Every man will have several opportunities to be a hero during his lifetime. The trick is to spot them. They usually come disguised as crisis’s, irritating annoyances, economic disasters, dangerous enemies, threatening circumstances and all kinds of other undesirable situations. Opportunity is a master of disguise. This strawberry is part of the Wisdom Strawberries series. [...]
The Budget Planner Excel Spreadsheet is a powerful accounting and budgeting spreadsheet that works equally well with Microsoft Excel and OpenOffice.org‘s Calc. You can use it to draw up a budget, keep track of your income, expenses and transfers between accounts, and see how your actual income and expenses compare to the amounts you budgeted. [...]
This page shows the current bank repurchase rate, as well as a graph and table of the repo rates in South Africa, since 1999. swfobject.embedSWF(“/common/open-flash-chart/open-flash-chart.swf”, “chart_repo_rate”, “560″, “200″, “9.0.0″, “expressInstall.swf”, {“data-file”:”%2Fcommon%2Fcharts%2Frate_chart.php%3Fchart%3Drepo_rate_chart.php”} ); The repo rate was last updated on document.write(latest_repo_rate_date);. The current repo rate is document.write(latest_repo_rate);%. Repo Rate Graph This is a graph of the [...]
This page shows the current prime interest rate, as well as a graph and table of the prime interest rates in South Africa, since 1948. swfobject.embedSWF(“/common/open-flash-chart/open-flash-chart.swf”, “chart_prime_rate”, “560″, “200″, “9.0.0″, “expressInstall.swf”, {“data-file”:”%2Fcommon%2Fcharts%2Frate_chart.php%3Fchart%3Dprime_rate_chart.php”} ); The prime interest rate was last updated on document.write(latest_prime_rate_date);. The current prime interest rate is document.write(latest_prime_rate);%. Prime Interest Rate Graph This is [...]
An asset is something that has value and is owned by an entity. Assets add to the net worth of the entity that owns it. The entity that owns an asset can be a person, a company, or any other type of organization. Asset Examples of assets are cars, buildings, land, machines, equipment, cash and [...]
This is just a quick post to say that I’ve updated the Retirement Calculator. It is now possible to find any missing value, not just the amount you need to save each month in order to retire. With the new version of the tool it is possible to find the: Required Monthly Investment Earliest Retirement [...]
A friend, who is currently living in New Zealand, recently sent me this email: Hi Francois I just played with your retirement calculator. Some scary stuff. I’ve had a concern about investing overseas for a while now. NZ and UK have capital gains tax on sale of shares and on dividends and these are not [...]
I wrote a dismal post a while ago about the fact that most South Africans will retire in poverty. Are you saving enough to be able to retire, without having to significantly lower your standard of living? Use this tool to find out: Retirement Calculator. The tool will calculate the amount you need to be [...]
An entity’s net worth (also referred to as “net asset value” or “NAV”) is the value of the entity’s assets minus the value of its liabilities.Net worth = total assets – total liabilities. Net worth The net worth of any entity (a business, a NGO, a person, or any other legal entity), is the amount [...]
The South African Reserve Bank (SARB) is a privately owned central bank. In fact, it is possible for almost anyone to buy shares in the SARB. Since its establishment, the Reserve Bank has always been privately owned. Today the Bank has more than 630 shareholders and its shares are traded on an Over the counter [...]
