Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement

Honest Money

#MBA #Trading #Business #Warren Ingram #Investing #Finance #Money #Wealth #Personal Finances

1:54

Jerry Seinfeld jokes about the phrase "it is what it is' in his Netflix special, "23 Hours To Kill".

about a year ago 24:29

MP3•Episode home

Achieving financial freedom can be daunting during market downturns.
Panic selling is one of the worst mistakes investors can make.
Understanding psychological responses to loss can help in decision-making.
Markets typically experience fluctuations; this is normal.
Controlling expenses during retirement can help manage financial stress.
Finding purpose post-retirement is crucial for emotional well-being.
Investing in a balanced portfolio is essential for long-term success.
Phasing investments during volatile markets can mitigate risks.
Having a cash buffer can provide security during market corrections.
Emotional management is key to successful investing.

Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text

Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...

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

Chapters

1. Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement (00:00:00)

2. [Ad] Real Talk About Marketing (00:13:21)

3. (Cont.) Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement (00:14:07)

268 episodes

Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement

Honest Money

18 subscribers

published about a year ago

MP3•Episode home

Achieving financial freedom can be daunting during market downturns.
Panic selling is one of the worst mistakes investors can make.
Understanding psychological responses to loss can help in decision-making.
Markets typically experience fluctuations; this is normal.
Controlling expenses during retirement can help manage financial stress.
Finding purpose post-retirement is crucial for emotional well-being.
Investing in a balanced portfolio is essential for long-term success.
Phasing investments during volatile markets can mitigate risks.
Having a cash buffer can provide security during market corrections.
Emotional management is key to successful investing.

Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text

Real Talk About Marketing
An Acxiom podcast where we discuss marketing made better, bringing you real...

Listen on: Apple Podcasts Spotify

Chapters

1. Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement (00:00:00)

2. [Ad] Real Talk About Marketing (00:13:21)

3. (Cont.) Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement (00:14:07)

268 episodes

#MBA #Trading #Business #Warren Ingram #Investing #Finance #Money #Wealth #Personal Finances

All episodes

1
Beyond Greenwashing: What Makes an Investment Strategy Truly Meaningful 24:58

5 days ago24:58

24:58

In this episode Warren Ingram invites Chris Rule , Head of Products and Client Solutions at CoreShares 10X , to discuss the evolving themes in the asset management industry, particularly focusing on the concept of investment solutions. They explore the distinction between genuine investment solutions and marketing jargon, the importance of goal-oriented investing, and the differences between alpha and beta investments. Takeaways Investment themes evolve over time, some fade while others persist. Investment solutions should genuinely address specific financial goals. Greenwashing was a critique of marketing over substance in investments. Certainty in achieving financial goals is more important than chasing alpha. Not all funds marketed as solutions are truly designed to meet specific objectives. Understanding the difference between alpha and beta is crucial for investors. Investors should seek clarity in their financial objectives. The investment industry often uses jargon that can mislead investors. A focus on outcomes can lead to better investment decisions. Investors need to be aware of the risks associated with alpha chasing. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
The Hidden Cost of ‘Free’: Understanding Investment Fees 30:01

12 days ago30:01

30:01

In this episode, Warren Ingram and Pieter de Villiers delve into the complexities of investment fees, discussing various types of fees including investment management fees, platform fees, and advisor fees. They speak to the importance of understanding these fees and their impact on long-term investment returns. The conversation also highlights the need for transparency in fee structures and the value that financial advisors can provide beyond just managing investments. Takeaways Understanding investment fees is crucial for building wealth. There are various types of investment fees: management, platform, and advisor fees. Free services often come with hidden costs. Investment management fees can vary significantly based on fund type. Active management typically incurs higher fees than passive management. Platform fees can be structured as a percentage or fixed fee. Advisor fees should reflect the value provided to the client. Transparency in fee structures is essential for informed decision-making. High fees can erode investment returns over time. It's important to regularly review and understand your investment fees. Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Taming Uncertainty: The Power and Pitfalls of Diversification 27:17

