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It seems only yesterday I was penning the opening lines of the first newsletter for 2009. Time has flown by since. During this eventful year South Africa welcomed a new president – the economy dipped into and out of recession – Tannenbaum took dozens of w
South Africans are all too familiar with the Reserve Bank’s main weapon against inflation – interest rates. The bank ups interest rates whenever it feels the domestic economy – as measured by CPI – is overheated. And it cuts interest rates when it feels p
In 1961 a wordless black and white comic strip titled Spy vs. Spy debuted on the pages of Mad Magazine. Created by Cuban national, Antonio Prohias, the strip was symbolic of the Cold War that raged between Russia and the United States at the time. Prohias
Most financial planners will advise you to stay invested for as long as possible to maximise equity returns. They argue that over a period of 30-years, for example, you will avoid the wild market volatility that so often decimates short-term returns. It’s
What do you believe will be the biggest challenge when the COFI framework is finally implemented?