Ingram discussed the following seven things you should never do if you want be wealthy:
Trade your investments as often as possible.
Own shares or investments that are all more expensive than the index (e.g. buy tech companies with a Price/Earnings ratio double or triple the index P/E).
Have a range of investments that are not diversified.
Buy investments you don’t understand.
Don’t pay tax.
Live on debt.
- Buy expensive vehicles.
Listen to the audio below for more detail.
The Money Show’s Bruce Whitfield interviews Treasury’s Ismail Momoniat and Banking Association South Africa’s Cas Coovadia.
The institute's Gwen Ngwenya explains why it took money from Coca-Cola to fund research on taxing beverages containing sugar.
The six megatrends the World Economic Forum believes will happen in the next decade.
Many people are uttering these nine words around this time of year. Come January they’ll be sorry, but it’ll be too late.
Why is Eskom, seemingly, sabotaging the world’s fastest-growing green energy programme?
Walker Scott Art Advisory’s Dr Fred Scott gives advice on building a high growth African art portfolio.