Also read the following related article from Bruce Whitfield's "The Money Show":
Time and again people (even smart ones) make these same four mistakes when they inherit money, says Galileo Capital Financial Advisor Warren Ingram:
They forget about taxes.
They think they’re investment gurus.
They buy a holiday house or timeshare.
- They talk about how much they inherited.
The generation who are passing away now came from very little and worked very hard. They have a drive to leave something behind.— Galileo Capital Financial Advisor Warren Ingram
The problem is; we feel uncomfortable talking about these things, which can be ruinous to those who receive a large inheritance.— Galileo Capital Financial Advisor Warren Ingram
“Easy come, easy go.— The Money Show presenter Bruce Whitfield
If it feels like a lot of money; take a couple of months to think about it. Don’t do anything rash.— Galileo Capital Financial Advisor Warren Ingram
Be an uncover millionaire until you’ve learned to say ‘no’.— Galileo Capital Financial Advisor Warren Ingram
Listen to the audio for more detail.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Dracore Data Services CEO Chantelle Fraser.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.
Bruce Whitfield interviews Peter Hain (Wits Business School) and Steven Powell (Director in Forensics at ENS Africa).
Make the most of an unexpected (or expected) windfall such as a bonus, inheritance or (we can dream, can’t we?) lottery jackpot.
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Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.
The incident happened in the early hours of Wednesday morning.
A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.