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- Written by OriginalSteps
- Category: Get Educated
By Idris Seedat (Manager: CSI of the Johannesburg Stock Exchange)
The world of investing is made a lot more complicated by the vocabulary used. In this article we look at common but often misunderstood financial information – the share pages that are found in the business sections of many national newspapers. These pages give vital information on companies listed on the JSE as well as many other investments including Kruger Rands, Exchange Traded Funds, preference shares, unit trusts.
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- Written by OriginalSteps
- Category: Get Educated
Idris Seedat
By Idris Seedat (Manager: CSI of the Johannesburg Stock Exchange)
Those who start learning about finances at a young age are more likely to become responsible adults capable of making sound financial decisions. Teaching your teenagers about finances and the fundamentals of investment strategy is extremely important to help them gain the necessary skills to understand various financial options available to them throughout their lives. This could range from saving for retirement, to understanding interest on a car or house loan and of course how to invest. Here are five tips to consider when teaching your teen about investing:
The building blocks
You can help your teen build the blocks in their financial development by teaching them about investment. But in order to do so you need to empower yourself first by learning more and getting your financial house in order. Look at your own spending, saving and investing habits and what messages these send to your children. Start purchasing financial publications to learn about investments.
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- Written by OriginalSteps
- Category: Original Careers
"...I have always been interested in the laws of nature and finding out how things really work." - Quirin Steinbacher
Where on the planet are you currently located? Munich, Germany.
Tell us about your career and why exactly did you pursue a study path in Physics? I have completed my Bachelor’s Degree in Physics, so I am just at the beginning of my career. Mathematics and physics had always been my favourite subjects during school. I was able to actively study physics in the last two years of my secondary school, it was an intensive course with a very motivating teacher. However I have always been interested in the laws of nature and finding out how things really work. (The FirstStep.me team takes notes!)
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- Written by OriginalSteps
- Category: Ultimate Careers
Q&A with Chris Mattsson Designer at Abacus Sportswear
Chris Mattsson
Golf clothing has come a long way since the days when a long skirt and buttoned up shirt were part of the standard kit. Preserving one’s modesty far outweighed the importance for any practical benefits, and you can’t help but wonder why any ladies would ever have wanted to play golf since the tight fitting a la mode blouses back then made it neigh on impossible to take a proper swing at a ball. Today, golf clothing is as much about feeling good as it is about looking good, and fashion has become a hot topic for discussion on fairways the world over.
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- Written by OriginalSteps
- Category: Get Educated
Q: Hi there, do you guys have a basic formula for diversifying one’s assets into various classes based on age and/or other criteria and what do you believe to be the main asset classes? Also, what portion of equities do you suggest that a South African resident should hold in international shares and should these be split between developed and emerging economies? I know there is no “one size fits all” formula but I am looking for some guidance.
Thanks for your assistance.
A: Totally unexpected set of questions sent to FirstStep.me - so we tracked down Daniel Weston (Founder and Chief Investment Officer of Aimed Capital) to answer it for us!
Daniel Weston: There is no one size fits all of course, but in my opinion the conventional portfolio asset allocation model has got it all wrong....I don't allocate assets by dollar amounts, I do it by risk....
Risk in my eyes is essentially volatility. So you want to have equal spreads of volatility. Meanings much more bonds (less volatile), less equities (more volatile), and small amount of commodities (very volatile). So it could for example be, 60% bonds, 30% equities, 10% commodities, for EXAMPLE! What this would do is put "positive economic data" and "negative economic data" assets in equal amounts of risk (volatility) - does that make sense?