south africa

I am in a position to comfortably invest 27.5% of my income to an RA in 10X which ( 5% is mandatory by my company), there is no match.However, I am going financially strong and I believe that I should be able to retire by age 45-50. My concern is, I just feel like only being able to get 1/3rd...

Hi all, I have asked a simular question in the past, but like from Friday until now, the Satrix S&P500 lost 4.5% value, I get its different and there are multiple factors, but surely if the actual S&P500 goes up by 1% the Satrix one should not fall by 4.5%, that's a massive 5.5% difference...

Hey guys, so today I’ve seen 2 posts here about E-bucks, and I’m wondering if it’s really worth it? I currently bank with Nedbank, which has greenbacks but it’s not so good. So in E-bucks really worth it? And is it hard to level up ? Thanks Edit thanks for all the replies , I’m going to...

I'm in the process of financing a home, went to as many banks as possible for the best rate. The best so far is prime -0.8. I don't think its bad, but it can be better. What is the best rate I can realistically get. Bond is for R2.5m

Check my maths please :) The R186 has a face value of R1, a coupon rate of 10.5% p.a and a maturity of 21/12/26. This means that for an investment of R100 I would stand to make R10.5 p.a if the investment is compounded annually? Though payouts are semi-annual, I don't know if the investment...

Hi all, I’m looking at buying a 2015 Opel Adam 1.0T from my friend for R80 000, the insurers are valuing it at around R150 000. I’m 24M and getting quotes of around R950 per month with an excess of R6500+-. At almost R1000 a month on insurance after 6 years i would’ve almost re bought the car...

Hi, all!! 27F humbly asking for help and recommendations on where and how to save some money. I’m a complete novice and I’m trying to be more savvy with my finances and budgets, etc. I’m looking for something like YouTube channels, articles, applications that can teach me the basics of saving...

Hi PersonalFinanceZA. Is it just me or are house prices absolutely ridiculous in George and surrounding areas. It’s seems like all the semigrationists have made house prices skyrocket. I don’t earn a bad salary 500k pm, and yet I can’t afford to buy a house. Which brings me to my next question...

Hi All, Does anyone know if the 10x retirement calculator has some terms and conditions? I cant find anything listed and expect that the calculation is done expecting an increase in contributions of 5-7% yearly? From the calculator however it looks like if I contribute the same R3500 pm till...

Hey guys! 30 something couple here seriously looking for advice. My fiance and I are looking to buy property. We currently rent at a ridiculously good price but we've been staying here for more than 8 years and the place is getting a bit small for us now. My fiancé's dad bought him a...

Hi all. I just need help differentiating between these two. Satrix S&P500 and others from sygnia, 10x, 1nvest 1nvest S&P500 info tech Like what is the difference between the ones in number one and two. Is it the same index? Would you add any in number one and number two in the same portfolio?

Hi allI have about 610k in savings.I just maxed out my TFSA with 36k (went with Satrix S&P500 ETF)I will do another 36k next month for the next tax year.I also just bought Satrix S&P500 and Satrix S&P500 Tech stocks for 10k total. I still have a lot in my savings and my 3-6 months of expenses...

Hi guys, I'm looking to diversify my stock holdings and want to know what sites people use to get insights e.g. sharenet, moneyweb. Basically looking for buy, hold, sell recommendations with reasons - can be a paid sub website.

I posted a yearly update at the end of 2022 on our journey to F.I.R.E. in South Africa. I was going through some stuff today and thought I might as well do this quarterly for whoever enjoys reading these types of posts. See orignal post for context but shortly: Age 26 Nett worth start 2023...

Just giving a Q2 2023 update on my original post. Please note that I do realise I'm in a high income household, thus this isn't possible for most people my age. I'm hoping to inspire others to persue F.I.R.E. and also share their journeys, whether it's a 5 year or 40 year plan. Okay, let's get...

I have been doing some research, Reading quite a lot of historical post here, since my first post regarding this ETF and investing on EE. I Read a lot of articles, about diversification is key, or the bogglehead lazy 3 fund plan. ( Top US, Total world and bonds) I don't have my final answer to...

Hi, hope y'all are good. I'm kinda in a pickle here been saving up for retirement and all is within fruition. Problem is the possible choices I have a rather dim to say the least. So, I was given the following options considering the economy is quite terrible at the moment heading to a...

I would appreciate some input please, on this situation. Bought a property in 2016 for R1,700 000 in Pretoria East, 3 bedroom free standing house in complex in a boomed suburb. Put down a R600 000 deposit thinking this was it. It wasn't. A year later moved to Joburg, bought another house...

I have over 1 million rand in savings, what would be the best long term investment option. I have looked at bonds and the S&P 500. I would like to have interest be above 5-9% a year. What would be the best approach, I’m not expecting a lot My risk tolerance is quite high Any ideas?

Good Day People, Quick question. I've(m) been renting a flat with a friend(m) of mine for about 1.5 years. This morning we found out that my friend's partner(f) had landed a job close by. The plan is for her to move in with us. We've asked our agent if there'd be any issue with such an...