What’s the real cost of “set-it-and-forget-it” investing? In this episode of The Money Maze, we unpack the jargon behind passive investing, from the structural differences between ETFs and Unit Trusts to how NAV (Net Asset Value) works and why TER (Total Expense Ratio) quietly chips away at your returns.

Jay breaks it all down in plain English, with zero fluff and just enough sarcasm to keep your coffee hot. Whether you're investing through EasyEquities or still figuring out what a Unit Trust even is, this episode will help you stop nodding blindly and start understanding what you're really paying for.

Terms covered:
• ETF vs Unit Trust
• NAV (Net Asset Value)
• Premiums & Discounts
• TER (Total Expense Ratio)
• Hidden fee jargon to watch for

Can you actually sell that share when it matters? In this episode of The Money Maze, we break down Volume, Bid/Ask Spread, and Liquidity. Three critical (and often ignored) indicators every South African retail investor should understand.

Learn how trading volume affects your ability to get in and out of a stock, why wide bid/ask spreads quietly eat into your profits, and how low liquidity can trap your money when the market turns sideways.

Whether you’re on EasyEquities or just trying to avoid rookie mistakes, this episode gives you the tools to avoid buying into a financial ghost town.

This week’s Maze Dive heads down to the Western Cape, where Spear REIT just posted its FY2025 results and quietly grew its portfolio to R5.5 billion.

No malls. No megaprojects. Just industrial parks, office blocks, and rental income stacking up across Paarl, George, and Blackheath. With a growing solar network to keep the lights (and profits) on.

We unpack what those numbers actually mean, what’s driving the growth, and whether this dividend-paying property stock deserves a spot in your portfolio.

The Money Maze is not financial advice. Just insight, sarcasm, and a Sunday session to help you make sense of the JSE.