I still drive an Etios and my husband still drives my old Corsa Lite.— Julia
My goal is to be financially independent at 45.— Julia
Julia started investing in 2007 with a R60 000 lump sum.
At that time she committed to investing a third of her income each and every month.
She kept it up through the financial crisis and benefitted from the biggest market recovery of our lifetimes.
She returned to Bruce Whitfield’s The Money Show a year after she was last interviewed.
Her financial advisor – Galileo Capital’s Warren Ingram – analysed what she has done and achieved.
Ingram also gave some guidance on how to pool savings, investments and financial responsibility (or not!) after marriage.
Scroll down for quotes from the audio below.
My aunt was living such a great life, travelling around. She retired at 50.— Julia
2008 was a scary time. I probably invested less than a third. But Warren said continue investing.— Julia
We still have the discipline of saving and investing. Not at the same rate as before though.— Julia
I earn R1.2 million per year.— Julia
This time last year I had R3.8 million invested. I’ve added R122 000 to that amount.— Julia
Your money doubles every five years, on average, in the stock market. She’ll have R80 million in 30 years, even if she doesn’t invest another cent.— Warren Ingram, Galileo Capital Financial Advisor
I want to pay off my house in, maybe, five years.— Julia
Recommendedby THE NEWSROOM
I earn peanuts, yet I’m slowly (but surely!) on my way towards never having to work for money ever again in my life.
A supersaver explains how she managed to invest R2.6 million and turn it into a whopping R3.7 million.
Fund managers do from time to time go bankrupt. Here’s what’ll happen to your Retirement Annuity if yours does…
Kabous le Roux shares 13 random thoughts he has on being less materialistic and living the good life right here, right now...
Is there a single best way to build your wealth so you can retire with dignity? Yes, there is, despite costs and limitations.
How to protect your wealth should the JSE start to weaken...
Many people falsely believe they do not have to save for retirement because they own the home they live in.
4 popular, yet patently false, beliefs about stock market investing that's holding you back.
Several communications devices were confiscated from businesses in a raid by Icasa at China Mall on Wednesday.
United States President Donald Trump has disclosed his first stop on an African visit.
Dr Phil Joffe presented SABC's famous Good Morning South Africa breakfast show for ten years, from 1989- 1998.
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.