Is the investment industry about to be "Ubered" by the rise of new technology?
Fifteen years ago the idea of people trading online (and not talking to a stock broker) was inconceivable – now it is the way that most people interact with the stock market.
Fifteen years ago most people did their banking at a physical branch - now we do everything possible to stay out of the branch (initially through online banking and now through smartphones).
Not much has changed in South Africa since these initial innovations, until recently.
Now we see the rise of low cost access to shares via platforms like Easy Equities, Satrix Now and potentially some new stock exchanges that aim to slash the cost of trading dramatically.
Will the JSE respond to these challenges by making it cheaper for private investors?
Or will the JSE try to protect current profits and eventually go the way of Kodak?
What about the rise of "robo-advisors" in the USA and now South Africa?
Can technology finally make financial advice more accessible to a greater portion of South Africans?
Or is it just another way for product providers to cut out advisors in order to gain a greater percentage of the "food chain"?
Listen to the audio below for more detail.
Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram for his weekly personal finance feature.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
Personal finance guru Warren Ingram discusses this and answers listeners’ questions on emigration and Tax Free Savings Accounts.
Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…
The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram.
Personal finance consultant Samke (Sam) Ngwenya discusses finances in times of change.
Psychiatric expert Dr Renata Schoeman challenges plans to recognise dagga as a prescription drug rather than a banned substance.
Dr. Eve explains the importance of condom usage and educates people about the transmission of sexually transmitted infections.
SA Weather Service says Dineo is expected to affect Limpopo, Mpumalanga and northern KZN.
The African National Congress (ANC) in KwaZulu Natal wants the provinces system scrapped and Cosatu backs this call.
Mashaba says new information about tender irregularities has come to light and he is unhappy with the previous investigation.
Despite the downgrade, residents in parts of Limpopo and Mpumalanga can still expect flooding and heavy rains.
Anita Ronge, famously known as Kasi Mlungu, talks music career, race and township lifestyle with Eusebius McKaiser.
Together, the SA and Hungarian governments are offering scholarships for students who want to do bachelor, masters, and PhD degrees.