News & Opinions


Buy, Build, Sell or Beg?

According to an old Scottish saying, the father buys it, the son builds it, the grandson sells it, and his son begs. In fact, a US study reveals that as many as 70% of intergenerational transfers of wealth fail. Too many people simply place the blame for this on the “kids” who received the money, but a recent analysis we have come across exposes the real reasons.

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The Importance Of Being Wrong

Even the greats get it wrong sometimes. Sir Alex Ferguson is widely regarded as the best football manager of all time, yet his win ratio with Manchester United was only 59%. Or viewed from a different angle, he didn’t win close to half (41%) of the matches he managed. And the best fund managers? Same story. Just over half (53%) of the stocks selected into their portfolios outperform the index! So what makes these losers … winners?

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The true cost of emigrating – expat tax

Changes in the tax structure of South African expats are imminent, necessitating many of them to carefully consider their tax residency status. This can be a tricky business because of some confusion around the difference between financial emigration and becoming a non-resident for tax purposes. Sable International forex specialist Tim Powell looks at the options, which we are sharing with you.

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Life Begins at … ?

Life begins at 40. Or does it? Meet the “young-old”. These are people ranging in age from 60 to 75 and even older who continue to be very active, healthy and productive. They’re living and enjoying an extended middle age and challenging the definition of what it means to be “old”. The implications of this trend are profound for society, as we discovered in reading a recent Financial Times feature.

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Investing offshore – mind the red tape

When it comes to investing offshore there are now more and more rules to consider and the existing rules are being enforced more strictly and more often. Genuine global diversification relies on legal strategies and greater transparency, which come with lots of red tape. Although the paperwork alone is daunting, the process could take as little as a few weeks if help is at hand to navigate the path smoothly.

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Transform your life, one night at a time

Many of us, it seems, are missing out on sleep – “the chief nourisher in life’s feast,” which is how Shakespeare viewed sleep in his time. Today, Ariana Huffington, founder and editor-in-chief of The Huffington Post, looks at sleep in our time and comes up with a startling conclusion in her new book: we’re in a sleep deprivation crisis.

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Cash is king. Or is it?

Yes, returns from listed property and equities have been disappointing, but investors thinking of cutting their losses and switching to cash should perhaps remember legendary American investor Howard Marks two rules for investing. Rule one is that most things on markets are cyclical. Rule two is that some of the greatest opportunities for making or losing money come when people forget the first rule.

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When Fear Rules

Now that the dust has finally started to settle, we take stock of what happened last year on Friday 21 September 2018. The day that fear seized the international markets, wiping 18% off the world global index in dollar terms by Christmas Eve. We take a look at what happened and why.

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World Citizens – Life Leads and Money Follows

As globalisation continues, increasing numbers of people are on the move .… to other countries, living and working in other parts of the world. With laws and regulations differing from one country to another, financial planning is a complex business. Veritas has therefore joined the World Citizens network of CFP® Professionals to ensure that our clients continue to get the best advice possible.

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The True Cost of Advice

A reputable adviser sells advice not products. When it comes to financial planning, Veritas Wealth founder Barry O’Mahony told the Sunday Times recently, you need to choose an independent Certified Financial Planner® who has your best interests at heart. “You need someone with whom you can share your goals in life and help you to make them a reality,” says Barry.

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