The Fat Wallet Show from Just One Lap
About This Show
The Fat Wallet Show is a show about questions. It’s about admitting that we don’t know everything, but that we’re willing to learn. Most of all, it’s about understanding as much as we can to make us all better investors.
Phrases like, “I’m not sure” or, “Let me look that up and get back to you” or, “I don’t know” don’t exist in the financial services industry. If you ever had a financial question you were too embarrassed to ask, you know what we’re talking about. In this business, appearances matter, and nobody wants to seem like they don’t know how things work or what the outlook is for the buchu industry. It’s easy to excuse that little vanity, except that people in the investment industry are meant to service investors - people like you and me who need to figure out what to do with our money.
There’s no such thing as a stupid question in this show. If you have unanswered financial questions, this is your opportunity to have them answered in a way that even I can understand. Pop them to us at email@example.com.
Hosted by Kristia van Heerden and Simon Brown.
Most Recent Episode
#17: Warning! We say "ethics"
7 days ago
WARNING: This episode contains some insipid moralising. Vomiting might ensue. Please allow me a moment to be a little philosophical. It’s my birthday week. This can be your gift to me. Last week I featured the NewFunds NewSA ETF. It’s an ETF that invests in companies based on their empowerment ratings. As our bestie Nerina Visser points out in the article, the ETF has a few glitches. It’s over exposed to the local market, because locally-listed international companies aren’t required to be BBBEE compliant. The weighting methodology leads to problematic exposures. All things considered, it’s not the best investment choice. However, it gives me the feels. I want to live in a country where the workforce reflects the demographics. It means 51% of the workforce would be women. You can guess why I care about that one. Black South Africans would make up 80% of every team. This really matters to me. Should my investments reflect that, even if it’s not the most rational financial choice? I’d love your thoughts on this. Are you an ethical investor? Tell us at firstname.lastname@example.org. Then, finally, we get to some questions we received after our retirement podcast. We consider two questions in this episode: If you only had R30 000 per year, should you put it in a tax-free account or a retirement annuity? Should you consider in-house products that don’t offer a tax benefit if the fees are really low? If you love us, please tell iTunes. Kris