Make Money Mondays

'I don’t spend much. I drive an old car. I’ve never been in debt'

I went to a private school where Ewan McGregor went… He’s a nice bloke. His father was the gym teacher… I enjoyed it.

Chris Gilmour, Investment Analysts Society SA

I don’t spend an awful lot of money… I drive a 12-year-old car. I’m not seduced by ephemeral consumer goods…

Chris Gilmour, Investment Analysts Society SA

Don’t have any debt! I’ve loathed it all my life. I’ve never been in debt…

Chris Gilmour, Investment Analysts Society SA

Each week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week he interviewed Chris Gilmour, well-known financial writer and Chairperson of the Investment Analysts Society SA.

Scottish born, Gilmour has been living in South Africa since 1982 when he started working as an investment analyst for Max Pollak & Freemantle, then one of the largest stockbroking firms on the Johannesburg Stock Exchange.

He regularly features as an investment authority on television and radio stations such as Aljazeera, BBC, CNN, Radio 702 and CapeTalk and is frequently quoted in print and electronic media including Business Day, Financial Mail and Bloomberg.

  • But what is it that he believes about money?

  • Does it keep him up at night?

  • Does he spend like crazy or save compulsively?

  • How did his childhood experiences shape his views on money?

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

Yes! [When asked if Scots are stingy.]

Chris Gilmour, Investment Analysts Society SA

Sunshine! [When asked what brought him to South Africa.]

Chris Gilmour, Investment Analysts Society SA

Everything just changes before your eyes these days, doesn’t it?

Chris Gilmour, Investment Analysts Society SA

I learned early on to avoid the temptation to go for stocks that look like they’re going to blow the lights out… Today I go for all the boring stuff like ETFs…

Chris Gilmour, Investment Analysts Society SA

The JSE has been thoroughly disappointing for the past five years…

Chris Gilmour, Investment Analysts Society SA

I became very risk-averse early on…

Chris Gilmour, Investment Analysts Society SA

When I was at the largest Afrikaans stockbroking firm in the world… they were close to the guys at Naspers. I was encouraged to invest, even when it was unlisted. I didn’t follow that advice.

Chris Gilmour, Investment Analysts Society SA

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

The Money Show’s Bruce Whitfield interviews Schutte about his attitude to money (hopes and fears, successes and failures, etc.).

Financial educator Simon Brown comes clean about his own money habits, beliefs

Financial educator Simon Brown comes clean about his own money habits, beliefs

The Money Show’s Bruce Whitfield interviews Brown about his attitude to money (hopes and fears, successes and failures, etc.).

Absa Chairperson Wendy Lucas-Bull opens up about money

Absa Chairperson Wendy Lucas-Bull opens up about money

Bruce Whitfield interviews Lucas-Bull about her attitude to money (hopes and fears, successes and failures, etc.)

Former Nedbank Chair Reuel Khoza opens up about money, farming and music

Former Nedbank Chair Reuel Khoza opens up about money, farming and music

The Money Show’s Bruce Whitfield interviews Khoza about his attitude and beliefs about money (plus successes and failures, etc.)

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Cannon Asset Managers’ disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

Popular articles
'I suspect we are going to see a confident man with sense of own righteousness'

'I suspect we are going to see a confident man with sense of own righteousness'

Professor Ivor Chipkin weighs in on former president Jacob Zuma's upcoming testimony at the Zondo Commission.

Jacob Zuma at Zondo Commission: 'Doubtful we will see him take the stand'

Jacob Zuma at Zondo Commission: 'Doubtful we will see him take the stand'

EWN editor-in-chief Mahlatse Mahlase weighs in on the former president's much-anticipated appearance at the inquiry.

SANDF deployment costs on Cape Flats not high - military expert

SANDF deployment costs on Cape Flats not high - military expert

Defence expert Helmoed Heitman says the move may mean the military may not have enough infantry to patrol the countries borders.

What are the best investment options if you decide to go it alone?

What are the best investment options if you decide to go it alone?

Certified financial planner Paul Roelofse gives the lowdown on the money market, retail bonds and exchange-traded funds.

What is better right now; money in the bank or investing in shares?

What is better right now; money in the bank or investing in shares?

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

[WATCH] Vertically challenged man's tantrum at a bagel shop goes viral

[WATCH] Vertically challenged man's tantrum at a bagel shop goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

[VIDEO] Sanral cameras help nab armed hijackers on Joburg highway

[VIDEO] Sanral cameras help nab armed hijackers on Joburg highway

Watch how technology working together with law enforcement was able to bring the hijackers to book.

Paying off your credit card every month to avoid interest? The banks are sneaky…

Paying off your credit card every month to avoid interest? The banks are sneaky…

Consumer journalist Wendy Knowler warns prudent credit card holders to keep tabs on their banks. In this case, it’s FNB.