David (TalkingCents) Profile picture
Founder @Fundup21 ๐Ÿ‡ฟ๐Ÿ‡ฆ | Raised over R1 million | Property and Equity Investor | I Tweet Financial Content to put $ in your Pocket | Email: talkcentss@gmail.com
Michael J. Mkwanazi Profile picture Perry Rakoma Profile picture Sonwabile Mlibo Wolela๐Ÿ‡ฟ๐Ÿ‡ฆ Profile picture 3 subscribed
Mar 25 โ€ข 14 tweets โ€ข 6 min read
๐—ง๐—ต๐—ฒ ๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ ๐—•๐—ฎ๐—ป๐—ธ

National Treasury ( NT ) plans to use the ๐˜‚๐—ป๐—ฟ๐—ฒ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ด๐—ฎ๐—ถ๐—ป๐˜€ from the Gold and Foreign Exchange Contingency Reserve Account ( GFECRA )

They call it โ€˜๐—ช๐—ฎ๐˜๐—ฒ๐—ฟ๐—ณ๐—ฎ๐—น๐—นโ€™ arrangement

Learn more ๐Ÿ”ป
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** Glossary **

โ–ช๏ธNational Treasury
โ–ช๏ธGFECRA

National Treasury is one of many departments of the South African Government

The Treasury falls within the portfolio of the Minister of Finance, and the role of NT is to manage the Governmentโ€™s Finances.

The South African Revenue Service (SARS) and Statistics South Africa also fall under this wing.

โ€”โ€”โ€”โ€”โ€”โ€”-

The Gold and Foreign Exchange Contingency Reserve Account is a tool used to safeguard the country's financial stability.

This accountโ€™s purpose is in its name, it holds the reserves of gold and foreign currencies South Africa has built up.
Mar 19 โ€ข 8 tweets โ€ข 5 min read
๐—•๐—ฟ๐—ฒ๐˜„๐—ฒ๐—ฑ ๐˜๐—ผ ๐—Ÿ๐—ฎ๐˜€๐˜

The Beer with the Longest and Proudest Heritage in South Africa

๐—ง๐—ต๐—ฒ ๐——๐—ฎ๐—ฟ๐—ธ ๐—ฆ๐—ฒ๐—ฐ๐—ฟ๐—ฒ๐˜๐˜€ ๐—ก๐—ผ ๐—ข๐—ป๐—ฒ ๐—ง๐—ผ๐—น๐—ฑ ๐—ฌ๐—ผ๐˜‚

Read more ๐Ÿ”ป
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1/ History

๐—Ÿ๐—ฒ๐˜โ€™๐˜€ ๐—ฐ๐—ฟ๐—ฎ๐—ฐ๐—ธ ๐˜๐—ต๐—ถ๐˜€ ๐—ผ๐—ฝ๐—ฒ๐—ปโ€ฆ.. ๐Ÿบ

The story dates back to 1886 and can be traced to the days of the Johannesburg Gold rush.

Here is how a man with a small brewery in Northern Natal led to the historic legacy of the South African Breweries (SAB)
โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

๐—ง๐—ต๐—ฒ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐—ผ๐—ณ ๐—–๐—ต๐—ฎ๐—ฟ๐—น๐—ฒ๐˜€ ๐—š๐—น๐—ฎ๐˜€๐˜€โ€ฆ..

Charles Glass, British-Born-Brewer, established Glass & Co in 1864, which ended up giving birth to a global powerhouse in the later years.

As time passed, he saw a money making opportunity in the market, to provide miners with beer in the Witwatersrand Reef (๐—ฎ๐—น๐˜€๐—ผ ๐—ธ๐—ป๐—ผ๐˜„๐—ป ๐—ฎ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฎ๐—ป๐—ฑ).

