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Covid-19 fallout: We are cashing into our savings and investments By Opinion Share South Africans under pressure as a result of Covid-19 and the subsequent nationwide lockdown are making hasty financial decisions that could have worrying long term effects. According to the latest Momentum Household Wellness Insights Report, dipping into precious savings and investment reserves were revealed as one of the top five selected coping strategies of households during lockdown. However, understanding inherent biases that impact our decision making – especially in times of fear – could help us to avoid further costly money decisions. This is according to Paul Nixon, Head of Behavioural Finance at Momentum Investments, who says that the report indicates that nearly half of South African households experienced financial challenges over this period, such as a reduction in household income, or a struggle to pay debts. “This level of pressure also spills over into th ....
We are cashing into savings and investments to cope with Covid-19 - Study By Opinion Share South Africans under pressure as a result of Covid-19 and the subsequent nationwide lockdown are making hasty financial decisions that could have worrying long term effects. According to the latest Momentum Household Wellness Insights Report, dipping into precious savings and investment reserves were revealed as one of the top five selected coping strategies of households during lockdown. However, understanding inherent biases that impact our decision making – especially in times of fear – could help us to avoid further costly money decisions. This is according to Paul Nixon, Head of Behavioural Finance at Momentum Investments, who says that the report indicates that nearly half of South African households experienced financial challenges over this period, such as a reduction in household income, or a struggle to pay debts. “This level of pressure also spills over into ....
Apr 30, 2021 South Africans under pressure as a result of Covid-19 and the subsequent nationwide lockdown are making hasty financial decisions that could have worrying long-term effects. According to the latest Momentum Household Wellness Insights Report, dipping into precious savings and investment reserves were revealed as one of the top five selected coping strategies of households during lockdown. However, understanding inherent biases that impact decision-making – especially in times of fear – could help us to avoid further costly money decisions. This is according to Paul Nixon, head of behavioural finance at Momentum Investments, who says that the report indicates that nearly half of South African households experienced financial challenges over this period, such as a reduction in household income, or a struggle to pay debts. ....
Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. OkCupid; Hinge; Match Group; Tinder; Plenty of Fish; Samantha Lee/Insider Match Group owns Tinder, OkCupid, and every other big online dating site in the US except Bumble. Bumble s CEO, an ex-Tinder executive, sued Match Group s parent company for discrimination in 2014. Here s how Match Group went from a failing dating site for Boomers to the country s largest online dating conglomerate. Online dating can be messy. The companies that run online dating can be messier. Match Group, which started as one lonely Stanford Business School graduate s attempt to build a less embarrassing way to find love online in the 90s, has turned into a titan that owns nearly every US dating site. ....