Even a small investment at the start of a child’s life can turn into life changing money by the time they retire. And by storing that investment in a Tax-Free Savings Account, or TFSA, you can avoid taxes on all the growth. To illustrate the power of this simple tax-free strategy let’s look at a couple scenarios.Read More
Category: Money Morning
Perhaps you’re saving up some money for a holiday.Or a deposit on a car or house…Maybe it is just some savings for your ‘rainy day’ or emergency account…Whatever it is, we all have savings accounts.Here’s the thing though – if you save correctly you could stand to DOUBLE thereturns on your savings!Let me explain… The ETFs that are better than your savings accountRead More
Like many other commodities, Iron Ore started 2023 on a high note.From January to mid-March, it rallied over 23% higher.From there, the Iron Ore (and other commodities) price started to turn…and head in the other direction.But surprisingly the direction changed after it dipped below $100 in late May.Since then, it has soared over 35%! So why the about turn for Iron ore when many other commodities have not followed suit?Read More
One year ago, I told Red Hot Penny Shares investors to grab shares in Bell Equipment.I told investors that: “Bell Equipment released results for the year ended 30 June 2023 and the company had a smashing year!Revenue soared from R4.2 billion to R6 billion, with profit for the period jumping from R210 million to R348 million.”So what’s going on with the company – and where is it headed from here?Read More
In 2022 South Africa’s automotive industry saw a 14% improvement in new car sales.At the same time – sales were still around 50% lower than the 2013 highs…But this recovery trend has suddenly stalled.Interest rates are taking their toll, and consumers are in distress.So – are car sales on the upward or downward trend? And what do they spellfor the two car retailers on the JSE?Read More
In May this year gold shot through the $2,000 level to $2,051. But shortly after the price cratered and by 5 October it hit $1820.Since then, the gold price has jumped again.In fact, gold is at its highest point in the past three months right now. It is up 8.5% currently circling $1,997…Read More
South Africa’s five largest banking companies are worth more than R1.1 trillion!It’s safe to say this is one of the most important sectors in the country’s economy.But how do these five banking stocks compare – and what do the numbers tell investors about them today?Read More
South African banking stocks compared by ROE
In recent weeks there’s been a lot of debate in financial media about banking and whether they show opportunity or not.
So, let’s look at the SA banking sector as an example, and how these stocks rank by ROE, and what it can tell us about these companies…Read More
by Joshua Benton - Analyst, Real Wealth and Managing Editor, South African Investor | Oct 13, 2023 | Money Morning, Feed, Tech stocks | 0 |
Nuclear is making a comeback as not only one of the cleanest forms of energy
but also one of the most efficient.
Microsoft thinks nuclear reactors are the solution to power its data centres and AI ambitions.
Recent reports revealed that Microsoft plan to use small modular nuclear reactors (SMRs) to power their AI data centres.Read More
The price of WTI oil is up from around $80 in August to $91.54, similarly brent crude oil is up from $84 to $95 last week.These sudden increases in the oil price are not great news for inflation in the short term…Energy and fuel are some of the greatest components of our inflation basket.If fuel prices rise, so do transport costs, food production costs, fertilizer costs…And when inflation rises – so do interest rates. But why are oil prices rising?Read More
by Joshua Benton - Analyst, Real Wealth and Managing Editor, South African Investor | Oct 8, 2023 | Money Morning, Tech stocks | 0 |
Sentiment toward nuclear power has rapidly changed…
If the world desperately wants to reach its climate goals, we will need nuclear power. But you can’t have cheap nuclear power without uranium…Read More
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