Switching banks can be a hassle. That’s particularly true if you’ve got services such as direct deposit of your paycheck and automatic bill payment set up. But there are some good reasons to move your money or to add an additional financial provider. Fortunately,  there are more and better options than ever, thanks to an…

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Professional, objective financial advice has, until fairly recently, been hard to come by. Countless South Africans have lost money at the hands of salespeople calling themselves financial advisers, who, among other transgressions, have exposed clients to high-risk investments or needlessly “churned” them into new products. Driven by commissions and preying on the vulnerable and ill-informed, they…

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Innovations in finance typically feed further innovation. The recent broad adoption of commission-free trading across most online brokerages makes it easier for investors to avoid Exchange Traded Funds (ETFs), and their fees, entirely. Here we’ll explain the pros and cons of doing that. First off, let’s walk through the logic. Say you were paying $5 for a…

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