1st Advisors

1st Advisors Creating insurance and investment solutions that work! FSP License 25351 IFA, DPFM, FPI, Wealth Management since 1979

MD First Advisors cc Independent investment and insurance business

13/11/2012

Finance Minister Pravin Gordhan has described SA's
financial regulatory framework as "world-class" having been
ranked third out of 144 countries for financial market
development by the latest World Economic Forum's global
competitiveness index. Gordhan said in terms of individual
indicators‚ SA was ranked first on regulation of securities
exchanges and its legal rights framework‚ second for the
availability of financial services and soundness of banks and
third for the strength of local equity financing.
NOW IS THAT NOT GREAT NEWS.

05/11/2012

american election tomorrow, china to change leader on thursday, interesting developments ahead, enjoy the week

31/10/2012

Education is an important human activity. And will continue to be as long as the human race continues. It has been rightly said that without education, man is a splendid slave, reasoning savage. Education is one of the important factors which formulate the persona of a person. Coco Chanel is quoted as saying “in order to be irreplaceable one must always be different”. Cultivating a love of learning is becoming imperative for success.

Top universities in the US and in Europe are now offering the public free online courses. Stanford, Princeton, Harvard and M.I.T. to mention the big ones. Online courses have been around for years, with technology evolving to include multimedia features and interaction with students and faculty. This allows anyone in the world access to top universities and the best professors, all you need is the internet.

This is a step closer to eradicating poverty by empowering those who are currently held back by their financial situation because they are unable to afford tertiary education.

30/10/2012

… “We have our challenges and surprises. The standard deviation of our emotions are set at MAX. You are never just a “little bit happy” or a “little bit sad”. At one moment you can be “off the scale” pi**ed off or frustrated or sad or worried or fearful or depressed. The next moment you are “off the scale” exhilarated, or enchanted, or inspired, or humbled by a kind deed, or surprised by something beautiful. It makes life interesting and worth living. – Paul Harris.

30/10/2012

Monday 29th October, 2012.
Stock markets remain fairly quiet and steady in the US and in the East this morning. The US stock market will be closed today as Hurricane Sandy visits Manhattan. US economic (GDP) growth in the 3rd quarter was better than expected at 2%, with consumer spending one of the standouts.

SA strikes in Rustenburg still not over (Anglo Plats), with the 12,000 fired miners not accepting the new arrangement. Anchor Capital points out that SA government social grants are to be extended to another 1 million people, making it 17 million in total and the government has committed to a 7% wage increase from 2013-2015, all of which is considered retail friendly (to retail shares).

The JSE may open flat to down a tad this morning, say -0.25%. Nothing much to report.

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