Burgernomics: Decoding Currency Values with the Big Mac Index
The Big Mac Index, created by Pam Woodhall and first published in The Economist in 1986, offers an easily digestible way (pun intended) to assess currency values and the purchasing power parity (PPP) between countries.
Comparing the price of a McDonald’s Big Mac in different currencies gives a basic snapshot of whether a currency is overvalued or undervalued. Read on to find out the how the world’s most famous burger can help you – and where its limitations lie.
When Investing, Focus on What You Can Control
It’s easy as an investor to get swept up by market trends: which stocks or funds are outperforming, and where the rand is going. Yet, these are all things that are beyond your control.
Sustainable investment success really comes down to a handful of fundamentals that you can actually do something about – lowering costs, increasing how much you invest, and allowing enough time for your investments to grow.
These three principles are at the heart of a solid strategy. Let’s explore them further.
Evolving Wealth Part 2: Millennials, a Fresh Take on Values, Habits, and Aspirations
Millennials are typically defined as those born between 1981 and 1996, meaning they’re currently aged 28-43.
So, if you’re within this range (or you know someone who is), read on to discover what might drive your spending habits, career decisions, and investment approaches.
While everyone is unique, some key trends within your generation can help explain common financial behaviours and challenges.
Market Update: The Good, Bad and Ugly of Trump’s Return
The S&P 500’s initial post-election rally cooled towards the end of November as markets digested the implications of Donald Trump’s return to the White House.
His choice of Scott Bessent as the all-important Treasury secretary was widely welcomed. But other uncertainties remain and the SA stock market withheld judgment.
Thank you for your support in 2024.
Have a wonderful festive season, and a happy and prosperous 2025.
Enjoy the break!