The stupidity and corruption of the Trump administration knows no bounds. Out of the litany of assaults on the great values and cultural institutions of the United States it is the “trade war” with China which warrants the most concern from an economics perspective. The open handed slap at Huawei, does nothing to aid in […]
Category: Opinion
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 […]
Cryptocurrency and the battle with the Banks
In light of the Indian Banks suspending various accounts of the lead traders in Bitcoin, we have to wonder where this going, who and what is next? India’s cryptocurrency market has been unregulated until the banks noticed an increasing number of substantial payments that they deemed suspicious. Tax authorities in India have sent notices to […]
Daily Analysis – Vodacom
Over the past couple months, Vodacom has seen its share of fundamental issues causing its share price to drop over 19% between the 5th September 2017 and the 4th October 2017. The first event happened on the 5th September when it was announced that Vodafone, Vodacom’s parent company, was to be selling a chunk of […]
Bitcoin: Is there a bubble?
Following the Ban on Bitcoin exchanges in China, Bitcoin saw a 39% drop against the USD between the 1st of this month and the 15th, from its all-time high of $5000 back to $3000. It then managed to regain 36% to take it back up to the $4000 level within 3 days. The question now remains where […]
Gold soars amidst North Korea Tension
On Tuesday, we saw a spike in precious metals as investors moved to safe haven assets in the wake of another missile test by North Korea. As an extension of that, we also saw heavy trading volume in JSE mining companies. The screener below shows a list of high volume traded JSE securities and as […]
Daily Analysis – Bitcoin Fundamentals
Today I embarked on a task to find some sort of correlation between Bitcoin and other financial assets. Before doing this we had to define which asset class Bitcoin belongs too. Bitcoin can be classified as a store of value asset. Store of value assets do not generate income, you cannot consume it and yet […]