โ€”โ€”โ€”โ€”โ€”
*๐šƒ๐š‘๐šŽ ๐š๐š˜๐š•๐š ๐š›๐šž๐šœ๐š‘ ๐š๐š‘๐šŠ๐š ๐š‹๐šŽ๐š๐šŠ๐š— ๐š’๐š— ๐Ÿท๐Ÿพ๐Ÿพ๐Ÿผ ๐š’๐šœ ๐š ๐š‘๐šŠ๐š ๐š•๐šŽ๐š ๐š๐š˜ ๐š๐š‘๐šŽ ๐šŽ๐šœ๐š๐šŠ๐š‹๐š•๐š’๐šœ๐š‘๐š–๐šŽ๐š—๐š ๐š˜๐š ๐™น๐š˜๐š‘๐šŠ๐š—๐š—๐šŽ๐šœ๐š‹๐šž๐š›๐š*
โ€”โ€”โ€”โ€”โ€”

The beer soon became a hit that Charles and his wife, Lisa, decided to set up their brewery in the business centre of the town to capture the influx of fortune seekers coming to Witwatersrand Reef.

The phrase โ€œ๐——๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐—ฎ ๐—ด๐—ผ๐—น๐—ฑ ๐—ฟ๐˜‚๐˜€๐—ต, ๐˜€๐—ฒ๐—น๐—น ๐—ฏ๐—ฒ๐—ฒ๐—ฟ๐˜€โ€, seems more appropriate hereโ€.

His beer brew took some time to gain traction, it was only when Charles Glassโ€™s new beer, ๐—–๐—ฎ๐˜€๐˜๐—น๐—ฒ ๐—•๐—ฒ๐—ฒ๐—ฟ, was introduced that he won the miners over and secured the market.

It was in 1884 that Castleโ€™s famous label, ๐˜๐—ต๐—ฒ ๐˜๐—ต๐—ฟ๐—ฒ๐—ฒ-๐˜๐˜‚๐—ฟ๐—ฟ๐—ฒ๐˜๐—ฒ๐—ฑ ๐—ณ๐—ผ๐—ฟ๐˜๐—ฟ๐—ฒ๐˜€๐˜€, ๐˜„๐—ฎ๐˜€ ๐—ถ๐—ป๐˜๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐—ฒ๐—ฑ.

โ€”โ€”โ€”โ€”โ€”โ€”
*๐˜๐˜ฆ ๐˜ช๐˜ฎ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ฆ๐˜ฅ ๐˜ฉ๐˜ช๐˜ด ๐˜ฌ๐˜ฆ๐˜บ ๐˜ช๐˜ฏ๐˜จ๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ฆ๐˜ฏ๐˜ต๐˜ด ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜Œ๐˜ฏ๐˜จ๐˜ญ๐˜ข๐˜ฏ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ ๐˜ถ๐˜ฑ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ฅ๐˜ฆ๐˜ฎ๐˜ข๐˜ฏ๐˜ฅ*
โ€”โ€”โ€”โ€”โ€”โ€”

As a result of his success with Castle Beer, he renamed his business to โ€œ๐—–๐—ฎ๐˜€๐˜๐—น๐—ฒ ๐—•๐—ฟ๐—ฒ๐˜„๐—ฒ๐—ฟ๐˜†โ€ and focused on distribution, to expand.

๐—–๐—ฎ๐—ฝ๐˜๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฎ๐˜๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€โ€ฆ..

Other brewing companies grew interested in Charles Success, and soon realized the market was MASSIVE in the Witwatersrand.

Because of this astonishing growth, Frederick Mead, another brewer from Pietermaritzburg, negotiated to purchase Castle Brewery in
July of 1892.

Frederick Meadโ€™s brewing empire combined with Castle brewery ๐˜๐—ผ ๐—ณ๐—ผ๐—ฟ๐—บ ๐˜๐—ต๐—ฒ ๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—•๐—ฟ๐—ฒ๐˜„๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ (๐—ฆ๐—”๐—•) ๐—ถ๐—ป ๐Ÿญ๐Ÿด๐Ÿต๐Ÿฑ.Image
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Mar 15 โ€ข 9 tweets โ€ข 5 min read
๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎโ€™๐˜€ ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—ผ๐˜„๐—ป
๐—ช๐—ฎ๐—ฟ๐—ฟ๐—ฒ๐—ป ๐—•๐˜‚๐—ณ๐—ณ๐—ฒ๐˜

Meet the 100-year-old business tycoon who operated under the radar

A true Legend in the Baking ๐Ÿ”ป Image 1/ History

๐—ง๐—ต๐—ฒ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜€ ๐—ถ๐—ป ๐Ÿญ๐Ÿด๐Ÿฑ๐Ÿญโ€ฆ.. โœ๐Ÿผ

John Frederick Baumann migrates from England to South Africa,

here he starts a grocery and bread bakery in the old British Colony of Natal (KwaZulu Natal)

๐—™๐—ฟ๐—ผ๐—บ ๐—ต๐—ฒ๐—ฟ๐—ฒโ€ฆ..

