Second hand goes the distance

Cash-strapped consumers are buying fewer new cars and becoming more dependent on warranties as well as service and maintenance plans. Picture: Supplied Economic pressure has hit the South African consumer where it hurts, leading to falling vehicle sales and longer vehicle finance contracts. Automotive consultant and managing editor of Double Apex, Sudhir Matai, says that […]

What it takes to ‘retire’ at 45

There are some principles underlying the FIRE (Financial Independence, Retire Early) movement that can be helpful in financial planning. One of them is thinking about your expenses in relation to time. Picture: Shutterstock An interview recently published on Moneyweb created quite a stir. The article, What it takes to retire at 45, detailed financial blogger Stealthy Wealth’sjourney towards […]

Stocks making the biggest moves premarket: Morgan Stanley, Restaurant Brands, Tesla, Walmart & more

Check out the companies making headlines before the bell: Morgan Stanley – Morgan Stanley is buying Canada-based employee stock plan manager Solium Capital for $900 million in cash. The deal is Morgan Stanley’s largest since the financial crisis. Restaurant Brands International – The parent of Tim Hortons, Popeyes, and Burger King reported adjusted quarterly profit […]