In this episode, Warren Ingram and Pieter de Villiers discuss the challenges of saving money and the importance of increasing income through various means. They explore the significance of a conscious spending plan, the potential of side hustles, and the critical role of mindset and attitude in career growth. Takeaways Cutting expenses can only go so far. A conscious spending plan is essential. Increasing income is a viable option. Upskilling can enhance earning potential. Side hustles can provi...
Mar 08, 2025•21 min•Transcript available on Metacast In this episode of Honest Money, Warren Ingram and Rupert Hare , Head of Multi-Asset at Prescient , discuss the current state of global markets amidst political uncertainty and economic shifts. They explore historical parallels, the importance of valuations, and the need for diversification in investment strategies. The conversation highlights opportunities in fixed income, the rise of Japan as a market to watch, and the potential in South Africa despite its challenges. Takeaways Valuations alwa...
Mar 05, 2025•27 min•Transcript available on Metacast In this episode, Warren Ingram and Pieter de Villiers discuss the critical question of how much one should save each month. They explore the balance between saving and investing, the extremes of the FIRE movement, and the importance of finding a personal savings percentage that aligns with individual lifestyle choices. The discussion emphasizes the need for purpose in retirement and the importance of balancing current living with future savings. Takeaways Saving is essential, but it should be ba...
Mar 01, 2025•22 min•Transcript available on Metacast In this conversation, Warren Ingram and Pieter de Villiers , delve into the contentious topic of buying versus renting a home in South Africa. They explore the polarized views surrounding this issue, covering the financial implications of both options, the emotional aspects of home ownership, and the long-term considerations that should be taken into account when making such a significant financial decision. Takeaways Buying or renting is a heated discussion with polarized views. Financial impli...
Feb 22, 2025•22 min•Transcript available on Metacast In this conversation, Warren Ingram and Pieter de Villiers discuss the complexities of retirement funds, including pension funds, provident funds, and retirement annuities. They explore the recent regulatory changes that have made retirement funds more accessible and beneficial for individuals. The discussion highlights the tax advantages of these funds, the importance of understanding fees, and the necessity of making informed investment decisions. Takeaways Retirement funds are essential for s...
Feb 15, 2025•20 min•Transcript available on Metacast In today's episode, Warren Ingram and Pieter de Villiers discuss the essential aspects of choosing the right investments. They emphasize the importance of understanding asset allocation, risk tolerance, and the psychological factors that influence investment decisions. The discussion also highlights the need for a balanced approach to investing, where short-term and long-term goals are considered, and the emotional responses to market fluctuations are managed. Takeaways Choosing the right i...
Feb 08, 2025•20 min•Transcript available on Metacast In today's conversation, Warren Ingram and David Hurford discuss the critical topic of what happens to retirement funds upon the death of an individual, particularly focusing on the implications for young children and dependents. The discussion covers the differences between approved and unapproved life insurance policies, the management of funds for minor dependents, and the advantages of using beneficiary funds as a secure and regulated option for managing these assets. Takeaways It'...
Feb 01, 2025•32 min•Transcript available on Metacast In this episode, Warren Ingram welcomes Pieter de Villiers, also known as Money Marx , as the new co-host of Honest Money . Together, they explore the importance of offshore investing, emphasizing its accessibility to all South Africans. They discuss key topics such as the benefits of diversifying investments, strategies for currency conversion, and the tax implications of offshore investments. Additionally, they provide practical insights on investing in global markets while taking the South Af...
Jan 25, 2025•22 min•Transcript available on Metacast In this today's Q&A, Warren Ingram discusses the moral responsibility of employers to support their domestic workers, particularly in terms of retirement savings. He emphasizes the conflict between immediate financial needs and long-term savings goals, advocating for open communication and financial education. Warren suggests a balanced approach to financial planning that considers both the urgent needs of employees and their future security. Takeaways Contributing to retirement savings...
Jan 18, 2025•11 min•Transcript available on Metacast Welcome to the new year, in this episode Warren Ingram reflects on the events of 2024 and shares insights for the upcoming year. He discusses the changes at Honest Money, including new written and video content, and delves into the political landscape's impact on economies, particularly in South Africa. Warren highlights the importance of inflation and interest rates in the global economy, the valuation of tech stocks, and the potential of emerging markets, emphasizing the need for diversif...
