Many people think they have lots of time to save – for retirement for

instance – and discover too late that they needed a few more income-

earning years. Other think the stock markets are not doing well and that it is

too risky to invest now.

Get organised around personal financial affairs. Take a good hard look at

all accounts – current/cheque accounts; savings accounts; debt or loans;

retirement and/or pension funds. A full review is the best starting point to

see what a most suitable goal for a new year should be.

You could have high debt (in relation to earnings) – getting rid of debt

should be a key focus. Perhaps you ignored saving for retirement for a

while? Be mindful of the longer predicted life expectancy and how this

impacts funding, which will be required to support a lifestyle once regular

income stops.

Brenthurst Wealth Management (PTY) LTD FSP No. 7833

JANUARY 2019 • ISSUE 299

FOR MORE INFO CONTACT US

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STELLENBOSCH +27 (0) 21 882 8706

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Sound personal financial

management covers all

matters related to your

financial life, not just paying

off debt, investing

and/or saving.

BRENTHURST RANKED BEST

BOUTIQUE WEALTH MANAGER IN SA 2017

AND RUNNER-UP IN 2018

AT INTELLIDEX WEALTH MANAGER AND

PRIVATE BANKS AWARD

www.brenthurstwealth.co.za

Page 1 January 2019 - Issue 299

By Suzean Haumann, Certified Financial Planner, Brenthurst Wealth Management

A FULL PERSONAL FINANCE REVIEW IS THE BEST STARTING POINT TO SEE WHAT A MOST SUITABLE GOAL FOR A NEW YEAR SHOULD BE.

The investment universe is vast and to some

degree complex. There are many different options

to select for investment. For instance:

CASH IN THE BANK IN AN INTEREST-BEARING

ACCOUNT

INVESTING IN STOCK MARKETS (DIRECTLY IN

SHARES OR VIA FUNDS LIKE UNIT TRUSTS)

PROPERTY ALTERNATIVES LIKE PHYSICAL

COINS, ART OR VINTAGE CARS

Each investment has different characteristics, differ-

ent returns histories and, very importantly, exposes

an investor to different levels of risk.

MAKE SURE YOU UNDERSTAND WHAT LEVEL OF

RISK YOU CAN TOLERATE;

Review the options and understand it before decid-

ing what is best for your circumstances. Some

investors are thrilled by the stock market ups and

downs and know by sticking with investments, even

when values fall at times, they will deliver superior

returns. Others cannot bear the volatility and are

happy with the smooth returns something like a

fixed deposit will provide, even if its returns are

lower (over time) than that of a diversified invest-

ment portfolio.

Sound personal financial management is not

only about paying off debt and investing and/or

saving.

It is about all the matters related to your financial

life. It includes risk issues such as: are your belong-

ings and assets properly insured; is appropriate life

cover or dread disease cover in place should

unforeseen circumstances occur; is your will up to

date with your current situation and does it express

your wishes for your estate?

Paying tax is a fact of life, but when investing there

are ways to lessen the burden. There are tax bene-

fits for investing in a retirement annuity.

Selecting an investment vehicle like a fund of

funds offers some protection against capital gains

tax (CGT), as switches within the fund do not

attract CGT.

Speak to a tax advisor who understands the tax

rules and elements like allowances for offshore

investment, so you can be tax compliant in a smart

way.

Brenthurst Wealth Management (PTY) LTD FSP No. 7833 Page 2 January 2019 - Issue 299

Brenthurst Wealth Management is an authorised financial services provider (Reg No: 2004/012998/07) FSP No.7833. This e-mail and any file attachments transmitted with it are intended solely for the addressee(s) and may be legally privileged and/or confidential. If you have received this e-mail in error please destroy it. If you are not the addressee you may not disclose, copy, distribute or take any action based on the contents hereof. Any unauthorised use or disclosure is prohibited and may be unlawful. The view and opinions expressed in this e-mail message may not necessarily be those of the management of Brenthurst Wealth Management (Pty) Limited.

BRENTHURST RANKED BEST BOUTIQUE WEALTH MANAGER IN SA 2017 & RUNNER-UP 2018 INTELLIDEX WEALTH MANAGER AND PRIVATE BANKS AWARD

www.brenthurstwealth.co.za

JOHANNESBURG +27 (0) 11 799 8100

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PRETORIA +27 (0) 12 347 8240

NEWLANDS +27 (0) 21 418 1236

BELLVILLE +27 (0) 21 914 9646

STELLENBOSCH +27 (0) 21 882 8706

MAURITIUS +230 5843 5215

Historical reviews of investments across different asset classes show that not all asset classes perform the

same all the time. In a complex world, there are so many global issues affecting market movements it is

impossible to be ahead of the game, protecting wealth all of the time. Over time the stock markets of

different regions and industries were, at times, by far the best performers in the global investment uni-

verse, only to pull back when some or other international crisis causes investors to lose confidence in that

market or asset class.

DIVERSIFICATION ENSURES THAT AN INVESTOR IS NOT EXPOSED TO A SINGLE ASSET CLASS, REGION,

INDUSTRY OR INVESTMENT OPTION. In one year, technology stocks may be the stars of the show, only to

be outperformed by say listed properties the next.

For many years Brenthurst Wealth has been advocating increasing our client’s offshore allocation due

to the many macro-economic factors and uncertainties within our country’s borders and parliament.

A strategy that has worked in our client’s favour as well as our own.

THIS SERVICE INCLUDES THE FOLLOWING:

Opening of private savings accounts for forex trading purposes

Applying for tax clearance certificates online

Administration with regards to forex booking and trading

Securing a highly competitive rate

Speak to your advisor or contact Suzean Haumann suzean@brenthurstwealth.co.za