Streaming issues? Report here
magic-bus-on-capetalkpng
The Magic Bus on CapeTalk Classics
21:00 - 23:59
volume_up
volume_mute

The Magic Bus on CapeTalk Classics
21:00 - 23:59

I come from having very little, to having a lot - Craig Gradidge

28 August 2019 6:31 PM
The Money Show’s Bruce Whitfield interviews Gradidge about his attitude to money (hopes and fears, successes and failures, etc.).
https://gminvestments.co.za/

I grew up in a small, coloured township north of Durban. My dad passed when I was five years old. Life was fairly tough… My mom had three boys. And I was always hungry… We lost the car, lost the house...

Craig Gradidge, co-founder - Gradidge-Mahura Investments

I learned from my mom how to budget. So I can budget with the best of them!

Craig Gradidge, co-founder - Gradidge-Mahura Investments

Wine, whisky and my children! [When asked if he wastes money on anything.]

Craig Gradidge, co-founder - Gradidge-Mahura Investments

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week Whitfield interviewed Craig Gradidge, co-founder and Financial Planner at Gradidge-Mahura Investments.

Gradidge holds a B.Com (Wits), B.Com Honours (UNISA), Post Graduate Diploma in Financial Planning (UFS) and an MBA (UCT).

He is a Certified Financial Planner (CFP) and a member of the Financial Planning Institute of Southern Africa (FPI).

Gradidge has been in the industry for 23 years.

  • What does he believe about money?

  • Does it keep him up at night?

  • Does he save compulsively?

  • How did his childhood experiences shape his views on money?

Listen to the interview in the audio below (and scroll down for more quotes from it).

…The average adviser in this country is white, male, Afrikaans-speaking and 53 years old… The market is young, black, professional…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

I come from having very little to having a lot…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

We came into the market at exactly the wrong time. So, we had to cut back… You have to adapt and be flexible. You’ve got to play the hand you’ve been dealt…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

I invest in some exotic stuff… Some of it good, some ended in tears…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

The very first share I ever bought was Murray and Roberts…. I bought in 1998 for R3 and I sold at R6… an expensive lesson because it went to R100…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

I invested in Grand Parade and sold out at R450… that’s helped a lot – risk management awareness… I got out of Steinhoff at R65… I took a punt when it got horribly smashed…

Craig Gradidge, co-founder - Gradidge-Mahura Investments

Nothing comes to mind immediately. [When asked about his worst money mistake.]

Craig Gradidge, co-founder - Gradidge-Mahura Investments

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


28 August 2019 6:31 PM

More from The Money Show with Bruce Whitfield

sugar-bowl_spoon.jpg

PwC report finds accounting irregularities at Tongaat Hulett

2 December 2019 12:36 PM

The Money Show's Bruce Whitfield chats to Opportune Investments fund manager Chris Logan.

Share this:
Read More arrow_forward

Black Friday shoppers shopping consumerism 123rfbusiness 123rflifestyle 123rf

FNB processes almost 3,000 transaction per second on 2019 Black Friday

2 December 2019 11:16 AM

The Money Show’s Bruce Whitfield chats to CEO Jacques Celliers on the impact the day had on South African bankers.

Share this:
Read More arrow_forward

180323 Cape Town International Jazz Festival 2018 5

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

14 October 2019 11:07 AM

Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Piggy bank

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

14 October 2019 10:30 AM

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

Share this:
Read More arrow_forward

South African passport

'Emigration is draining skills, destroying the future of South Africa’s economy'

10 October 2019 3:37 PM

Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.

Share this:
Read More arrow_forward

Income tax

How to get a nice, fat tax refund from Sars (a guide for business owners)

9 October 2019 2:57 PM

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

Share this:
Read More arrow_forward

jeremy-mansfieldjpg

Jeremy Mansfield gets real about his money and beliefs about it

13 September 2019 1:03 PM

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Albie-Sachs.jpg

'We had a disdain for money. Material possessions counted for so little'

12 September 2019 3:20 PM

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

riky-watch-ricky-rick-live-as-we-prepare-for-huawei-joburg-day-2018

My daughter (10) and son (5) must start working early - Riky Rick

30 August 2019 2:06 PM

Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

used-car-salesmanjpg

Buying a used car? New app sends mechanic to inspect it before you decide

28 August 2019 8:16 PM

Hanru Reyneke is on a mission to disrupt the used-car industry in South Africa by providing peace of mind to punchdrunk consumers.

Share this:
Read More arrow_forward