Sunél’s Blog

Sunél’s Blog | Sit dit af, sit dit af! (Switch it off, switch it off!)
Sunél Veldtman, | 20 December 2019

When Apartheid was at its height, Johannes Kerkorrel created the protest song, Sit dit af, sit dit af! against State propaganda at the time. It’s been ringing in my ears for a long time. It’s how I feel about news these days. The news media has become an endless source of negative noise. Almost every time I tune in, I ...

Sunél’s Blog | What are holidays for?
Sunél Veldtman, | 14 December 2019

This will be my last blog post for a month. Not only are we relocating to Cape Town from Johannesburg as you read this, but it is the holiday season for most South Africans. Many make the trek to their home towns, their families or their usual seaside resort. As we all do so, it might help to think ...

Sunél’s Blog | What is the worst thing that can happen?
Sunél Veldtman, | 06 December 2019

Last week, I wrote about uncovering the root of anxiety about money, which starts with awareness. But awareness is not enough. When we worry about money, we often have vague fears about the worst thing that can happen. What if a global recession wipes out half of my capital just before I retire? Experts will placate you and say that ...

Sunél’s Blog | How is your money anxiety working out for you?
Sunél Veldtman, | 29 November 2019

You may be aware of the beliefs that you have consciously adopted or rejected but you may be completely unaware of the beliefs which drive your anxiety. What are your beliefs about money? How are your beliefs working for you and how are they affecting the most important relationships in your life?

Sunél’s Blog | What is your number?
Sunél Veldtman, | 22 November 2019

Worth is not determined a number. Worth is permission, from yourself, to treat yourself with honour and to require that from others, regardless of any monetary number that can be attached to yourself.

Sunél’s Blog | About Changing Your Mind
Sunél Veldtman, | 15 November 2019

Have you changed your mind about your money or your life principles? Ever or recently? Hopefully, you have because it will indicate that you are open to learning. A learning mindset is essential for building wealth and for a meaningful life. There are several good reasons for changing your mind: new data or research emerges; tax ...

Sunél’s Blog | How to read…financial news
Sunél Veldtman, | 08 November 2019

There has been a proliferation of financial news. You can drown in waves of it if you do not wear a life jacket. Most of it is badly written, poorly researched and aimed at selling you something…typically fear. We should know this by now. Fear sells. Most financial news is unhelpful to wealth creation because wealth creation requires optimism – optimism ...

Sunél’s Blog | Trust your gut…or not?
Sunél Veldtman, | 01 November 2019

In my work, when I hear the words intuition or gut, my radars switch on for what comes next. When someone says, ‘I just have a good gut feeling about this investment or my gut tells me that the currency will be at 20 by year-end’, I listen up. Gut feeling or intuition can mean many different ...

Sunél’s Blog | How we decide
Sunél Veldtman, | 25 October 2019

Have you ever paid attention to how you decide? What is your process when you make an important life decision and what information do you consider? Do you process data, or do you just go with your gut? What happens when you must decide as a team or a family or a couple? This year our ...

Sunél’s Blog | Leave…or make a positive contribution
Sunél Veldtman, | 18 October 2019

This year an already depressed sentiment about the prospects of our country plunged to new depths. For some, anything from a potential IMF bailout to the NHI or the credit downgrade have been rational reasons for negativity. They are indeed reasons for concern, but it doesn’t necessitate that every real and social media conversation dive

Sunél’s Blog | Lessons from the Camino
Sunél Veldtman, | 13 October 2019

The Camino de Santiago was not on my bucket list. It never occurred to me that I might want to do it until earlier this year when I mentioned to a friend that I wanted to take some time out and she said, “You should do the Camino.” The Camino de Santiago is a network ... Read more

Sunél’s Blog | The importance of walking through the woods
Sunél Veldtman, | 13 September 2019

At the end of last year, after seven years of building Foundation Family Wealth, I was exhausted. I felt that 2019 had to be a year of rejuvenation. I wanted to learn new skills, expose myself to new ideas and renew my life and business vision. I also wanted to take some time off. We ...

Sunél’s Blog | The value of loss
Sunél Veldtman, | 06 September 2019

If you cannot stomach the loss or simply cannot afford the thing you want to do next because you bargained on obtaining the higher price, you must wait; but you may have to make peace with the fact that you will wait a long time. Or forever.

Sunél’s Blog | What is it worth to you?
Sunél Veldtman, | 30 August 2019

As an adviser, I am frequently asked about the investment merits of lifestyle assets such as holiday homes, art, yachts or vintage cars. In South Africa, holiday homes are popular and a signal for some, of status and wealth. I married into a family with a holiday cottage at the coast and have been going there for thirty years. That ...

Sunél’s Blog | 55%
Sunél Veldtman, | 23 August 2019

That’s the ratio of people living below the national poverty line of R992 per month in South Africa. That’s 30-million people. I knew that it was bad. But that number hit me between the eyes again. These are the homeless and the unemployed. It excludes our domestic Mercy who worked 6 days a week at the local ...

Thoughts create reality
Sunél Veldtman, | 16 August 2019

Where I grew up in the Karoo everything was scarce. Water was always scarce. If the wind didn’t blow, we couldn’t even get water from the boreholes. I learnt to bath in a few centimetres of water only when the water tank was full. I learnt to keep the dishwater standing just in case ...

Measure it
Sunél Veldtman, | 08 August 2019

I have repeatedly seen how the angst literally dissolves away from clients when we show them the concrete steps they can take to make a comfortable retirement a possibility or better yet, that their retirement capital is already enough. By focusing on what they can control, instead of a distant disaster, they can control their ...

The world is a good place right now
02 August 2019

Last year when I mentioned in a speech that the world has never had it so good, people asked me afterwards whether I was trying to be funny. I don’t do funny well. My family are forever telling me that I should lighten up. The thing is, compared to the rest of history – the average ...

What will make this day great?
26 July 2019

The year is speeding ahead. We pile on the busyness as our annual holidays become distant memories. But where does this busyness get us? What exactly are we trying to achieve? Are we trying to earn more money so that we can be happier? Add more achievements to our CVs? Boost our egos with a ...

The small steps matter
19 July 2019

“Small choices are the difference between health and sickness, loneliness or friendship, financial freedom or distress.” Read more

Daily Dose of Gratitude
Sunél Veldtman, | 19 July 2019

As a wealth strategist, the space I occupy is a junction between the hard currency of how money structures clients’ lives and the softer side of listening to clients’ dreams, goals, concerns and hopes for their lives. I have many observations about this space. One of the most notable being how the contact point between money ...

The cost of recency bias
Sunél Veldtman, | 12 June 2019

2018 was a difficult year, one of the most difficult of my career. An overriding pessimism enveloped us: Trump was fighting with China over trade, Brexit turned out to a big mess, Europe stood, once again, on the precipice of a recession, the currency declined, South Africans learnt more about the extent of our leader’s corruption and financial markets tanked. ..