19 days ago27:17

27:17

In this episode, Warren Ingram and Pieter de Villiers discuss the critical concept of diversification in investing. They explore its benefits, the risks of over-diversification, and strategies for effective asset allocation. They touch on the importance of balancing index and active management, simplifying investment strategies, and embracing uncertainty as a key component of successful investing. Takeaways Diversification is essential for long-term investment success. Over-diversification can lead to diluted returns. Invest across different asset classes, regions, and company sizes. Time diversification helps manage market volatility. Avoid chasing the latest investment trends to prevent losses. A balanced portfolio should include both index funds and active management. Simplicity in investment strategies often yields better results. Consolidating investments on fewer platforms can reduce complexity. Understanding market cycles is crucial for effective diversification. Diversification is a powerful tool against uncertainty in investing. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Risky Business: Mastering Volatility, Inflation & Long-Term Gains 26:38

26 days ago26:38

26:38

In this episode Warren Ingram and Pieter de Villiers delve into the concept of investment risk, exploring various types of risks that investors face, including volatility and inflation risk. They speak through the importance of understanding personal inflation rates and how they can impact financial goals, the significance of having a well-structured investment strategy and the opportunity costs associated with market timing and the necessity of staying invested to capitalize on market recoveries. Takeaways Investment risk encompasses various types, including volatility and inflation risk. Understanding personal inflation rates is crucial for financial planning. Investing in cash may not keep pace with inflation. A well-structured portfolio can mitigate risks over time. Market volatility is a normal part of investing. Opportunity cost arises from not being invested during market recoveries. Long-term investment strategies are essential for achieving financial freedom. Awareness of inflation can help in making informed investment decisions. Understanding your perception of risk is essential for investing. Balancing risk and comfort is key to successful investing. Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement 24:29

5 weeks ago24:29

24:29

In this episode, Warren Ingram and Pieter de Villiers discuss the challenges and strategies associated with achieving financial freedom, particularly during market downturns. Talking through the psychological aspects of investing, the importance of planning for withdrawals during retirement, and the need to find purpose and income post-retirement. Takeaways Achieving financial freedom can be daunting during market downturns. Panic selling is one of the worst mistakes investors can make. Understanding psychological responses to loss can help in decision-making. Markets typically experience fluctuations; this is normal. Controlling expenses during retirement can help manage financial stress. Finding purpose post-retirement is crucial for emotional well-being. Investing in a balanced portfolio is essential for long-term success. Phasing investments during volatile markets can mitigate risks. Having a cash buffer can provide security during market corrections. Emotional management is key to successful investing. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
How Much Is Enough? Calculating Your Financial Freedom Number 24:04

6 weeks ago24:04

24:04

In this episode of Honest Money, Warren Ingram and Pieter de Villiers discuss the concept of financial freedom and how to calculate your financial freedom number. They touch on the importance of understanding personal lifestyle costs, the 4% rule for sustainable withdrawals, and the need for flexibility in financial planning. The conversation also touches on the balance between enjoying life now and saving for the future, as well as the significance of tracking progress towards financial goals. Takeaways Financial freedom means making choices based on desire, not necessity. You only need enough assets to sustain your desired lifestyle. Calculating your financial freedom number is a personal process. Track your actual expenses to get a realistic financial freedom number. The 4% rule is a guideline for sustainable withdrawals from investments. Flexibility in financial planning is crucial for adapting to life changes. Balancing current enjoyment with future savings is essential. Celebrate small wins in your financial journey to stay motivated. Regularly update your financial freedom number as circumstances change. Controlling expenses is key to achieving financial freedom faster. Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Protect Your Paycheck: The Truth About Disability & Life Insurance 25:10

7 weeks ago25:10

25:10

In this episode Warren Ingram and Pieter de Villiers discuss the critical aspects of insurance, focusing on disability insurance and life assurance. They emphasize the importance of protecting one's ability to earn an income and ensuring financial security for loved ones in the event of death. The conversation covers the complexities of insurance products, the significance of underwriting, and the need for regular evaluations of insurance needs as life circumstances change. Takeaways Your ability to earn an income is your biggest asset. Disability insurance is crucial for financial security. Life assurance protects your loved ones from financial burdens. Be transparent with your insurance company to avoid claim issues. Evaluate your insurance needs regularly as life changes. Don't cancel insurance without securing new coverage first. Compare insurance quotes carefully to ensure you're getting the best deal. Understand the underwriting process to avoid being uninsurable later. Insurance through employment can be a valuable resource. Consider both income protection and lump sum disability cover. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Insurance 101: What You Need, What You Don’t, and How to Save 28:38