He manages to convince his nephew, John Michael Leonard Baumann to migrate to South Africa

J. M. L. Baumann arrives in Durban in 1881 and joins his uncle's bakery and grocery business.

๐—๐˜‚๐˜€๐˜ ๐—ฎ ๐—ณ๐—ฒ๐˜„ ๐˜†๐—ฒ๐—ฎ๐—ฟ๐˜€ ๐—น๐—ฎ๐˜๐—ฒ๐—ฟโ€ฆโ€ฆ

The lease on their premise expires, and J. M. L. Baumann purchases the bakery operations from his uncle

๐—•๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐Ÿญ๐Ÿด๐Ÿด๐Ÿฑ - ๐Ÿญ๐Ÿด๐Ÿต๐Ÿฑ, he (J.M.L) constructs a small building and starts to buy biscuit machinery, to make more โ€œ๐š๐šŠ๐š—๐šŒ๐šข ๐š‹๐š’๐šœ๐šŒ๐šž๐š’๐š๐šœโ€ such as, ginger nuts and marie biscuits.

๐—ช๐—ผ๐—ฟ๐—น๐—ฑ ๐—ช๐—ฎ๐—ฟ ๐Ÿญ ๐—ธ๐—ถ๐—ฐ๐—ธ๐˜€ ๐—ผ๐—ณ๐—ณโ€ฆ.

The company starts to falter because of the anti-German riots, which leads to the bakery and shop being burnt to the ground, ๐—ผ๐—ป ๐˜๐—ผ๐—ฝ ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€, there are massive supply disruptions across the country during the Great Depression

๐—›๐—ผ๐˜„๐—ฒ๐˜ƒ๐—ฒ๐—ฟ,
a couple of things worked out in their favor.

(I) The factory manages to survive the anti-German riots of 1915, mainly because it was producing biscuits for the army, so the factory was put under government protection to prevent further damage.

(ii) the company's name changes from Baumann's (German) to ๐—•๐—ฎ๐—ธ๐—ฒ๐—ฟ๐˜€ ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ, thus giving birth to the iconic brand we now know today.

The famous Bakerโ€™s mascot makes its first appearance on the packaging in 1923.Image
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Mar 14 โ€ข 8 tweets โ€ข 5 min read
๐——๐—ถ๐—ฑ ๐—ฌ๐—ผ๐˜‚ ๐—ž๐—ป๐—ผ๐˜„:

A Famous South African Brand was used as a currency

โ€œ๐—ก๐—ผ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ, ๐˜๐—ฎ๐—ธ๐—ฒ ๐—–๐—ต๐—ฎ๐—ฝ๐—ฝ๐—ถ๐—ฒ๐˜€โ€

Read more ๐Ÿ”ป Image 1/ History

๐—ง๐—ต๐—ฒ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜€โ€ฆโ€ฆโœ๐Ÿผ

A young man finishes school and needs a job, just as many do, he finds the most convenient job available, which is at the ๐—–๐—ต๐—ฎ๐—ฝ๐—ฒ๐—น๐—ฎ๐˜ ๐—ฆ๐˜„๐—ฒ๐—ฒ๐˜ ๐—™๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜†, just down the road from his house in Troyeville, Johannesburg.

