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Platinum Wealth

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Everything posted by Platinum Wealth

  1. 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.
  2. Budget Tax Guide 2021.pdf2021-Full-Budget-Review.pdfBudget 2021 Estimates Of National Expenditure.pdf
  3. 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 sin
  4. 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?
  5. 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?
  6. Virgin Money South Africa announced that it has changed its name to Spot Money SA, adopting the name of its Virgin Money Spot app. The link to Spot Money is https://spotmoney.com/ This follows the Virgin Group’s divestment from its South African operations, including the Virgin Money credit card. Virgin Money South Africa launched its Spot mobile application in 2018. The app, which was developed in partnership with wiGroup, started by offering peer-to-peer money transfers and mobile payments. A few months after the app’s launch, Virgin Money
  7. Telkom will charge users of its new Telkom Pay wallet, which is built on top of WhatsApp, a flat fee of 2.5% for transactions and card top-ups.
  8. Her conclusion states: “It is my view that the fund should be liquidated or placed under administration as a matter of urgency. This is the only way that this hemorrhage of billions of rands of public funds can be stemmed and proper and valid settlement of plaintiffs’ claims undertaken in the public interest.” She has asked that the judgment be brought to the attention of the Minister of Transport, the head of the Road Accident Fund and the National Director of Public Prosecutions. Source: https://www.groundup.org.za/article/court-calls-road-accident-fund-be-liquidated-damni
  9. Pfizer says it is a significant step closer to providing people around the world with a much-needed breakthrough to help bring an end to the Covid-19 crisis. The first effective coronavirus vaccine can prevent more than 90% of people from getting Covid-19, a preliminary analysis shows. The developers - Pfizer and BioNTech - described it as a "great day for science and humanity". Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised. The companies plan to apply for emergency approval to use the vac
  10. Interesting time ahead, I wonder if ALTs will follow like 2017?
  11. I will attach all the Black Friday deals to this post, as they become available. Makro-Black-Friday-2020.pdf Incredible-Connection-Black-Friday-2020-Deals.pdf 14595_02_Nov_2020_BF_VERSION 6.pdf Hifi-corporation-black-friday.pdf Vodacom-black-friday-2020.pdf Game _ 28 Black Fridays Week 2 (11 November - 17 November 2020).pdf HiFi-corporation-week-2.pdf
  12. Government’s medium‐term policy priorities are economic recovery and fiscal consolidation. The social compact agreed to between government, business, labour and civil society prioritises short‐term measures to support the economy, alongside crucial structural economic reforms. The economy is expected to contract by 7.8 per cent in 2020, recovering to real GDP growth of 3.3 per cent in 2021. Economic growth is expected to average 2.1 per cent over the three‐year forecast period. Fiscal measures – primarily reductions to the wage bill – will narrow the budget
  13. [WATCH LIVE] Finance Minister #TitoMboweni is due to table the #MTBPS at 2pm - watch the livestream here. #MiniBudget #MTBPS2020
  14. I find myself more and more rather buying chunks of DCX10 than actual crypto. It's probably not ideal from a "fundamentalist" point of view, ie not your keys not your coins, but with that said, it just makes it so much easier to get a bit of exposure outside of Bitcoin alone without having to keep multiple systems up to date.
  15. If you have the Capitec app already, make sure you have the latest version. Visit the App Store or Play Store and give that Update button a tap. Once you have the latest version of the app, log in and navigate to where it says ‘Explore’, then select ‘Widgets’. You’ll then select EasyEquities and go through the process of either linking your existing EasyEquities account or creating a new one.
  16. I fell off the bandwagon a bit, buying a house. January 2021 I will be back for the finance challenge.
  17. Black Friday in South Africa will take place on Friday, 27 November 2020 When you come accross good Black Friday deals please post them here and I will keep a list in the OP with all the good deals and participating stores. Please post what items you are looking for then we can all look around for deals on the day. Personally I would like to buy a 55" to 65" Samsung TV and whatever MTN deal is good this year. The South African Companies participating in Black Friday 2020: Takealot: URL to be confirmed OneDayOnly: URL to be confirmed W
  18. When you switch your salary to your TymeBank account, you can earn as much as 8% interest a year from your GoalSave. Here’s how the interest rate grows: Time since you first added money to your GoalSave
  19. Motorists and taxpayers appear set to become the cash cow to enable the government to reduce its percentage of the funding of the multi-billion rand expansion of the Gautrain. Gautrain Management Agency (GMA) CEO William Dachs said on Monday: “We firmly believe the people in cars don’t pay their fair share in terms of the taxes that they pay and the failure of the e-tolls system has perpetuated that problem.” Dachs was commenting on the GMA’s engagement with National Treasury about the sources of funding for the Gautrain expansion project and the need to move people off
  20. The bank says the Live Better Academy offers practical tips and strategies to help people make smart financial decisions and achieve their goals. Capitec says the course series can be done on a smartphone, tablet or PC, and requires less than 200MB to complete. Each course is broken into 16 to 20 modules that take between five to 10 minutes to finish. Furthermore, Capitec says to keep the learning entertaining, the platform is gamified. “Users earn points and badges as they engage, complete courses and answer questions. A leader board ranks users according to their
  21. Starting to receive 3 to 4 calls from these guys a day. Does anyone know where I can report elite mobile to for breach of section 45 of the ECA and the POPI Act? I am honestly getting to the point where I want to take this further because the amount of spam calls and early morning wake up calls that I get from them is just too much. They don’t seem to be part of the ISPA. EDIT: They mention Vodacom whenever I talk to them, and they try and sell me Vodacom contracts, but I am not sure if they are actually part of Vodacom
  22. This was an interesting interview RE her position on Bitcoin and the crypto space in general, I wonder what the counter-argument would be? Flux Trends on Smart Cities, AI, Blockchain, Pascal's wager, Radical Economic Transformation and more. https://futurecitiesafrica.com/discussions/bronwyn-williams-trends-and-technologies-impacting-cities-business-and-people.php
  23. Total Expense Ratios (TERs) of all the ETFs listed on the JSE Measure the costs of operating the ETF portfolios, including the management fees and costs of the issuing company. All figures are annualised and normally require that the ETF has a 12-month history in order to calculate. TERs are calculated utilising a standard guideline for all unit trusts and ETFs. The TER is included in price of the ETF product and is not paid directly by the investor. This is as of (June 2020) ╔═════════════════════════════════════════════════════════════════════════════════════════╗ ║
  24. I'm still not mentally prepared for what's about to happen in the crypto markets the next 12-18 months. wallets and exchanges are more accessible stablecoins & leverage have 10x'd info sources are more reliable crypto networks have earnings macro narrative is nuts
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