Creation Wealth

We are Creation Wealth an independent financial planning practice in Johannesburg dedicated to helping professionals achieve their financial goals, whatever they may be. ?? #financialplanning #investmentmanagement #goals #retirment #investment #wealthcreation

Do We Think More About Phones Than Our Future? ?????? The average person spends over 3 hours a day on their phone. Scrolling, swiping, watching—without even thinking about it. But how much time do we spend planning our financial future? Imagine if we swapped just 10% of that screen time (about 18 minutes a day) for reviewing our budget, investments, or retirement plan. That small shift could lead to massive financial improvements over time. We check our phones without hesitation—but when was the last time you checked in on your finances? How much time do you actually spend on financial planning each month?

151 Years of S&P 500 Returns: What Will 2025 Bring? History shows the S&P 500 is unpredictable in the short term, but long-term investors are consistently rewarded. ?? Experts predict ~10-15% returns for 2025. ?? 2024 surprised with a 23% return, defying expectations. The lesson? Stay focused on your goals and the long term. Are your investments ready for what’s ahead? #Investing #SP500 #FinancialPlanning

?? BREAKING: SARB Cuts Interest Rates by 25bps ?? The South African Reserve Bank (SARB) has reduced the repo rate by 25 basis points to 7.50% ??. Here’s what you need to know: ?? Inflation Drop ?? – Inflation fell to 3.0% in December, below the 4.5% target, supporting the rate cut. ?? Split Decision ?? – 4 out of 6 MPC members voted for the cut, while 2 preferred to hold rates steady. ?? Economic Outlook ?? – Q3 GDP contracted due to weak agriculture, but a Q4 rebound is expected. ?? Growth Forecast ?? – SARB expects GDP growth to reach 2.0% by 2027, driven by investment and primary/secondary sectors. ?? Global Risks ?? – Uncertainties like potential US Fed hikes and trade tensions could impact SA’s economy. ?? Reforms Needed ??? – SARB stresses that domestic reforms are key to navigating future challenges. What are your thoughts on this rate cut? Will it make a difference? ????

The clock is ticking on this year’s TFSA and RA contribution season! ?? Here’s why you don’t want to miss out: ? Tax-Free Savings Account (TFSA): -Boost your investments without paying tax on growth or withdrawals. ? Retirement Annuity (RA): -Deduct up to 27.5% of your taxable income (capped at R350,000 per year). -No tax on growth within your RA. -Reduce your taxable income while securing your retirement. Don’t leave money on the table! Whether you’re investing for a short-term goal or planning for your golden years, now is the time to act. ?? Deadline: 28 February 2025 ?? Talk to us today to make the most of your tax benefits. #TaxSavings #TFSA #RA #RetirementPlanning #InvestSmart #FinancialFreedom

South African Central Bank Cuts Repo Rate by 25bps ?? (we wish it was 50bps ??) Repo rate lowered to 7.75%, as expected Governor Lesetja Kganyago highlights global risks ?? and domestic inflation pressures ?? Inflation slows to 2.8% in October, its lowest since mid-2020 ?? Further rate cuts expected in 2025, but in small steps ?? Economic growth projections show gradual recovery ?? #SARB #InterestRates #MonetaryPolicy #Inflation #SouthAfrica #Economy #FinancialNews #CentralBank #RateCut #EconomicGrowth #Investing #Finance #GlobalEconomy

?? Key Takeaways from Ninety One’s Latest ‘Taking Stock’ Article We recently read “A Dark Storm or a New Dawn – Time Alone Will Tell” by Jeremy Gardiner, part of Ninety One’s Taking Stock series. It provided invaluable insights into South Africa’s current position in a turbulent global environment. Here are the highlights: ?? South Africa’s Virtuous Cycle: The Government of National Unity (GNU) has brought a fragile but much-needed stability. While disagreements persist, the collaborative governance model ensures better debate and decision-making compared to the unilateral actions of the past. The GNU is precious and must be protected at all costs. Its collapse could wreak havoc on markets, investor confidence, and the rand. ?? Global Challenges and Opportunities: The potential impact of a second Trump presidency looms large. While U.S. policies could prove inflationary, limiting global interest rate cuts, South Africa’s stable environment positions us to weather external volatility better. South Africa must adopt a balanced approach in its international relations. Cultivating ties with both the West and BRICS is essential to protecting export-related jobs and economic growth. ?? Economic Stability Matters: Despite high inflation, interest rates, and cost-of-living pressures, South Africa’s stable government and resilient economy offer hope for growth. However, ongoing risks like load-shedding and geopolitical tension underscore the importance of a cautious, forward-thinking approach. ?? The Road Ahead: The journey won’t be without bumps, but there is a road. This period of stability gives South Africa a unique opportunity to rebuild, grow, and adapt to a complex global environment. At Creation Wealth, we believe insights like these help us better understand the economic environment that shapes your financial future. Let’s turn challenges into opportunities and build a resilient plan for the road ahead. ?? Want to know more? Let’s connect and explore how these insights apply to your financial goals. #WealthCreation #EconomicInsights #SouthAfrica #GlobalEconomy #FinancialPlanning

We have loved every minute of working with Commspace. It has streamlined our processes and given us valuable insights into our practice. Not to mention the best support team ever. ????

Welcome to the Commspace family, Creation Wealth! We’re so glad to have you with us. ?? #NewClient #ClientWelcoming #ClientSuccess #FinancialServices #CreationWealth

?? Inflation Falls to 2.8% – Rate Cuts on the Horizon... South Africa’s inflation rate has dropped to its lowest level since June 2020, now at 2.8% in October. ?? This places it below the SARB’s 3%-6% target range, with experts predicting a 0.25% rate cut tomorrow, bringing the repo rate to 7.75%. Key drivers: ? Fuel prices down 19.1% y/y ? Food inflation eased to 3.6%, its lowest since 2019 These shifts could influence borrowing costs and financial planning strategies. Contact us to discuss how this evolving landscape may impact your financial goals. #Inflation #InterestRates #FinancialPlanning