Tag Archives: assets

Lifestyle vs Investment Assets – asset rich and cash poor

By Paul Leonard CFP One should differentiate between lifestyle assets and investment assets.   In the series of books by Robert Kiyosaki of Rich Dad, Poor Dad fame, he defines an asset in Rich Dad language as something that generates a … Continue reading

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Asset rich but Cash poor estate

By Paul Leonard CFP George retired about 15 years ago and bought a very nice sea facing house in a small town along the coastline.    Back then he spent R500,000.   Today that same house must be worth about R3 Million. … Continue reading

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Holiday homes and estate planning – Asset rich but Cash poor estate

By Paul Leonard CFP If you have a second home, such as a holiday home, it may have a number of hidden liabilities in the context of estate planning.   Many South Africans might be asset rich but cash poor. Without … Continue reading

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