Under-saving for retirement remains an issue in South Africa, and the majority of people cannot afford to retire, let alone continue to support their current lifestyle, a new study by Genesis Analytics and the Financial Sector Conduct Authority (FSCA) shows. Genesis Analytics noted only 12% of the 3.6 million individuals in the retired age group receivedContinue reading “YOU SHOULD’VE STARTED TO SAVE FOR YOUR RETIREMENT”
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TFSA – THE BEST WAY TO START BUILDING YOUR PORTFOLIO
THE BEST OPTION FOR LONG TERM SAVINGS: As a result of our low savings rate, the government introduced a tax-free savings program in 2015. It aims to encourage South Africans to save by providing an incentive for them to do so, which is that all proceeds earned, including interest income, capital gains, and dividends –Continue reading “TFSA – THE BEST WAY TO START BUILDING YOUR PORTFOLIO”
First Investment 