8 weeks ago28:38

28:38

In this episode Warren Ingram and Pieter de Villiers discuss the critical role of insurance in financial planning. They explore various types of insurance, including short-term and long-term options, and emphasize the importance of health insurance and medical aid. The conversation also covers strategies for reducing insurance costs and the need for comprehensive coverage as life circumstances change. Takeaways Insurance is essential for financial security. Understanding the risks you face is crucial. Insurance should be viewed as a smart investment. Short-term insurance protects your physical assets. Health insurance is vital for unexpected medical expenses. Hospital plans cover major medical costs, while medical aid covers day-to-day expenses. Shopping around for insurance can save money. Increasing your excess can lower your premiums. Be cautious of insurance companies' loyalty programs. Planning for future medical needs is important. Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Market Mayhem or Opportunity? Strategies for Volatile Markets 25:13

8 weeks ago25:13

25:13

In this bonus episode, Warren Ingram and Bastian Teichgreeber discuss navigating investments during volatile market conditions. They emphasize the importance of diversification, understanding valuation metrics, and making rational investment decisions amidst uncertainty. The discussion covers the impact of political events on markets, the attractiveness of South African bonds, and the undervaluation of the rand. Key Takeaways Navigating Volatile Markets Investment Strategies in Uncertain Times Valuation Metrics and Market Analysis Understanding Bonds and Real Yields Political Uncertainty and Investment Decisions Currency Valuation and Investment Strategy Systematic Investing and Emotional Biases Finding Calm in Market Uncertainty Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
From Volatility to Victory: Asset Allocation for Long-Term Wealth 32:56

9 weeks ago32:56

32:56

In this episode Warren Ingram and Pieter de Villers discuss the critical importance of asset allocation in investment strategies. They explore various asset classes, the role of risk, and how to determine the right equity allocation based on individual goals and time horizons. The discussion also delves into the distinction between lifestyle assets and investment assets, the types of investment risks, and the significance of managing volatility, emphasizing the need for automation in investment processes and the importance of long-term strategies, especially in retirement planning. Takeaways Asset allocation is the most crucial investment decision. A balanced mix of assets can lead to investment success. Understanding different asset classes is essential for investors. Equities serve as the growth engine in an investment portfolio. Risk management is vital to achieving financial goals. Investors should be aware of lifestyle assets versus investment assets. Volatility is a natural part of investing; manage it wisely. Automating investments can help mitigate emotional decision-making. Long-term investment strategies are key to financial security. Investing should be a disciplined habit, not a source of excitement. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Retire Smart: Contributions, Tax Breaks & Cash Flow 18:22

10 weeks ago18:22

18:22

In this episode Warren Ingram and Pieter de Villiers discuss the intricacies of retirement fund contributions, tax benefits, and investment strategies for individuals nearing retirement answering your questions. They speak to the importance of understanding contribution limits, maximizing tax benefits, and the need for liquidity in retirement. Question: "Hello Honest Money team, I have a question regarding which in your opinion is the better long term (15 years or more) approach: Contributing more than R350k per year to your provident fund or only contributing up to R350k and putting the rest in to a tax free savings account? From my own research there seems to be merit in both, but I'm still unclear on what the optimal solution could be. I would appreciate your opinion on this. Thank you and regards, Gert Kruger." Takeaways You can contribute up to 27.5% of your taxable income to retirement funds. Over-contributions to retirement funds can be rolled over for tax benefits. Tax-free savings accounts have strict contribution limits and penalties for over-contribution. Maximizing contributions to retirement funds is generally advisable for tax benefits. Liquidity is crucial in retirement for unexpected expenses and lifestyle choices. Flexibility in accessing funds is more valuable than strict tax efficiency. Diversification helps mitigate concentration risk in retirement planning. Endowments can be beneficial for high-income earners due to tax advantages. It's important to balance tax planning with overall investment strategy. Life events can impact financial decisions, so having accessible capital is essential. Learn more about Prescient Investment Management here . Send us a text 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…

1
Family Fortunes: How to Set Your Kids Up for Lifelong Wealth 19:59

11 weeks ago19:59

19:59

In this episode, Warren Ingram and Pieter de Villiers discuss the importance of financial planning for children, particularly in the context of investing for their future. They explore various investment strategies, account structures, and the significance of financial education. The conversation also delves into tax considerations for global investments and the potential use of trusts for managing significant assets, and more. T akeaways Investing for children should start early to maximize compounding. Consider tax implications based on residency status. Joint accounts can provide control over funds for minors. Education about money is crucial for future financial success. Trusts can be beneficial for managing large assets. Keep investment strategies simple and straightforward. Involve children in financial discussions to enhance literacy. Understand the complexities of international tax laws. Fairness in investment amounts can be subjective. Start with equal amounts and let investments grow over time. Learn more about 10X Investments today: https://bit.ly/4hiEscG Send us a text 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…

