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  • The JSE Investment and Finance Forum

    Platinum Wealth is a leading financial forum with an eye on the future of our country and the citizens of South Africa.  Even though the era of trading exclusively with physical goods is in the distant past, we as a civilization have always looked for new ways to prosper. Simply put, ways to get a better deal.  To have more, for less.  At Platinum Wealth we have created a bigger platform for you to do exactly that - a connected network of your peers giving the tips and tricks that have helped them reach their financial and investment goals.

    From personal finance and creating wealth, to financial news and small business, we cover it all at Platinum Wealth.  Pose your money and investment questions in our money and investment forums, we'll make sure they get answered.  We want to guide a new generation of money conscious readers.  We are here to share tips and practical knowledge that will help you live large without sacrificing your financial independence.

  1. Finance forums

    1. Investments

      Discussions and questions about stock market investments, tax free savings, and high interest savings accounts.

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    2. General Finance

      Discuss general personal finance issues and home accounting not covered on the other finance boards.

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    3. Business Finance

      Discussions about business finance, such as accounts and accounting, business loans, taxes, and related business issues.

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  2. General Forums

    1. News and Current Affairs

      Financial News, Economic Events, Politics of Money, discussions about the latest news and current affairs

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    2. General Chat

      General chat and discussion away from the finance topics.

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    3. The Marketplace

      Buy / Sell / Trade - Forum Classifieds. Please read the rules first and follow them. (First sticky thread at the top)

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    4. Introductions

      Introduce yourself to The Platinum Wealth community and say hello. :)

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    5. Site News & Feedback

      Platinum Wealth site news and feedback.

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  3. Cryptocurrencies

    1. Mining

      Discussions about Bitcoin, Ethereum, Zcash, Litecoin and other cryptocurrency mining and hardware.

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    2. Bitcoin BTC

      As the value goes up, heads start to swivel and skeptics begin to soften. Feel free to talk about anything and everything related to Bitcoin.

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    3. Ethereum ETH

      A decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime.

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    4. Other Cryptocurrencies

      General discussions about other cryptocurrencies that doesn't fit elsewhere. If enough interest is shown, it will be given it's own section.

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    5. Initial Coin Offerings

      Everything related to active and upcoming ICOs. An unregulated means by which funds are raised for a new cryptocurrency venture.

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  4. Investment Clubs

    1. Platinum Wealth Investment Club

      This is a sub forum for the Platinum Wealth Investment Club

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  • About Us

    The mission of Platinum Wealth is to create an Investor Culture in South Africa by equipping fellow South Africans with the knowledge and means to invest for their future today; taking control of their money and enabling a life full of wealth and prosperity. We work closely with Finance companies to ensure relevant, up to date content and answers are always available. We are proudly South African, presented by South Africans for South Africans. Be part of our Finance and Investment Forum it costs nothing and the returns last a lifetime. 

