{"id":510940,"date":"2021-08-04T14:48:04","date_gmt":"2021-08-04T12:48:04","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=510940"},"modified":"2021-08-04T14:48:04","modified_gmt":"2021-08-04T12:48:04","slug":"dont-move-with-the-noise-if-you-want-financial-freedom","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/510940\/dont-move-with-the-noise-if-you-want-financial-freedom\/","title":{"rendered":"\u2018Don\u2019t move with the noise\u2019 if you want financial freedom"},"content":{"rendered":"<p>After 35 years working internationally in the finance industry Sarah-Jane Wagg certainly knows what she is talking about. Still, she prefers to leave her retirement savings with 10X because, she says, when you are too close to something you tend to move with the noise, \u201cand the one thing that is really important with long-term investing is not to move with the noise\u201d.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/FTpC_vfZYek\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>When it comes to retirement saving, Sarah-Jane adds: \u201cYou must make a plan and stick to it!\u201d<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.10x.co.za\/?utm_source=business+tech&amp;utm_medium=partnership&amp;utm_campaign=biztech6sj#home-calculator\" target=\"_blank\" rel=\"noopener\">Build your own personalised retirement plan<\/a><\/strong><\/li>\n<\/ul>\n<p>Sarah-Jane, who describes herself as 54 years young, took early retirement last year and is settled in the Eastern Cape after a career that saw her working in Australia, Singapore, Hong Kong, Malaysia, Indonesia and the UK.<\/p>\n<p>Some will say that this lady who has just become a grandmother for the first time is \u201cso lucky\u201d but, as it often does, her \u2018luck\u2019 involved lots of hard work and sticking to her plan.<\/p>\n<p>Sarah-Jane, who spent the last 15 years of her career in c-suite positions, says she is thoroughly enjoying the lifestyle change \u201cafter retirement\u201d. Though the mother-of-three who is clearly not afraid of hard graft adds: \u201cEarly retirement has been an amazing opportunity where I have been able to go off and start two new businesses.\u201d<\/p>\n<p>She has retrained as a yogi and opened a yoga studio, Kenton Yoga, and a wellness retreat Kuda Lari. She was inspired, she says, to encourage people like herself \u2013 both men and women \u2013 in the high stress industries, particularly finance \u2013 \u201cabout the importance of looking after yourself, your body, your health and general wellness\u201d.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/WgpP13g8kpk\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p>Sarah-Jane adds that her definition of wellness encompasses financial health, including saving and preparing for retirement.<\/p>\n<p>Saving for retirement is very important, according to Sarah-Jane, \u201cbecause you want to be able to look forward to retirement, and hopefully have at least a similar lifestyle to what you had prior to retirement\u201d.<\/p>\n<p>Other key aspects of retirement saving success for Sarah-Jane are the long-term performance of the fund you choose, as well as keeping costs down. These two factors \u2013 good long-term performance and low fees \u2013 are what she likes most about 10X Investments.<\/p>\n<p>\u201cTo me, it is a game of fees and performance,\u201d she says. \u201cWhen you are paying lower fees you have more of your money going back into your pension fund and growing for your retirement.\u201d<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/7fQxYLXosTo\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>She first became client at 10X when she joined Macquarie, the financial services group, and joined the corporate retirement savings fund, which 10X manages. \u201cBeing in the financial industry,\u201d she says, \u201cwe advised pension funds so I was aware of 10X.\u201d Also, \u201cI really liked the people I dealt with at 10X\u201d.<\/p>\n<p>On taking early retirement, Sarah-Jane consolidated the savings she had with two other funds, which \u201chad multiple years of poor performance\u201d, into her 10X portfolio.<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.10x.co.za\/campaign\/fee-comparison?utm_source=business+tech&amp;utm_medium=partnership&amp;utm_campaign=biztech6sj\" target=\"_blank\" rel=\"noopener\">Ask 10X for a free fee analysis and cost comparison<\/a><\/strong><\/li>\n<\/ul>\n<p>The decision to move her money was not taken lightly because, she says, \u201cI do believe you should never just jump around from one fund to another because markets \u2013 as we are seeing now with the coronavirus \u2013 are incredibly cyclical so you have got to choose what you are comfortable with and look at the long-term performance\u201d.<\/p>\n<p><em>The views expressed in this interview are Sarah-Jane\u2019s opinion, based on her personal experience, and should not be construed as financial or tax advice. Sarah-Jane Wagg was not paid for this interview although 10X compensated her for time spent and expenses incurred on the day. 10X Investments is an authorised FSP.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After 35 years working internationally in the finance industry Sarah-Jane Wagg certainly knows what she is talking about.<\/p>\n","protected":false},"author":57,"featured_media":510968,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[11953],"class_list":["post-510940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-10x-investments"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=510940"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510940\/revisions"}],"predecessor-version":[{"id":510972,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510940\/revisions\/510972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/510968"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=510940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=510940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=510940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}