Archives of Wealth Management

Monthly Market Update

Executive Summary Global uncertainties and geo-political risks continue to abound, but global central banks are cutting interest rates and applying monetary stimulus that should be supportive of markets in 2020. Equity valuations outside the USA are not demanding. The SA Equity market is cheap by historic standards. Improved global returns in the latter half of […]

Monthly Market Update

Monthly Market Update – Tomas Blendulf CAIASM – Head of Cape Town Operations October saw the JSE All Share rally by 3.1%, led by resources and financials. Industrial shares had a tough month finishing down -1.4%. The beleaguered local property sector also has a good month, finishing up 1.9%. The dour Mid Term Policy Speech […]

What to do when you haven’t saved enough for retirement

What to do when you haven’t saved enough for retirement – Paul Damant, CFP (Director, Cornerstone Asset Management and Managing Director, Cornerstone Financial Services Group of Companies) Retirement is supposed to be a blissful time where you can kick back and enjoy the fruits of your life’s work. However, for many South Africans, retirement will look a […]

Monthly Market Update

– Rich Mashayanyika, Director Cornerstone Asset Management Worries about global growth, the prolonged trade war, geopolitical tensions, and local muted economic growth continue to weigh on financial markets’ performance, with the JSE only finding some reprieve (up 0.2%) in September following two consecutive months of losses. The US Federal Open Market Committee lowered the target […]

Do you have pre- and post-retirement investment strategies in place? Here’s why you should

Do you have pre- and post-retirement investment strategies in place? Here’s why you should – Paul Damant, CFP (Director, Cornerstone Asset Management and Managing Director, Cornerstone Financial Services Group of Companies) It’s an unfortunate reality that many South Africans will never be able to retire comfortably. What’s even sadder is that despite saving for decades, many retirees […]

Monthly Market Update

– Rich Mashayanyika, Director Cornerstone Asset Management The South African GDP grew 3.1% in the second quarter of 2019, following a downwardly revised 3.1% contraction in the first quarter of 2019.[1] This was above market expectations of a 2.4% expansion. It was the strongest growth rate since the last quarter of 2017, partly due to […]

Monthly Market Update

– Rich Mashayanyika, Director Cornerstone Asset Management Pessimism over global growth prospects and hopes of successful trade negotiations between the US and China fading had a negative effect on the local market, causing it to close in the red, down 2.4%. The news of a R59 billion Eskom bailout was viewed as negative by rating […]

Are you retiring in the next 5 to 10 years? The ultimate 8 step pre-retirement checklist

Are you retiring in the next 5 to 10 years? The ultimate 8 step pre-retirement checklist – Paul Damant, CFP (Director, Cornerstone Asset Management and Managing Director, Cornerstone Financial Services Group of Companies) So, you’re getting close to retirement – an exciting time of much needed and well-earned freedom and relaxation awaits, along with all the other […]
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