Jaco Bakkes Financial planning

20/04/2026

Think carefully when you change jobs about your retirement funds.

08/03/2026

Mental health is as important as financial health

09/12/2025

Take care of the one's you love, draw up a will and ensure that your loved one's are taken care off

17/11/2025

So following up on my previous video, please consider financial planning assistance at retirement age. There is a huge difference in the amount of tax you could end up paying.
Contact me if you are planning on retirement and I can assist you with planning as tax efficient as possible.

01/10/2025

Platform trading, yes or no. I will not personally do business or pay money over to any company where I can't see who the directors are and where their offices are.

The returns guaranteed by these platforms? Well a guarantee is only as strong as the person or company giving it. So the question you should ask is would you borrow money to the person you are dealing with and trust them to pay you back, take the emotion of promised high returns out of the equation and then decide if you want to do it.

Finally, double check the figures presented with a financially minded person and google the platform details first and don't simply believe reviews of the people, because I have received many requests for being paid to give positive reviews on platforms for companies I have never heard of. I call it rent a crowd reviews.

24/09/2025

To those not believing in having a will read the article. The only people winning is the legal teams. Thinking one can save on executors fees by nor having a will? Executors fees will still be payable after the court case.

A major legal showdown is unfolding at the Mpumalanga High Court over the R44-million estate of the late former deputy president David Mabuza.

21/08/2025

Talk to me today to assist you with your planning

20/08/2025

South African people save money in the bank, let's look at the logic reasons given to me for this over the last while:

- Financial advisors only want to make commission, that's why they want to change it

- I want my money available (when they have a fixed investment)

- My money is on standby for a purchase of a property when I go to an auction (money not moved for more than a year)



So lets look at the facts for the accounts (I am going to even exclude possible tax savings on the facts here)

- Yes you pay commission for financial advice (you pay for a Dr when you can google your symptoms as well)

- 7 days to have funds released from an investment account, do you really need all your money available at short notice, with no penalties for taking money out.

- You need the deposit on standby, at an auction you usually have at least a few days for the balance to be paid.



Here is what you get now:

Interest that is fully taxable at 9.5% effective rate fixed for 12 months

Available without notice 7.9% was the average



What some of the funds did after adviser and all fees:

- Income fund (very low risk fund with basically no volatility) 9% (Interest mostly so no tax difference)

- Moderate risk funds after costs 11% (mixture of interest and capital gains, so tax saving on returns)

- Growth funds after costs 14% (much bigger tax saving because of structure)

- Bond fund after costs 16%



So I would ask you again, is your money better off in the bank?

19/08/2025

Had money in the bank over the last 3 years,you could have missed out on as much as 10% growth on your money, if you had it in a balanced portfolio. From an investment account your money is available within 7 working days, with no penalties. To recap on R1 mil, you could possibly have had R100 000 more.

07/08/2025

Leaving your job or retiring and need to access your pension money, let's do it as tax efficient as possible. Talk to me for advise, no charge on advise. You can even take the plan to my opposition, if you don't want to do the business with me. Let's just make sure you don't pay more tax than what is needed. 071 492 3983