  • Posts

    • South Africa: coalition government won’t fix past failures – expect the private sector to play a bigger role in delivering power, transport and security   To help save the planet, governments across the globe are choosing to adopt sustainable policies and encourage (or coerce) the private sector to do likewise. Given the climate crisis, most responsible governments are focusing on finding every possible means to meet existing needs without sacrificing the planet to meet the needs of future generations.   In South Africa things are different. Although the country has presented guidelines for a just transition to greener energies, this has not been out of choice. It’s been out of necessity. It is mainly due to the collapse of the country’s energy infrastructure, not government leadership or a change of mind among the coal lobby.   State-owned enterprises, specifically in electricity, rail and ports, are a legacy of the apartheid state and South Africa’s “post-apartheid” settlement. Being state-owned isn’t a problem, so long as an enterprise is run well. But in South Africa the government has failed to run them well. And failure in these areas has resulted in a turn to the private sector – either to help fix electricity, rail and the ports or to fill the vacuum in other ways.   Even where government has adopted sustainable policies, the private sector has become the major driver of this shift, further worsening inequality.   The problem with greater private sector involvement is the sector’s profit motive. Not only are private sector driven solutions only for those who can pay, they also end up driving public priorities. Thus, those who can pay also drive “development”, instead of government deciding in the interests of society as a whole (now and in the future). This is the reverse of how things should be.   This process of inadvertent privatisation takes the power to make development decisions out of the hands of the people’s representatives (government) and puts it in the hands of private companies. They are driven not by broader societal (even global) interests, but by profit and the interests of shareholders. This undermines democracy and disempowers citizens.   In addition, infrastructure failures have led to “degrowth” in South Africa. Degrowth is the idea that, in order to save our planet, economies must slow or even stop their growth, at least as measured in terms of GDP.   Development will continue to stagnate even after the historic 2024 elections.   Read further: https://theconversation.com/south-africa-coalition-government-wont-fix-past-failures-expect-the-private-sector-to-play-a-bigger-role-in-delivering-power-transport-and-security-230812
    • Access to electricity – measured by the share of individuals who use electricity as their main energy source – has significantly improved in lower-income countries in recent decades. Thanks to large-scale rural electrification and infrastructure development programmes, 90% of the population in these countries had access by 2021, up from about 74% at the turn of the century.   In many of these countries, however, electricity supply is often unreliable. Generating capacity is inadequate, there’s not enough investment in infrastructure, and energy prices are high. Consequently, outages are frequent and long-lasting. By forcing households and firms to use alternatives, such as diesel generators and back-up batteries, these outages raise the costs of energy, thus limiting the benefits of access. Those costs come in the form of direct expenses for households and firms and broader social impacts.   Power outages have long been identified as a major constraint to economic development. Many studies document their negative effects on economic growth, firm productivity and sales. It is unsurprising then that people are willing to pay a relatively large amount for reliable power. Because of those negative effects, it’s likely that outages have an impact on the labour market too. This is of particular interest in high-unemployment contexts, like South Africa, where creating decent jobs is key to alleviating poverty. However, evidence on these effects is scarce.   Read the full story on The Conversation
    • To turn around Pick n Pay and restore profitability, the group will shut 35 stores and convert another roughly 70 to the mass-market Boxer brand (in areas where this makes sense) or to PnP franchise operators.   In total, more than 100 stores will be converted or closed. This is a sizeable chunk of its current footprint – it only has 300 company-owned PnP supermarkets in South Africa. The closures amount to approximately 10% of its owned store base.   Read the full story here: https://www.moneyweb.co.za/news/companies-and-deals/pick-n-pay-will-shut-one-in-10-corporate-supermarkets/ 
    • Guest gary
      Hi All,   Some advice on current investment portfolio would be much appreciated. Am I on the right track, should I make any adjustments.  Fully understand that it is not professional advice.   Battling to find good independent advice. Always linked to a product or to scared to give outright advice.   Key investment goal is to retire comfortably in 25 years time and get decent long - term growth. Current portfolio: Equities - ETFs (Top 40 (R1m), MSCI World (R250k), S&P500 (R50k), Nasdaq 100 (R200k))  Property - 3x properties (paid off in full and currently renting) (Prop 1 (R4.2m), Prop 2 (R1.2m), Prop 3 (R1.0m) - Decent rental yields, all above 10%. Retirement fund through company (R3m) Smaller emergency funds here and there but nothing to write home about   When I look at it I do believe I am over exposed to SA market and property.    Advice would be appreciated.   Thanks a million.
    • Buy Solar panels online, Buy Inverters online, and lithium Batteries in South Africa We provide backup power and solar power products to re-sellers and end users directly from our warehouse. We aim to provide good quality affordable solar products to the South African and regional markets. We keep our cost of sales as low as possible and in turn, pass those savings on to the customer. We strive to import directly from the manufacturer as many of our solar products as possible and cut out the middleman. Visit our website and place your order https://www.apexappliancesale.co.za/shop/ https://www.apexappliancesale.co.za/
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