Magnificent Life Team
Insights
April 19, 2021
Bias and your bank balance
When it’s a question of money – everyone is of the same religion, or so said Voltaire. Like religion, there are many different perspectives on how it helps (or hinders)…
April 19, 2021
The premium time to review your premiums
When it comes to financial planning, risk planning, estate planning and investing, many of us like to “set and forget”. Our lives are full of things to remember, for work,…
April 12, 2021
Our oft-told money stories
Money isn’t real. It’s just an agreed-upon system of exchange. Have you ever heard that? This is the realisation that many reach when feeling frustrated with tax systems, witnessing social…
April 5, 2021
Win back your weekend
“Where did our weekend go?” Have you ever found yourself asking this question on a Sunday night or a few minutes after hitting snooze for the third time on a…
March 29, 2021
Protecting your income for a better outcome
A few short decades ago, we lived in a world that seemed to have far more security and certainty. The rate of change was slower, and many assumed that if…
March 22, 2021
Plan to fail
It doesn’t make sense, but we need to have a plan for when things go wrong. People love to say that Benjamin Franklin once said that if you fail to…
March 15, 2021
Offshore shouldn’t be off-putting
“… your money deserves to go places,” Ninety One (dual-listed on both the South African and London Stock Exchanges). Many people who choose to stay in a country feel a…
March 8, 2021
How to make a sustainable change
All of us have moments in our life when we realise that we have to make a change. Sometimes change is something we choose, and sometimes it happens to us,…
March 8, 2021
Ifs, buts and Bitcoin
“If only I’d bought into Bitcoin in 2008…” “But, it’s not regulated…” “But, the bubble…” “Bitcoin – I don’t want to miss out…” Before engaging in any blog about Bitcoin,…
March 1, 2021
It’s Hue-Guh, not Hoo-Gah
Hygge (pronounced hue-guh, not hoo-gah) is a Danish word used when acknowledging a feeling or moment as cosy, charming or special. This can happen whether alone or with friends, at…
February 22, 2021
Bite-sized chunks
No matter how hard we try, we never seem to get it all right… all the time! We were taught as kids that practice makes perfect, and this phrase set…
February 15, 2021
Stop telling yourself these things
Everyone knows that building wealth can help to ensure financial security in the future. Yet, it is a small number of the world’s population who have had the opportunity and…
February 15, 2021
Key thoughts for passive investors
Passive investing has become the most popular investing strategy, globally. Simply put, it’s the strategy of buying the whole market (a diversified reach of stock allocations, ETFs and the like),…
February 8, 2021
Four Fresh Investment Ideas
We all want more from life. We want to live a good and meaningful life. This is how we generate hope, by believing that there is something new for us…
February 8, 2021
Is active or passive fund management better?
The first thing to remember when approaching investing is that the best approach is dependent almost wholly on the investor and their desired investment outcomes. While this may sound simple,…
February 1, 2021
Is there more to life than happiness?
There seems to be an increasing drive to pursue happiness; we want to be satisfied and content with who we are and what we do with our lives. Whilst a…
January 25, 2021
Divorce and your retirement savings
Recent times have been life-altering for so many, from emotional and health traumas to relational and financial traumas. We’ve all had to encounter a considerable onslaught of ‘stuff’ to process…
January 18, 2021
Savings Goals
The hardest time to save is when we’re ‘just saving’ with no end in sight. It’s like going to the gym to train; but, train for what? As Lewis Carrol…
January 18, 2021
Tax Savvy Investing
Nothing is certain in life, except for death and taxes. Benjamin Franklin said this almost 300 years ago, and it still rings of truth. The economic and political landscapes are…
January 11, 2021
How to set flexible goals
Last week we looked at why it’s important to become flexible in setting goals. This week we’ll consider how we set flexible goals. Setting personal goals can empower us to…
January 11, 2021
Stocks vs Shares
In the world of investing there are myriad ways to create wealth. These systems are complex, integrated and offer just enough certainty to attract our attention, but not enough to…
January 4, 2021
Why we need to be flexible with our New Year’s Resolutions
Towards the end of every year, it is customary to reassess our priorities, take stock of the year that was, and plan for the year to come. The emergence of…
December 28, 2020
Who’s advice are you taking, seriously?
Times of festivities and celebrations are often paradoxical in that we want to see friends and family, but we find that when we’re with the ones we don’t often see…
December 21, 2020
Investing: How elections matter
There are three things we should never discuss around the dinner table: money, politics and religion. Ironically, the three things we normally always talk about around the dinner table… are…