๐— ๐—ฒ๐—ฒ๐˜ ๐—”๐—ฟ๐˜๐—ต๐˜‚๐—ฟ ๐—š๐—ถ๐—ป๐˜€๐—ฏ๐—ฒ๐—ฟ๐—ด

The creator of the iconic
๐—–๐—ต๐—ฎ๐—ฝ๐—ฝ๐—ถ๐—ฒ๐˜€ ๐—•๐˜‚๐—ฏ๐—ฏ๐—น๐—ฒ๐—ด๐˜‚๐—บ ๐—•๐—ฟ๐—ฎ๐—ป๐—ฑ was inspired when the Chapelat Confectionary Company found themselves losing their biggest client at the time โ€“ OK Bazaars

This pressure led Arthur Ginsberg to come up with the ๐—–๐—ต๐—ฎ๐—ฝ๐—ฝ๐—ถ๐—ฒ๐˜€ ๐—•๐—ฟ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป ๐Ÿญ๐Ÿต๐Ÿฐ๐Ÿด. The idea was sparked by looking at a competitorโ€™s product.

Wicks bubble gum, at the time, was selling gum for a penny each, and Arthur believed he could sell two for a penny โ€“๐—ด๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ฏ๐—ถ๐—ฟ๐˜๐—ต ๐˜๐—ผ ๐—–๐—ต๐—ฎ๐—ฝ๐—ฝ๐—ถ๐—ฒ๐˜€.

*The Chapelat Sweet Factory is what gave him the inspiration and it is where โ€œchappiesโ€ derived its name from.Image
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Mar 8 โ€ข 9 tweets โ€ข 4 min read
๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—•๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜€ .

Here is how a ๐—ฅ๐Ÿฏ๐Ÿฏ๐Ÿด,๐Ÿฎ๐Ÿณ๐Ÿด ๐—น๐—ผ๐—ฎ๐—ป ๐—ณ๐—ฟ๐—ผ๐—บ
๐˜๐—ต๐—ฒ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป (๐—œ๐——๐—–) helped the Greyvenstein family grow two iconic South African Brands.

Read more: ๐Ÿ”ป
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Prelude:

These two brands being built from the depths of the great depression in the 1930โ€™s underscores the importance of not giving up when times are tough,

and it serves as evidence that the best time to start something is always now.
Jan 23 โ€ข 18 tweets โ€ข 6 min read
๐—ง๐—ต๐—ฒ ๐—•๐—ฒ๐˜€๐˜ ๐— ๐—ผ๐—ป๐—ฒ๐˜† ๐—ง๐—ถ๐—ฝ๐˜€

Here are 15 ways to start Building Healthy Money Habits.

*๐—ก๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿญ๐Ÿฐ ๐—ถ๐˜€ ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ฎ๐—น

Repost your favorite. ๐Ÿงต Image 1/ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜ ๐— ๐—ผ๐—ป๐—ฒ๐˜† ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—น๐—ถ๐—ธ๐—ฒ ๐—ฎ ๐—ท๐—ผ๐—ฏ.

It's important to budget and keep track of your finances.

Know where your money is going and then control your expenditure Image
Nov 21, 2023 โ€ข 19 tweets โ€ข 6 min read
๐—ฅ๐—ฎ๐—ป๐—ฑ ๐— ๐—ฎ๐—ป๐—ถ๐—ฝ๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป

This is How Currency movements work (Forex) and how banks make money from it.

< THREAD > Image *** ๐—š๐—น๐—ผ๐˜€๐˜€๐—ฎ๐—ฟ๐˜† ***

โ–ช๏ธ๐—”๐—ฝ๐—ฝ๐—ฟ๐—ฒ๐—ฐ๐—ถ๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

Is an increase in the value of one currency in relation to another currency.

โ€”โ€”โ€”โ€”

โ–ช๏ธ๐——๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐—ฐ๐—ถ๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

Is when a currency falls in value in relation to another currency.

Letโ€™s look at what I mean ๐Ÿ‘‡๐Ÿฝ
Nov 20, 2023 โ€ข 17 tweets โ€ข 4 min read
๐—˜๐—ฑ๐˜‚๐—ฐ๐—ฎ๐˜๐—ฒ, ๐——๐—ผ๐—ปโ€™๐˜ ๐—ฆ๐—ต๐—ฎ๐—บ๐—ฒ!

Here are the Costs Associated with Buying Property

Things people donโ€™t show you ๐Ÿ‘‡๐Ÿฝ Image // Glossary //

* ๐—™๐—ฟ๐—ฒ๐—ฒ๐—ต๐—ผ๐—น๐—ฑ (๐—™๐—ฟ๐—ฒ๐—ฒ ๐—™๐—ฟ๐—ผ๐—บ ๐—›๐—ผ๐—น๐—ฑ)

-The entire property belongs to you, land, border walls, etc.

