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@lectureyou Yes she is being scammed. Consider all money lost and tell her not to put in anything more.

@goodgodfather I am not sure about the business account. But you should not use a savings account for transacting. Unless things have changed recently, saving accounts have higher transactional fees. Use a current account for day to day.

@siriusp23 Their calculator has been dumbed down like a year or two ago. I don't know why. It used to take into account inflation, and you living on 70% of your current earnings.. It probably still does, but there is no info on what is included/excluded any more.

@kabriana How about becoming a locksmith or a plumber? There has to be some demand for tradeswomen? I can imagine some women would prefer a female locksmith to come to their rescue. And also look into seeing someone to help with your mental health.

@apostolic1 SA Retail Bonds

@mimi_oftwo So for RA's look into doing it yourself by using a platform like 10x, Prescient, Sygnia. This is to reduce your fees. Financial Advisors eat up your investment returns in fees. Especially if its in-house and not independent financial advisors. Personally we have 2 RA's one with...

@vancouverguy For its true purpose, money laundering.

@reekypear I still have not received any formal communication about this fee. I just know about it through social media.