In tough times, people often question the way systems work and whether or not there could be a better way. South Africa is a prime candidate, with the current problems beleaguering our economy. So, are there any lessons we could learn from others with different markets? South Africa is most often described as a mixed market economy, with elements of a free market economy (the market largely powered by the private sector with profit-making companies operating […]
Continue readingCategory: Blog
Mindfulness matters: how about a quarterly review?
Earlier in the year we spoke on the importance of mindfulness in our busy, digital world. Unfortunately, many of us have grand intentions at the beginning of the year, eating healthily and meditating and generally trying to get the year off to a good start, but after a few weeks that dedication peters out.
Continue readingFinancial health: a journey of self-worth
The famous inscription on the Parthenon temple in Athens reads: ‘know thyself.’ Did you ever think that was a command that could relate to your finances? It does, because the best financial plans are personalised, unique to you and only you because your spending habits, goals, lifestyle, beliefs around money, upbringing and dreams are unique. That’s why we build each of our clients a personalised financial plan. And so, step one for our clients is… figuring […]
Continue readingThe true cost of load shedding
Load shedding has cost all of us over the past few weeks, but do you know exactly how much?Neither did we, until we did a little digging. Cost to the economy at large
Continue readingMoney can’t buy me love – the ‘independence myth’ and your finances
The word ‘independence’ is often translated into a self-sufficient state in which you don’t need anything or anyone and you don’t have to meet anything or anyone else’s needs or desires. Put like that, doesn’t ‘independence’ sound quite… lonely? In our quest to unpack financial freedom, we ask what freedom means, and find something rather interesting: when most people visualise any form of freedom, including financially, they usually picture themselves achieving that freedom alone: If ‘I’ […]
Continue readingEquity Schmequity – really?
There’s a conversation that does the rounds every 10 to 15 years in investment savvy circles; Cash vs Equity – which is better?When markets are rallying, equities hold to their promise of higher returns than cash; when markets take a knock, cash suddenly appears to have been a hidden gem that could even outperform equities for a short period.
Continue readingWhat does ‘financial freedom’ mean for you?
When we think of freedom, many people envision a bird soaring – unencumbered, untamed and seemingly weightless. Money often feels like the opposite of that. In fact, if you’re like the majority of people, it can seem like the cage keeping you down. But money can also be the key to unlocking your best life and opening up your wealth space. Part of the WellsFaber journey with you is about finding out what financial freedom means […]
Continue readingYour starter guide to alternative investments
In the wake of very lacklustre JSE performance and plenty of uncertainty, many investors have started considering thinking… alternatively.In a nutshellAlternative investments are different to the standard stock market approach; investing in assets outside the usual asset classes or in companies outside of the JSE-listed crowd.
Continue readingHow to build your financial confidence
You would think that the number one thing we would answer when asked ‘what’s your goal?’ is to enable clients to meet their financial goals. But that’s only half of why we do what we do. The second half? Confidence. We aspire to make you confident in your end result before you get there. Think about it – imagine you met your goal of, say, building a positive cash flow for your business. Yet when you […]
Continue readingOn the road: the best road trips for the long weekend season
It’s that time of year coming up again when the public holidays flow thick and fast for South Africa. With a country as beautiful as ours, the ideal solution could be a road trip. Here are some of the best to get you out of the city and on the road. Got three days? Enjoy the Garden Route It’s an oldie but a goodie for a reason, especially if you stay on the coast. Even if […]
Continue reading