Financial
planning.
Made personal.

Ask Warren Buffett for the single most powerful factor behind his investing success, and he’d respond “compound interest” — without skipping a beat. Such is the remarkable power of compound interest, which Einstein called the eighth wonder of the world. Even modest amounts, when allowed to compound at relatively low rates but over long periods of time, add up to really staggering sums.

In order to build your wealth, you need to invest your money over the longest possible period (giving compound interest lots of time to work), at the lowest cost while receiving the highest return.

The problem is that there are a staggering number of possible investments out there, and the costs and returns are not always that transparent. My aim is to offer you the best possible investment opportunities at a particular point in time, always aiming to find the lowest cost and highest return investments that match your risk profile (how much risk you are willing to take).

Our Opportunity Update newsletter keeps you up-to-date with great investment opportunities on an ongoing basis so that you don’t miss out. Simplicity Financial is licensed to advise on the following asset managements and Linked Investment Service Providers (LISP’s):

• Allan Gray
• Old Mutual
• Liberty
• Discovery
• Momentum
• Sanlam

Click below to set up a meeting with me so that we can find the best investment opportunities for you, and create the lifestyle that you want.

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Have you considered the impact that events like death, disability, dread disease and critical illness will have on your life, should they occur? What if the bread winner of your family can no longer work due to one of these or another event? Have you considered this and planned sufficiently for it so that you have peace of mind that they are well provided for? In an uncertain world, it’s important to ensure that sufficient life cover, disability cover, severe illness cover and income disability cover are in place, particularly if the bread winner of a family is unable to work.

Should you have debt on items such as cars, houses, overdrafts and credit cards among others, you need to ensure that a life-changing event does not undermine your ability to cover these essential costs.

It is important to factor in all expenses, including children’s schooling and other related monthly expenses in determinig how much additional life cover and disability cover may be required.

Most people are unaware of the cost implications of a severe illness – such as a stroke, a heart-attack, a by-pass operation or cancer. Not only in terms of the medical expenses incurred but also including the loss of the ability to work. A severe illness cover payout will provide you with sufficient cash – paid tax-free – in order to focus on recovery and compensate for loss of earnings.

The income disability benefit pays a monthly income to the individual who cannot work either termporarily or permanently due to a life changes circumstance such a car accident, an injury or a severe illness.

In order to ensure that you are adequately covered, we will complete a full financial needs analysis (FNA) to identify your specific risk requirements. By using state-of-the art software we are able to ensure that once your financial plan is formulated, you can rest assure that any unforeseen circumstance will be not be financially crippling.

Click below and ask Gavin do a full financial needs analysis for you and your family so that your lifestyle and finances are never at risk.

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Relying on the government for your health care is a risky proposition in South Africa. However, choosing a medical aid that suits your pocket and your needs can be very tricky.

Not only are there many medical aid options, but also many different packages at each. This means that finding the right package to meet your specific needs, as well as the right balance between a medical aid and gap cover to reduce costs and maximise benefits, takes knowledge and experience.

Simplicity Financial decided to contract with the two leading medical aids in South Africa, namely Discovery Health and Momentum Health, as this allows us to focus on the medical aids that deliver the broadest range of innovative products and services at the most competitive prices. We have also selected Discovery and Stratum Benefits for gap cover, again due to their range of benefits and competitive cost structure.

We keep you up-to-date with information that will allow you to maximise the benefits of the medical aid you have selected, and reduce costs so that your medical aid and gap cover are working together to deliver the best possible value based on your needs.

Click below and ask Gavin to advise you on the best Health Plan and Gap Cover for you and your family so that your health and finances are never at risk.

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Would you like to pay less for medical aid and still get access to good, quality medical cover?

Gap cover has emerged as a cost-effective tool to supplement a health plan and to avoid excessive and often, hidden charges.

There is no health plan company in South Africa that covers every expense related to medical treatment. As a result, numerous co-payments and specialist short-fall expenses accumulate when you are admitted into hospital.

Most health plans have fixed rates they pay for specialists in-hospital. Medical aid rates are the rates prescribed by the Medical Council for doctors fees. However, most doctors and anesthetists as well as ENT specialists charge in excess of these rates. In addition to this, some health plans require an upfront-payment for admission into certain non-network hospitals. How do you budget for these unforeseen medical costs, especially when you thought you were covered? This is why Gap Cover has become popular and emerged as a cost-effective tool to supplement a health plan and avoid excessive charges.
Gap cover products offer up to 500% payouts for fees incurred in hospital for specialists over and above the rates paid by the health plan. This means peace of mind that no additional bills will be charged after hospitalization. Gap cover products also include a wide range of additional features such as coverage for trauma counselling and accidental death cover on some of the more advanced plans.

Simplicity Financial deals with Stratum and Discovery for their gap cover products as they offer the widest range of options at the lowest cost, with a solid track record.

Click below and ask Gavin to advise you on the best Gap Cover for you and your family so that your health and finances are never at risk.

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No one likes to talk about wills, as we like to think that we are going to live forever. However, having a will is arguably one of the most important things you can do for yourself and your family. Not only can a will legally protect your spouse, children, and assets, it also spells out exactly how you would like things handled after you have passed on.

10 key reasons to have a will:

1. You decide how your estate will be distributed
2. You decide who will take care of your minor children
3. To avoid a lengthy probate process
4. To minimize estate taxes
5. So that you decide who will wind up the affairs of your estate
6. Allows you to disinherit individuals who would otherwise stand to inherit
7. You can make gifts and donations
8. Avoid greater legal challenges
9. Because you can change your will if your life circumstances change
10. Because tomorrow is not promised

If you die without a will, it means you have died “intestate.” When this happens, the intestacy laws will determine how your property is distributed upon your death. This includes any bank accounts, securities, real estate, and other assets you own at the time of death.

You have worked hard all your life to build your wealth and legacy. Do not let anyone else decide what happens to it. Simplicity Financial works with Capital Legacy to set up Wills, Trusts as well as Living Wills.

Click below and get Gavin to help you secure your legacy.

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Short term insurance is a valuable method of ensuring the security of your wealth and possessions without long-term commitment and large premiums.

Life is full of uncertainties, for which we attempt to prepare. One often hears of cars getting stolen, hijacked, damaged or homes being burgled, flooded, or even burnt down. While you hope it never happens to you, there is always the nagging feeling that something may go wrong.

A short-term insurance policy allows you to protect your valuables against an unexpected loss that you may not be able to afford. In a nutshell, short-term insurance allows you to tell your insurance company what you want to protect and at what value. The insurance company will then calculate how much it will cost for them to bear the burden of the risk of something going wrong and charge you a monthly premium based on the level of risk. To calculate this risk, insurers take into account factors such as your age, gender, where you live, security measures, value of the item insured and previous claims.

Short-term insurance policies generally come in the following categories:

• Motor (accident, fire and theft)
• Household contents (everything in your home)
• Home owner’s insurance (your house and all its fixtures and fittings)
• Personal valuables insurance (items that you or your family members are likely to take with you when you leave the house such as cameras, cell phones and laptops)
• Personal liability (cover against the possibility of being sued where it is found that you are responsible for somebody’s death or injuries)

You have heard all the insurance ads on the radio and seen them on TV. Getting good value for money is much more than just saving on premiums. What you really need is peace of mind.

Click below to contact Gavin for a personalised quote based on your particular needs that will give you great value and peace of mind!

Contact Gavin