So much to explore at the Swakopmund Museum When last did you experience the wonders of a museum? When last did you enjoy the sight of stuffed wild animals up close, beautiful dioramas taking you to different worlds, marvel at the daily life a century ago, the curious ways of other cultures, the intriguing story of fossils before humankind, the wonderful gemstones as if from a treasure chest and stones from out of this world: meteorites? When last did you visit the Swakopmund Museum? on ancient culture in Namibia, exhibitions making the first years in Swakopmund come to life. There is a whole hall devoted to contemporary Namibian cultures, with all their interesting specialities which make our cultural diversity so intriguing. Especially the boys of all ages might enjoy the transport section with an original ox-wagon, a huffing model of a twin locomotive, the military exhibit and more. Regular visitors of the Museum will be interested to hear that the museum has a new exhibition about the building of one of our landmarks: the Swakopmund jetty. In December there will be a competition going on in the Museum with interesting prices to be won by young and old. If you interested in the history of Swakopmund, the museum has the wonderful, enlightening film by
The Swakopmund Museum has some of the most in-depth exhibits about Namibia's cultures, flora, fauna, geology, archaeology, transport systems and modern history – all under one roof. It is the largest privately run museum in Namibia and gets complimented by visitors from all over the world. The wildlife exhibition shows species which few people were lucky enough to set their eyes on in the wild, such as the aardvark and the golden mole. Namibia's many diverse ecosystems are shown and explained in the botany section. There is a special multimedia exhibition informing about the devil's claw (and other medicinal plants), which is definitely worth exploring. Cultural exhibitions span from historic artefacts such as well-preserved pots and centuries old jewellery, exhibitions shedding light
Immo Böhlke on display in the mornings (10:00-13:00). Other films are also shown upon request. The Museum is open daily, even during holidays: 10:00-17:00. It will only be closed on 24, 25 and 31December and 1 January. Go to the Swakopmund Museum and learn while having fun! The Scientific Society Swakopmund is the governing body of the Swakopmund Museum and the Sam Cohen Library. The library hosts a wealth of historic books, documents and photos, alongside recent scientific literature. For more information visit the website: http://scientificsociety swakopmund.com/ or phone 064-402 695.
The Swakopmund museum is located at the town’s Mole
Season’s Greetings from Hendrie & Team!
Hendrie Scheun:
Let's talk Finance How is this possible? The next graph shows the emotional cycle of investing. It starts after a crash when we are deeply reluctant to move out of cash. As our friends start telling us they are making money, our greed wins over our fear and we get into the markets. As share prices run up and peak, we follow them up and then down into desperation. Now we panic as fear wins over greed and we move to a safer portfolio or into cash. Now that we have realized these low prices, we are angry with ourselves, our adviser and the markets. We have just experienced our own investment horror story, we are despondent and depressed and we will tell others forever! However, markets eventually turn up and our friends are starting to make money again. Should we stay out? No! Greed wins over fear and here we go again repeating the same emotional cycle that leads to losses through the behavior gap.
From left to right: Rainer Teichmann (Financial Adviser), Jeanne Sanderson (Office Administrator), Tarsilla Ikorua (General Office Assistant), Marion Scheün (Adviser & award-winning Administrator), Hendrie Scheun (Adviser & award-wining Economist), Alicia Möller (Junior Office Administrator), and Michele Arnold (Investment Consultant). We are situated in Walvis Bay and focus on investments, savings, policies and wills. Our team can be reached for an appointment on 064 – 215 313 or 081 127 2244. We hope to hear from you soon!
Minding your gap - December 2016 People invest to make money. We are at the same time fearful of losses but greedy for profits. Often our actions hurt our investment performances. This article covers some aspects of the differences between rational and actual behavior and it offers solutions to overcome this gap. Perceived losses are twice as painful as perceived profits. In market crashes perceived losses can quickly turn into realized negative returns. This happens when the investor abandons his or her long-term investment plan, panics and moves into a safer portfolio or into cash. These panic moves realize the negative return position. We are thus cautious investors, non-rational human beings that are moved by short term investment volatilities, noises and our own fears. So how do we overcome our short-term mistakes? The graph below illustrates a simple truth. Many studies have shown that investors realize less returns than they could have made. This is because they impose short term fearful decisions on their long-term investments. The difference between the investment return that could have been obtained if one stayed with your long-term plan and the actual investor return is called the behavior gap. This gap could be as much as half of the investment return! INVESTMENT
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So how do we narrow our behavior gap, so that we can make more money and have less emotional stress? The answers are: · Understand yourself. If you know what pushes your buttons, you can guard against your gap. · Educate yourself in investments. The more you know the less you will panic. · Time in the markets is important. No-one can time market entry Or exit, so stay invested. · Have a diversified portfolio to smooth out the investment ride. · The fewer investment statements you receive per year, the less you are likely to panic. · Tune out the negative noises and stick to your fundamentals. · Have a good long term investment plan and stick to it. To develop and stick to a long-term investment plan, you need an ethical financial adviser whom you can trust. If I was your adviser, you would experience over the long term above-average Performance with below-average risk at competitive costs and excellent service. Together we Would successfully walk the long-term investment road by narrowing your behavior gap. If we can manage this well, you can almost double your investment returns as compared to your investor returns. Hendrie Scheun, BSc (UNAM), DEP & MSc (Financial Economics) (London), ACFP (Investments) (UFS), and CFS®, is a qualified economist and accredited Senior Financial Adviser with vast investment knowledge as well as international and local experience. He can be contacted on: hendries@sanlam4u.com.na / 081 127 2244 or (064) 215 313. Investment Analyst, Michele Arnold, BCom (Honors in Risk Management) (North-West University) contributed to this article.
Closed: 23 December 2016 - 9 January 2017