1
Invest Smart: Tax-Free Accounts, Global Diversification & More 26:44

12 weeks ago26:44

26:44

In this episode Warren Ingram and Pieter de Villiers answers your questions on building a solid financial foundation, investment strategies for young adults, and the importance of global diversification. They discuss the significance of tax-free savings accounts, retirement planning, and the balance between risk and reward in investments. Key Takeaways: Maxing out a tax-free savings account is a great start. Building a financial foundation involves budgeting and emergency funds. Investing in retirement funds can provide tax benefits. Diversification is crucial for long-term investment success. Avoid timing the market; focus on long-term growth. Invest in global markets to take advantage of opportunities. Automate investments to reduce stress and ensure consistency. Knowledge is the best investment you can make. Consider short and medium-term financial goals alongside long-term investments. Learn more about Prescient Investment Management here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Balancing Act: Home Loans, Investments, and Your Child’s Financial Future 27:44

13 weeks ago27:44

27:44

In this episode Warren Ingram and co-host Pieter de Villiers discuss the complexities of balancing home loans, investments, and children's education. They explore the trade-offs involved in financial planning, the significance of teaching children about money management and the long-term benefits of starting early with investments. Takeaways Debt can be a weapon of wealth destruction. Paying off a home loan can provide a guaranteed return. Investing in children's education is crucial but should not compromise retirement savings. Starting a tax-free savings account for children is beneficial, even if it's a small amount. Financial education for children is more valuable than monetary gifts. Balancing home loans, investments, and children's education requires careful consideration. Interest rates play a significant role in deciding between paying off debt and investing. Emotional factors, such as the desire to be debt-free, influence financial decisions. It's important to involve children in financial discussions and decisions. Learn more about how 10X Investment can help you now: https://bit.ly/4hiEscG Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

1
Value vs. Vanity: Making Smarter Car-Buying Decisions 11:39

14 weeks ago11:39

11:39

In this episode Warren Ingram discusses the impact of car finance on personal finances, speaking to the importance of understanding the true cost of car ownership. He provides strategies for paying off car debt faster and highlights the significance of making informed financial decisions regarding car purchases. Takeaways Understanding the impact of car finance is essential for financial freedom. Car companies often mislead consumers about affordability versus value. Paying off car debt faster can significantly improve cash flow. Interest rates on vehicle financing are typically higher than on home loans. It's advisable to drive cars for longer periods to maximize value. Building a cash reserve for future car purchases is crucial. Avoid the trap of financing cars to maintain financial stability. New cars depreciate quickly, leading to potential financial loss. Changing spending behavior can lead to better financial outcomes. Prioritize financial freedom over the desire to impress others. Learn more about Prescient Investment Management here . Send us a text 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…

Honest Money

1
From Side Hustles to Career Growth: The Power of Earning More 20:49

15 weeks ago20:49

20:49

In this episode, Warren Ingram and Pieter de Villiers discuss the challenges of saving money and the importance of increasing income through various means. They explore the significance of a conscious spending plan, the potential of side hustles, and the critical role of mindset and attitude in career growth. Takeaways Cutting expenses can only go so far. A conscious spending plan is essential. Increasing income is a viable option. Upskilling can enhance earning potential. Side hustles can provide additional income. Creativity is key in finding income opportunities. Your attitude can significantly impact your career. Resilience is crucial in overcoming challenges. Viewing problems as opportunities can lead to success. Hard work and determination are necessary for growth. Learn more about 10X Investments here . Send us a text 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…

Honest Money

1
The Future of Markets: Bonds, Japan’s Rise & South Africa’s Potential 27:36

15 weeks ago27:36

27:36

In this episode of Honest Money, Warren Ingram and Rupert Hare , Head of Multi-Asset at Prescient , discuss the current state of global markets amidst political uncertainty and economic shifts. They explore historical parallels, the importance of valuations, and the need for diversification in investment strategies. The conversation highlights opportunities in fixed income, the rise of Japan as a market to watch, and the potential in South Africa despite its challenges. Takeaways Valuations always count. They always, always count. You get paid to take risk in investments. Bonds are offering such good yields. Diversification literally is the only free lunch in investing. We're seeing a structural shift in Japan. Investors should look at South Africa more objectively. It's important to remain objective. You can get exposure to all of these asset classes at extremely low cost. Learn more on how Prescient Investment Management can help you here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

Honest Money

1
Save vs. Invest: Crafting a Life You Can Afford (and Enjoy) 21:45

16 weeks ago21:45

21:45

In this episode, Warren Ingram and Pieter de Villiers discuss the critical question of how much one should save each month. They explore the balance between saving and investing, the extremes of the FIRE movement, and the importance of finding a personal savings percentage that aligns with individual lifestyle choices. The discussion emphasizes the need for purpose in retirement and the importance of balancing current living with future savings. Takeaways Saving is essential, but it should be balanced with living. Understanding your desired lifestyle is crucial for saving decisions. Saving is different from investing; both are necessary. The FIRE movement promotes extreme frugality for early retirement. Aiming to save 15% of your income is a good starting point. Finding purpose in life is key to happiness in retirement. It's important to enjoy life while saving for the future. You can't help others if you're financially struggling yourself. Start saving, even if it's a small amount; habits matter. Balance between current enjoyment and future security is vital. Send us a text 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…

Honest Money

1
Buy or Rent? The Truth About Homeownership in South Africa 22:22

17 weeks ago22:22

22:22

In this conversation, Warren Ingram and Pieter de Villiers , delve into the contentious topic of buying versus renting a home in South Africa. They explore the polarized views surrounding this issue, covering the financial implications of both options, the emotional aspects of home ownership, and the long-term considerations that should be taken into account when making such a significant financial decision. Takeaways Buying or renting is a heated discussion with polarized views. Financial implications of buying a home can be significant. Buying makes sense if you plan to stay for 8-10 years. Renting provides flexibility and is often less financially burdensome. House prices generally move with inflation over time. Home ownership can be seen as an investment, but it's not always guaranteed to be profitable. It's important to consider all costs associated with buying a home. Home ownership is often seen as an asset, but it comes with ongoing costs. Renting can allow for better living conditions in expensive areas. Understanding the landlord-tenant relationship is key to a positive renting experience. Buy-to-let properties should be viewed as a business venture, not just an investment. Send us a text 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…

Honest Money

1
Retirement Funds Unpacked: Tax Benefits, Fees & Smart Investing 19:42

18 weeks ago19:42

19:42

In this conversation, Warren Ingram and Pieter de Villiers discuss the complexities of retirement funds, including pension funds, provident funds, and retirement annuities. They explore the recent regulatory changes that have made retirement funds more accessible and beneficial for individuals. The discussion highlights the tax advantages of these funds, the importance of understanding fees, and the necessity of making informed investment decisions. Takeaways Retirement funds are essential for self-provisioning in old age. Recent regulations have improved the accessibility of retirement funds. Tax benefits of retirement funds include tax-free growth and deductions. Understanding fees is crucial for maximizing retirement savings. Retirement funds offer protection from creditors in case of debts. The ability to invest a significant portion internationally is a recent change. The two-pot system allows for emergency access to funds. Investing in retirement funds can lead to significant long-term growth. Choosing the right retirement fund can mitigate high fees. Informed decision-making is key to successful retirement planning. Send us a text 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…

Honest Money

1
Intentional Wealth: Building a Portfolio That Works for You 19:43

19 weeks ago19:43

19:43

In today's episode, Warren Ingram and Pieter de Villiers discuss the essential aspects of choosing the right investments. They emphasize the importance of understanding asset allocation, risk tolerance, and the psychological factors that influence investment decisions. The discussion also highlights the need for a balanced approach to investing, where short-term and long-term goals are considered, and the emotional responses to market fluctuations are managed. Takeaways Choosing the right investment starts with understanding your goals. Asset allocation is crucial for building a solid investment foundation. Timeframes dictate the types of investments you should consider. Risk tolerance is a psychological factor that influences investment decisions. Education is key to making informed investment choices. Behavioral finance plays a significant role in investment success. Creating a balanced portfolio helps manage risk and achieve financial goals. Intentional investing requires clarity about why you are investing. Investing should be a fun and rewarding process. Money is a tool to help you live your best life. Send us a text 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…

