Art investing can serve many purposes. The obvious ones being the potentially high investment returns as well as the aesthetic value. There is also merit in considering this asset class from a tax and estate duty perspective. Capital Gains Tax There is no capital gains tax (during and after your death) on art work purchased for personal use. That means, if you are not an art dealer, you will not be taxed for any gains […]
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A case for art investments
There is definitely a case for art investing given the recent investment returns of certain artworks. According to The Art Price, an art market information portal – ‘’The appeal of Art as an investment stems from the exponential value increases that affect certain works and, in certain cases, the media coverage they attract. 2017 saw plenty of examples of exceptional capital gains.’’ Average art investment returns globally are now in the double digits with an increase […]
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What is financial advisory?
We often get this question about what it is that we really do. Often, what we do is confused with other disciplines within our sector. So let’s start by talking about what we are not. Portfolio Management Portfolio managers or asset managers are experts in stock selection as well as fund collation. In simple terms, they decide which shares, bonds, property stocks to invest in (or not) on the stock market. They also make decisions around […]
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F.I.R.E.
There is an interesting and growing movement among millennials called F.I.R.E. – an acronym for ‘financial independence, retire early’. It’s young people planning to achieve financial independence and retire from their high stress jobs extremely early in their 30s and 40s. They aim to do this by drastically downsizing their living expenses and perhaps getting side gigs to supplement their income. The point is to trade material status and luxuries for more time and freedom. Many […]
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Different money personalities
Dealing with money matters can feel like negotiating a minefield for many couples, which is highlighted in this article by Maya on Money. Money has been cited to be the biggest reason for divorce, and differing attitudes towards money in any relationship can cause friction. So let’s take a look at some basic ‘money personalities’ and you can decide with which you most identify. This may not only help you to manage your relationships, but also […]
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Should we trust in trusts?
We live in uncertain times, so it is natural for many parents to want their children to have financial security, without money worries on top of everything else. Many parents also wish to build their wealth to such an extent that it will be passed down for generations to come, and a recent article published in Maya on Money examines the use of trusts to create intergenerational wealth and ensure a financial legacy. No matter how […]
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5 key financial terms explained
Do you nod along blankly when someone talks about unit trusts, or do your eyes glaze when you hear the word ‘annuity’? Do you wish investment terms weren’t so complicated or full of abbreviations? It’s easy to get confounded by the use of financial jargon if you haven’t been trained in the financial services industry or been exposed to the world of investments before. But don’t let that put you off. It’s just a question of […]
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