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Messages - DeonC

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1
Shares / Re: Is African Bank Safe - Fixed deposit
« on: March 08, 2017, 12:39:34 pm »
Thanks gcr.

Let just have a quick comparison:
ETF: 50% over 5 years
Initial investment R100 000
5 years Later: R 150 000

Fixed deposit at 9 p/a%
Initial investment: R100 000
5 years later: R 153 000

Fixed Deposit is less risk, than ETF. Therefore according to the above it should be the better investment. Less risk with similar returns?



2
Shares / Re: Is African Bank Safe - Fixed deposit
« on: March 08, 2017, 11:47:25 am »
Thor>>

Will not touch African B, or Nedbank?

3
Shares / Re: Is African Bank Safe - Fixed deposit
« on: March 08, 2017, 11:19:02 am »
The best option looks to be Nedbank, with 9.56%

That should be safe. I hope.

4
Shares / Re: Is African Bank Safe - Fixed deposit
« on: March 08, 2017, 11:12:11 am »
Thanks Guys, following up on all the recommendations

As you can see, from the post, I am still a newbie, when it comes to money and investing.

Any further advice will be appreciated.

On a Side, How safe is it, to mention amounts on a public Forum like this?


5
Shares / Re: Is African Bank Safe - Fixed deposit
« on: March 08, 2017, 09:28:25 am »
Jip. Planning on putting more than half of my all my money in there. R1m. Thats why I am a bit cautious  ???

Capitec offers 10.05%
Nedbank Offered 9.56%

All on 60 months.

I have some ETF's, and to be honest I dont think any ETF will provide 10% p/a for the next 5 years. Or am I wrong?

6
Shares / Is African Bank Safe - Fixed deposit
« on: March 07, 2017, 03:47:34 pm »
Hi Al

African Bank is now offering 10.50% on Fixed deposit. I am very Interested. But how safe is it?

The SARB owns 50% of African
6 Banks Hold 25%

Thanks

7
Shares / Re: ABSA's world trader accounts are now live
« on: February 07, 2017, 10:08:46 am »
Patrick, did you use Absa world trader to buy your VWRD? If not, what platform did you use?

Thanks


8
Shares / Re: My retirement blog.
« on: February 03, 2017, 09:11:09 am »
Orca, I might have missed it, but at what age did you retire?

9
Shares / Re: Fixed deposits
« on: January 31, 2017, 02:36:00 pm »
Nedbank Green Savings Bonds 12.58%

https://www.nedbank.co.za/content/nedbank/desktop/gt/en/personal/interest-rates/account-interest-rates.html



10
Shares / Fixed deposits
« on: January 31, 2017, 02:34:07 pm »
Good day to All

New member here.

As per title, do you guys keep some of your money in a fixed deposit? Finbond is offering 10.65% intersest. Capitec is offering 10.05% These look like very good deals to an ordinary citizen like me. What do you guys think? What are the negatives associated with this? Except that your money is tied up for 60 months

Sorry mods if this is in the wrong section

Thanks
D

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