The real meaning of saving – In the spirit of national savings month

The real meaning of saving – In the spirit of national savings month

BY PIETER KOEKEMOER, CORONATION HEAD OF PERSONAL INVESTMENTS When it comes to the difficult choice be-tween spending on something you really want, or saving the money instead, you may expect that an investment manager would say it’s always best to forego short-term indulgences in favour of investing for the long-term, right? You might be surprised to hear us say, not always! As part of National Savings Month, we are encouraging South Africans to save more by putting money aside every month instead of overspending it on unnecessary things. Our call…

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MEXEM: Making the stock market quick and easy for all

MEXEM: Making the stock market quick and easy for all

For those of us looking to develop a sound financial portfolio, investing one’s money in the stock market is a particularly effective way to reap significant returns on that investment. Whether you’re saving whatever disposable income you have for a large purchase in the future (say, a house, a car or a university education) or have come onto a significant amount of extra cash (through an inheritance, for example), investing in the stock market promises the kind of massive returns that absolutely no other investment strategy can match. Like any…

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Diner delights

Diner delights

Recipes to help warm up your winter By: Jenny Diner Vegetable and Beef Soup 500g shin 500g flank Bring to a boil 4 litres of water. Add the meat and cook slowly for about 30 minutes, skimming the surface until the water is clear. Dice the following vegetables and add to the meat: 4 baby leeks 4 medium turnips 2 large parsnips 3 large carrots 1 large potato Cut up a bunch of soup celery A small bunch of parsley A chunk of pumpkin (optional) Add water to cover the…

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A Japanese tzaddik

A Japanese tzaddik

Sacrificing everything to save a few Jews By Rabbi Yossy Goldman How does it feel to come to the realisation that without a certain individual you would not be alive? I had this singular experience recently in Philadelphia. It was my very emotional meeting with a Japanese gentleman named Nobuki Sugihara. Nobuki is the sole surviving son of Chiune Sugihara, the legendary Japanese diplomat who courageously distributed thousands of Transit Visas to Polish Jews trapped in Lithuania which enabled them to escape from Nazi-occupied Europe at the beginning of World…

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It all adds up

It all adds up

Changing habits and planning ahead can lead to big savings By: Adrienne Bogatie We all have to live within a budget. How big or small that budget is depends on a number of factors: the job we have, our housing costs, the size of our family, whether or not we keep kosher, and the school which our children attend. For a lot of people, it is easier to open up about marital and family conflicts, or going for therapy, than it is to admit, even to close family or friends,…

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Jews and Their Money

Jews and Their Money

The Enduring Legacy of Economic Anti-Semitism By Ilan Preskovsky There is perhaps no greater example of the anti-Semitic stereotype of the money-grubbing Jew in all of literature than the character of Shylock in William Shakespeare’s The Merchant of Venice. Shylock is an exceptionally greedy and merciless Jewish loan shark who lends the play’s Christian protagonist, Antonio, a sizeable amount of money and literally secures the loan against a pound of Antonio’s flesh. When Antonio inevitably defaults on repaying the money, Shylock lives up to his repulsive, almost satanic nature and…

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Spare change – A priceless encounter with an adoring fan

Spare change – A priceless encounter with an adoring fan

By: Rabbi Dr David Fox He was standing in the lobby, having stepped out of the noisy banquet hall where the wealthy donors dined on delicacies and discussed their wealth management. A quiet, modest man, he felt little in common with this crowd, but had attended the banquet as a guest of the evening’s host. A little quiet usually suited him well, so he had taken a break to admire the decor and solitude. Looking around, he saw a well-dressed, portly fellow moving towards him, beaming. Dapper and confident, the…

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Anything is possible

Anything is possible

From jobless to successful entrepreneur By Chandrea Serebro Estie Rand went from fired and jobless to successful entrepreneur, after being told by a successful recruiter that she would never succeed at turning her dream into a real, profitable reality. Nine years ago, working at a multinational profit as a CIO, Estie loved her job. She loved her boss. One day, they hired a middle manager, who came in like a bull in a china shop and created a very toxic environment. He shifted all the work responsibilities and basically told…

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The adventures of the entrepreneurial spirit and what makes it tick

The adventures of the entrepreneurial spirit and what makes it tick

By Chandrea Serebro Makeover When Israeli-born Maya Mallah made Aliya back to Israel 15 years ago, she arrived to the country of her birth only to discover that the reality there was so different to what she had enjoyed in South Africa for so many years, being a housewife who also enjoyed domestic help. She realised that she needed to uplift herself in order to contribute to the household, and took herself off to study beauty for two years, which turned out to be “the best years of my life”….

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