« previous next »
Pages: 1 ... 366 367 [368] 369 370 ... 532

Author Topic: Live chat  (Read 1865680 times)

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: Live chat
« Reply #5505 on: April 06, 2017, 10:57:31 am »
Well, it's stuck in the TFSA so can't be moved and the rest is up and down every other day
Logged

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Live chat
« Reply #5506 on: April 06, 2017, 11:00:13 am »
Doesn't ABSA have a minimum amount that needs to be in the account before interest will be paid? And it's monthly, not daily as far as I'm aware so EE has a slight compound advantage
Logged

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2550
  • Karma: +47/-2
    • View Profile
Live chat
« Reply #5507 on: April 06, 2017, 01:05:00 pm »
Yeah, they only pay if you earn more than R30 interest in a month. I'll have to do the maths to see if the compounding makes them better. I do this with my cash before I move it offshore.
Logged

Nivek

  • Sr. Member
  • ****
  • Posts: 295
  • Karma: +6/-1
    • View Profile
Live chat
« Reply #5508 on: April 07, 2017, 11:19:53 am »
Everyone must be out marching today, it's very quiet here.
Logged

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2550
  • Karma: +47/-2
    • View Profile
Live chat
« Reply #5509 on: April 07, 2017, 01:43:04 pm »
Fitch has just downgraded us to junk :(
Logged

Maurice

  • Jr. Member
  • **
  • Posts: 79
  • Karma: +3/-0
    • View Profile
Live chat
« Reply #5510 on: April 07, 2017, 06:36:18 pm »
Going to be quite a ride for the next while.
Logged

Orca

  • Hero Member
  • *****
  • Posts: 2274
  • Karma: +54/-3
    • View Profile
Re: Live chat
« Reply #5511 on: April 07, 2017, 07:37:55 pm »
SA stocks and the rand has been resilient so far and when one looks at what happened to Brazil when they went into junk status, it is not so bad. The REAL increased by 25%  over 1 year against the USD. Same politic problems. So hang in there.
Logged
I started here with nothing and still have most of it left.

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: Live chat
« Reply #5512 on: April 07, 2017, 09:59:24 pm »
Worst still coming if Rand's local rating is downgraded. Think I'll actually worry if news of that happening starts making the rounds.

Sent from my HUAWEI VNS-L31 using Tapatalk

Logged

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Live chat
« Reply #5513 on: April 08, 2017, 12:41:47 pm »
Quote from: Hamster on April 07, 2017, 09:59:24 pm
Worst still coming if Rand's local rating is downgraded. Think I'll actually worry if news of that happening starts making the rounds.
Well, Fitch has downgraded local Rand denominated debt to junk together with foreign denominated debt. If Moody's does the same, that's when the big selling of government bonds will take place as they then cannot be included in bond index trackers like Citibank World Government Bond Index and JP Morgan Emerging Markets Bond Index.
That will cause the R. to weaken further. Our S.A. Inc. shares have not priced in this scenario. Very baaa..aa..aad.
Logged

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: Live chat
« Reply #5514 on: April 08, 2017, 04:39:18 pm »
Didn't realise Fitch downgraded local as well ...

Sent from my HUAWEI VNS-L31 using Tapatalk

Logged

Nivek

  • Sr. Member
  • ****
  • Posts: 295
  • Karma: +6/-1
    • View Profile
Live chat
« Reply #5515 on: April 10, 2017, 10:44:08 am »
Some good news: https://www.enca.com/south-africa/anc-to-rethink-nuclear-deal Maybe they'll cancel it and Putin will break JZ's kneecaps before feeding him a cyanide sandwich.
Logged

Fawkes85

  • Guest
Live chat
« Reply #5516 on: April 10, 2017, 10:47:58 am »
Sheez. I leave you people alone for one month and the whole economy is falling apart.
Logged

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2550
  • Karma: +47/-2
    • View Profile
Live chat
« Reply #5517 on: April 10, 2017, 12:57:06 pm »
It wasn't me
Logged

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Live chat
« Reply #5518 on: April 10, 2017, 01:33:22 pm »
 :TU:
« Last Edit: April 10, 2017, 02:42:04 pm by jaDEB »
Logged
jaDEB

If it scares you, it's a sign you need to do it

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2550
  • Karma: +47/-2
    • View Profile
Live chat
« Reply #5519 on: April 10, 2017, 02:49:12 pm »
I preferred the previous comment. Made me seem all bad-ass when all I actually did on Friday was sit at home having lots of conference calls :D
Logged
Pages: 1 ... 366 367 [368] 369 370 ... 532
« previous next »