Jan 11, 2025•16 min•Transcript available on Metacast In this episode, Warren Ingram and Michelle Green , Credit Analyst at Prescient , delve into the concept of ESG (Environmental, Social, and Governance) investing. They explore its significance in aligning investments with personal values, the interconnectedness of ESG factors, and the challenges posed by ESG ratings. They also addresses the future of ESG amidst skepticism and provide practical steps for investors looking to incorporate ESG principles into their investment strategies. Takeaways E...
Dec 14, 2024•23 min•Transcript available on Metacast In today's episode Warren Ingram and Dr. Marc Rogatschnig explore the profound impact of fear on financial decision-making. They discuss how fear and anxiety can lead to irrational choices, particularly in the context of investments and money management. The discussion delves into the evolutionary roots of fear, the concept of hypervigilance, and practical strategies for managing fear to make more rational financial decisions. Don't forget to grab a copy of Warren's new book, Smal...
Dec 07, 2024•26 min•Transcript available on Metacast In this weeks episode, Warren Ingram discusses the significance of tax-free savings accounts for children, emphasizing the long-term benefits of early contributions. He explains the mechanics of these accounts, including contribution limits and the importance of not withdrawing funds prematurely, and highlights the power of compounding growth with the potential for substantial wealth accumulation by the time the child reaches adulthood. Takeaways It's a no brainer for parents to fund a tax-...
Nov 30, 2024•8 min•Transcript available on Metacast In this episode, Warren Ingram and Dr. Marc Rogatschnig delve into the complexities of imposter syndrome and its impact on financial behaviors. They explore how emotional spending can stem from low self-esteem and the need for external validation. The conversation emphasizes the importance of understanding the underlying motivations behind spending habits and offers strategies for overcoming these challenges through empathy and self-reflection. Get your copy now: https://bit.ly/4fPGmB4 Takeaways...
Nov 23, 2024•25 min•Transcript available on Metacast In this episode, Warren Ingram and Rupert Hare , Head of Multi-Asset at Prescient , discuss the significance of balanced funds in investment portfolios, particularly for retirement planning. They explore the structure of balanced funds, emphasizing their role in providing diversification across various asset classes. The discussion also covers the importance of understanding market volatility, the long-term focus required for successful investing, and the tax implications associated with balance...
Nov 16, 2024•22 min•Transcript available on Metacast In this episode Warren Ingram answers your questions around investing, the importance of financial milestones, the strategic use of tax-free savings accounts and the significance of planning for children's education. Warren also delves into investment strategies, including risk tolerance, asset allocation, the advantages of global diversification and highlights the balance between index investing and active management. Takeaways Paying off your bond is a significant milestone. Keeping your ...
Nov 09, 2024•15 min•Transcript available on Metacast In today's podcast, Warren Ingram answers your questions around importance of diversification in investing, particularly for young investors looking to build a global portfolio. Warren outlines strategies for offshore investment, including the use of feeder funds and the implications of currency exchange and capital gains tax. Warren also emphasizes the need for a balanced approach to investing, combining different vehicles such as unit trusts and exchange-traded funds, while also consideri...
Nov 02, 2024•16 min•Transcript available on Metacast In todays episode Warren Ingram discusses the complexities of investment fees, the importance of selecting the right funds, and how to evaluate the value of financial advisors. He emphasizes the need for transparency in fees, the significance of diversification, and the role of good advisors in making informed investment decisions. Takeaways High investment product fees can be considered immoral. Consolidating investments can lead to lower fees and simpler management. Diversification in a small ...
Oct 26, 2024•19 min•Transcript available on Metacast In today's episode Warren Ingram answers your questions about the principle of earning dollars and where to invest the money. Warren speaks to keeping investments in the currency in which they were earned to avoid conversion costs, the importance of diversification and the All Country World Index versus the MSCI World Index. Takeaways Keep investments in the currency in which they were earned to avoid conversion costs. Diversify investments and avoid solely focusing on the American market. ...
Oct 19, 2024•11 min•Transcript available on Metacast In today's episode, Warren Ingram and Colin Morgan , Co-founder at getWorth , discuss the financial implications of buying cars, focusing on the benefits of purchasing used cars over new ones. They explore the concept of car depreciation, the ideal age for buying a vehicle, and the importance of understanding the wholesale and retail pricing dynamics in the car market. Takeaways Cars are a passion for many, but financial sense is crucial. Used cars generally offer better value than new cars...
