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The very next SMS you receive could make you R1,914!
550 people ALREADY have my number in their address book - and since I started SMSing them, they've made thousands in profit in the last few weeks alone.
Now it's YOUR turn to see how much you could make!
Best of all, you don't need ANY previous experience, hard work or special equipment aside from a stick-standard cell phone.
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The best move you can make with your money before 31 December 2019
First, you need to get those funds out of the country.
Now you can do this in two ways:
You can use your bank to send the funds across the border. But I wouldn’t advise it.
The big banks are renowned for their high currency conversion fees and can set your savings back between 2% and 4% before your funds even leave the country.
That’s why I prefer to use a treasury agent. They tend to be more transparent with their fees and their rates can be up to 75% cheaper than the banks.
Rand Swiss, for example, is a South African Reserve Bank approved treasury agent.
We can assist you with moving funds to over 65 countries in more than 25 currencies. So, if you’re in the market for a treasury agent, give us a shout.
Just make sure you do this BEFORE the end of 2019 and your Single Discretionary Allowance (SDA) lapses.
And since your SDA allows you to send R1 million offshore each year, if you send R1 million now, it means you can send another R1 million offshore come January.
And don’t worry if you’ve already used up your SDA for the year. Rand Swiss can also help you secure a SARS clearance absolutely FREE.
So, now you’ve decided to go offshore, the next question is where do you send the funds?
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Is this the secret to becoming a stock market millionaire?
You don’t get taught it at school.
And you’ll hear shockingly little about it in the press, or on the evening news.
But right now, a tried and tested wealth building secret is helping make investors a fortune.
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Where to park funds offshore for maximum flexibility and return
This time you have a few options.
The easy option is to send it to an offshore bank account. Doing this means you’ll earn interest and if the rand continues to weaken against other major currencies, this will add extra growth to your bottom line in rand terms.
A bank account gives you a lot of flexibility when making international payments.
But if you’re a South African resident and only hold a South African passport setting up international accounts can be quite tricky.
There are excellent Isle of Mann based products from Standard Bank. A particularly useful account for global citizens is the Optimum account.
But, if it were my money, I’d rather invest it.
Even though inflation is much lower overseas the interest rates on bank deposits are nothing to get excited about. And, when the world is your oyster, why settle for a cash return anyway.
International investment markets are around 200 times the size of the SA universe.
By opening an offshore stockbroking account, you can get access to all major stock exchanges around the world such as the NYSE, NASDAQ, LSE, HKSE and many more.
Not only can you select from an enormous universe of ETFs and stocks, you can buy corporate and government bonds from around the world.
Now a huge variety of choice often leaves people frozen with indecision. If you’re struggling to find direction in overseas markets, you could look at working with a specialist offshore advisor.
Of course if you’d like to work with me directly, feel free to drop me a line on
support@randswiss.com and I’ll help you get offshore. And remember, if you’re uncomfortable with managing your own money use and investment professional!
Christo Krog,
Rand Swiss, Wealth Manager