* ๐—ฆ๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ง๐—ถ๐˜๐—น๐—ฒ

It is the separate ownership of a (unit within a complex ) or within a development.
Aug 24, 2023 โ€ข 12 tweets โ€ข 5 min read
A South African State-owned entity that has grown to be

๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎโ€™๐˜€ ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐—”๐˜€๐˜€๐—ฒ๐˜ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—ฟ

My favorite part is at the end
Look inside ๐Ÿ‘€๐Ÿ‘‡๐Ÿฝ Image 1/ ๐—”๐—ฏ๐—ผ๐˜‚๐˜

The Public Investment Corporation ( PIC ) is a South African State-owned entity with R2.548 trillion of assets under management, as of March 2022.

๐—ง๐—ต๐—ฒ๐—ถ๐—ฟ ๐—น๐—ถ๐˜€๐˜๐—ฒ๐—ฑ ๐—ฝ๐—ผ๐—ฟ๐˜๐—ณ๐—ผ๐—น๐—ถ๐—ผ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฏ๐—ถ๐—ด๐—ด๐—ฒ๐˜€๐˜ ๐—ฝ๐—ผ๐—ฟ๐˜๐—ณ๐—ผ๐—น๐—ถ๐—ผ, which accounts for 80% of their Assets Under Management ( AUM )

๐—ง๐—ต๐—ถ๐˜€ ๐—ฝ๐—ผ๐—ฟ๐˜๐—ณ๐—ผ๐—น๐—ถ๐—ผ ๐—œ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐˜€:

โ€ข Internally Managed Listed Equity
โ€ข Fixed Income
โ€ข Externally Managed Funds

๐—›๐—ฒ๐—ฟ๐—ฒโ€™๐˜€ ๐˜„๐—ต๐—ฎ๐˜ ๐˜๐—ต๐—ฎ๐˜ ๐—บ๐—ฒ๐—ฎ๐—ป๐˜€
Aug 10, 2023 โ€ข 12 tweets โ€ข 4 min read
Cyril Ramaphosa has been South Africaโ€™s President since 2018

Look at his achievements ๐Ÿ‘‡๐Ÿฝ
President Cyril Ramaphosa has been the president of South Africa since 2018 after taking over from his predecessor, Jacob Zuma.   Cyril Ramaphosa was born in Soweto, Johannesburg, on the 17th of November in 1952. He is a former anti-apartheid activist, trade union leader, and businessman.  Ramaphosa is also the president of the African National Congress (ANC).
The flag of South Africa was designed in March 1994 and adopted on 27 April 1994, during South Africa's 1994 general election, to replace the flag that had been used since 1928.  At the time of its adoption, the South African flag was the only national flag in the world to comprise six colours in its primary design and without a seal and brocade. The colors in the flag have no essential meaning.
1/ Rand Depreciation

The ๐—ญ๐—”๐—ฅ ๐—ต๐—ฎ๐˜€ ๐—ฑ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐—ฐ๐—ถ๐—ฎ๐˜๐—ฒ๐—ฑ ๐Ÿฏ๐Ÿฒ% ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ผ๐—น๐—น๐—ฎ๐—ฟ since Cyril Ramaphosa became president.

โ€ข On the 9th February 2018, The Rand traded at R11.98 to the Dollar.

โ€ข August 10, 2023, the Rand traded at R18.78 Image
Jun 28, 2023 โ€ข 7 tweets โ€ข 3 min read
Investing in Property

โ€ข Loan-to-Value (LTV)
โ€ข Dividend Yield (DY)

After you learn this,
Iโ€™ll show you SA Property REITs

(Thread) ๐Ÿงต 2/ Loan to Value Ratio ( LTV )

It measures the amount of borrowed money you used to buy an asset ( property ) relative to the value of the asset.

