Martin Eksteen Jordaan Wessels cc FSP 12406

26/02/2018

Summary of 2018 Budget

18/05/2016

These seven common investor behaviors and biases could potentially overturn years of good decision making for your retirement.

06/04/2016

The changing risks of retirement are the primary differentiator of retirement income planning from traditional wealth management.

25/02/2016

People make mistakes. It’s called being human. Few would be surprised to learn that one in five Australian motorists have been involved in at least one car accident in the last five years, based on...

28/12/2015

What is really important?

For South African investors December was quite an emotional roller-coaster. From the moment news broke that the Minister of Finance was fired the Rand plunged to new lows against all the major currencies, bond and equity markets reacted negatively and emotion took over the investment decision making proses.

We know money is highly emotional and the worst financial decisions are normally made when those decisions are based on emotion. The events of December made me wonder if my advice to clients is still relevant anymore. Why not just move all our investments offshore, pack up and leave? However this thinking process is typical of emotionally based investment decisions.

This morning I came across the following quote by Warren Buffett.

"Someone is sitting in the shade today because someone planted a tree a long time ago."

This made me realise that we need to keep to our long-term goals and not let short term price volatility and emotions get the better of us. The age of a tree is determined by counting the year-rings. Some of these year-rings is wide and normally lighter of colour. This wider, lighter coloured year-rings correspond with periods of rapid growth and conditions conducive to growth. The darker thinner year-rings corresponded with periods of slow growth and droughts. For the tree to become a big tree with lots of shade to sit under it stays in the same place and does not pack up and move every time there is a drought.

Investments are just like trees; there will be times of rapid growth and there will be periods of slow growth or consolidation. 2009 to 2014 was a period of rapid growth. Since the beginning of 2015 investment markets have not performed and this will most probably stay with us for the foreseeable future. Just like trees, we don’t know when the drought will end and the next rainy season will start. We cannot predict the investment markets. However if we stick to our long-term plan and not let our emotions get the better of us, we will have the best chance of reaching our long-term goals.

My advice for 2016 is “plant a tree” and if you already have a tree “look after it”. In the long run it will give shade to sit under.

26/10/2015

https://personal.vanguard.com/us/insights/article/retirement-savers-102015

Retirement experts Colleen Jaconetti from Vanguard Investment Strategy Group and Wade Pfau from The American College share some tips about how to prepare for retirement.

02/10/2015

At one time or another, we all get overconfident, or have trust issues. But retirement savers can’t afford to let these behaviors sabotage their investment strategies. Here are 5 critical retirement investing mistakes and how to avoid them.

25/09/2015

Designing a proper goals-based portfolio requires assessing goal risk first, to ensure it is consistent with risk tolerance on the risk capacity spectrum.

11/09/2015

Watch out for the deadly sins of investing. Here's how to protect yourself from being led astray and protect your assets from bad investment strategies.

08/09/2015

value_of_financial_advice-final_book.pdf - http://cdn2.hubspot.net/hubfs/466261/value_of_financial_advice-final_book.pdf?t=1441046264265&utm_campaign=Value+of+Financial+Advice+ebook&utm_source=hs_automation&utm_medium=email&utm_content=21267295&_hsenc=p2ANqtz-9xAORMzT-p_UcQL_gNvhHfRYGb2IDuXUth5DxSXTL_M6RDchxHq8vVtnHQKZ4guYH__8oIhrNySAicIRrDzrPK_gstlA&_hsmi=21267337

06/09/2015

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05/09/2015

Those entering retirement are crossing the threshold into an entirely foreign way of living, where they are vulnerable to several risks unique to retirees.