Oct 12, 2024•28 min•Transcript available on Metacast In today's episode, Warren Ingram and Conway Williams , Head Of Credit at Prescient , discuss the often-overlooked realms of private debt, particularly in the South African context. They explore the definitions, differences, and investment strategies associated with these asset classes, emphasizing the importance of understanding liquidity, risk, and diversification. The discussion also highlights the potential for impact investing through private debt, showcasing how investments can contri...
Oct 05, 2024•24 min•Transcript available on Metacast In today's episode, Warren Ingram answers your questions about preference shares, explaining how they work and why their popularity has waned among private investors. He discusses their volatility due to interest rate fluctuations and suggests RSA retail bonds as a more stable alternative. Warren also touches on stock exchange platforms like Altex, which has faced challenges, and A2X, which is geared more toward institutional investors. Takeaways Preference shares are a form of investment w...
Sep 28, 2024•9 min•Transcript available on Metacast Today Warren Ingram speaks about investing in silver, the risks involved, holding gold or silver for long periods of time and other investment opportunities, like the exchange-traded funds (ETFs) that track the value of gold or silver. Takeaways Investing in silver is similar to investing in gold, as both are commodities that don't generate any income. People buy precious metals like gold and silver when they're worried about the future or inflation. Holding gold or silver for long per...
Sep 21, 2024•7 min•Transcript available on Metacast In this episode, Warren Ingram answers your questions about fund manager fees and the impact on investor profits. Warren speaks to investing in retirement annuities provided by unit trust companies, admin and platform fees, as well as the importance of understanding investment costs to ensure you're not overpaying. Takeaways When investing in retirement annuities, it's important to consider admin fees or platform fees charged by unit trust companies. Consolidating investments on one pl...
Sep 14, 2024•13 min•Transcript available on Metacast In today's episode Warren Ingram invites Henk Kotze , Head of Cash & Income at Prescient to discuss global inflation, interest rates, and their impact on investors. Warren & Henk speak to the fact that inflation is decreasing, and interest rates are expected to follow, with the US economy still growing at a slower pace, with no immediate risk of recession. Warren and Henk also touch on opportunities in emerging markets and global income assets, the expansion of global ETFs in South ...
Sep 07, 2024•20 min•Transcript available on Metacast In this episode, Warren Ingram answers your questions about retirement expenses and taxes, as well as the financial consequences of immigrating and investing in foreign stock markets. He also highlights the importance of budgeting for increasing medical aid costs in retirement & gives advice around financial immigration and tax implications. Takeaways Retirement expenses don't change significantly from the last years of work to the first years of retirement, except for the cessation of ...
Aug 31, 2024•17 min•Transcript available on Metacast In todays episode, Warren Ingram and Rupert Hare, Head of Multi-Asset at Prescient , discuss the investment opportunities in South Africa and around the world. They highlight the potential for good returns in South African asset classes, such as equities and fixed income instruments, due to attractive valuations and high yields. They also discuss the importance of diversification and the potential for growth in emerging markets like Japan. Takeaways South African asset classes, such as equities ...
Aug 24, 2024•21 min•Transcript available on Metacast In this podcast, Warren Ingram answers questions about contributing to a retirement fund and withdrawing money from a retirement fund to pay off debts. He discusses the limitations on investing in international investments through living annuities and suggests being patient as the cap on offshore capacity may ease in the future. Takeaways Maximize the tax break for retirement fund contributions by contributing up to the maximum allowed amount. Avoid over-contributing to retirement funds and cons...
Aug 17, 2024•13 min•Transcript available on Metacast In today's episode, Warren Ingram and Rupert Hare , Head of Multi-Asset at Prescient , discuss the potential for interest rate cuts in the US and how it may impact asset allocation. They discuss the importance of diversification, preparing for different eventualities, the opportunities in global fixed income, and the potential for value in stock markets outside of the US. Takeaways Interest rates are likely to come down in the US, and investors should prepare for different eventualities. Di...
Aug 10, 2024•17 min•Transcript available on Metacast In today's episode, Warren Ingram explores the best ways to use a bonus, weighing the benefits of paying off car debt versus investing it. He discusses various options, including reducing taxes by contributing to a retirement account and the advantages of paying off high-interest debt. Takeaways Consider the interest rate on car debt when deciding whether to pay it off or invest the money elsewhere. Putting a portion of a bonus into a retirement account can reduce taxes. Using the monthly c...
Aug 03, 2024•8 min•Transcript available on Metacast 
