The Waking Crew 2.0

Catch Jarret and Deon for their early morning antics: 06:00 - 09:00

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The Coffee Break

Get that morning buzz you need, from 09:00 - 12:00

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The Hard Drive

with Karlien, for your lunch time entertainment 12:00 - 15:00

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The Headrush

End your busy day with Chops, 15:00 - 18:00

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Contact Us

Address: #28 and 30 Simpson Street, Windhoek West, Namibia
Tel: (061) 242350
Fax: (061) 242322
Whatsapp: 0818856452
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


 

 

PMR Africa Award Winners
2 Diamond Arrow
5 Gold Arrow

Roadhouse Blues - Online Ticket Giveaway

Local blues sensation "Roadhouse Blues" will be playing a live show at The Warehouse Theatre on Friday, the 25th of August 2017.

Radiowave has 3 pairs of tickets to give away for this incredible, must-see, live show.

Visit our Local & Live! page to answer the following question:

Who are the 4 members of Roadhouse Blues?
Send your answer, along with your full name, email address, cell number and ID number to This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

Radiowave Lifestyle

 

 

More help on controlling your finances

A while back David spoke to Mr. Francois Brand of the Financial Literacy Initiative about how to control your finances, if you haven't yet listened to that interview it is definitely worth doing so to find out the basics of budgeting, saving, and investment. 

Click here for the interview: 

This morning we found this handy article that provides a few more tips, and helps to breakdown some of the more commonly9 believed myths about money, saving and investment:

 

 

 

 

 

How our behaviour influences our financial decisions

Watch out for a Radiowave Lifestyle Interview with Capricorn Assest Management's Relf Lumley on the subject of 'different types of investments' that we will be publishing in the weeks to come, but in the meantime read this interesting article by Tarina Biewenga-Mostert, CFP®, Marketing and Communication Officer at Capricorn Asset Management about the emotional and behavioural aspect of financial planning:

When talking about financial planning and investments, one needs to identify your future needs, life goals and objectives. However, even though this may seem like an analytical process, by simply taking into account risk profiles and applicable investment horizons, it is clear that the investor should be at the centre of the process and their motivations and expectations must also be taken into account.
 
One comes to the conclusion that there is also an emotional side to financial planning, the study of which is called Behavioural Finance. Behavioural Finance studies the way investors think and make decisions regarding their investments and the risks associated with it. A number of consistent biases have been identified in the way investors think, feel and act. Therefore financial markets are not always as rational as one would think.
 
Some observations can be made regarding the behaviour of investors:
 
* Investors are not as objective as they believe they are and thus are subject to systematic risk
 
* Investors are selective to pieces of information in order to suit their personal opinions
 
* All decisions contain emotional elements, specifically hope and fear
 
* Economists may sometimes be too confident in their predictions
 
* One becomes greedy when growth is peaking and sells out when prices have fallen.
 
Anyone or a combination of these traits can put one’s financial performance and objectives at risk. Human tendencies can lead one to be ignorant to information and to follow your own predetermined beliefs and notions. These are referred to as biases.
 
There are quite a number of biases that have been identified. Here we take a look at two of the main biases that affect your decision making process:
 
1. Cognition: How you perceive and organize certain information that can also result in errors.
 
2. Emotion: How you feel when evaluating the information
 
Cognitive Bias Examples:
 
Confirmation Bias
 
Investors tend to pay more attention to information that seem familiar and support their own perceptions and opinions, thus they would not seek information that contradicts their view. They
 
often jump on the bandwagon with other investors that agree with them. This is very dangerous as it can result in missing some investment opportunities and making erroneous moves.
 
Status-Quo Bias
 
With this bias, investors often fail to adjust their investment portfolio to relate to their life-cycle. Unfortunately humans are creatures of habit and generally dislike change. This bias can be very risky as your investment profile can either be too high risk depending on your life-cycle or too conservative, e.g. a retired investor should tend to have an cash preservation approach with very little risk whereas a young investor should want high risk in order to generate capital growth.
 
Negativity Bias
 
These investors prefer to stay out of the markets; they miss out on the rallies and inevitably miss out on the returns. The risk is that you end up with less growth since most of these investors only invest in money market funds and cash, although you have constant growth, the return received over the long run may be much less than staying put in the bull and bear markets over a prolonged period.
 
Emotional Bias Examples:
 
Loss Aversion Bias
 
This is an intense fear of investors that they may lose money. The risk is that they end up holding the investment for too long when they should be selling, and selling too early those that they should keep. Thus they end up increasing their risk and lowering their potential future returns. The human tendency of believing what goes down must go up creates a risk for your investment portfolio.
 
Overconfidence Bias
 
This investor believes he is more up to date with the markets than anyone else and has much more skill and experience when it comes to investment decisions. There’s a true saying that becomes relevant here, it’s not about how much you know, but rather how much you know you don’t know. Thus be humble and do your research.
 
Regret Aversion Bias
 
When one compares “what if” with “what might have been” you create indecisiveness for yourself. You regret making decisions and start to question your investment decisions. You regret that you did not buy into the market, or chose the wrong investment option. This bias is triggered when your actual returns and expectations don’t match up.
 
So how does one deal with these biases? The simplest solution is to rationalize your decision-making process by following these simple steps:
 
1. Problem Identification: Clearly define your investment goals and needs.
 
2. Generate Alternatives: Identify possible solutions to your goals & needs, such as sensible investment opportunities.
 
3. Evaluation: Evaluate the investment opportunities and choose the most sensible one.
 
4. Implementation: Implement the selected investment opportunity and review it against your goals/needs and investment horizon
 
In conclusion, when it comes to adjusting your investment portfolio, make your decisions based on your goals and needs, rationalise your biases and don’t let it guide your investment decisions.
 
*Written by Tarina Biewenga Mostert CFP®, Marketing and Communication Officer at Capricorn Asset Management part of the Capricorn Group.

Stay Focused And Motivated

•    Take a deep breath
•    Reframe your situation.  Ask yourself how can I make the most of this situation.
•    Prioritize:  What is important, what will be urgent, what can you put off, what can you delegate and what can you let go.
•    Look at the bigger picture.  Nothing is all bad.  What can you be happy about, thankful about.
•    Connect with others and ask for help.
•    Drop “should” and “must” from your vocabulary.