Accountable is defined as an obligation or willingness to accept responsibility for one’s actions. Accountability, however, means preventing something from going wrong. These are two very different meanings, the first brings back thoughts of being sent to the principal’s office in Primary School, knowing the fate that awaited me (the good old days of corporal […]
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Kaizen
The Kaizen philosophy is one which has been used by many successful companies in order to encourage employees to continually improve, and rather than scold them for mistakes, it encourages them to continuously evaluate what went wrong and then improve on it. In Business Kaizen is defined as those activities that continuously improve all functions […]
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I recently came across the clarity paradox, which tries to explain why successful people and organizations don’t automatically become very successful. Greg McKeown author of Essentialism: The Disciplined Pursuit of Less explains the the clarity paradox in 4 phases: Phase 1: When we really have clarity of purpose, it leads to success. Phase 2: When we have success, it leads to […]
Continue readingMore TagMy Financial Plan..
Good bye January hello February, yes that’s right people 2019 is well under way, one month down 11 more beautiful opportunities to come. It may seem like i have been rather quite, but actually i have just been living out my personal lifestyle financial plan. Last year for the first time i undertook to do […]
Continue readingMore TagYou can’t have the WOW without the WHY…
Everybody wants to be WOWED, we all want that amazing feeling that we get when when our expectations are exceeded and we are truly blown away, we want to be WOWED. Lately I have been having conversations with people who are of the mindset that they want to be WOWED. They deserve to be WOWED, […]
Continue readingMore TagDecembers up! 4 week Challenge – Get you balance sheet into shape.
With December holidays just around the corner, literally about 4 weeks away, everybody and their mom are trying to get in shape for the December beach parade (what? You don’t know what that is? It’s where we try correct 11 months of poor eating habits and irregular fitness activities in 1 month, to get the […]
Continue readingMore TagHow to make sense of your investments.
Being invested in any investment market over the last 5 years has been one hell of a ride. Just in SA you would have experienced all time highs in some markets (JSE Allshare reaching above 60 000) and some spectacular crashes in others (SA Listed property index down 24% from its 1 year high), now […]
Continue readingMore Tag4 Tips for getting into the local equity market.
With more red than green days this month and year, the Local Equity market is proving to be a very scary place both for existing investors and for those looking to enter into this new world. It comes with promises of the highest returns in history. Just take a look at the numbers below: 15.44% […]
Continue readingMore TagTito’s Maiden….BORING.zzzz
Yesterday, Finance Minister Tito Titus Mboweni delivered his maiden medium term budget speech. WOW. Some of the head lines I have read include the following: “Mid Term Budget Speech: 13 most important quotes from Tito Mboweni”, “Mboweni’s budget speech underwhelming: Shivambu”, “South Africa’s Rand Slumps after Mboweni’s Budget […]
Continue readingMore TagRetirees and the correct draw down level
What is the correct percentage of income that I can draw down from my post retirement investment today and still ensure that I don’t run out of money and can live comfortably? This is a question I have been dealing with quite a lot lately as clients are either entering into their form of retirement […]
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