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Spreadsheet Ranger

Platinum Wealth Club Member
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Everything posted by Spreadsheet Ranger

  1. Spreadsheet Ranger

    Grand Parade Investments (GPL)

    No matter how they spin voting tonight (& they will try) #GPL Grand Parade Investments given fat snotkop from eligible voting shareholders 2 new non-execs voted IN 1 current non-exec voted OUT & voting was CLOSE. 47/48% voted against the board in key resolutions #wakeupcall From smalltalkdaily
  2. Spreadsheet Ranger

    Grand Parade Investments (GPL)

    Wow #GPL Grand Parade Investments voting for removal of non-exec directors & replacement from ‘activists’ is VERY close No matter how #GPL spin this this is not good news 3 non-exec’s got @51/52% FOR balance against : VERY tight One director (Rasheed Hargey) removed (61%)
  3. Spreadsheet Ranger

    Stock Watch Thread

    If you want to discuss individual stocks or ETFs then this will be the thread to do it. Anything related to the stock market really.
  4. Spreadsheet Ranger

    Who has RSA Retail Savings Bonds?

    In the spirit of diversification, I am contemplating if I should put some money into an RSA retail savings bond? I have R20 000 which I want to invest for the short term (14 - 24 months) I don't think I will easily be able to match 5 - 7% growth in EasyEquities with share picking and I don't feel like putting this into an ETF either. I would preferably want the interest earned to be re-invested into the account. Any ideas where best to put this money, it's far too tempting to keep it in my Capitec Account (too easy to access for stupid stuff like Sushi.)
  5. Spreadsheet Ranger

    Last seen movie and rating

    As described in the title... What is the last movie you saw and what rating would you give it?
  6. Spreadsheet Ranger

    Last seen movie and rating

    City of Ember 7/10 It was a great movie, but I feel they could have done so much more with the story. In fact, City of Ember would have made a stunning series imo.
  7. Spreadsheet Ranger

    Last seen movie and rating

    The Ballad of Buster Scruggs 1/10 Probably the worst movie I have ever watched. Two hours I will never get back. Funny thing is I used to think there will be no movie worst than The Killing of a Sacred Deer, but this movie took the spot.
  8. Spreadsheet Ranger

    How to get a Capitec credit card

    After I made this thread about how to get a Game credit card I went and did some research to find out what is actually the most efficient way to build up a credit record. Turns out getting a credit card is the better option so I will probably cancel the game store credit card at some stage as it doesn’t offer any benefits other than adds to my credit profile, in which case I’ll just use a credit card. I went to Capitec in Tygervalley was assigned to a guy called Keenan, extremely friendly and I was surprised by his in-depth knowledge. I am not really used to working with competent people when it comes to banking so in this case I was very impressed and felt that I am in good hands. I had to provide my latest salary slip and my ID document. Since my salary gets paid into my Capitec account I did not have to provide bank statements. He advised me from the start of the pitfalls about credit cards and I could see he wanted to make 100% sure that I understand what I am about to get myself into, which I thought was brilliant considering the damage I have seen debt does to people, especially in South Africa where the majority of the population can barely afford to live. I explained to him that I just want the most cost-effective way to build a credit record as I am planning on buying a house in the near future and know in order to secure a bond with good interest rates I will need to have a credit record. Goes without saying, I do not have much of a credit record currently other than a Telkom line and the property I and @Padjakkals bought together on here (Our thread about the property). He said he understood what I want to achieve and then proceeded to walk me through the different credit options that Capitec offers, we discussed personal loans and we also discussed Capitec’s emergency credit facility, but it was then pointed out the ideal way for me given the information he got from me and what my intent was is that I should consider going with the Capitec credit card and configure it to use the straight facility instead of budget. The difference between budget and straight as I understand it is that on budget you can pay off your debt over a longer period of 48 or 60 months, with that comes higher interest fees I think. The straight option means you need to pay the amount in full on the next payment date, but it is interest-free. In my case, I will be using my credit card for day to day swipes in order to build my credit record. So remember essentials such as food or other necessities should be put through on straight as it is pointless in my opinion to pay for essentials over a period of 6 months or more. So to make it overly simplified, on straight, you can buy on credit and it is interest-free, but you must settle the debt on the card in the following month. In my case, Capitec wants their money on the 26th of each month so it is my responsibility to make sure that money is in my account. To simplify it even further, it’s always better to charge an item straight, using the budget facility is the bank's way of screwing you. The Capitec credit card costs R35 a month so I am thinking of canceling my Game credit card since that one is costing me R55 per month and not offering me anything beneficial that the Capitec credit card cannot do. I do have one question for Capitec that I forgot to ask them when I received my card, on the Capitec website it states “Earn the highest interest on a positive balance – from 5.35% per year.” Now my question is, a positive balance where? When I open my app I can see my savings account which I always had, are they speaking about that account or do I need to deposit my money elsewhere in order to get that higher interest?
  9. Spreadsheet Ranger

