• 011 568 1338
  • [email protected]
  • Rich Ideas Group is an authorised financial services provider #50569

The world is on its head, but the principles of investing remain constant

Given the current market backdrop, there is a lot of uncertainty that investors face both in local and global markets as we navigate 2022. The most powerful protection against market volatility and uncertainty is diversification within portfolios, says Debra Slabber. In the US, 2021 ranked as the ninth-lowest peak-to-trough drawdown in a calendar year out of the past 94 years…

Reporting a Deceased Estate under R250 000.

How to report an Estate of R250,000 or less to the Master or to a Service point of the Master  The reporting documents will differ slightly depending on the value of the estate and the type of appointment required. If the value of the estate exceeds R250 000, letters of executorship must be issued and the full process prescribed by the…

Changing your financial beliefs and behavior

We often have huge expectations about what we should be doing and how we should be living or lives. This is also influenced by people around us. If you have a big friend circle, you probably have a very busy social life, which means that you spend a lot of money on social gatherings, braai’s, etc. Same goes for when you have children.

Mediation

Mediation As A Form Of Dispute Resolution In South Africa Conflict and disputes are inevitable – be it in the workplace, within the family, the community or in the world of commerce. I have been an employment law Attorney for nearly 20 years. I have argued cases – some simple and some complex – on behalf of both employers and…

A Simple Savings Plan

A Simple Savings Plan Last week I posted a Tweet about a waitress I gave financial advice to whilst on holiday in December 2020.  She was interested in what I do, as she saw me working on my laptop and noticed my awesome company logo. Here is my simple savings plan for all to benefit. Saving and investing is possible for all,…

The Importance of a Professional Executor

Why do you need a professional executor to wind up an estate? When someone dies, an executor needs to wind up their estate. Having the right executor assist, means a smooth and painless process to wind up an estate. Someone without the right skill set, could delay this process by years. Having a professional, knowledgeable and competent person to help,…

Emergency Funds – A Simple Guide

Emergency Funds – A Simple Guide Burst Geyser! Tyre Blow Out! Load Shedding Blew Your Appliances! Medical Crisis! Retrenchment! Engine Failure! Broken Spectacles! This list is by no means comprehensive.  These are some of the events that could cause financial distress in your life.  Do you have money, at hand, to bail you out? This is where your EMERGENCY FUND…

Couples and Currencies

Couples and Currencies Guest Blogger, Paula Quinsee, shares how when we are asked ‘how you are contributing to your relationship’, we automatically think of money and financial contributions. But, did you know that money is not the only way you contribute to your relationship? Essentially there are 5 key pillars under which we contribute to a relationship: Functional: The “doing” things…