In today's episode Warren Ingram gives advice to a listener on how to set aside money for a family member who will be in prison for five or six years. Warren discusses the challenges of saving and investing for adult family members and the potential tax implications, the level of control you want the person to have over the money and explores options such as setting up an investment or opening an endowment.

Takeaways

• When saving and investing for adult family members, consider the level of control you want them to have over the money.
• Be aware of the potential tax implications, such as capital gains tax and donations tax.
• Options for saving and investing include setting up an investment in your own name or opening an endowment in the person's name.
• For a five-year or longer time horizon, consider investing in shares for potential growth.

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In this episode, Warren Ingram dive into the importance of including emerging markets in your investment portfolio alongside your local market investments. Warren explores how the All Country World Index offers exposure to both developed and emerging markets, providing a diversified approach to global investing and touches on more.

Takeaways

• Investors should consider having an allocation to emerging markets in addition to their local market investments.
• The All Country World Index provides exposure to both developed and emerging markets.
• Investors can also indirectly gain exposure to emerging markets through global portfolios that include multinational companies.
• The optimal allocation to emerging markets depends on individual risk tolerance and beliefs about their growth potential.
• Investors should be cautious about starting at the maximum allocation and consider rebalancing their portfolio if emerging markets perform well.
• Regulatory and geopolitical factors should be taken into account when making investment decisions.

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On this week's episode, Warren Ingram answers your questions around financial priorities for new parents. A new mom seeks advice on choosing between buying a retirement annuity (RA), life cover, or medical aid, tune in and learn about risk management protection, insurance and more.

Takeaways

• Prioritize risk management and protection before focusing on long-term savings.
• Get medical aid first to cover potential medical costs for yourself and your baby.
• Shop around and compare quotes from different providers for medical aid and insurance.
• Consider life and disability insurance to protect your child in the event of your death or inability to work.
• Once insurance is in place, consider long-term retirement savings options like a retirement annuity and tax-free savings account.
• Ask friends and family to contribute to a tax-free savings account for your child as a gift.

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Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In this episode, Warren Ingram and Chris Rule, Head of Products and Client Solutions at 10X, discuss the difference between volatility and risk in investing. They discuss that volatility, understanding the difference between permanent loss of capital and volatility, and how to manage and mitigate these risks through diversification and goal setting.

Takeaways

• Volatility is the measure of how much an investment goes up and down, while risk is the chance of not achieving your financial goals.
• Permanent loss of capital is when an investment goes to zero and you will never get that money back.
• Risk can be managed and mitigated through diversification, goal setting, and sound planning.
• Behavioral biases, such as fear of missing out and loss aversion, can affect investment decisions and should be managed.
• Investors should focus on the risks they can control and dial down the noise from media headlines.

For more valuable insights from the 10x team, click here.

Listen on: Apple Podcasts Spotify

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In this episode, Warren Ingram answers your questions around streamlining your investment strategy for maximum efficiency and growth. He reveals the secrets behind Linked Investment Service Providers (LISPs) and their role in portfolio management, highlighting their advantages for financial advisors. Warren also discusses why investment companies often outperform insurance companies in service and platform quality, and reviews specific LISPs.

Key Takeaways

• LISPs Explained: Ideal for financial advisors, offering streamlined portfolio management.
• Better Service: Investment companies outperform insurance companies in service and platform quality.
• LISP Review: Alan Gray and others, strengths and limitations in investment options.
• Retirement Planning: Use generic equity portfolios and tax-free savings accounts for growth.
• Regulation 28: Impact on retirement funds; balanced funds as a simple growth solution.

For more valuable insights from the 10x team, click here.

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In this episode, Warren Ingram explores the tax implications of investing money on behalf of a child. He explains why putting money in a child's name doesn't avoid taxes, as parents are taxed until the child turns 18, and discusses the tax consequences of donating money to children. Warren also highlights the benefits and cautions of tax-free savings accounts for children and suggests investing in endowments or unit trusts to benefit the child long-term. Tune in for insights on making smart financial decisions for your child's future.

Takeaways

• Investing money in a child's name does not avoid tax for the parent.
• Donating money to a child has tax consequences for the parent.
• Tax-free savings accounts for children should not be used for personal purposes.
• Consider investing in an endowment or unit trust for long-term benefits for the child.

For more valuable insights from the 10x team, click here.

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In today's episode Warren Ingram answers your questions about retirement annuities (RA) or a tax-free savings accounts (TFSA). Warren discusses the benefits of a TFSA including tax-free growth, RA offers a tax deduction on contributions, how Regulation 28 governs the maximums in retirement funds, and that decisions should consider both time horizon and psychological tolerance for risk and offshore allocations.

Takeaways

• Consider both time horizon and psychological tolerance for risk when deciding between a retirement annuity and a tax-free savings account.
• Regulation 28 governs the maximums in retirement funds, but a balanced portfolio with a high allocation to shares is generally recommended.
• Retirement funds now offer more flexibility and offshore allocation, making them attractive investments.
• Tax-free savings accounts offer tax-free growth, but contributions are not tax-deductible.

For more valuable insights from the 10x team, click here.

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In today's podcast Warren Ingram and Anton Eser, Chief Investment Officer at 10X Investments, delve into the US bond market, its significance, and the challenges it faces. They explore the relationship between the US bond market and global financial assets, as well as the impact of geopolitical and fiscal factors on the market.

Takeaways

• The US bond market is a critical component of the global financial system, influencing various financial assets worldwide.
• Geopolitical and fiscal factors play a significant role in shaping the dynamics of the US bond market and its sustainability.
• Proper diversification and cautious, conservative investment strategies are essential in uncertain economic environments.
• Understanding the relationship between the US bond market and global financial assets is crucial for making informed investment decisions.

For more valuable insights from the 10x team, click here.

Listen on: Apple Podcasts Spotify

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod