Property Investment During An Economic Recession

The Story What is economic recession?This term refers to an extreme weakening in the economy which affects economic activities across an entire region. A recession is characterized by slowed-down activities that are essential for economic growth. When there is a decline in employment, consumer spending and industrial production the economy is negatively affected.Home-loan Interest Rates Currently, the home-loan interest rate is…

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Commercial Property Investments – Advantages and Disadvantages

The Story Is Commercial Property Worthwhile?Commercial property refers to a specific type of real estate property that is used for business activities. This definition also includes large residential properties used for rental purposes and land that is assigned for use to make profits. “The designation of a property as commercial has implications on the financing of the building, the tax treatment,…

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Retirement – An Inevitable Reality

The Story The Retirement RealitySimply put – retirement happens when someone who works leaves their job and stops working permanently or on a full-time basis. While retirement is inevitable for most of the working class, more and more people are still uncertain about their sustenance after leaving work. Some retirees have realised that having a grip on financial spending, a…

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5 Financial Lessons of 2020

The Story If 2020 has taught us anything, it’s that you should always have a back-up plan – just in case things go…awry.We’ve witnessed the global catastrophe where many have lost their jobs due to the coronavirus. Millions of South Africans have lost an income during the last few months – and those who still have jobs have had to…

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