Author Archives: admin

By Richard Cluver If you could guarantee that your grandchildren would be as beautiful as movie stars, free from all inheritable diseases and as bright as Nobel prize winners, would you be prepared to invest a few thousand Rands to make it happen? More to the point, if you or someone close to you is […]

By Richard Cluver On a list of the five questions we are most asked, inevitably one is “How much money do I need in order to be able to retire?” If you want a snap answer I will say R12-million. But of course the true answer is dependent upon so many variables that this amount […]

By Richard CluverOver half of all the income tax collected in 2018 came from just 5 040 449 South Africans out of a total population currently estimated to number 57 398 421. Putting that into understandable numbers, 8.8 percent of South Africans paid half the income tax collected while just 109 783 or 1.5 percent of taxpayers who earned […]

30 April 2019Building a retirement portfolioBy Richard CluverIdeally the creation of a retirement portfolio should begin on the first day you start work and, in many cases, even earlier based upon saved birthday gifts. In the case of my own children, it began even earlier than that with pocket money every Saturday morning before they […]

March 19                                  By Richard Cluver This month South Africa woke up to reports of the latest Morningstar awards, a self-congratulatory event in which members of the unit trust industry set out with great fanfare to reward themselves for the […]

By Richard Cluver If you are, dear reader, as perplexed and mournful about the state of the South African economy as most I have spoken with this past week and, judging by their conversations, now seeing our situation as insoluble, then know that you are probably in a majority who are arguing once again that […]

30 January 2019 Time to end this disaster tax By Richard Cluver One of the significant differences between my generation and that of our children was that once the children were born our wives gave up formal employment and became home-makers. I had always imagined it was a matter of choice, greater job opportunities and […]