    How to get a Capitec credit card

    Capitec: Mr (my surname) , based on your credit profile, we've reduced your credit card interest from 20.75% to 20.15%. So that's a plus, I didn't know they will change the interest on the fly based on your credit rating.
  10. President Cyril Ramaphosa is to announce changes to the cabinet at 3pm. Two ministerial posts need filling in Environmental Affairs and in Home Affairs.
  11. Spreadsheet Ranger

    WATCH LIVE | President Cyril Ramaphosa announces cabinet reshuffle

    #CabinetReshuffle Appointments : Home Affairs=Cwele . Environmental= Mokonyane
  12. Spreadsheet Ranger

    Blue Label Telecoms

    Do any of you own Blue Label shares? What do you guys think about the future of Airtime? I owned some, but I then sold them for a profit, but back then I bought Blue Label purely based on a recommendation from a friend, but this time round I am looking more and more into the tech space in South Africa and thought since we have threat for Adapt IT, I might as well add one for Blue label.
  13. Spreadsheet Ranger

    Stock Watch Thread

    Do any of you own Stor-Age Property (JSE: SSS) shares?
  14. Spreadsheet Ranger

    After Hours Banter

    Where is @Purply
  15. Spreadsheet Ranger

    Black Friday 2018: The best deals in South Africa

    Ster Kinekor Black Friday 2018 Deal Movie + Small Soda/Slush & Popcorn Only R60 https://www.sterkinekor.com/promotion/1831
  16. Medical aid increases well above inflation will hit members of medical schemes again 2019. According to data published by the financial advisory group GTC, the average increase across medical aid schemes over the last decade has hit as high as 6.4 percentage points above inflation. While the average contribution increases announced by some of the bigger open medical schemes for next year is in the region of 10%, the good news for Genesis’ members, on the other hand, is that their increase will average only 5.5% - almost half of what members of other medical schemes may have to fork out. Not all the open medical schemes have announced their 2019 average contribution increases, but from data available, have a look at what the average contribution increases will be for 2019, as well as what it was for 2018, for those schemes that have published their increases. Medical scheme average increases from 2018 to 2019
  17. Spreadsheet Ranger

    Black Friday 2018: The best deals in South Africa

    Pick 'n Pay Black Friday 2018 deals pick-n-pay-black-friday-2018.pdf
  18. Spreadsheet Ranger

    What are you listening to right now?

    Hi everyone, Just post what you're listening to right now! It's simple, don't even worry about it. (you can either post a link to the song or just the name and artist.) I'll go first. [video=youtube]
  19. Spreadsheet Ranger

    What are you listening to right now?

  20. Spreadsheet Ranger

    Black Friday 2018: The best deals in South Africa

    Dion Wired Black Friday 2018 deals, pdf attached. dion-wired-black-friday-2018.pdf
  21. Spreadsheet Ranger

    Stock Watch Thread

    EasyEquites has been without a valid SSL certificate now for almost 40 minutes...
  22. Spreadsheet Ranger

    Discovery Bank Account

    Discovery has launched a bank! #Discoverybank - available to the public March 2019. What is interesting is that black bank depositors will own up to 10% of the bank collectively. It's to help previously disadvantaged individuals get in early on a South African bank.
  23. Spreadsheet Ranger

    Thoughts on Bank Zero

    Is there space for another bank in the South African landscape? I am a Capitec user and for me banking costs in the most important factor, so personally if Bank Zero is cheaper than Capitec I'll switch.
  24. Spreadsheet Ranger

    Discovery Bank Account

    I like what they are trying to create here, it really feels like they want to encourage people to save money and not spent money (eBucks encourages spending and debt). I base this off the following article: https://www.businessinsider.co.za/discovery-bank-launch-promises-first-behavioural-bank-2018-11 if that is the case then I might just support this bank to the fullest.
  25. Spreadsheet Ranger

    Discovery Bank Account

    Maybe @SimonPB will know more.
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