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Platinum Wealth

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Everything posted by Platinum Wealth

  1. 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.
  2. I fell off the bandwagon a bit, buying a house. January 2021 I will be back for the finance challenge.
  3. 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
  4. 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
  5. 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
  6. 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
  7. 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
  8. 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
  9. 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) ╔═════════════════════════════════════════════════════════════════════════════════════════╗ ║
  10. 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
  11. BIG NEWS: #AfriForum & #GerrieNel have officially been appointed by the #Botswana government to represent them in a high-profile money-laundering & fraud case, in which businesswoman Bridgette Motsepe-Radebe (sister-in-law of @CyrilRamaphosa & wife of Jeff Radebe) is implicated. Motsepe-Radebe was identified as a cosignatory of at least 2 bank accounts holding some of the more than $10 billion allegedly stolen from the #Botswana government to finance a “coup” before the national election in this country.
  12. Seven men accused of defrauding VBS Mutual Bank have told the Palm Ridge Regional Court they are innocent, each pleading not guilty to the multiple charges they face. Four of the men were arrested during early morning raids on Wednesday, while three others handed themselves over to police later. An eighth accused is in quarantine due to Covid-19. Magistrate Brian Nemavhidi put his foot down on Thursday when he refused to hear the case until court orderlies ensured that the packed public gallery was cleared and physical distancing regulations, aimed at preventing th
  13. Discovery said on Monday its full-year profits could fall by up to 90%, hit by a R3.3 billion ($191 million) provision to cover the potential impact on claims and policy lapses due to the coronavirus. It also said it would not pay an annual dividend, with the payouts to be considered when appropriate, sending its shares down 5.5% before recouping some losses. The company said the hefty provision covered the potential impact on claims and anticipated policy lapses as stretched customers stop paying, while the outlook also covered the impact of long-term interest rates.
  14. The rationality of the government's regulations for the Level 4 lockdown was challenged in court on Monday due to the short time allowed for public participation. The controversial regulation continuing the ban on smoking, which was announced by Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma, is among those questioned. Dlamini-Zuma said the decision was reached after public consultation. Last month, Mpiyakhe Dlamini, Duwayne Esau, Tami Jackson, Lindo Khuzwayo, Mikhail Manuel, Neo Mkwane, Scott Roberts and Riaan Salie asked the Western Cap
  15. One Hong Kong businessman moved $10 million to Singapore and plans to transfer more. Another is eyeing London property, worried that prices in Hong Kong are too high. Well-to-do families across the city are opening offshore bank accounts and applying for alternative passports. While it doesn’t add up to an exodus just yet, Hong Kong’s rich are increasingly hedging their bets as the financial hub suffers its worst economic and political crises since at least 1997.Many high-net-worth investors are either reducing their Hong Kong exposure or taking steps to ensure they can withdraw assets
  16. Open an easyequities account and buy an ETF - that would be the safest way to invest your R500. You can read our e-book if you want to get some direction as to what to choose and how everything related to investing on the JSE works. E-book (How to invest - the beginner's guide) Download here: https://platinumwealth.co.za/forum/ebooks/ Important: Make sure you have an emergency fund first before you invest. https://platinumwealth.co.za/insights/finance/building-an-emergency-fund/
  17. I found this to be a very insightful interview with Sheldon Quarmby who is Founder and CEO of Interfile, the company behind solutions like uFiling and SARS eFiling. https://futurecitiesafrica.com/discussions/sheldon-quarmby-improving-service-delivery-to-citizens-and-digitising-cities-to-succeed-in-the-future.php
  18. As of Thursday afternoon, online shops in South Africa may sell anything other than booze and tobacco products. New regulations dropped the limits imposed on physical stores – which may still sell only approved items – entirely. But e-tailers have to implement new measures to stop the spread of the coronavirus, and they must promote local goods. As of Thursday South African online stores may sell any product other than booze and cigarettes under Alert Level 4. According to new regulations published on Thursday afternoon, e-commerce sites are no longer limited
  19. Gold's Gym filed for Chapter 11 bankruptcy protection on Monday, becoming the latest business to pursue restructuring amid coronavirus-related business disruptions. "We want to be 100 percent clear that Gold's Gym is not going out of business," President and CEO Adam Zeitsiff said in a press release. "The brand is strong, and we'll continue to innovate and grow our digital business, our licensing program and our global footprint as we focus on serving our millions of members across the world." The company referred to difficulties brought on by the coronavirus pandemic a
  20. True, these days one can buy it directly on Luno or Ice3x, I see even Binance is now available in South Africa.
  21. Cyril Ramaphosa to address SA at 8.30pm about Covid-19 relief measures That follows a cabinet meeting held on Monday and deliberations with the national coronavirus command council and other bodies. President Cyril Ramaphosa will address the nation at 8.30pm on Tuesday evening on additional economic and social relief measures that form part of the national response to the Covid-19 pandemic. This follows a cabinet meeting held on Monday and deliberations with the national coronavirus command council, the president’s co-ordinating council, and the national economi
  22. A gunman disguised as a policeman killed at least 18 people, including a female Royal Canadian Mounted Police (RCMP) officer, in the worst mass shooting in Canada's modern history. The 12-hour rampage started late on Saturday and ended with a car chase. Police said the suspect shot people at different locations in Nova Scotia, many of them randomly. He was killed in a confrontation with police. He was reported to have been driving what looked like a police car. Canadian Prime Minister Justin Trudeau described the attack as "a tragedy". "Viol
  23. US oil prices plunged, falling below $0 Monday to $-37.63 a barrel. That's the lowest level since NYMEX opened oil futures trading in 1983. The selloff can be attributed in part to market mechanics. The May futures contract for West Texas Intermediate, the US benchmark, is about to expire. Most investors are already focusing on the June contract, thinning out trading volume and feeding volatility, UBS analyst Giovanni Staunovo said. The June futures contract for WTI is trading around $22 per barrel, but that's still sharply lower on the day. Brent crude futures, the
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