| Liberty Monthly Communication |  |
November 2009 |
 |
||
 |
||||
 |
Economic figures for the US are surprisingly on the upside, with gross domestic product (GDP) rising to 3.5% in the third quarter. This further cements the argument that the global economy is on the road to recovery; however, there are potential roadblocks ahead and it is not quite time to bring out the champagne. South Africa's recovery remains in doubt especially after the shocking unemployment figures which show that nearly 1 million South Africans have lost their jobs this year so far. Read how consumers both locally and in the US are faring in our global and local economic reviews. | |||
 |
||
|
Most of us work hard and struggle to find a balance between family life and our careers. One thing that gives us comfort when we miss our child's school play or swimming gala is that our hard work will allow us to build up a financial nest egg to pay for our children's education, buy them their first car or even help them with a deposit for their first home. Because life doesn't always go according to plan, we need to make sure that we have our affairs in order so that our loved ones are taken care of even if we are no longer around to provide for them. In the article A Focus on Estate Planning we look at the areas you need to consider in your financial plan to ensure that your dependants are taken care of and that your wishes are carried out. When you have your own business there are additional factors that you need to consider to protect your family. You can read about these in Estate Planning and Your Business. And finally, in the article When to Consider a Trust Geraldine Macpherson, senior legal adviser at Liberty Group Advisory Services, debates the pros and cons of creating a trust and whether a trust is the most appropriate estate planning vehicle for your needs. |
||
 |
||
|
Thank you for the feedback we have received on these newsletters so far. Your comments and suggestions will help us to give you relevant information for planning and managing your finances. Please keep talking to us and telling us what you think! You can email your comments to [email protected] Kind regards Steven Braudo Chief Executive Officer: Liberty Insurance |
||
 |
 |
 |
|
Global economic review
STANLIB economists Kevin Lings and Melissa Dyer give an update on the economic recovery which is taking hold globally, with a specific focus on China's recovery. Read more. Weekly economic updates
The Weekly Focus is a commentary on markets, economies and investments prepared by Paul Hansen, Kevin Lings and Melissa Dyer of STANLIB. You can read the latest developments every Tuesday by following the link on www.stanlib.com |
Local economic review
Liberty Life economist, Tendani Mantshimuli explains why South African consumers are not yet experiencing an economic recovery and what the immediate future holds for South Africans. Read more. |
Leaving a Legacy
|