Q. “I've just started trading Bitcoin and I have two questions regarding the online wallet where I store my coins.
First - Can you please tell me what the difference between a private and a public key is.
Second - Can I get my key back if I lose it or misplace a key?”
A. Whether you’d like to deposit, withdraw money and then exchange Bitcoins, the process all ... ››› more
It's very hard to make sense of markets right now.
On the one hand, it's crystal clear the economy is in a mess. Unemployment is even higher than the worst of the Global Financial Crisis of 2008. The damage done by lockdowns cannot be easily undone.
On the other hand, governments have pumped unprecedented amounts of money into the system and the market seems to be on an unstoppable rise. J... ››› more
It was quite a week for airline stocks.
It started with the announcement from Warren Buffett that Berkshire Hathaway had sold stakes in four major US airlines: United, Delta, Southwest and American Airlines.
This is an exceptionally uncharacteristic move from the legendary value investor.
Firstly, Buffett is all about “buy and hold”. He rarely sells investments unless, the prospect... ››› more
Warren Buffett has a famous quote: “Be fearful when others are greedy and greedy when others are fearful.” As with many great quotes, there's a great deal of wisdom packed into those few words.
And today, I've found the opportunity that perfectly puts Buffett's quote into practice.
Here are its features:
1- Your capital is tied up for a maximum of just three years
2- You stan... ››› 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
The rand has only just broken back below the key R14/$ level and I can tell from the client flows going through our treasury desk, many South Africans are once again keen to get money out of the country.
The USD/ZAR exchange rate was well over R15/$ just a few weeks ago.
This means, the rand has firmed up around +7.75% in the last month-and-a-half. Put another way, that's about a year's wo... ››› more
Global markets are riding a rising tide of positivity from hawkish FOMC meeting minutes, US Fed Chair Powell indicating the US economy is strong and a positive US and Mexico trade deal.
Investors shouldn't fear new record highs because historical market data indicates it's a bullish signal. When a new all-time high is achieved, there is a 90% chance of achieving a new all-time high in the four... ››› more
As we head to the end of 2017, we are approaching the nine year anniversary of the current bull market. If nine years seems like a long time, you are correct: It is.
This is the second longest bull market in history and counting. Most stock indices are at all-time highs and many investors are currently sitting on massive gains in their portfolios.
At the same time risks are rising. We have... ››› more
As it stands, we are at the tail end of an eight-year bull market and, by most estimates, markets in the developed world are massively overpriced versus historical levels.
When we have seen such conditions in the past, global markets almost always fell dramatically within a year or two.
Adding to this risk is the fact that the US Fed, the European Central Bank and a number of other central ... ››› more
If it all hits the fan and the market goes downhill, does your investment portfolio have enough protection?
Most people can't give a confident straight answer of “yes”.
And this is a big problem.
But relax, because you can kick this problem to the curb.
By using a concept that is described by Editor at Stansberry & Associate, Dr David Eifrig Jr as, “100 times more imp... ››› more
I call it the “offshore investment conundrum”. Investors have no clue where to invest or what to invest in, leaving their cash exposed to unpredictable economic and political events. Investing in just any old offshore product will cost you time and more importantly, money.
While I admire the ambition of investors to identify opportunities elsewhere, the fact of the matter is, over half of ... ››› more
You have to go back more than 400 years where the first major “asset bubble” happened.
Between November 1636 and May 1637, tulip prices soared 20-fold, before plunging 99%.
Then from January 1720 to June, the second major asset bubble occurred also known as the South Sea Bubble.
Shares from UK-based South Sea company surged more than eight-fold from £128 to £1,050, before collapsing... ››› more
Most Forex traders make this one massive mistake when it comes to their trading. This one mistake could cost you your trading account. In this lesson, Timon explains how and why you need to protect your money from yourself...
Make sure you're not missing out - join the full Five Minute Trader programme here - for free - and gain access to a host of additional free trading tips and reso... ››› more
There's a scary word floating around the investment world right now.
It's hanging over your portfolio like a black cloud. It's threatening your income, your investments and your financial future.
The frightening thing is many investors don't even know that their money is in danger. They're ambling along blind to the fact that they're about to lose a large portion of their investments.
... ››› more
Just imagine the shock I got when I read that, “59% of TFSAs have been opened at banks, and the majority of investments are in cash.”
Really? Cash investments? That really worries me.
Think about this…
Investing in a tax-free deposit account from the major South African banks will give a return between 6%-8%. But consider that inflation is sitting at 6.1% and not going to stop th... ››› more
Investing in South Africa today is proving to be a challenge for even the best investors. We have to deal with constant attacks to our investment capital.
Scam artists, investment fees, taxes, increasing cost of living as well as political decisions both local and internationally all seem to be aligned to do one thing, eat away at the wealth we are trying so hard to build.
The current situ... ››› more
You already know that rumours of a recession are circulating around the investment markets.
2016 has been a tough year for the South African economy and the hard times don't look like they're going to stop any time soon.
Statistics South Africa shows that the economy is already down 1.2% for the year. We're in the middle of a drought and the price of food, electricity and water is steadily... ››› more
Over the weekend I was speaking to a friend of mine. He just moved into a new area after switching jobs. While he's checking out the property in the area he's renting a property.
One of the issues he faced was a rental deposit - and this actually affected which property he chose to rent initially.
You see, because of tenants not paying rent, or damaging property many landlords have been fo... ››› more
If you've been reading the news from FSPInvest.co.za over the past few weeks, I think you understand how important it is to add a certain level of protection to your investment portfolio right now.
There's one precious metal that's proved itself as a protective asset over and over again. Of course, the metal Joshua is talking about is gold.
He says, “In the 1970s and 1980s were marked by... ››› more
Yesterday I warned investors that the rand will lose strength against the dollar because of the rumours that the Hawks want to arrest Pravin Gordhan for his involvement in the establishment of the SARS rogue unit while he was the tax agency's commissioner. As I expected, that's exactly what happened. But now, where to from here? Is it time for South African investors to be really worried? And wha... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.