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  • The JSE Investment and Finance Forum

    Platinum Wealth is the soon-to-be-leading financial forum with an eye on the future of our country and the citizens of South Africa. No matter if the years of trading with just goods have gone by, us as a civilization have always looked towards how to get a better deal, how to have more – essentially to prosper. We have created a bigger platform for you to do so. A connection of your peers giving their tips and tricks for what has helped them reach their finance and investment goals.

    From personal finance and making money, 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 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.

    2. General Finance

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

    3. Business Finance

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

  2. General Forums

    1. News and Current Affairs

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

    2. General Chat

      General chat and discussion away from the finance topics.

    3. The Marketplace

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

    4. Introductions

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

    5. Site News & Feedback

      Platinum Wealth site news and feedback.

  3. Cryptocurrencies

    1. Mining

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

    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.

    3. Ethereum ETH

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

    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.

    5. Initial Coin Offerings

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

  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

    • Well, once again, Rhodium was on a different planet to everything else, with the 1nvest Rhodium ETF (ETFRHO) delivering growth of 187.1%. Originally, the reason for the stellar growth of Rhodium was the change from platinum catalysts to rhodium in the auto industry, but now I suspect that it is purely momentum. I wonder how long this can go on. Every year, I think the performance cannot be repeated and then each year is better than the last. It's kind of like Bitcoin at the moment. It could collapse at any time or could go past the moon.   The top 10 performing ETFs in South Africa tracking market indices for 2020 were:   SYG4IR:     68.1%     (Sygnia Itrix 4th Industrial Revolution Global Equity ETF) STXNDQ:     56.1%     (Satrix Nasdaq 100 ETF) ETF5IT:     49.9%     (1nvest S&P 500 Info Tech ETF) SYGUS:     26.3%     (Sygnia Itrix MSCI USA ETF) STX500:     24.3%     (Satrix S&P 500 ETF) STXEMG:     24.2%     (Satrix MSCI Emerging Markets ETF) SYG500:     23.8%     (Sygnia Itrix S&P 500 ETF) ETF500:     23.0%     (1nvest S&P 500 ETF) CSP500:     22.7%     (CoreShares S&P 500 ETF) STXWDM:     22.0%     (Satrix MSCI World ETF)   Source: https://www.moneyweb.co.za/investing/etfs-investing/local-etf-returns-is-the-market-mood-shifting/   Once again, SYG4IR has had amazing performance despite having many critics in the financial world. I think with ETFs, popular is good, and as long as it remains popular, it will keep growing. In a way, I think it's similar to Rhodium - growth can carry on for many years as long as there is momentum. Also, as predicted, STXNDQ did finally overtake ETF5IT. I personally don't like ETF5IT since roughly 40% is made up of just two companies - Microsoft and Apple. I just don't see how these two companies can continue repeating their stellar financial results of 2020 year after year, but then you never know. Interesting that all of them are offshore this year - Bandit was right with his prediction. So what are your predictions for 2021? My guess is that there will be a strong rebound in local property, but let's wait and see...      
    • If you feel you lack discipline, why not set up a recurring contribution to your ETF fund via debit order? Even a small monthly amount. You'll get the benefit of cost price averaging AND the peace of mind that you're putting away that money every month before you eat out and waste it on unneccessary stuff. Then if you want to diversify, you can always take out an additional RA. 
    • Just thought I would share this video about the MTI ponzi which caught a lot of people in South Africa. Its 2hrs long, and the video in the first couple of minutes is a bit dodgy, but it covers a lot of stuff that 'investors' in MTI should know from the perspective off bitcoin, crime, taxes, liquidation etc. Description: Gareth Grobler with guests Francois Harris & Mark McAllister, discuss the collapse of Mirror Trading International (MTI). We do an overview of the situation as it stands. How we got here and why these guys keep getting away with it. We provide tips on how to steer clear of cryptocurrency scams, how to manage your own bitcoin portfolio, and what to be on the lookout for.    
    • Happy New Year for 2021!!! Just checking in....   Bitcoin is still reaching new all time highs, and is hovering around the $29k mark which is around $25k higher than when this thread was started.   Yes, it is completely possible to still see a major pull back in price, but I am still of the mindset that over all, 2021 will be a massive year price wise.   Below is a 2yr chart of the price of bitcoin on Bitstamp exchange:     Hope everyone has a great 2021!  
    • So I have been planning my Tax Free Investment Account portfolio for 2021 and this is what I've decided to buy in the year ahead in terms of my ETF picks:   Composition: 70% Offshore Equities 20% Local Equities 10% Local Property   My portfolio will then look as follows:   Offshore (70%): ASHEQF:      25% STXEMG:     25% STXNDQ:     10% SYG4IR:       10%   Local (30%): STX40:          7% NFEMOM:     7% STXQUA:       7%   CSPROP:       10%   The local picks may seem strange at 7% each, but I cannot decide between the three local equity ETFs. NFEMOM has done very well in terms of local ETFs and will probably continue to shine. STX40 contains the more resilient stocks that are most likely do perform best in difficult times. And STXQUA, well, I just love the composition of shares in the basket. My TFIA already contains ETFs in the composition above, so I'll just continue to buy in the same ratio.      
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