Bandit

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?

Investing it still. But it made no sense to continue with it. Next year again

Interest rates in the interest bearing are so low that it wasn't worth it for me. Market crash killed it for the investment version of it. Just a kark year

Wife is still going strong, but it's getting difficult now as we are approaching the end of the year The low interest rate killed it for me, sorry

Ja nee what a load of bull. Fuel tax, emissions tax, annual road tax but most importantly - FUEL TAX. You get that they want to build a "first world country" but to do that you need a tax base that can support it and for that to happen you need to give people jobs so that they 1) contribute to tax and 2) not rely on grants. Before you can do any of these projects that require tax money - get people to work. Attract foreign investors, give them tax breaks or some sort of incentive to setup shop here and employ South Africans.

Knowing what I know now I would do it again. Make no mistake, it could've ended badly but for some reason I had very little doubt that it will work out in my favour. Still scary. 1. Cashing out pension Still happy I did it. We have plans to cash out my wife's as well. We are planning to move offshore for a bit (permanently?) but even if we didn't I have do not have enough faith in our government and Reg 28 to provide us with a retirement. Retirement is still 30 years away though. I'd rather sort it out myself. I would never suggest to anybody to cash out their pension (it could be the worst mistake you ever make) but personally I have no love for reg 28. 2. Panic selling This wasn't panic selling. I saw an opportunity and took a calculated risk. All the money was reinvested. Yes I took the opportunity to rebalance but I invested in the same "philosophy" - not in SA. Panic selling implies that one has no plan and making rash decisions. *I bought back in over a couple of days but that's the rough idea. When I bought back in I thought we hit bottom already, but obviously not. 3. RA So I moved my RA to Allan Gray in 2018. As a result the fund is split in two exact same funds - one that just sits there and one for new deposits. This is the lump sum with no additional deposits' performance: Since inception: -0.49% 4. Not adding anymore to RA I've stopped all deposits to my RA btw. Investing that money into my own investments. My new portfolio is up 6.59% over the last 6 months which is not spectacular but the investments are diverse and not bound to reg28 constraints.

Yeah. Don't get why they are changing the name at all. It still has the ASH prefix and the name has a lot of material (podcasts, posts, articles etc) connected to it

Great... changing the ticker code...

If it was profitable then yes, sell off and "reinvent" or keep the ones that you do not like/are duplicated and stop contributing to them. It helps if you theme your portfolio meaning: 80% offshore, 10% local, 10% property... or in your case 80% (50% developed markets, 20% emerging markets, 10% tech stocks), 10% local, 10% property. Get the "theme" right so you know what you want to do and then use the appropriate ETFs to do so.

He's probably right but who cares - it's making me money

So let's see: TFSA +28% ETF5IT (42%) ASHGEQ (55%) STXEMG (3%) The growth here was helped by timing the crash and dip earlier this year and time. Portfolio #1 +8% SYGWD (27%) SYG4IR (42%) STXCHN (31%) Portfolio was started after the crash, so gains are partly due to the recovery (maybe?) and the recent growth we've seen over the last week. Portfolio #2 +77% ETFRHO (95%) DCX10 (5%) Ah yes, portfolio 2. Otherwise known as my **** around portfolio. Growth is largely from past performance of ETFRHO and it's been stuck in the +70 range for a while. I reckon the party is over but scared of capital gains.

So I'm decommissioning the offtopic.co.za site because I enjoy writing blogging software more than I do writing actual blog posts. BUT, I use that calculator a lot so if anybody is interested, I moved (and updated, read, mobile friendly) it over here: https://andrev.me/growth-calculator/ On a side note, if anybody wants a domain called offtopic.co.za let me know - cheap cheap

So far so good

Yes. FNB to Investec for a -0.5% lower rate. It's a slow process because of COVID and the deeds office shutting down every other day. Both banks have been ready to do the transfer for a while now. So, long story short: - some (all?) banks like FNB require you to give them advanced notice that you intend to settle the loan (3 months I think), so that's step one. - costs: It will be a repeat of the bond reg costs unless the attorney does it at a discount (so on a R1.5mil loan it's about R25-30k). These costs can be loaded onto the loan if you wish. - there is a cancellation fee at the current bank which is in the region of R5,000. For a better interest rate and/or bank and over long enough time it is worth it.

What is your business selling/doing?