Overwhelmed with the number of blogs that are supposed to help you manage your money? We’ve culled the list for you. Combining visitor, search and social metrics with in-house expertise, Platinum Wealth identifies the most read, most discussed and most influential names in the South African personal finance blogosphere. Dividend Tycoon (View Blog) Ross currently […]
Dow 30 Futures – Finding method in the madness
It has been a tumultuous couple of months for the DOW. Starting from the beginning of 2018, the market has not seen such volatility in recent history. Looking at the chart below, there is a stark difference between the price action from a number of previous years and the price action starting in February 2018. There have […]
Cash is king: Why cash flow matters more than profits
Improving cash flow is a smart move for any business. It doesn’t matter how great your business model is, how profitable you are, or how many investors you have lined up. You won’t survive if you can’t manage your company’s cash. In fact, one study found that 82% of businesses fail due to poor cash […]
SARS’s stance on the tax treatment of cryptocurrencies
The South African Revenue Service (SARS) will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of their taxable income. The onus is on taxpayers to declare all cryptocurrency-related taxable income in the tax year in which it is received or accrued. […]
How to Build an Emergency Fund
An emergency fund should be set up before you start investing. Use a 32 Day Notice Account + Credit Card if possible. Do not use a TFSA for emergencies, ever. Share your emergency fund strategy with us here. What Exactly Is an Emergency Fund? An emergency fund is simply money you’ve set aside for unexpected […]
How to Invest: A Tutorial For Beginners
The only way to attain financial independence is by saving and investing for the long run. The goal is to put your money to work for you through a diversified collection of investment vehicles. Starting a successful investment journey and structuring a long-term plan requires that you should at least know the basics of investing so you […]
Budget 2018: VAT increase to 15%
The Minister of Finance announced the value-added tax (VAT) rate increase in his budget speech on 21 February 2018. The standard rate of VAT will change from 14% to 15% with effect from 1 April 2018. This means that from 1 April 2018, all taxable goods or services supplied by vendors, goods imported, as well […]
Capitec’s PEG
The badly researched report on Capitec by Viceroy has left the share trading at a significant discount. Following its immensely successful criticism of Steinhof, Viceroy’s report on Capitec was underwhelming, to say the least. Capitec’s CEO and many analysts have come out in strong support of the share – saying there is nothing wrong with […]
The Wall Street Correction
The correction which is taking place on Wall Street has now reached 10% – and it may go further. The JSE Overall index is down and will fall further to bring it into line with Wall Street. Other world markets are following suit. For the private investor, the key consideration is whether this is the […]
ALSI – Global stocks sell-of continues
Global stocks have taken a beating and the global stock sell-off does not seem to be stopping. Some analysts are talking about a 20% correction. In this video I analyse the ALSI and what has transpired over the last 2 weeks.