts this year, could have far-reaching implications for the global economy and will probably redefine how we think about retirement, an actuary in the retirement industry says.

This year, the first baby boomers will turn 65, Craig Aitchison, the managing director of Old Mutual Actuaries and Consultants, says.

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Fifth consecutive month of house price growth:ooba

Property prices showed positive year-on-year growth of 1.6% in March, as well as positive month-on-month growth of 0.7%, making this the fifth consecutive month ooba has recorded an increase in residential property prices.

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Why you need a Financial Advisor…

Do I Need A Financial Advisor?

Let’s start with a more fundamental question: how much can I improve my financial situation? You might be thinking, “I have a good salary, I pay my bills on time, I know how to do my taxes, I have insurance… I’m handling my finances pretty well; spending time and money on financial planning is not worth it for me.” Many people think this way, but often it is because of a lack of awareness of financial opportunities and best practices. Indeed, time spent devising and implementing a well-researched and sound financial plan will likely yield:

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Time Management for Creative People- Free E-book

A well written E-book that I would like to share with our readers.

Author: Mark McGuiness

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Need a Medical Aid? 10 reasons why you should have a medical aid… (Get in touch for a quote)

A good article published on health24, I thought I should share it with our readers. If you are interested in a medical aid quote please feel free to contact me so that I can schedule an appointment with you. 

Think about a medical worst-case scenario. You’re trapped under a truck, your head is bleeding and you are sure your leg is broken in at least one place. There are sirens, ambulances, the fire brigade, and the last thing you remember before waking up in the ICU is being put on stretchers.

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Provide for your medical expenses in retirement

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So you received your annual increase letter from your medical aid and it brought home a stark reality: medical inflation is 9.8%, far steeper than general inflation at 6.3%. This means that medical contributions and expenses could present a formidable challenge by the time you retire, and you need to save a little extra for as long as possible before retirement.

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The cost of education: doing your sums

I came across this article this morning on Timeslive, written by Nico Coetzee from PPS Investments and thought that I should share it. Parents don’t  understand the importance of an education plan for their children and this article highlights the cost’s involved.

A good read!

When it comes to our children’s education, there’s more to think about than securing a good high school placement or supporting our children in achieving a successful matriculation, writes Nico Coetzee from PPS Investments.

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The Ante Nuptial contract with accrual system- Marriage act’s in South Africa

The most important concern for partners when getting married may be whether they have found the right person. Secondly, now that you are getting married, let’s talk business…

Do you know the different marriage regimes in South-Africa; you are getting married so you should know them, right? Most South-Africans know the different marriage acts, but do you understand them? Do you know what the consequences will be when you get divorced or when one party passes away?

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Old Mutual eyes African expansion…

London – Insurer Old Mutual [JSE:OML] fired the starting gun on an ambitious African expansion strategy, encouraged by the continent’s robust economic growth as it reported a 17% jump in its 2011 earnings.

London-listed Old Mutual, an Anglo-South African financial conglomerate with insurance, banking and asset management businesses across four continents, has identified “exciting growth opportunities” in Africa, it said on Friday.

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Interview on Channel Islam International- Importance of budgeting

Interview with Channel Islam International on the importance of budgeting.

PBC