Multigenerational wealth planning across multiple jurisdictions
Multigenerational wealth planning across multiple jurisdictions
MEDIA
2024 Budget Speech Summary and Key Takeaways
Published Feb 2024 by Legacy Family Wealth
The economic outlook provided in the speech covers both global and domestic perspectives. Globally, moderate growth of 3.2% is forecasted for 2025, attributed to growth in the United States and emerging economies, but there are downside risks due to potential conflicts and faltering growth in China.
Central Banks, Interest Rates & your Investment Portfolio
Published Dec 2022 by Jordan Toy, CFA
For the past year or so interest rates have been front page news and have had a huge impact on most investment portfolios so its worthwhile understanding how interest rates are set, who sets them and why. While it may seem boring, interest rates are essentially the cost of money and impact everything from borrowing and lending to the discount rate used to value stocks – they’re an integral part of the modern financial system and have far-reaching impacts.
Staying One Step Ahead of Inflation this Festive Season
Published Dec 2022 by Jordan Toy, CFA
With price increases across the board as inflation persists globally, it’s certainly been a tough year for most of us. And with the holiday season around the corner, it’s definitely worth understanding what you’re in for cost-wise this December.
Going Rogue – Does it Pay to be 100% Off-Grid?
Published Nov 2022 by Bronson Friedman
As we find ourselves amidst the worst blackouts in South African history, new intel has emerged that Eskom is merely in the infancy stage of collapse, implying that our beloved nation – and the failing power utility – have merely scratched the surface of the monumental challenges ahead. This is subsequently off the back of multiple years of mismanagement, criminality and corruption which will take years, if not decades to rectify.
Grey Listing: The Cloud Hanging Over SA
Published Oct 2022 by Bronson Friedman
In 2021, South Africa once again made international headlines for less than commendable behaviour. While our country’s resilient citizens are known for satirising shortfalls and making alternative plans in the face of adversity, a position on the FATF’s grey list could significantly impact our ability to attract vital economic opportunities.
FTD VS MONEY MARKET
Published Oct 2022 by Jordan Toy
With an abundance of industry jargon out there, understanding your financial investment options can be a complicated affair to say the least.
Predictions that interest rates are expected to rise until at least early next year (2023) means we’ll see a hike in most products and services, but stress not!
Leave A Legacy Podcast Episode #1
Published Oct 2022 by Bronson Friedman
Welcome to the Leave A Legacy Podcast, brought to you by Legacy Family Wealth. A Financial podcast created by South Africans for South Africans.
Our first episode features Megan Harrington-Johnson, Managing Partner, HJW Attorneys Inc. HJW Attorneys was voted “Best boutique law firm of 2021”.
Across the desk – Young Financial advisors
Published Aug 2022 by Jordan Toy
If you’d like to listen, follow the link below:
Inflation and what it means for you
Published May 2022 by Jordan Toy
Inflation and interest rate increases have been the talk of the town for some time now, but what does this mean for South Africans?
Shanghai Supply Chain Snarl
Published April 2022 by Jordan Toy
If you thought standing in a queue at Home Affairs was horrendous then take a look at the number of ships waiting outside the port of Shanghai, China, in the satellite image in this link: Visual Capitalist (each dot you see is a ship). Supply chain snarl-ups were widely publicised in the media at the start of the pandemic but, as this image shows, we’re not out of the woods yet.
Elon Musk, Twitter and Free Speech
Published April 2022 by Jordan Toy
The developments at Twitter have been widely reported over the past few days with Elon Musk recently elected as a board member of Twitter only days after it became clear from a regulatory filing that he had acquired 9.2% of the stock as a ‘passive investor’. The developments at Twitter have been widely reported over the past few days with Elon Musk recently elected as a board member of Twitter only days after it became clear from a regulatory filing that he had acquired 9.2% of the stock as a ‘passive investor’. I find the ‘passive investor’ title curious as acquiring a large number of shares, running various polls on the future path of Twitter and its features, and being elected to the board do not seem awfully passive in nature.
Consistent Investing for Long-term Returns – Dollar Cost Averaging
Published March 2022 by Jordan Toy
There may be some concern around global markets currently with the turbulence going on in geopolitics, commodity markets etc. Often investors see volatile market conditions such as these as a threat and cause for concern, when more often than not, they should instead be viewed as an opportunity to acquire additional investments at lower prices while others are ‘fearful’.
FAVOURITE ASKED QUESTIONS
Posted on February 2022 by Bronson Friedman
Everything you need to know about Legacy Family Wealth
COMPOUND INTEREST, THROW TIME AT YOUR MONEY
Posted on February 2022 by Bronson Friedman
If you’re under the age of 35, you have one of the biggest advantages out there when it comes to planning for eventual financial freedom. TIME
How much you can put away per month is important but that pales in comparison to the role that TIME plays. In other words, the sooner you start, the greater the advantage you’ll have.
THE GLOBAL SEMICONDUCTOR SHORTAGE
Published September 2021 by Jordan Toy
What is a semi-conductor – a semiconductor is a material product, usually comprised of silicon and is commonly referred to as a ‘chip’ and is an essential component for numerous electronic devices. These chips are used in literally thousands of electronic products and have countless other applications – cars, smartphones, computers and even washing machines all use them and often devices will contain multiple (often thousands of) semiconductors. To further hammer this point home, roughly a trillion semiconductors are produced annually.
THE RISE AND FALL OF GAMESTOP
Published March 2021 by Jordan Toy
If you thought that we had gotten through the worst of the COVID-related market volatility after 2020, think again! You could be forgiven for thinking that this year would be a calmer year for markets, at least when compared to last year. However, this year has started off with a bang, market volatility as measured by the VIX index spiked significantly on January 27th which, as you can see in the two charts below, aligns very closely with the rise and fall of GameStop Corporation’s share price.
THE FALLACY OF MARKET TIMING
Published February 2021 by Jordan Toy
With the COVID-19 pandemic dominating news, recent volatility on stocks globally and US markets trading at an all-time high, I thought an interesting way to kick off the new year would be to spend some time investigating the impact that attempting to time the market can have on your investment portfolio. To quote Terry Smith, the founder and chief executive of Fundsmith – a fund which has returned 440% to investors over a decade,
“When it comes to so-called market timing there are only two sorts of people: those who can’t do it and those who know they can’t do it”.
