Terence CFP® ~ Financial Planning Not Policy Sales

Everyday I have the honour and privilege to speak to mom's and dad's about their kids. These are some of the best conversations ever. I love my daughter, and when I get the opportunity to talk about how proud I am of her, I do so with joy. Now mom's and dad's, it is vital we look after our little ones. They are in our care for such a short time and we want to do everything for them, right? Have you heard that saying, you have to help yourself before you can help others? Or when you fly on a plane, they tell you put your mask on first in an emergency before helping those around you? Well when last did you make sure you were okay, so you can look after your kids? If our planning and financial situation are not up to scratch, are we really doing what is right by our children? Tell me your thoughts, I would love to have a chat with you. terencetobin.co.za

Here’s the uncomfortable truth about this 2.01 trillion collected by SARS That money didn’t come from thin air, it came from citizens who are already under pressure, people paying income tax, VAT on almost everything they buy, fuel levies, and small businesses trying to survive in a tough economy When politicians celebrate big tax collections like this, some of them look like clowns because they are cheering a number without acknowledging the pain behind it Many South Africans are dealing with unemployment, rising food prices, expensive fuel, and slow economic growth Higher tax collection often means people are paying more, not necessarily that the economy is thriving If people were earning more, if businesses were booming, if unemployment was dropping, then it would make sense to celebrate because it would reflect real growth But right now, it feels like the burden is increasing while service delivery, infrastructure, and accountability are not improving at the same pace So the frustration is not about the number itself. It is about what people are getting in return

Nokia’s 3310 launched 26 years ago. At the time, Nokia was ten times more valuable than Apple.

Peter Lynch: “The market falls by 10% once about every two years. Every six years, the market’s going to have a 25% decline. The market goes down sometimes. If you’re not ready for that, you shouldn’t own stocks.” That's all you need to know.

Venezuela used to be twice as wealthy as Chile. Then Chile adopted free-market capitalist principles while Venezuela chose socialism. Now Chile is the wealthiest large country in South America and Venezuela the poorest. Free markets work, socialism makes nations poor.

@LouisNel @Airbnb @bookingcom @LekkeSlaap This is impressive

Built a self-hosted rental dashboard that pulls all my @Airbnb, @Bookingcom & @LekkeSlaap bookings into 1 place. Zero dependencies. Runs on anything. Built with vanilla JS + Node.js. Live demo: stayview.onrender.com Source: github.com/louisnelza/sta… #buildinpublic #opensource

🚨 FSCA WARNING: @fscasouthafrica warns the public to be aware of individuals using the discontinued brand Investico to solicit investments in Salik. They are falsely claiming a link to Faraz Financial Services (FSP 45518). Always verify before you invest! #FSCA #PublicWarning

@Gavel_and_Goals @mayaonmoney Still about R80k to go before it is reached. I think they will adjust in 2028

@mayaonmoney Question if I may. The annual TFSA contributions. Was it only the annual limit that increased? What about the lifetime limit?

Little titbit that was buried in Annexure E of the budget...the single discretionary allowance has been increased from R1 million to R2 million. That is the amount you can take offshore without SARS or SARB approval. #BudgetSpeech2026

SA Budget: Capital Gains Tax - Exclusion at death increased from R300,000 to R440,000 - Primary residence exclusion increased from R2m to R3m - Annual exclusion increased from R40,000 to R50,000

What does RISK mean to you?

The JSE is now outperforming the S&P 500 over the last 5 years. Never say never... Both includes divies and both priced in ZAR.

Still typing on Android? Fix that. Join the Flow waitlist. Win stuff 🚀‍wisprflow.ai/waitlist?TEREN…

After the Gold Rush What will you do now? Is it a case of FOMO or JOMO? open.substack.com/pub/terencetob…

I am honoured to present this webinar for the @FPI_SA on how the Two Pot retirement system affects all of us, today and into the future. Free to everyone - so spread the word. Tuesday 25 February at 15:00. Register at bit.ly/fpi2pots

I will never understand why people freak out about corrections or even bear markets. Everyone prefers to buy their next car or pair of jeans at a discount, yet stocks are the only thing people want to buy when the price is up, not down. Can someone please explain why?