We’ve all heard (but perhaps not all of us have remembered!) how online scammers worldwide have been targeting property transactions because of the substantial amounts of money involved.
In this article we discuss how these scams work, how to spot them, how to avoid them, and the legal aspects of who is responsible (and who must bear the loss) if you are scammed.
An Economic and Market overview of August 2023 from Analytics Consulting.
More and more South Africans are looking into buying property overseas – either outright or as part of a consortium.
While this can be a great source of extra income (in a foreign currency to boot) it can also be more heartache than it’s worth. And don’t assume that you can simply move the family to your foreign property if it ever comes to that.
Many people are put off budgeting because they think it is just about limiting what they can spend their money on. They see it as a constraint.
That’s why it’s a good idea to think about budgeting differently – not in terms of what you can’t spend on, but rather directing money towards what is most important to you.
While the words “rich” and “wealthy” are often used interchangeably, they should be seen as different things.
True wealth goes beyond just having money. It encapsulates living a life that focuses on all aspects of your wellbeing.
Tax is one of the most important aspects of financial planning.
The donations tax allowance is one of the most under-utilised exemptions, and it’s available to everyone.
Read on to find out how to take advantage of it.
The much talked about two pot system for retirement savings hasn’t even come into being. And now government’s proposing a three-pot system (although they’re still calling it a two-pot system).
Read on for an in-depth discussion of the pros and cons of the pending changes to retirement planning in South Africa.
An Economic and Market overview of June 2023 from Analytics Consulting.
South Africa has some serious problems, and there’s little sign of them getting better.
So, what should a South African investor do in this situation?
The results are in, and incredibly, Centric Wealth Advisory has improved on its stellar 2022 showing at the Intellidex Top Private Banks and Wealth Managers Awards.
An Economic and Market overview of May 2023 from Analytics Consulting.
After working for forty years, the time has come to make really important decisions about how you’ll manage your retirement funds to ensure that your golden years are all you’d hoped for.
As always, knowledge is power. Let’s look at the key features of Life and Living Annuities (and the new-fangled combo option) to help you select what’s best for you.
Money can be one of the biggest sources of conflict in a relationship. When partners disagree about how to manage their finances, what to spend on, and how to save, it can create tension that is very difficult to resolve.
Being able to communicate honestly and openly about money should therefore be foundational for any couple. It should be something that is prioritised from the start.
An Economic and Market overview of April 2023 from Analytics Consulting.
When people talk about wealth, they tend to think of material possessions. But true wealth requires a mindset that goes beyond just accumulating money.
Read on to learn how to think differently about wealth and why it is about more than just your finances.
A Living Will is a document describing your preferences for medical treatment if you are terminally ill or critically injured and are unable to communicate.
Read the rest of this article, written by people with first-hand experience of the topic, for a quick crash course…
Many people, when they hear about financial ‘risk’, think automatically about the chance of being defrauded and the horrible prospect of not getting all their money back.
Read on to learn more about the ins and outs of risk – and discover how and when to use it to your advantage.
Many parents worry that it’s too early to talk to their children about money. But the truth is that it is never too early.
Money habits are formed at a very young age. Research shows that many of the ways we think about finances can be formed even before we go to school.
An Economic and Market overview of March 2023 from Analytics Consulting.
There has been a lot of excitement recently about the development of artificial intelligence (AI) language models. The most well-known of them is ChatGPT, which reached 100 million users in just two months after its launch.
People are using the tool for everything from writing documents to complicated computer coding. Many are saying that the productivity gains that AI offers could be remarkable.
We’ve all heard (but perhaps not all of us have remembered!) how online scammers worldwide have been targeting property transactions because of the substantial amounts of money involved.
In this article we discuss how these scams work, how to spot them, how to avoid them, and the legal aspects of who is responsible (and who must bear the loss) if you are scammed.
An Economic and Market overview of August 2023 from Analytics Consulting.
More and more South Africans are looking into buying property overseas – either outright or as part of a consortium.
While this can be a great source of extra income (in a foreign currency to boot) it can also be more heartache than it’s worth. And don’t assume that you can simply move the family to your foreign property if it ever comes to that.
Many people are put off budgeting because they think it is just about limiting what they can spend their money on. They see it as a constraint.
That’s why it’s a good idea to think about budgeting differently – not in terms of what you can’t spend on, but rather directing money towards what is most important to you.
While the words “rich” and “wealthy” are often used interchangeably, they should be seen as different things.
True wealth goes beyond just having money. It encapsulates living a life that focuses on all aspects of your wellbeing.
Tax is one of the most important aspects of financial planning.
The donations tax allowance is one of the most under-utilised exemptions, and it’s available to everyone.
Read on to find out how to take advantage of it.
The much talked about two pot system for retirement savings hasn’t even come into being. And now government’s proposing a three-pot system (although they’re still calling it a two-pot system).
Read on for an in-depth discussion of the pros and cons of the pending changes to retirement planning in South Africa.
An Economic and Market overview of June 2023 from Analytics Consulting.
South Africa has some serious problems, and there’s little sign of them getting better.
So, what should a South African investor do in this situation?
The results are in, and incredibly, Centric Wealth Advisory has improved on its stellar 2022 showing at the Intellidex Top Private Banks and Wealth Managers Awards.
An Economic and Market overview of May 2023 from Analytics Consulting.
After working for forty years, the time has come to make really important decisions about how you’ll manage your retirement funds to ensure that your golden years are all you’d hoped for.
As always, knowledge is power. Let’s look at the key features of Life and Living Annuities (and the new-fangled combo option) to help you select what’s best for you.
Money can be one of the biggest sources of conflict in a relationship. When partners disagree about how to manage their finances, what to spend on, and how to save, it can create tension that is very difficult to resolve.
Being able to communicate honestly and openly about money should therefore be foundational for any couple. It should be something that is prioritised from the start.
An Economic and Market overview of April 2023 from Analytics Consulting.
When people talk about wealth, they tend to think of material possessions. But true wealth requires a mindset that goes beyond just accumulating money.
Read on to learn how to think differently about wealth and why it is about more than just your finances.
A Living Will is a document describing your preferences for medical treatment if you are terminally ill or critically injured and are unable to communicate.
Read the rest of this article, written by people with first-hand experience of the topic, for a quick crash course…
Many people, when they hear about financial ‘risk’, think automatically about the chance of being defrauded and the horrible prospect of not getting all their money back.
Read on to learn more about the ins and outs of risk – and discover how and when to use it to your advantage.
Many parents worry that it’s too early to talk to their children about money. But the truth is that it is never too early.
Money habits are formed at a very young age. Research shows that many of the ways we think about finances can be formed even before we go to school.
An Economic and Market overview of March 2023 from Analytics Consulting.
There has been a lot of excitement recently about the development of artificial intelligence (AI) language models. The most well-known of them is ChatGPT, which reached 100 million users in just two months after its launch.
People are using the tool for everything from writing documents to complicated computer coding. Many are saying that the productivity gains that AI offers could be remarkable.
Please be aware of individuals impersonating Centric Wealth Advisory on Instagram, Telegram and other social media platforms. We do not solicit investments, request deposits or facilitate investment transactions through social media. If you are contacted by someone claiming to represent Centric Wealth Advisory, do not transfer funds or share personal information. Please verify any communication using the official contact details published on this website.
