In today's episode, Warren Ingram and Pieter de Villiers discuss the critical importance of estate planning, focusing on Wills. Regardless of age or wealth, everyone needs a Will to ensure their wishes are honored after death. The conversation covers the consequences of not having a Will, the process of setting one up, appointing executors and guardians, and the necessity of reviewing and updating Wills regularly. They also touch on the complexities of foreign Wills for assets held outside of South Africa, highlighting the need for proper planning to avoid complications for loved ones left behind.

Takeaways

• Everyone needs a will, regardless of age or wealth.
• Planning for death is a responsibility to your family.
• Without a will, your estate gets frozen.
• A well-structured will can prevent family disputes.
• Parents must have a will to protect their children.
• You can appoint an executor to manage your estate.
• Wills should be reviewed every few years.
• Pets should be included in your will.
• Foreign assets may require a separate will.
• It's essential to communicate your wishes clearly.

Learn more about Prescient Investment Management here.

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An Acxiom podcast where we discuss marketing made better, bringing you real...

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In this episode Warren Ingram invites Chris Rule, Head of Products and Client Solutions at CoreShares 10X, to discuss the evolving themes in the asset management industry, particularly focusing on the concept of investment solutions. They explore the distinction between genuine investment solutions and marketing jargon, the importance of goal-oriented investing, and the differences between alpha and beta investments.

Takeaways

• Investment themes evolve over time, some fade while others persist.
• Investment solutions should genuinely address specific financial goals.
• Greenwashing was a critique of marketing over substance in investments.
• Certainty in achieving financial goals is more important than chasing alpha.
• Not all funds marketed as solutions are truly designed to meet specific objectives.
• Understanding the difference between alpha and beta is crucial for investors.
• Investors should seek clarity in their financial objectives.
• The investment industry often uses jargon that can mislead investors.
• A focus on outcomes can lead to better investment decisions.
• Investors need to be aware of the risks associated with alpha chasing.

Learn more about 10X Investments today: https://bit.ly/4hiEscG

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An Acxiom podcast where we discuss marketing made better, bringing you real...

Listen on: Apple Podcasts Spotify

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In this episode, Warren Ingram and Pieter de Villiers delve into the complexities of investment fees, discussing various types of fees including investment management fees, platform fees, and advisor fees. They speak to the importance of understanding these fees and their impact on long-term investment returns. The conversation also highlights the need for transparency in fee structures and the value that financial advisors can provide beyond just managing investments.

Takeaways

• Understanding investment fees is crucial for building wealth.
• There are various types of investment fees: management, platform, and advisor fees.
• Free services often come with hidden costs.
• Investment management fees can vary significantly based on fund type.
• Active management typically incurs higher fees than passive management.
• Platform fees can be structured as a percentage or fixed fee.
• Advisor fees should reflect the value provided to the client.
• Transparency in fee structures is essential for informed decision-making.
• High fees can erode investment returns over time.
• It's important to regularly review and understand your investment fees.

Learn more about Prescient Investment Management here.

Send us a text

An Acxiom podcast where we discuss marketing made better, bringing you real...

Listen on: Apple Podcasts Spotify

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod