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  1. Yesterday
  2. According to my iPhone (which shows I'm a very boring person): Browser - 60% Facebook - 20% Lightroom, Instagram, Whatsapp, Telegram, Teams, Linkedin - 20%
  3. Last week
  4. Personally I use Instagram and Twitter the most. Plus reccently I found cool vpn service to protect my privacy online.
  5. Ignoring additional costs of transferring money, if the Rand drops from R18.40 to R15.40 it is a loss of -16.67%. If your blue chips are going to grow by more than that in the short term it may be worth it. If it is long term and regular monthly/quarterly investments I personally wouldn't worry about it.
  6. Well, 100 basis points = 1%, therefore 20 basis points is 0.2% Make of that what you will. There is also ABSA's platform https://www.absastockbrokers.co.za/ but if I wasn't after a powerful platform and looking for long term investing Easy Equities' USD account works well enough.
  7. Any advice on the best trading platform to trade internationally? Could anybody please explain Standard Bank Webtrader's administration fee: An annual administration Fee ("Administration Fee") of 20 (twenty) basis points will be charged in respect of each and every trading account held with The Standard Bank of South Africa Limited under the Terms of Business ("Terms"). The administration Fee is calculated as follows: The daily closing value of the Client's open share positions [calculated as per close of the New York Stock Exchange] x 20bps x1/365. The Administration Fee is calculated daily and billed monthly in arrears.
  8. Hi everyone quick question. Would it be a bad idea to convert Rand to dollar to invest in the US markets now considering its around R18.20 to the dollar. assuming it goes back down to around R14/15 would it be a big loss on say R10 000? My reason to do it now is because of the price of some great blue chip stocks at the moment.
  9. share some useful apps that you like
  10. Rand crashes through R19/$ and is down more than 18% in the past month. SA was dealt another blow late on Friday when Fitch Ratings downgraded the country further into junk, just a week after Moody’s Investors Service stripped it of its last remaining investment grade. The rand extended its losses, crashing through R19/$. Fitch said it had cut SA one notch to BB from BB+ because the country lacked a “clear path towards” stabilising its debt position, a situation that would be worsened by the effect of the Covid-19 shock on economic growth and public finances. It maintained a negative outlook, meaning the next move is more likely to be further down the junk scale, because it saw “the prospect of further significant upside pressure on government debt and additional downside risks associated with the global shock”. The Fitch move came at the end of a difficult week for markets, with general volatility worsened by concern that SA’s credit-rating downgrade by Moody’s would lead to an exodus of funds, increasing government’s borrowing costs at a time when a shrinking economy will decimate its tax collection. While the Fitch move may be seen as less important than that of Moody’s, which put SA into junk with all three major companies and on course to fall out of key indices such as the FTSE World Government Bond Index, it reinforces negative sentiment towards an economy that slipped into recession even before the coronavirus outbreak. Like Moody’s, Fitch was pessimistic that the government would be able to renegotiate its three-year wage deal with public-sector unions, on which the numbers in the February budget were premised. The company also said that a new wage deal in 2021 was also “unlikely to result in the projected savings”. The rand weakened 2.84% to R19/$ at 6.27pm, down 7.28% for the week and 18.58% over the past month. Fitch said it expected the consolidated fiscal deficit to surge to 11.5% of GDP in 2020/21, which is more than the 8.5% predicted by Moody’s last week. Government debt, including that owed by municipalities, as proportion of GDP will jump to 80.2% in 2021/22, “well above the 2019 BB category median of 46.5%”. In his reaction, finance minister Tito Mboweni acknowledged that noninvestment grade ratings have undesirable implications for the whole economy. “To assure all South Africans, government is seized with addressing and minimising the impact of Covid-19, implementing measures to improve economic growth and setting government finances on a sustainable trajectory,” he said. Source: https://www.businesslive.co.za/
  11. Earlier
  12. I ****ing love Clear Access. 24/7 support and I can count on my one hand the amount of times we've had real issues.
  13. thanx hope it's gonna work for me
  14. Hossing

    intro

    hello I've just signed up
  15. Well, you've had 2 three years to kill off one of your debt burdens (SAA) and use that money to fix your electricity problem and also allow IPPs to feed back into the grid. But no, let's dick about. Well, there you have it. Retards.
  16. South Africa’s Moody’s reprieve is over. The rating agency, the last to rate the country investment grade, has cut South Africa’s sovereign credit rating to junk in line with economists’ forecast. This comes as the country’s recession deepened by the impact of COVID-19 frustrates its economic reform efforts and stifles its plans to reduce government debt. The action will result in South Africa’s expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers. Analysts have warned that the magnitude of this forced selling could be as high as $8 billion (R141 billion at R17.64 exchange rate). https://www.cnbcafrica.com/insights/sa-downgrade/2020/03/27/moodys-downgrades-sa-to-junk/
  17. The prime minister has mild symptoms and will self-isolate in Downing Street, but will continue to take charge of the government’s handling of the crisis. He posted a video on Friday morning on Twitter saying he has a temperature and a persistent cough. “I am working from home, I’m self isolating, and that’s entirely the right thing to do,” he said. “But be in no doubt that I can continue… to communicate with all my top team and lead the national fightback against coronavirus.” https://www.theguardian.com/world/2020/mar/27/uk-prime-minister-boris-johnson-tests-positive-for-coronavirus
  18. Trying to. Usually not a problem but usually I don't have electricity supply problems.
  19. Are you working from home?
  20. That's interesting! Tnx a lot for the useful info, I take loans in theguaranteedloans service quite often. It takes oly a few minutes to fill the form and get money. What could be better. These guys helped me a lot.
  21. morts

    Morts Intro

    I dont act on advice given freely. I am in this to make money. There are trolls and there are those willing to aid and give assistance. I am a quick study and fast learner. .... however one of the things I have learned is that I am jumping in too early. Maybe using charts can help me with this.
  22. Yeah, too late to sell now. If you're still in you've made your bet and best to ride it out. I do wish I paid more attention (the curse of passive investing) else I would've cashed out earlier and bought government bonds. By the time I woke up it was already inflated.
  23. Bandit

    Morts Intro

    How are your friends on the JSE treating you? Encouraging you to buy and taking all your money or telling you to stay out and let the whole thing burn first.
  24. Been watching the market and shares. I had Steinhoff and Sasol last week. Have sold them both as I have no idea where they are going. lost about R800 and put the balance 1500 into Dx10. It was my intention to trade Steinhoff buy low sell high. It was working until last Monday. Dx10 looks better than the rest. Difficult to determine when shares bottom out right now.
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