Honest Money

1
Estate Planning Essentials: Protecting Your Retirement Funds for Loved Ones 32:27

20 weeks ago32:27

32:27

In today's conversation, Warren Ingram and David Hurford discuss the critical topic of what happens to retirement funds upon the death of an individual, particularly focusing on the implications for young children and dependents. The discussion covers the differences between approved and unapproved life insurance policies, the management of funds for minor dependents, and the advantages of using beneficiary funds as a secure and regulated option for managing these assets. Takeaways It's critical to have a will to guide your beneficiaries. Retirement funds have specific rules regarding beneficiary nominations. Trustees have a legal obligation to ensure fair distribution of benefits. Your dependents, not just nominated beneficiaries, will receive benefits. Keeping your nomination form updated helps trustees make informed decisions. Retirement funds are excluded from your estate for tax purposes. Approved life insurance policies are managed by the retirement fund trustees. Beneficiary funds provide a regulated way to manage funds for minors. Proper estate planning is essential for managing dependents' funds. Beneficiary funds are a tax-free environment for managing retirement fund benefits. Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

Honest Money

1
Small Investments, Big Impact: Offshore Strategies for Everyday South Africans 22:01

21 weeks ago22:01

22:01

In this episode, Warren Ingram welcomes Pieter de Villiers, also known as Money Marx , as the new co-host of Honest Money . Together, they explore the importance of offshore investing, emphasizing its accessibility to all South Africans. They discuss key topics such as the benefits of diversifying investments, strategies for currency conversion, and the tax implications of offshore investments. Additionally, they provide practical insights on investing in global markets while taking the South African context into account. Takeaways Offshore investing opens up a world of opportunities. Diversification is a core principle of investment. Investing offshore is accessible to all South Africans. You can start investing with small amounts like 10 rand. It's important to have some exposure to RANs for stability. The medium person should consider a 25-50% offshore exposure. Tax implications are crucial when investing offshore. Investing through RAND denominated funds is a viable option. Understanding where your investment is domiciled is key. Diversification helps mitigate risks in uncertain markets. Send us a text 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…

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Balancing Morality and Money: Supporting Domestic Workers’ Retirement 10:51

22 weeks ago10:51

10:51

In this today's Q&A, Warren Ingram discusses the moral responsibility of employers to support their domestic workers, particularly in terms of retirement savings. He emphasizes the conflict between immediate financial needs and long-term savings goals, advocating for open communication and financial education. Warren suggests a balanced approach to financial planning that considers both the urgent needs of employees and their future security. Takeaways Contributing to retirement savings for domestic workers is a moral imperative. Many domestic workers face immediate financial needs that conflict with long-term savings. Open and honest conversations between employers and employees are crucial. Financial literacy is essential for helping domestic workers understand their options. Employers should avoid being paternalistic and instead empower their employees. A blend of immediate access to funds and long-term savings is advisable. Understanding the difference between needs and wants is vital in financial discussions. Employers should approach financial education with patience and clarity. Asking employees how they want to be helped fosters better relationships. It's important to do homework and learn from others' experiences in similar situations. Send us a text 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…

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2024 in Review: Inflation, Tech Stocks, and Emerging Markets in 2025 16:18

23 weeks ago16:18

16:18

Welcome to the new year, in this episode Warren Ingram reflects on the events of 2024 and shares insights for the upcoming year. He discusses the changes at Honest Money, including new written and video content, and delves into the political landscape's impact on economies, particularly in South Africa. Warren highlights the importance of inflation and interest rates in the global economy, the valuation of tech stocks, and the potential of emerging markets, emphasizing the need for diversification in investment strategies for 2025. Takeaways Honest Money is expanding its content offerings with more written articles and video content. The political landscape in 2024 has led to significant changes in voter sentiment and party dynamics. Inflation and cost of living are major concerns for voters globally, impacting political outcomes. South Africa is experiencing a shift in governance with a government of national unity. The outlook for energy supply in South Africa is improving, with hopes for reduced load shedding. National health insurance poses a risk to the healthcare sector in South Africa if not managed properly. Global inflation trends will influence central bank policies and interest rates in 2025. Tech sector valuations are high, raising concerns about sustainability and future growth. Emerging markets present investment opportunities, but caution is advised due to varying economic conditions. Diversification across asset classes is crucial for investors in an uncertain global environment. Get access to all our written content, tips & finance tricks HERE . Send us a text 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…

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Sustainable Wealth: How ESG Principles Are Shaping Smarter Investments 22:44

