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Sharing knowledge that helps people make better investment decisions is a huge reward factor for Nicholas Riemer. The 31-year-old heads the investment education space within FNB Wealth and Investments, and lectures on certain financial topics to UJ, Monash as well as the South African Institute of Chartered Accountants (Saica) board courses when time permits. Nicholas Riemer, head of education, FNB Wealth and Investments South Africa has a poor savings culture, what would your top three tips for young people to start building a secure financial future? Instead of three I would like to include my top six tips as these points the full picture when looking to secure your financial future: ....
Last year was a financial wake-up call and millions of people worldwide had to dip into their emergency or retirement savings to see them through lockdowns. ....
Loading Savings and retirement considerations in Covid-19 Nicholas Riemer, Investment Education Head, FNB Wealth and Investments, says with advances in technology and medicine extending lifespans, it is expected that the average person may need to prepare for 20 years of retirement if they retire at 65. Tuesday, 11 May 2021, 07:04 Having a healthy balance of both investments and savings is crucial in retiring comfortably. While starting early is the best strategy, it is never too late to start saving and investing for the long term. BUSINESS NEWS - Saving and investing consistently is essential when planning to build a large enough nest egg to retire comfortably. The latest 10X Retirement Reality Report showed that out of 15 million economically active South Africans, 67% have no retirement plans. ....
Money market vs savings accounts | Zululand Observer zululandobserver.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zululandobserver.co.za Daily Mail and Mail on Sunday newspapers.
Fractional share investing is gaining traction By Opinion By Anna Rich Six-and-a-half years ago, when the Purple Groupâs Easyequities online share investment platform launched, there were 280 000 retail investor accounts on the JSE. âThis figure provides some context to our growth in retail investors over this period,â says Purple Group chief executive Charles Savage. âAcross the platform, we have 380 000 unique investors who manage 500 000 accounts.â In general, barriers to investing in equities include the price of shares and the minimum investment amounts required by institutions. In addition to the option of investing in complete shares, Easyequities offers its own form of fractional share investing. Fractional investing means that those who cannot afford to buy a whole share are now able to invest. This technique is democratising investment, and enables greater diversification. ....