Posts Tagged: Tax-Free Savings Accounts (TFSAs)
Unlock the Stock: Afrimat and Spear REIT
Afrimat’s track record is spectacular. Spear REIT is a highly respected property fund. On Unlock the Stock, you can learn about both companies.
RCL is far more than just a chicken business
RCL is far more than just a chicken business these days, which isn’t a bad thing.
Bidvest: strong trading profit growth in every division
Bidvest closed 3.8% higher after releasing results for the six months to December 2021.
Liberty Two Degrees: reversions continue to bite
Liberty Two Degrees holds stakes in some of the most iconic properties in the country
Alviva: 20% revenue growth excl. Tarsus
After teasing the market with a trading statement, Alviva has now released all the details of the interim results for the six months ended December 2021.
PSG Group and the Great Value Unlock
This is one of the biggest news stories on the JSE that we’ve seen in a while
JSE Limited: a cash cow in a shrinking field
You may not be aware of this, but the JSE Limited is listed on the JSE. You’re right in thinking that this sounds like the financial version of the movie Inception
Capital Appreciation on the deal train
The company has announced the acquisitions of three technology companies in South Africa and a 20% stake in a company in the Netherlands.
Woolworths won’t miss 2021
as released results for the 26 weeks to 26 December 2021. The share price rallied 6% despite a fair share of negative commentary on Twitter.
Cashbuild’s negative sales momentum continues
Cashbuild released its interim results for the six months ended 26 December 2021
Think long-term and save tax-free
In the savings and investment environment, Tax-Free Savings Accounts (TFSAs) stand out as both a beacon of potential and a puzzle of misconceptions. A common misconception is that TFSAs are only for short-term savings due to their accessibility. However, the true power of TFSAs lies in their potential for tax-free growth over the long-term. Nomzamo Manqele, an astute investment specialist and wealth advisor at Fedgroup, makes a pertinent point by saying: “Access to funds in long-term savings products are usually restricted until retirement age, but with TFSAs, people have access to their savings within seven days. This might create an impression that TFSAs are short-term savings products when in fact, they should be grouped with long-term savings.”