27 weeks ago22:44

22:44

In this episode, Warren Ingram and Michelle Green , Credit Analyst at Prescient , delve into the concept of ESG (Environmental, Social, and Governance) investing. They explore its significance in aligning investments with personal values, the interconnectedness of ESG factors, and the challenges posed by ESG ratings. They also addresses the future of ESG amidst skepticism and provide practical steps for investors looking to incorporate ESG principles into their investment strategies. Takeaways ESG stands for Environmental, Social, and Governance factors. Investing with ESG principles can lead to more resilient companies. The interconnectedness of ESG factors is crucial for holistic evaluation. Critiques of ESG ratings highlight the need for transparency and accountability. Long-term focus is essential for successful ESG investing. Investors should align their objectives with their values when considering ESG. Research shows that sustainable investing can outperform traditional methods. Engagement with companies is more effective than divestment in driving change. Understanding the methodology behind ESG ratings is vital for informed investing. Seeking financial advice can enhance understanding and options in ESG investing. Get more insight on how Prescient Investment Management can help you here . Send us a text 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…

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Rational Wealth: Managing Fear for Smarter Financial Choices 26:27

28 weeks ago26:27

26:27

In today's episode Warren Ingram and Dr. Marc Rogatschnig explore the profound impact of fear on financial decision-making. They discuss how fear and anxiety can lead to irrational choices, particularly in the context of investments and money management. The discussion delves into the evolutionary roots of fear, the concept of hypervigilance, and practical strategies for managing fear to make more rational financial decisions. Don't forget to grab a copy of Warren's new book, Small Changes for Big Results, here: https://bit.ly/4fPGmB4 Takeaways Fear significantly influences our financial behaviors. Understanding fear is crucial for better decision-making. Hyper vigilance can lead to irrational financial choices. Smart individuals may struggle more with fear-based decisions. Facing fears can help in overcoming them. Limiting exposure to negative influences is beneficial. Rational thinking is often compromised by fear. Asking positive questions can shift perspectives. Books provide deeper insights than fleeting news. Recognizing emotional triggers is key to managing fear. Get more insight on how Prescient Investment Management can help you here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

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Growing Futures: Unlocking Tax-Free Savings for Your Child 7:50

29 weeks ago7:50

7:50

In this weeks episode, Warren Ingram discusses the significance of tax-free savings accounts for children, emphasizing the long-term benefits of early contributions. He explains the mechanics of these accounts, including contribution limits and the importance of not withdrawing funds prematurely, and highlights the power of compounding growth with the potential for substantial wealth accumulation by the time the child reaches adulthood. Takeaways It's a no brainer for parents to fund a tax-free savings account for children. Starting contributions early provides a significant growth advantage. The lifetime contribution limit is R 500,000, not the investment value. Withdrawals reduce the lifetime contribution limit, so avoid them unless necessary. Contributions can come from family members, not just parents. Setting up a tax-free savings account is easy for minors. Gifting contributions instead of material items can lead to financial freedom. Compounding growth can lead to substantial wealth by adulthood. Encouraging contributions from family can maximize benefits. Financial education is crucial for future generations. For more valuable insights from the 10x team, click here. Send us a text 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…

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Imposter Syndrome and Your Wallet: Breaking the Cycle of Emotional Spending 25:53

30 weeks ago25:53

25:53

In this episode, Warren Ingram and Dr. Marc Rogatschnig delve into the complexities of imposter syndrome and its impact on financial behaviors. They explore how emotional spending can stem from low self-esteem and the need for external validation. The conversation emphasizes the importance of understanding the underlying motivations behind spending habits and offers strategies for overcoming these challenges through empathy and self-reflection. Get your copy now: https://bit.ly/4fPGmB4 Takeaways Imposter syndrome is a common experience affecting many individuals. Behavior change is challenging and requires sustained effort. Material possessions can be used to boost self-worth, often unconsciously. Empathy is crucial when addressing spending behaviors. Rebuilding confidence is a journey, not a quick fix. Self-worth should come from within, not from external validation. Recognizing triggers for imposter syndrome can help in managing it. Social media can exacerbate feelings of inadequacy. It's important to acknowledge and accept one's imperfections. Having supportive conversations can lead to personal growth. Get more insight on how Prescient Investment Management can help you here . Send us a text Real Talk About Marketing An Acxiom podcast where we discuss marketing made better, bringing you real... 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…

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Balanced Funds Unpacked: Diversifying for Long-Term Financial Success 22:27

31 weeks ago22:27