Contribution R
Growth per annum %
Investment period years
Total contribution R
Growth R
Final value R

Your wealth in good company

Wealth is not only created by investing your savings but also by limiting the loss of money due to a lack of experience, time, knowledge and proper financial advice. Save yourself valuable time by allowing the team at Delfin to share with you our experience, knowledge and approach to understandable and transparent financial advice.


18 and over

So you require basic financial advice! You are moving into the “real” world and want to know about financing your first car…and insuring it. And what about your mobile phone and other electronics? How does travel insurance work? Do I need it?

Thinking of investments? What is a share portfolio and an equity fund? You may be unsure about the global financial systems and whether a long-term investment will be secure.

As a young person you are best placed to understand and use the magic of compound growth. Wealth grows from a little to a lot over time and that is exactly what you have on your side... time!

You may not want to invest all your spare money, but hey, find the right combination and it becomes a win on all sides.

You may need some personal insurance (what happens if you become disabled?) or insurance for your electronic gizmos. Use some money and try the magic of compound growth and keep the investment liquid (available when you want it).

You need a partner who is objective and has the knowledge and experience to help you make the right decisions.

Some of the things you would want to know and what Delfin can help you with:

Does it really make a difference saving R500 a month?

Time and compound growth makes a remarkable difference over the long term This is simply growth upon growth... earning interest on interest. So the sooner you start saving or investing even a small amount of money, the more you benefit from having more years of receiving growth on your investment.

Consider the difference in the final value of a R500 per month investment at age 65, when starting at different ages:

Age at start: Total contributions: Value at age 65:
25 R240,000 R3,162,040
35 R180,000 R1,130,243
45 R120,000 R    379,684

 *Investment growth of 10% per year.

Use the wealth calculator by entering your own monthly investment contribution, growth rate and investment period.

Calculator

 

Do I have the correct structures in place to execute my wishes at death?

Do I need a Will if I die? Do I need a Trust? Can I create a family trust in my Will? Who will be the executor of my estate so that my assets will be divided amongst my beneficiaries as I stipulated in the Will? How can I reduce estate duty taxation?

How do I avoid and not evade tax?

Use the available investment vehicles to reduce your income tax. Are you aware of all the deductions that are available to you?

What is the difference between a share portfolio and an equity fund?

A share portfolio is a number of shares that you own in companies that are normally traded on the Johannesburg (or other international) Stock Exchange (also known as JSE). You become a shareholder (co-owner) of that company by buying the companies’ shares.

The company therefore works for you and normally pays you dividends (tax-free) every year as income to you. You can sell or buy more of the shares depending on the valuation you place on the company. The share price can go up or down, but normally increases over a longer period.

By investing in an equity fund you buy units of that fund. The fund manager takes all the investors' money and buys the shares of different companies after analysing their track records and performances. That way you indirectly “own” the shares in the companies via the units that you have in the fund. The units are priced every day and can be traded (bought and sold) on any business day. The unit price can go up or down, but normally increases over a longer period.

How do I insure my electronics and my car?

Insure against theft, accidents and other events. A car financing company will not finance your car if its not comprehensively insured. Get different quotes and make sure your insurance adviser will assist you should you have a claim.

How do I pay for advice?

How you pay will be determined by the services you require, and may include the following:

- Financial planning and consultation fees for which an invoice is issued.

- Investment advice fees on investments that are made through us.

- Commission on certain insurance policies that are implemented through us.

You will always be told what fees you will pay or how much commission we may earn before you are asked to make a decision.