The seven myths of investing
The misguided assumptions that exist in financial markets. Myths are widely held beliefs that are mistaken as truths. For example, for long periods of time, people believed (and acted) as if the world was flat. Below are similarly misguided assumptions that exist in the financial markets that I have come across during my investment career. […]
Full disclosure when it comes to legal fees
In terms of Section 35(7) of the LPA, practising attorneys and trust account advocates must provide a written notice confirming a legal instruction and giving a cost estimate to a client upon receiving a formal instruction or as soon as practically possible thereafter. The written notice must include the following details: The likely financial implications, including fees, charges, disbursements and other costs; The hourly rate of […]