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Accredinet Financial Solutions (Pty) Ltd Newsletter     |    September 2024
 
 
 
 
 
 
 
 
 
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The Big Question: Should You Buy a Home or Rent One?

Our clients often ask us whether renting or buying a home is preferable, and the answer is not straightforward. 

Renting and owning are fundamentally different in almost every aspect of finding a place to live. The responsibilities, costs, and rewards for renters and owners vary greatly – as do our clients' lifestyles, goals, and needs. 

Understanding these variables is crucial to making an informed decision.

 
 
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Aligning Your “Wheel of Life” – A Beginner’s Guide

As your wheel of life turns, your financial needs, goals and focuses change. In the early years, you’re absorbed by accumulating assets. Then, the focus shifts to wealth preservation. And eventually, the transfer of wealth becomes your number one priority. 

No surprise, then, that each of these stages requires its own wealth management strategy. Read on for a crash course… 

 
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Why You Should Keep Your Investment Strategy to Yourself

Everybody knows somebody who’s always eager to talk about their latest, best investment. But is it a good idea to share your investment strategy at your book club or around the braai?

In this article, we look at why discussing your financial plan with others runs the risk of being counterproductive. Money isn’t something to be ashamed of, but your financial strategy is also personal to you, and you might want to be careful about comparing it to what other people are doing.

 
 
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Market Update: Christmas in September if Rates Come Down as Expected

Stock markets ended the month on a high note as the likelihood of September rate cuts in the US and SA increased substantially. 

A US rate cut is more of a certainty than a South African one, and geopolitics could change the picture. However, there is still cause for cautious optimism that rates will come down in both countries.

 
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  Tel: (012) 991-9600
Email: admin@accredinet.co.za
Website: www.accredinet.co.za

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Menlyn Corporate Park
175 Corobay Ave, Menlyn
Pretoria, 0181
 
Accredinet Financial Solutions (Pty) Ltd is an authorised financial services provider FSP 8933. 
       

Disclaimer

The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact us for professional, detailed and appropriate advice.

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