The Financial Planner

28/03/2011

Hi, Go to: http://www.facebook.com/pages/Cape-Town-South-Africa/Richard-Eachus-Financial-Planner/187944087914029 - YOU CAN WIN A PRIZE!!
Like the page. Comment on anything to do with Finance and get your friends to like your comment and WIN, it's that simple!

I am a Financial planner in Cape Town. I have been in the finance industry for over 10 years and love what I do. I cover all aspects of financial planning including Protection, Retirement, Investment, Medical, Estate and Tax planning

22/03/2011

Hi, I have made a new site (Richard Eachus - Financial Planner), Please like that page as I won't be using this one any more plus there is going to be a competition starting shortly!

10/03/2011

Why use a Financial Adviser? People CAN read up enough to manage their money and they CAN make the time and put in the effort to manage their investments. However, just as people don't spend time and effort on their health; many people also don't spend time and effort on their finances. There are so many sources of bad financial information telling us to do the wrong thing that many people become irrational.

02/02/2011

Why is it that only 12% of South Africans have life cover & only 6% have some form of loss of earnings protection? Myth 1: Life insurance is not affordable.
For most South Africans, life insurance is very affordable – especially if you go direct. You can get cover for as little as R100/pm, depending on your individual details.
Just think, for less than the cost of a coffee a day, you could be covered.

19/01/2011

HAPPY NEW YEAR! As 2011 starts the TAX year is almost over! HOW CAN I SVAE ON TAX? One of the main ways is investing in a Retirement Annuity. If you want to know how - Give me a shout.

25/11/2010

Hi, Just a last reminder that your tax returns need to be in by Friday. If you need help or don't know what to do then give me a shout.

19/11/2010

TIME TO PAY OFF DEBT! "Stanlib economist Kevin Lings says in value terms, using a house value of R1m and a 20-year mortgage, the 650 basis points reduction in interest rates since the end of 2008, would have reduced the home loan repayment by more than R4 500 a month. Lings says over the past 18 to 24 months, there has been a significant downward adjustment in the cost of debt".

09/11/2010

Are you SAVING or reviewed your Investments?? "About 72 percent of adult South Africans are not saving", the SA avings Institute (Sasi) said. "About 80 percent have not even changed their saving plans or increased their saving
even with the present favourable savings environment of a low inflation rate,"

19/10/2010

Hi All, An update on Unit Trusts from a local financial report: "The collective investment schemes subcategories that performed the best during the last quarter were the Domestic – Equity – Industrial and Domestic – Equity – Large Cap sectors with 16 percent and 12.9 percent respectively". So as you can see it doesn't pay to panick!

09/09/2010

The mortgage rate is at its lowest level since mid-1974 due to the latest interest rate cut.

07/09/2010

Shares + time = wealth. There simply isn't any investment that'll beat the returns of shares over the long term; no matter how many times the market crashes.

27/08/2010

So what should diversification be doing for your investments? In essence, diversification is not there to drive better returns but rather more consistent returns. Therefore, diversification’s main objective should be to manage volatility. With equities and cash on opposite ends of the risk (and return) spectrum, there are two further asset classes namely bonds and property