How to generate a R700,000 windfall starting with R10,000 using the oldest wealth trick in the world
This wealth secret is the most powerful force in finance. It’s the force behind almost every fortune. The brilliant financial writer of the Dow Theory Letters, Richard Russell, called it “The Royal Road to Riches.” And it’s been mathematically proven time and time again as the #1 ’how to get rich quick’ trick in the modern world.
Even Einstein joked that it is “the most powerful force in the universe.”
And in my brand new book, The Little Book of Big Income – 7 Filthy Secrets to Get Rich Quick, I’ll show you how to use it to turn R10,000 into more than R700,000.
But you must act fast…
My publisher is only allowing me to give away 300 hundred copies as a special launch offer,
Last week’s movers and shakers…
One to Buy
Short term Trade on the ALSI40 Future
The ALSI future has bounced a few times from the 48700-support level since last year August. We expect to see buyers continue to defend this level and a strong bounce materialise from here.
We could see an 8% bounce over the next few weeks if the market isn’t dealt any bigger blows. We are targeting the 200-day moving average (50747) on this trade and will re-assess once reached.
Long the ALSI at 49,200, stop-loss at 48599 and target 50,699
One to Sell
Mr Price bumping against too much resistance
Mr Price has had a good run since late October last year, with the share price rallying from the R170 level to above R290.
The share currently trades on a PE of 30.9 and its standard deviation is signalling over bought at 1.8 times the normal variance.
The share price appears to be pricing in all the good news for 2018 already and selling at these levels would bank decent gains on open positions and provide capital to enter at more realistic prices.
Traders can short a CFD or future on the share above R290 with a stop-loss at R301.50 and a target price of 272.75
Short term Ideas
Sibanye – Stillwater: Long at R11.50, target remains at R13.50
Long Term Ideas
Shoprite: Buy below R257.50 with a target of R285.
Anglo: Accumulate below R285
Sasol: Buy dips below R400
Aspen: Accumulate below R260.
Sygnia: Add below R12.50.
Santova: Buy below R3.00.
Merafe: Accumulate below R1.55. Special Dividend on the cards.
Jubilee: Bottoming out. Hold.
MTN: Buy Dips below R120.00 Ex-Dividend today
Glencore: Diversified Commodity exposure. Hold
Wescoal: Long term buy. Add below R1.80
Naspers: Increase exposure below R3,000.
Global Investment: Invest now to take advantage of the Rand’s strength. We offer offshore exposure with a minimum guaranteed return of 105% and upside participation in development markets.
Minimum Investment R500 000, tranches close monthly.