1. PSG WEALTH BUSINESS BREAKFAST PAARL
17 March 2017

2. 01
PSG WEALTH PAARL

3. SOLID OPERATIONAL SUPPORT
WHO ARE WE
4 OFFICES
PAARL
WELLINGTON
LANGEBAAN
BRYANSTON
12 ADVISORS
SOLID OPERATIONAL SUPPORT

4. WHO ARE WE

5. WHAT WE DO RETIREMENT PLANNING INVESTMENTS ESTATE PLANNING OFFSHORE
Pre- and post retirement
INVESTMENTS
Investment management, share trading and other investment instruments
ESTATE PLANNING
Structuring of clients’ estates with regards to wills, property, trusts, insurance, income taxation and estate tax
OFFSHORE
Offshore investments and financial transactions

6. WHAT WE DO SHORT-TERM INSURANCE (COMMERCIAL)
Business assets
SHORT-TERM INSURANCE (PERSONAL)
Motor vehicle and household contents
LONG-TERM INSURANCE
Endowment policies and life insurance
EMPLOYEE BENEFITS
Medical aid and umbrella funds

7. 02
STOCKBROKING

8. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”
- Warren Buffett

9. How to profit from the poor – Sassa Scandal – Net 1
Grant payments = R1,9 billion = 21% of revenue
Sassa Branded Mastercard through Grindrod Bank
ATM Machines = payments, balance enquiry = transaction charges = R1,2 billion
Micro loans + life insurance and funeral policies + sale of electricity and airtime = R3,6 billion
Profit before tax = R1,5 billion
Micro-loans: R410 to R1,050 between 3 to 6 months
Service fee on R1,000 loan = R330 = 164%

10. Should I emigrate or not?
102,793 South African emigrants over the past 10 years
Where are they going?
Australia %
United Kingdom 25%
United States 13%
New Zealand 10%
Germany %
Canada %
Most emigrants were between 25 and 29 years old

11. Should I emigrate or not?
Population went up from 40.6 million in 1996 to 55.7 million in 2016
Whites declined from 4,586,838 to 4,516,691
Blacks increased from 41,000,938 to 44,891, %
Coloured increased from 4,615,401 to 4,869, %
Indian increased from 1,286,930 to 1,375, %
Afro-pessimism?
Population growth 3.6% + illegal immigrants compared to GDP growth of 0,5%
We need a brilliant government to manage these numbers. Do we have one?

12. The Rand: Still relatively undervalued
Dollar/rand on a purchasing power parity basis ?
Source: RMB

13. Should I take money offshore? How and when?
Political risk? – Treasury and Reserve Bank
Purchasing power – R R2.00 = R13.06
US Dollar = 12.77
Take out your capital in tranches because no one knows what the future holds – reversion to the mean but also look at long term trends
You should have a sizable portion of your portfolio offshore to protect your purchasing power over time
JSE + 2.6% in 2016 – offshore -13% in 2016

14. Should I take money offshore? How and when?
Asset swop vs offshore allowance
Estate planning = inheritance taxes and dividend withholding tax
Life wrapper – Glacier International and Old Mutual International
R1,000,000 = don’t need Reserve Bank approval
R10,000,000 need approval
Daimler PE 8.95 DY 4.56%
Cisco PE DY 3.39%
Abbvie PE DY 3.88%
Target PE DY 4.40%

15. 03
INVESTEC CORPORATE CASH MANAGER

16. OVERVIEW
The Investec Money Market Linked Corporate Cash Manager offers you an attractive opportunity to maximise your investment returns, with the flexibility of a call account.

17. WHAT IT OFFERS 100% LIQUIDITY ATTRACTIVE INTEREST RATES AFFORDABLE
Capital is guaranteed by Investec
Money availble within 24hours
ATTRACTIVE INTEREST RATES
7,16% NOMINAL
7,42% EFFECTIVE
AFFORDABLE
Interest rate after 0,57% admin fee already taken into account
5 free monthly transactions