If you are investing money, you don’t have to use a financial adviser (or planner); you can do it directly through most asset managers, if you know what you want. But a good adviser is worth the expense if you are looking beyond a once-off investment, for a long-term financial plan that ensures that you and your family are financially secure well into the future and into your retirement. So when should you seek counsel on your finances? Marais lists five prompts: 1. You want to put a plan in place, but you have no idea where to start. “A financial adviser can help you to develop a long-term plan that meets your objectives,” Marais says. “An independent professional can help you to shape your future commitments into realistic goals. He or she will also help you to keep on track in uncertain times. If your circumstances don’t change, your plan shouldn’t change.” 2. You need to choose an investment product, but you suffer from analysis paralysis. The trouble with today’s investment market is that there is so much choice, not least between active investments (in which an expert fund manager chooses the underlying securities) and passive investments (funds that track a market index and require no research or selection on the part of the fund manager). “Different products suit different investment objectives – some have tax benefits and others have restrictions that you need to be aware of before committing your money, Marais says. “While researching every product available is not impossible, it can be overwhelming and time-consuming. An adviser will assist you in working through the options and making choices suitable for your situation,” she says. To get an appointment with our Financial advisor, please contact Kevin or Ray, email: invest@daberistic.com tel no: (011 658-1333) Source: Personal Finance
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What is the fund’s objective? The Fund aims to outperform global stock markets over the long term, without taking on greater risk. Its benchmark is the FTSE World Index, including income. How Allan Gray aims to achieve the Fund’s objective? The Fund invests only in the Orbis Global Equity Fund. The Orbis Global Equity Fund is managed to remain fully invested in selected global equities. Orbis uses in-house research to identify companies around the world whose shares can be purchased for less than Orbis’ assessment of their long-term intrinsic value. This long-term perspective enables Orbis to buy shares which are shunned by the stock market because of their unexciting or poor short-term prospects, but which are relatively attractively priced if one looks to the long term. This is the same approach as that used by Allan Gray to invest in South African equities, except that Orbis is able to choose from many more shares, listed internationally. Suitable for those investors who • Seek exposure to diversified international equities to provide long-term capital • growth • Wish to invest in international assets without having to personally expatriate rands • Are comfortable with global stock market and currency fluctuation and risk of • capital loss • Typically have an investment horizon of more than five years • Wish to use the Fund as a fully invested global equity ‘building block’ in a • diversified multi-asset class portfolio To invest in Coronation Fund, please contact Kevin or Ray, email: invest@daberistic.com tel no: (011 658-1333) Source: Allan Gray Investment options will not be complete without a discussion on Bitcoin, or cryptocurrencies.
Bitcoin has created a lot of interest and hype. While I personally don’t consider Bitcoin as an investment option, it is the latest development in the financial world, and it is here to stay. According to Wikipedia, Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group using the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. On 1 August 2017 Bitcoin has split into two in an event known as a “hard fork” that has divided the virtual currency’s online community. Two competing strands of bitcoin emerged after some of its leading backers disagreed on the best way to take it forward. So now there are Bitcoin and Bitcoin Cash. The alternative cryptocurrencies are Ethereum, Ripple and Litecoin. All the mainstream fund managers surveyed in South Africa don’t consider Bitcoin as an investment. My good friend and fellow MDRT member Kobus Kleyn has written an excellent article on Bitcoin, I encourage you to read it and research further to form your own opinion: https://www.linkedin.com/pulse/bird-planeis-bubble-evaporating-from-going-sky-high-kobus-kleyn-cfp-/ Please note that our Short Term service providers will not be accepting new applications from 15 November 2017 - 15 January 2018 for any Commercial and Domestic policies. This only applies if you currently have no insurance but if you moving from one insurer to another cover can provided for. The service providers are; Santam, Momentum, Discovery Insure, CIB, Guard Risk and Brolink To ensure that you have cover before the deadline please submit your application by 14th November 2017, please contact Jan or Po-Lin in our Short Term department shortterm@daberistic.com tel no: (011) 658 – 1333 Medical schemes have various benefit plans available to members. Members have to choose between hospital plans, hospital plans with a savings component (New Generation Options), traditional plans, comprehensive plans and network plans. If your savings benefit is quickly depleted at the beginning of the year and you have to pay for expenses out of your own pocket, or if your option is too expensive, it would be worthwhile to reconsider your particular medical plan. Certain schemes allow migration to other options mid-year, while others allow such changes only at the end of the year. Traditional Plans Cover almost all medical expenses and include benefits for in-hospital, day-to-day expenses and chronic medication, subject to the rules of the scheme. These plans are recommended for individuals or a family who wants comprehensive cover, but does not want a savings benefit on there option. These options still cover emergencies, hospitalisation, day-to-day expenses and chronic medication. Comprehensive Plans These options have a savings component and cover almost all medical expenses and include benefits for in-hospital, day-to-day expenses and chronic medication, subject to the rules of the scheme. These plans are recommended for individuals or a family who want comprehensive cover for emergencies, hospitalisation and day-to-day expenses and that makes use of quote a lot of chronic medication. Basic Hospital Plans Cover accounts submitted by service providers only for in-hospital expenses. You are responsible for your own day-to-day medical expenses, including emergency ward treatment. Hospital plans cost considerably less than comprehensive medical plans. However, Heydenrych recommends that you first determine the difference between the premium of a hospital plan and that of a comprehensive plan before making your choice. Please contact Namhla or Tammy in our Health Department, email health@daberistic.com , to find out about different Medical aid options Source: medicalaid.co.za contributions 2018BENEFITS
Please contact Namhla or Tammy in our Health and Wellness Department, email health@daberistic.com , if you have any queries about Gap cover
Please contact Namhla or Tammy in our Health and Wellness Department, email health@daberistic.com , if you have any queries about Bonitas enhancements Source: Bonitas |
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