LTV =
Current borrowed amount รท Current value of property x 100

Example: ๐Ÿ‘‡๐Ÿฝ
Jun 26, 2023 โ€ข 12 tweets โ€ข 3 min read
Property is a Terrible Investment

THREAD ๐Ÿงต 1/ Terminology

โ€ข Amortization

Is the gradual repayment of a loan over time, it covers the principal + interest charged

โ€ข Negative Amortization

you donโ€™t pay enough to cover the interest, the unpaid amount gets added to your loan balance- making it bigger instead of smaller
Jun 21, 2023 โ€ข 14 tweets โ€ข 3 min read
Dividend Yield

The lower the share price falls the higher the Dividend Yield climbs.

โ€ข Share Price = R13
โ€ข Dividend = R1.18

R13 = 9%
R11 = 10.72%
R9 = 13.1%
R8 = 14.75%

Thread ๐Ÿงต 1/ What is a Dividend Yield?

A dividend yield ( DY ) shows you the percentage of a company's share price that it pays out in dividends each year. Image
Jun 20, 2023 โ€ข 11 tweets โ€ข 2 min read
If you are a shareholder, you risk losing all your money.

Hereโ€™s Why ๐Ÿ‘‡๐Ÿฝ 1/ Introduction

As an equity owner ( shareholder ) of a company, you arenโ€™t safe if the company goes bankrupt.

You will be the last one to get your money ( if there is any left).
Jun 19, 2023 โ€ข 10 tweets โ€ข 3 min read
How to Spot Pyramid Schemes ๐Ÿšฉ

Thread ๐Ÿงต 1/ Introduction

Pyramid schemes are deceptive and fraudulent business models that promise participants high returns if they recruit new members to join the scheme.

๐Ÿšฉ ๐Ÿšฉ Here are the red flags ๐Ÿšฉ๐Ÿšฉ
May 31, 2023 โ€ข 22 tweets โ€ข 5 min read
Read this if you want to Improve your Credit Score

( Thread ) ๐Ÿงต Image 1/ Introduction

If you arenโ€™t sure what a credit score is, then here is a thread to bring you up to speed.

Read it, retweet it, and then return to this thread to continue.
May 30, 2023 โ€ข 12 tweets โ€ข 3 min read
Understanding your Credit Score in South Africa

Thread ๐Ÿงต Image 1/ Introduction:

The National Credit Act regulates credit reporting in South Africa.
It outlines the rights and responsibilities of consumers and credit providers

Itโ€™s intended purpose is for credit providers, they use it to assess an individual's creditworthiness Image
May 11, 2023 โ€ข 12 tweets โ€ข 5 min read
Fixed Deposit Rates (Nominal Rate)

5 year ( 60 months )

> Standard Bank = 9.1%
> FNB = 9.15%
> ABSA = 9.3%
> Nedbank = 9.2%
> Capitec = 9.3%
> African Bank 9.57%

* RSA Retail Bond = 10.5% 1/ Introduction

Before we look at the interest rates of banks. We must first understand the difference between.

1) Nominal rate:

This is the rate that doesnโ€™t account for compounding

2) Effective Rate:

This is end rate as a result of compounding (interest on interest)
May 10, 2023 โ€ข 21 tweets โ€ข 5 min read
[THREAD]๐Ÿงต

The Forms of Money in South Africa

By Tracking the Money Supply you can make better investment decisions.

Let me Explain๐Ÿ‘‡๐Ÿฝ 1/ Introduction

Money comes in different forms,

and in South Africa we measure different forms of money supply to track the total amount of money in circulation

They are broken down like this:

>M0
>M1
>M2
>M3
May 9, 2023 โ€ข 16 tweets โ€ข 4 min read
The Banking Sector in South Africa made Easy:

- Interest Rates
- Deposit Rates
- Lending Rates
- Net Interest Income

Thread ๐Ÿงต 1/ Types of Banks

(1) Central Banks (CB)

Is the issuer of currency that is responsible for monetary policy.(decides on interest rates)

(2) Commercial Banks

Banks that offer services to the general public + to companies.(accepts deposits and makes loans)
Mar 12, 2023 โ€ข 12 tweets โ€ข 3 min read
Top 10 AI websites to use in 2023 to

> Save time
> Start a side hustle
> Source content (1) Talk to Books

Ask anything and get answers from thousands of books.