Ghost Stories

By The Finance GhostBusiness Entrepreneurship Investing

Ghost Stories episodes

July 31, 2023Ghost Stories Ep18: Spotlight on bond ETF investments (with Siyabulela Nomoyi of Satrix)
Equity ETFs tend to dominate the narrative among investors, particularly retail investors. Fixed income or bond ETFs are often ignored, which is a pity now that yields have picked up to current levels.
Fixed income instruments can be difficult to understand. The trick is in the name, as the capital value fluctuates based on a fixed underlying coupon and the yield that the market demands.
In shining a light on this asset class with Siyabulela Nomoyi from Satrix, we discussed:
The reasons why a bond market exists, touching on how vibrant the local market has been for bond listings vs. equity listings
The capital risk that comes with not holding a bond to maturity
An indication of annual returns achieved in recent years by Satrix bond ETFs
How these can be used in balanced portfolios
Retail Savings Bonds and how they differ from Satrix bond ETFs
The different Satrix bond ETFs and the underlying constituents
The use of Satrix bond ETFs in a tax-free savings account
To find out more about SatrixNOW, visit this link>>>
Disclosure
Satrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision.
While every effort has been made to ensure the reasonableness and accuracy of the information contained in this podcast (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.
33 min
July 11, 2023 Ghost Stories Ep17: Investing With Impact (with Grant Field, CEO of Fedgroup)
This episode of Ghost Stories is brought to you by Fedgroup, a diversified financial services group offering a range of financial products across investment, long-term insurance, lending, and fiduciary services. Fedgroup Financial Holdings (Pty) Limited is a licensed controlling company and entities within the Group are authorised financial services providers.
Established in 1990, Fedgroup has grown into a specialist financial services provider with over R10bn in assets under management and administration.
I was joined on this show by Grant Field, the Group CEO of Fedgroup since 2015, having worked for the group since 2002. We talked about a range of topics related to Fedgroup but we focused on impact investing and the unique product range that Fedgroup offers in this space.
Innovators in the impact investing space, Fedgroup has extensive experience and expertise in alternative investments, specifically within the renewable energy and smart agri sectors.
Combining this specialist expertise with their established licenses and offerings, Fedgroup has the capabilities to structure new investment offerings, such as their Specialist Endowment Portfolios, creating unparalleled value for retail and institutional investors.
As always, nothing you hear on this podcast should be interpreted as advice. This is for informational purposes only.
You can visit the Fedgroup website at this link to learn more.
40 min
July 02, 2023 Ghost Stories Ep16: Investing For Your Kids (with Thembeka Khumalo of Satrix)
As we head into National Savings Month in July, Thembeka Khumalo of Satrix joined The Finance Ghost to talk about an incredibly important element of personal finance: investing for minor children.
Minor children tend to have major expenses, making it difficult for parents to strike a balance between monthly expenses and the need to save.
Thembeka has three-year-old twins and the Ghost also has a three-year-old, so this podcast comes from the heart.
Topics included:
The importance of diligent investing on behalf of your children
Why the power of compounding could be the best gift you ever give your children
The concept of risk and how starting earlier helps in mitigating this issue
The use of tax-free savings accounts as an investment vehicle for minors and the pros and cons thereof
The SatrixNOW platform as a tool for parents to save for their kids (and themselves!)
To find out more about SatrixNOW, visit this link>>>
DisclosureSatrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision.While every effort has been made to ensure the reasonableness and accuracy of the information contained in this podcast (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.
24 min
May 30, 2023 Ghost Stories Ep15: Understanding ETF Strategies (with Duma Mxenge of Satrix)
In this episode of Ghost Stories, Duma Mxenge (Business Development Manager at Satrix) joins the platform for the first time for a great discussion around ETFs, trends around this type of investment and the way that investors understand the products and use them.
More specifically, we discussed:
Some of the generational trends coming through in the attitude to investing and particularly ETFs, including fees.
The impact of fees in a wealth creation journey.
Whether investors tend to have a good understanding of the underlying indices tracked by ETFs
The approach to using ETFs and whether investors see this as a “playing safe” approach or a more active investment decision.
A discussion around ETFs as the core underpin in a portfolio, leaving space for more speculative opportunities in single stocks.
The value of local ETFs that track global indices vs. moving cash into foreign currency and incurring forex costs.
The benefit of ETFs in the context of rebalancing of a portfolio of single stocks.
Whether retail investors can do it all themselves vs. using financial advisors as part of the journey.
The SatrixNOW platform and how it helps investors navigate this process.
For more from the Satrix – Ghost Mail partnership, visit this link to find various podcasts and articles.

DisclosureSatrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision.
While every effort has been made to ensure the reasonableness and accuracy of the information contained in this podcast (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.
37 min
May 25, 2023 Ghost Stories Ep14: Altvest - misplaced or misunderstood? (with co-founder and CEO, Warren Wheatley)
Altvest has garnered a lot of attention in a short space of time. This financial services group is building in public, which is a very difficult thing to do as start-up losses are scrutinised by the market and pivots are a matter of public discussion rather than private decisions in a boardroom.
With a controversial approach at times to its public persona, much of the Altvest story has been lost in the noise.
Warren Wheatley approached me for a fireside chat to dig into the vision at Altvest and to address some of the historical matters on social media.
This is a raw, unedited discussion that lasted just over an hour. If you want to understand a lot more about the Altvest business and the challenges of building in public, this is for you.
Note:
An appearance on the Ghost Stories podcast is never an endorsement by me of a company's investment case, business model or share price. Always do your own research and arrive at your own decision. At the time of the release of this podcast, I do not currently own shares in Altvest or any related entity.
1 hr 4 min
May 01, 2023 Ghost Stories Ep13: Offshore or Offsides? Objectively Assessing Exposure with Nico Katzke (Head of Portfolio Solutions at Satrix)
In this episode of Ghost Stories, Nico Katzke (Head of Portfolio Solutions at Satrix) returns to the platform for another fantastic discussion on a variety of finance topics, with the key theme being offshore vs. local investment.
With all the stresses that we face every day as South Africans, does it make sense to take money offshore at any cost and at any valuation? Or is there value to be found in the rand and on the local market?
We covered topics including:
Why local vs. offshore is such an important (and emotive) topic for South Africans.
Has the rand really been as bad as people think?
The extent of offshore exposure that can already be obtained through investing on the JSE.
The attractiveness of local yields.
The importance of valuation in any assessment, as things aren’t usually as good or as bad as they seem.
The recovery of China and the impact this has on local commodity players and luxury businesses.
Is “home bias” an issue for South Africans, or do we ironically suffer from the reverse?
The volatility paradox and how rand volatility interacts with volatility of other asset classes in investment funds.
The value of letting data drive our decisions.
For more from the Satrix – Ghost Mail partnership, visit this link to find various podcasts and articles.
28 min

About Ghost Stories

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Ghost Stories is a long-form podcast that gives me the opportunity to have deeper conversations with founders, executives and market participants who have a great story to tell.