When performance fees punish

Six nasty hidden pitfalls that hammer your investments Performance fees are becoming an increasingly popular method of charging among asset managers—but there are nasty hidden pitfalls in calculations that can cost investors dearly. A growing number of asset management companies are turning to performance fees as an alternative to fees as a percentage of assets […]

Managing your startup capital

Becoming an entrepreneur is not as easy as waking up with an idea and having money thrown at you to turn it into a reality. Most successful entrepreneurs share the same sentiments – it takes many rejections and disappointments, and plenty of restarts. There are two things this article will explore; how to get startup […]

You should get a financial advisor

It’s not to say you spend finances irresponsibly, but having a reputable financial advisor comes in handy. Depending on your financial needs, your advisor may be a financial or retirement planner, money manager or a wealth manager. Either way, getting assistance from those who specialise will help you get greater returns for the bucks you […]

A SAVINGS RESOLUTION TO STICK TO

At the beginning of every year we always have the best intentions when it comes to financial new years resolutions. We have every intention to keep them and get more serious about our finances. However, we often get lost in that we struggle to find practical solutions on how to  do this and take control. […]

VENTURE CAPITAL COMPANIES – GETTING A TAX DEDUCTION FOR INVESTING

In a bid to encourage financial support for entrepreneurs (or so-called ‘angel investing’), National Treasury introduced section 12J of the Income Tax Act, 58 of 1962. Effectively, section 12J allows as a deduction for income tax purposes any investment by a taxpayer in the shares of a venture capital company (‘VCC’). In other words, taxpayers […]