Providers are all about securing a stable and predictable income stream, and are willing to offer discounted packages as a trade-off.... You can make this work to your advantage
3/7
Being on prepaid gives u control flexibility over your spending, but the trade-off is that you pay more for whatever you consume. Over time, you end up spending more than you would within a contract (holding usage constant). And you have to foot the device cost upfront
4/7
Contracts give u an opportunity to get a phone at discounted rates, as providers are willing to subsidize in exchange for that predictable income
You can also gain an advantage as providers(at times) offer higher subsidies on some phones/packages than others
5/7
1. Determine your usage patterns and requirements for the duration of the contract, choose the appropriate package 2. Only then do you look at your desired phone, then enquire about the cost of the phone on the specific package you chose, if not available on a sale catalogue
6/7
Never ask the sales person which phone u should get, they tend to nudge u towards those that will earn them a higher commission
Do thorough research beforehand on which phones fits your lifestyle
I have always used the site gsmarena.com. Found it quite handy
7/7
Remember
➡️AIRTIME PACKAGE FIRST
➡️The decide is secondary
Get a package that neets your needs. Don't settle or change to a certain package just because that's the only one that gives you the phone you want.
Every device shud b available on every package. Ask for pricing
*DEVICE is secondary 😊
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Active income:
Direct compensation that an individual receives for services rendered. Comes in the form of salary, wages, tips, commissions, etc.
E.g. your 9 to 5 job
1/8
2/8 Passive income: Income that does not come from actively rendering a service
E.g. Dividends, interest earned from savings
Passive income to 1 person can b active income to another, & vice versa
E.g a store employee earns an active income while the shareholders earns passively
3/8 Sm activities/Investments/incomes r a hybrid of active & passive income
E.g
-A singer records an album, later earns passively from sales & royalties
-An actively managed Investment Portfolio
-Rental income - owner engages in maintenance, repairs & upgrades, if not outsourced
ETF101 - Always read the Minimum Disclosure Documents(MDD). They tell you what companies countries and sectors make up the ETF.
If you are thinking of adding a new ETF to your portfolio, compare that with what you already have, and see if adding the new ETF adds any real value..
Example 1: ETF issuers
The main issuers have global ETFs that track the "MSCI World Index", therefore holding more than 1 of the following offers no benefit (diversification or otherwise)
1nvest MSCI World
Satrix MSCI World
Sygnia Itrix MSCI World
Just pick 1 and buy more of it
Example 2: S&P 500
All the following track the "S&P 500 index"
Sygnia Itrix S&P 500
Satrix S&P 500
CoreShares S&P 500
1nvest S&P 500
Again, no real benefit to holding more than 1 of the above.
Just pick 1 and buy more of that preferred ETF