WHEN I was a recently qualified chartered accountant stepping onto the JSE floor on 1 February 1972 as a runner, I didn't dare to dream of the amazing career I've had, the incredible people I've worked with, and of the dramatic ebbs and flows of the markets as they've responded to history in the making each day.
I still choose to learn new things every day, but in the last five decades of working in what's got to be one of the most exciting jobs around, I've learned a few key things that have stayed true through the years, no matter what was going on in politics anywhere in the world!
Build wealth, don't preserve it
Preserving wealth for your retirement is simply not enough. Most of us now live longer than we planned for, and I've seen so many people who didn't focus on building wealth have to dramatically downsize their lifestyles in their later years, simply because they lived longer than they (or their financial adviser) planned them to.
Management is everything
Denne historien er fra March 2022-utgaven av Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 2022-utgaven av Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Hack' your money psychology
Spending too much money? Tempted by sales? These money psychology hacks’ can help
Accounting tips for small businesses
It's important to properly manage your business finances
KIDS AND MONEY: FIVE WAYS TO START THE CONVERSATION
WHEN IT comes to teaching young children about the world, parents may feel that some topics—like politics and religion—are too tough to broach.
REDUCE THE PAIN OF DOWNSCALING
Investing in a holiday home as a retiree
THE RISKS INVOLVED IN INVESTING
Finding the balance between eating well and sleeping well
TESLA: WHY IT MIGHT BE TIME FOR MUSK TO GO
What 2023 holds for the electric vehicle company
FINDING SOMEONE TO STEP INTO YOUR SHOES
The Eskom crisis demonstrates again the importance of proper succession planning—loDSA
BORROWING MONEY ISN' ALWAYS A BAD THING
On the contrary, debt can be a sensible way to build wealth
WILL SOLAR POWER INCREASE THE VALUE OF YOUR HOME?
The upfront investment is high, which you'll want to recover when you sell
WHERE NEXT FOR THE GLOBAL ECONOMY?
Why central banks face an epic battle against inflation in 2023
