MyMoney Online, The Personal Finance series with Warren Ingram

Money. Isn’t it ironic?

The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital, who talked about money ironies that make you think.

Scroll down for quotes from the audio below.

Try to fix the upper-end of the fees the product provider charges you.

Warren Ingram, Galileo Capital Financial Advisor

In your 40s and 50s, when you earn the most money, you have the least amount of time to invest and you can’t benefit that much from compounding.

Warren Ingram, Galileo Capital Financial Advisor

Start saving in your 20s, even if you can only save R100 a month.

Warren Ingram, Galileo Capital Financial Advisor

Don’t chase a sector simply because it performed well in the past. And be careful of chasing the star fund manager.

Warren Ingram, Galileo Capital Financial Advisor

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Money. Isn’t it ironic?


Recommended

by NEWSROOM AI
Read More
Investing in shares just got easier and WAY cheaper. Got R10?

Investing in shares just got easier and WAY cheaper. Got R10?

This new product enables ordinary South Africans to buy fractions of shares and accepts transactions as small as R10.

How to protect your wealth when market news is bad

How to protect your wealth when market news is bad

There is so much bad news right now. Financial Advisor Warren Ingram on how it should affect your financial decisions…

Do ETFs make sense when index tracker fees are lower?

Do ETFs make sense when index tracker fees are lower?

"Exchange Traded Funds have a lot of hidden costs. Do not invest in them!" says Sygnia's Magda Wierzycka. Is this fair comment?

Why the rand will most definitely recover

Why the rand will most definitely recover

The rand, it seems, is toast. But it will most definitely recover, says Galileo Capital's Warren Ingram.

Is your investment advisor useless?

Is your investment advisor useless?

How do you know if your investment advisor is useless? Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

How to prevent losses by diversifying your investments

How to prevent losses by diversifying your investments

Learn more about how diversification of asset classes, currencies, geographies, time and fund managers can help you prevent losses.

How I manage to invest a third of my income (despite earning peanuts)

How I manage to invest a third of my income (despite earning peanuts)

I earn peanuts, yet I’m slowly (but surely!) on my way towards never having to work for money ever again in my life.

How investing a third of my salary every month is making me rich (and free!)

How investing a third of my salary every month is making me rich (and free!)

A supersaver explains how she managed to invest R2.6 million and turn it into a whopping R3.7 million.

How to protect your wealth when the JSE is falling

How to protect your wealth when the JSE is falling

How to protect your wealth should the JSE start to weaken...

Why you need a pension fund (or retirement annuity) even if you own a house

Why you need a pension fund (or retirement annuity) even if you own a house

Many people falsely believe they do not have to save for retirement because they own the home they live in.

4 beliefs about shares that keep you from growing wealthy

4 beliefs about shares that keep you from growing wealthy

4 popular, yet patently false, beliefs about stock market investing that's holding you back.

Popular articles
KZN Metrorail services suspended due to vandalism

KZN Metrorail services suspended due to vandalism

Metrorail KZN Regional Spokesperson Zama Nomnganga says a build up of events led to the decision.

WC DA leader refuses to hand over electronic devices as party probes media leak

WC DA leader refuses to hand over electronic devices as party probes media leak

Western Cape DA leader Bonginkosi Madikizela confirmed that he was asked to hand over his devices but he says that he refused.

Transgender 'dragon lady' has ears removed and says testicles are next to go

Transgender 'dragon lady' has ears removed and says testicles are next to go

Tiamat Medusa has undergone extreme body modification and claims to be the most modified trans person in the world.

How Tracey Chambers is helping unemployed moms become entrepreneurs

How Tracey Chambers is helping unemployed moms become entrepreneurs

The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.

30 additional immigration officials deployed at OR Tambo

30 additional immigration officials deployed at OR Tambo

The Department of Home Affairs has deployed an additional 30 immigration officials to OR Tambo International Airport over the festive season.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.