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Investing in physical gold is always a good idea. It should always form part of your investment portfolio. But, Gold should be a long term investment. Do not buy and sell to make a quick profit. One can never predict the gold price in 5 or 10 years, but it has always shown great growth over the long term. Whenever, or wherever I can snatch up a 1/10th, 1/4, 1/2 or even full ounce at a good price, I do so.

Try changehero, it is decent.

Any views on the prospects of PPC, EOH and Murray & Roberts shares and estimated valuation after 52 weeks?

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?

Anyone tried ArbitrageRetirement.com seems like a no brainer as each trade brings in a profit and they are simultaneously buying and selling bitcoin for a profit on each trade. I'd do it myself but it seems like you need considerable big amounts or fiat and crypto to make successful trades.

Today the bitcoin market cap breached $1 Trillion at a price of just over $54k. This has been a fun ride so far, with plenty more drama to come I am sure....with just under 350% increase in $ value over the last 6 months. There seems to be growing FOMO in the air, and more institutional buyers are coming onto the scene. The retail market of us normal guys is getting flooded by big guys with deep pockets. Grayscale Bitcoin Trust bought 150% more bitcoin in January than was even produced by miners, and billion dollar purchases by Tesla, Microstrategy etc. is draining the market of bitcoin fast. For now, the trend is still up up up....and we are more than 10X increase in value since this thread started. Happy days!

Never heard of it. For a high frequency trading bot I have setup Hummingbot which is created by traders for traders, and is open source and created with python. You can run it on your PC, or what I did was setup an instance on Amazon that can stay on 24/7 and trade. Hummingbot can connect via API to all the big exchanges, and I also have it setup to connect to ice3 locally. You can do Pure Market Making, Cross Exchange Market Making, Arbitrage etc. all the usual stuff. There is a bunch of great youtube videos by the guys who made it where they show you how to use its features. Check it out here: https://hummingbot.io/

Anybody using it or know about it? I've setup two rules to make small trades and it seems to be working on their demo exchange. Thinking of linking Binance to it but not quite there yet. Also, if you were to run a trading bot would you use BRC or Tether or something else as the main wallet?

Am do not know enough about crytpo as it stands but I am interested in getting my skin into the game. As we know the best way to do that is to put some money on it. What are some good Crypto ETFs ? By the way, I am almost just starting out and find comfort in ETFs, If anyone would like to talk in or out of anything or leave any other advice, feel free.

The JSE doesn't exactly have the best of liquidity in the micro small cap sector, so that would be my reason for not buying NUT, will I be able to sell?

Checking in again...the last 6 months have seen the bitcoin price heating up as predicted if the Stock-To-Flow prediction is anything to go buy. Bitcoin recently reached a new all time high of around $42k, and is looking like it might go higher... Stock to flow prediction: If the S2F prediction is anything to go by, the price could hit around $100k by the year 2022. Check a real time chart and other interesting charts at: https://digitalik.net/btc/ At the moment there seems to be a massive surge of institutional investors who are flooding into bitcoin, and adding it to their company treasuries. I cant actually keep up with all the institutional news about bitcoin so here is a table showing some company reports of bitcoin owned: Check the chart directly here: https://bitcointreasuries.org/ So we have now officially done 10X in terms of price increase since the start of this thread, when bitcoin was $4098, with the current price around $40k. Not bad...

Thanks for the advise

Simon Brown always says that before you buy any stock, you should clearly be able to give three reasons why you want to buy the stock, and be prepared to stay in the trade for as long as those conditions are valid. If you can give three compelling reasons, and there are no cautionary announcements on the stock, sure, go ahead and buy the stock. However, with any penny stock, it wouldn't be prudent to buy than 10% of your shares portfolio. Otherwise it's no different to gambling.

Nutrional Holdings is a Penny Share and has performed poorly over the past few years, but is now making a profit and on the acquisition trail Is it worthwhile buying shares now and holding on for 3-5 years as it looks like there has been a turnaround and new board of Directors ?

Hi everyone - I'm looking for a way to open a custodial account (or a similar vehicle) through which my minor child can trade offshore shares. Specifically on the Nasdaq. Any advice or pointers on where I could find such a service would be appreciated. Thanks in advance. Willem

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.

It's that time of year again - albeit a very unusual year! So my personal top five stock pics for next year are as follows (in order): #1) DGH (Distell) - This one's share price has been hammered by the lockdowns and stocks are dirt cheap. But drinking never stops and eventually, sales and profits always return. This company is also huge and very resilient. If I had to choose just one stock for the coming year, it would be this one. #2) APN (Aspen) - With an agreement to produce a COVID vaccine, the exposure to this company should be massive once they begin production. #3) PPC (PPC Cement) - This one is tricky, because they have a significant debt problem to solve. If they fix their debt problem, they could be at R6.00 by the end of 2021. If they don't, they could be at 60c. But this year has been fantastic for the company. They have increased profits and reduced debt considerably. If they keep it up, good things are in store for this company. #4) DCP (Dischem) - Dis-Chem has launched it's new innovative Clinic Connect - a nurse-led healthcare system where nurses take your vitals and symptoms etc., and can video-chat a Doctor for a script should one be required, with clinic visits being substantially cheaper than Doctor visits, and you can still get a prescription. If this takes off, this could do wonders for the group. #5) SSS (Store-Age) - Largely unaffected by COVID, because people who rent storage keep renting the storage, even during tough times. With a dividend yield at over 8% and good financials, this one is bread and butter, even through terrible times. Other notable mentions: CML - Coronation L4L - Long4Life CPI - Capitec DSY - Discovery SRE - Sirius