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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.

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    • Hello   I have an RA but we are looking to invest a bit more before we retire in 15 years or so (yes, we're also looking at crypto).    Would buying gold and silver krugerrands in April (2021) be a good idea?    I read somewhere that April is historically a good month to buy?    What percentage profit could we make if we sell in 15 years?    Thanks for answering my amateur questions 😊
    • To support economic recovery, government will not raise any additional tax revenue in this budget. The personal income tax brackets and rebates will increase above the inflation rate of 4 per cent. Government will increase excise duties on alcohol and tobacco by 8 per cent for 2021/22. Inflation-related increases of 15c/litre and 11c/litre will be implemented for the general fuel levy and the RAF levy, respectively, with effect from 7 April 2021. The UIF contribution ceiling will be set at R17 711.58 per month from 1 March 2021.
    • Budget Tax Guide 2021.pdf2021-Full-Budget-Review.pdfBudget 2021 Estimates Of National Expenditure.pdf
    • Finance Minister Tito Mboweni is due to present the budget at 14:00 today (Wednesday) 24 February 2021.       All eyes will be on finance minister Tito Mboweni when he delivers his much-anticipated budget speech in parliament on Wednesday afternoon.   Mboweni is set to deliver his budget speech at 2pm. It come in the wake of shocking unemployment figures that were shared by Stats SA on Tuesday.   The unemployment rate in the fourth quarter of 2020 increased by 1.7 percentage points to 32.5% compared to the third quarter. This is the highest since the start of the Quarterly Labour Force Survey (QLFS) in 2008.   Stats SA said the unemployment rate, according to the expanded definition of unemployment, decreased by 0.5 of a percentage point to 42.6% in the fourth quarter of 2020 compared to the third quarter.   “The results of the QLFS for the fourth quarter of 2020 show that the number of employed people increased by 333,000 to 15 million, and the number of unemployed people also increased by 701,000 to 7.2 million compared to the third quarter of 2020, resulting in an increase of one million (up by 4.9%) in the number of people in the labour force,” it said.   Among other things, Mboweni is expected to elaborate on measures undertaken to help the economy recover since the onset of the Covid-19 pandemic more than 11 months ago.   Any changes announced by Mboweni on Wednesday come into effect in April.   Last month, he called for South Africans to send him their tips on how to improve the country’s ailing economy. The liquor and motor industries have asked for tax relief.   Read More: https://www.timeslive.co.za/politics/2021-02-24-budget-2021-wishlist-heres-what-sa-hopes-to-hear-from-tito-mbowenis-speech-today/
    • How much is your car insured for?   How much do you currently pay?   Who are you insured with?   Did you claim before & how was the experience if you did?
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