Latest News

Latest News

 

  • November 2024 | 6 Winning Strategies That Top Investors and Elite Endurance Athletes Share
    by Accredinet Financial Solutions (Pty) Ltd on November 1, 2024 at 12:00 am

    A recent survey from the US reveals that people who do endurance sport as a hobby earn three times more than the average person. Surprising?  Initially, perhaps. But when you look closer, the traits that fuel success on the trail often mirror those that drive wealth building. Read on for six habits that top investors and elite athletes share.South Africans tend to fixate on the performance of the rand. We’ve all become used to our currency losing value. Can you believe that 20 ...

  • October 2024 | With Gold at Record Highs, Should You be Investing?
    by Accredinet Financial Solutions (Pty) Ltd on October 1, 2024 at 12:00 am

    Many South African investors have a strong affinity for gold. And the recent gains in the gold price have also got a lot of people excited. Gold has never looked this good. But it’s important to understand that while gold itself is easy to understand, there is a lot to think about when investing in the precious metal. In this article, we look at the pros and cons of gold as an investment, and how you can get some of it into your portfolio – if it’s the right choice for you.&n...

  • September 2024 | The Big Question: Should You Buy a Home or Rent One?
    by Accredinet Financial Solutions (Pty) Ltd on September 1, 2024 at 12:00 am

    Our clients often ask us whether renting or buying a home is preferable, and the answer is not straightforward.  Renting and owning are fundamentally different in almost every aspect of finding a place to live. The responsibilities, costs, and rewards for renters and owners vary greatly – as do our clients' lifestyles, goals, and needs.  Understanding these variables is crucial to making an informed decision.As your wheel of life turns, your financial needs, goals and focuse...

  • August 2024 | Three Pot System 101: What You Need to Know Before 1 September
    by Accredinet Financial Solutions (Pty) Ltd on August 1, 2024 at 12:00 am

    We're ready to help you navigate the “three-pot system,” (often referred to as a two-pot system) which will be implemented on 1 September this year. This change in the law is meant to help you harmonise your long-term savings with short-term financial agility, enabling you to navigate immediate financial challenges while fortifying your future security.  But how will it work in practice?As financial advisors we work with lots of different people. Although no two situations ar...

  • July 2024 | Why the Marshmallow Effect Could Derail Your Retirement Plans
    by Accredinet Financial Solutions (Pty) Ltd on July 1, 2024 at 12:00 am

    The “marshmallow effect” gets its name from a fascinating 1960s experiment which used marshmallows to test preschoolers’ ability to delay gratification.  In financial planning, delayed gratification means resisting the temptation to spend money immediately and instead saving or investing for future benefits. This article explains how to measure your ability to delay gratification, before giving practical tips on playing the long game.In today's digital age, phishing s...