Moneybetter

Know better. Invest better. Moneybetter. Moneybetter is the more-in-one platform for DIY investors. It’s one platform, everything investing.

We bring together the best parts of an award-winning trading platform, managed products from trusted partners and essential news, views and interviews to bring you closer to your money and grow your wealth. Moneybetter is a proprietary platform of SCM DMA (Pty (Ltd) an authorised financial services provider (FSP No. 40983) and over-the-counter derivatives provider (ODP No. 45). Registered address: 48 7th Ave, Parktown North, Johannesburg, South Africa.

27/08/2024

There’s been quite a buzz about the two-pot system.

Some folks are already planning to use their Savings Pot to pay off debts—a smart move in line with the government’s recommendations. And others? Well, they are getting vacation-ready.

But before you start dreaming about what to do with that money, it’s best to understand what to expect. We know of the Savings Pot and the Retirement Pot, but did you know there’s a Vested Pot?

1. Vested Pot: This pot holds all your savings up to September 2024 and continues to grow under the old rules, but no new contributions can be added.

2. Savings Pot: Starting September 1, 2024, this pot allows for limited withdrawals in case of emergencies. However, withdrawals are taxed at your marginal rate, so think carefully before accessing these funds.

3. Retirement Pot: This pot is locked until retirement, safeguarding two-thirds of all your future contributions to ensure long-term financial security.

If you were older than 55 by 1 March, 2021, you can choose to stay with the old system or switch to the new one—just remember this decision is final.

For a comfortable retirement, plan ahead and consider consulting a financial advisor. Click the link below to learn more about the two-pot system. https://moneybetter.co/za/2024/08/20/understanding-south-africas-two-pot-retirement-system-financial-feast-or-famine/

27/03/2024

"Home is where the heart is," but is it the best place for your investments?

Home Bias is when you favour domestic over international assets. How can this impact your portfolio? It may erode the diversity and therefore the resilience of your investments. Try exploring global opportunities to ensure your investments aren't getting too cosy in one place.

Did you know Moneybetter has one of the best offshore offerings in South Africa? Find out how we can help you break free from Home Bias.

20/03/2024

Ever caught yourself in the wave of Herd Mentality? It's like being swept away by the crowd without questioning where it's headed. This herd behaviour often stems from a fear of missing out (FOMO).

To avoid being just another sheep in the flock, educate yourself. Make informed decisions rather than following trends blindly. Successful investors like Charlie Munger often stand against the crowd, making contrarian moves.

How have you overcome Herd Mentality in your investing journey?

13/03/2024

Anchoring Bias makes us stick to an initial piece of information, like an anchor holding a ship in place.

When investing, relying too heavily on the first report we receive can lead to skewed decisions. Anchoring Bias is so powerful that even irrelevant information starts to influence our financial decisions.

Stay updated and regularly reassess your investments based on the latest data to break free from this anchor's grasp.

05/03/2024

Navigating the complexities of the investment landscape demands a deep understanding of your investment needs, risk capacity, personal character, and mood fluctuations. Armed with this self-awareness, you can develop a strategic investment approach, gradually coaching yourself towards a more balanced and informed decision-making process.

Moneybetter strongly believes this, which is why our platform incorporates a guided investment architecture based on who you are. Ask us more about it below or send us an email: [email protected]

26/02/2024

The best state of mind to invest in is when you're feeling calm, cool, and neutral. This is because a positive state of mind often leads to fairly risky investment behaviour, as there is the hope of adding more emotional rewards to the day. On the other hand, a thunderous mood is construed as heightening perceptions of danger and motivates one to avoid risk.

Cultivating a calm and composed mindset in the face of both positive and negative external factors ensures more measured and rational investment choices.

20/02/2024

Have you ever caught yourself cherry-picking information that snugly fits into your pre-existing beliefs?

That's called Confirmation Bias. It's like having a favourite movie and only reading reviews that praise it. We tend to filter out dissenting opinions, affecting our investment decisions.

To overcome it, diversify your information sources and welcome different perspectives. Did you know Warren Buffett, a legendary investor, deliberately seeks out information that challenges his views?

We're keen to hear your strategies: How do you maintain an open mind in your financial journey? Share your experiences and tips below.

15/02/2024

Investment decisions are deeply intertwined with your character. Whether you lean towards risk-taking, prefer a cautious approach, or find yourself in a unique blend, these predispositions shape your financial choices. Evaluating your risk willingness and impulsivity is vital to creating a personalised risk profile—a financial DNA that guides you on your investment journey.

13/02/2024

Understanding your unique risk ability is a key foundational element of a robust investment strategy.

Where you are in life, in age, stage, and earning, contributes to your 'risk ability' score – your current ability to even consider taking a financial risk. Taking a moment for self-reflection on these factors is crucial for laying the groundwork for intelligent investing. After all, the journey to financial success begins with knowing yourself.

02/02/2024

Unlike passive approaches that unwind in cruise control, active bond strategies take the wheel and put the pedal to the metal.
It requires strategic moves to navigate market twists and turns, all in pursuit of outperforming benchmarks. It's like a high-octane race where investors actively select and trade bonds, aiming for potentially higher returns.

Ready to hit the road to bond investing success? Are you a cruiser or a racer?

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http://www.moneybetter.co/

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