Here's something quite interesting…
According to Statista, out of the 400,000 crypto-investors across 46 countries it surveyed, South Africa came in fifth place, as 16% of the population said they used or owned cryptocurrencies.
Yes, you could argue it's a small study. However, it still reveals an increasing interest in cryptos from South Africans.
In fact, because of the rising dema... ››› more
To think that just five years ago, if you mentioned anything about cannabis, marijuana or weed, it was a major taboo and they might have thought you were a druggie or a drug dealer.
Fast forward to today and already it's become not only a legal industry, as of the end of 2018, but also, it's become a multi-billion dollar industry world-wide.
In fact, there are major developments for cannab... ››› more
The rand has collapsed over the last two weeks. It moved from below R13,90/$ to worse than R15,30/$. That's more than 10% weaker in a fortnight. Obviously, many of you are worried you've lost your chance to get money out of SA at a reasonable exchange rate.
The question on everyone's mind: Should you get out now or wait for a better level?
The only way to answer this question is to look f... ››› more
If you did maths and more specifically geometry you will no doubt remember this…
In a right-angled triangle, the square of the hypotenuse equals
the sum of the squares of the other two sides
That is what Pythagoras is most famous for - The Pythagoras theorem…
But he was profoundly influential in the writings and thinking of future philosophers such as Aristotle and Plato and in ... ››› more
In June 2019 I told readers that gold is headed higher… Back then I had a longer term target of $1,900 in mind.
Today, the gold price is already $100 higher than it was back then.
The rand is also weaker - leading to a rand gold price of more than R750,000/kg. That is R110,000 per kilo more than it was in June...
Gold has suddenly become so bullish that Goldman Sachs just upgraded it... ››› more
Q. "I refer to the article you wrote about REITs. I just want to ask the reasons for investing in REITs rather than just owning the property itself?"
A. Here are my top 3 reasons to invest in REITs.
Reason 1: Own property and earn returns by doing nothing
First, when you own a REIT stock, that's all the action you need to take in order to earn returns ... ››› more
Last week I wrote about never letting a good crisis go to waste. It's one of the most difficult things for investors to do while you're in the thick of it. You don't want to deploy capital when things look like they are going to get worse, much worse. But that is the precise time to “slowly drip” capital into the market. It's an investors primary focus to look past the noise to see opportunity... ››› more
The ongoing trade war between the US and China escalated last week when President Trump said they would initiate another 10% tariff hike on Chinese imports worth $300 billion effective 1 September 2019.
Since then, we have seen a huge drop - over 5% on the S&P500, Dow Jones, Yuan currency and even the JSE.
Investors are becoming really worried about global stability and it's driving them ... ››› more
The quote above is what Jehan Chu, managing partner at blockchain investment and advisory firm Kenetic Capital in Hong Kong, recently said about Bitcoin.
What made him say this?
Well, last week Donald Trump continued his ‘tariff tantrum' by adding 10% tariffs on another $300 billion in Chinese imports, starting 1 September.
China retaliated by asking state buyers to halt American ag... ››› more
By now, I assume, most investors would agree, having all your money invested in SA is a bad idea.
Our low growth, unstable politics and a volatile currency are important considerations. However, the most important reason to invest offshore, is the local investment universe is simply too small. At less than 0.6% of global GDP, South Africa is simply too small to provide you with enough opportun... ››› more
Can anyone stop Pep Guardiola and Manchester City?
Will this finally be the year for Liverpool to be crowned champions?
Will Tottenham's new stadium be the answer they need?
It's that time of the year again…
My crystal ball is polished and ready to make some bold predictions for this Friday's English Premier League kick off.
In today's article we will look at this weekend's fi... ››› more
It's all over the news…
“Why SA is on the verge of an IMF bailout” - Business Live
“Is an IMF bailout for SA imminent” - News 24
“Does SA need help from the IMF?” - eNCA
Prominent billionaire and business man, Johann Rupert has even suggested this. According to a Business Live report Rupert said an IMF bailout is “a serious possibility”, while Paul Harris, one of ... ››› more
Q. "I've seen that REITs have become widely spoken about in the news lately, since the Federal Reserve decided to cut the interest rates by 25 basis points to 2%. This has sparked my interest to look into investing in REITs. Timon could you explain briefly what a REIT is, how they work and why the drop in interest rates have attracted investors into buying them?”
A. REITs (pronounced R... ››› more
As Winston Churchill once said “Never let a good crisis go to waste”, we believe investors should be ensuring they have enough exposure to offshore assets that will be a hedge against a “deeper crisis” and should be slowly buying depressed local assets if they have cash on hand. Most investors have been sitting on the sidelines not fully exposed to equities
You can't blame local invest... ››› more
At the end of February 2019, I sent out a prediction article on silver.
In it, I mentioned that silver's price broke above a ceiling level (blue line in the graph below) at $15.80.
Since then, the silver market’s price buying momentum picked up and has been in a strong upward trajectory.
In fact, right now the silver price is trading at around $16.52, ... ››› more
When Facebook announced plans to launch its new digital currency Libra, it was met with fear…Especially in China.
When questioned on Facebook's Libra at a press conference, the founder and CEO of Huawei hit back saying,
“China can also issue such a [crypto]currency by itself. Why wait for others to issue it? The power of a country is always stronger than an Internet company.”
The ... ››› more
It's been a tough few weeks for South Africa.
It all started when finance minister, Tito Mboweni, unveiled yet another bailout for Eskom. The R59 billion taxpayer band aid then spooked international investors and prompted announcements from ratings agencies Fitch and Moody's.
Both echoed the usual concerns about slowing growth, rising government debt and the inability of our policy framewo... ››› more
On 26 July 2019 the SA government's National Assembly pushed forward with expropriation without compensation plans. It established a committee to introduce legislation for amending our constitution. The recommendation was that the expropriation bill should be passed speedily to replace the existing 1975 apartheid-era expropriation act.
So, what does this mean for South African investors like y... ››› more
Q. "I've been following PickPocket Trader service for a few months and I must say I'm happy about the four winning trades in a row. I find that Trader X has a strategy where he likes holding onto trades for several weeks. However, I would like to incorporate a strategy alongside with his and would like to hear what you think…
Essentially, I'll buy at the price Trader X sends out, and if the ... ››› more
I'm sure you have seen the headlines signaling the Rand is on a downward spiral. We highlighted the Rand being at risk of weakness when it was below R13.90 to the USD two weeks ago. It's lost almost 3% but recovering steadily.
This bout of weakness is on the back of Eskom's new lifeline of R59 billion, over the next two years. After government committed R69 billion over three years earlier thi... ››› more
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