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Morgan Motsepe

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Everything posted by Morgan Motsepe

  1. From a Recession Perspective - Establishing Currency Safe Havens in anticipation of a global recession.
  2. You can't go wrong with Gold. "Gold is God's Money". I had bitcoin but sold it all last year. You don't need to open an account in the USA to own US Dollars. You can go to any of our South African Banks and open a Foreign Currency Account ( except Capitec Bank ). Check out this link: https://www.fnb.co.za/forex/non-resident/foreign-currency-accounts.html
  3. Do we still prefer the US Dollar, the Japanese Yen and the Swiss Franc as safe havens for the upcoming Global Recession, as we did in the Global Financial Crisis?
  4. I think we need to check how they have been performing since their downfall ( financially and corporately). Personally, I feel that they have done a great done at turning African Bank around. I'm strongly considering putting some money with them.
  5. Don't you think we should capitalise on these high rates while African bank is still offering such rates?
  6. I just went through the interest rates offered by African Bank and Bidvest. I must say I was not expecting such rates from these two banks. African Bank African bank.pdf Bidvest Bidvest.pdf
  7. OK, Thank's a lot for clarifying the whole matter. Now I know my options, great!
  8. Good Day to All, I'm planning on opening a savings account but before I do that I would like to know which bank offers the best savings account with the best interest rate.
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