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Messages - Patrick

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1
Off topic / Re: Transferring money overseas, any tips?
« on: April 26, 2018, 10:57:59 pm »
Yeah, I went to visit their offices to do some due diligence and ended up chatting to Gary for a good couple of hours. Decent guy.

The rate offered was the best I've had up to now so I'll use them again once I save up another R100k.

2
Off topic / Re: Transferring money overseas, any tips?
« on: April 25, 2018, 08:24:26 pm »
Good, got my money faster than usual and the rate was fractionally cheaper than anyone else I've used. If you'd like to use the same guys send an email to [email protected] or call him on 011 781 4454.

3
Off topic / Live chat
« on: April 23, 2018, 01:12:25 pm »
Anyone know the cause of the rand rant?

4
Introductions / Re: Another new member
« on: April 23, 2018, 11:20:43 am »
Welcome.

I always wish I knew more about investment when I was your age. I spent years just putting money into a <2% interest bank account. You'll be sitting on a really decent investment account one day if you keep it up.

5
Shares / CLS
« on: April 20, 2018, 11:00:03 pm »
CLS 102.50 cents - LDT: 26 Jun 2018

6
Shares / CMH
« on: April 20, 2018, 11:00:03 pm »
CMH 115.00 cents - LDT: 12 Jun 2018

7
Shares / PIK
« on: April 20, 2018, 11:00:03 pm »
PIK 155.40 cents - LDT: 5 Jun 2018

8
Shares / ZED
« on: April 20, 2018, 11:00:03 pm »
ZED 11.00 cents - LDT: 8 May 2018

9
Shares / KST
« on: April 20, 2018, 11:00:03 pm »
KST 12.30 cents - LDT: 8 May 2018

10
Shares / Re: US shares - for those with EE accounts
« on: April 20, 2018, 07:52:09 am »
Quote from: willemm on April 19, 2018, 06:36:56 pm
Quote from: Patrick on April 18, 2018, 02:00:28 pm
No, the domicile indicates where the estate duty will be due.

quick q.. have you managed to sort out a will yet for this? As I understand you need a specific will covering this (ex-SA).
I wasn't aware that this was the case, I'll have to do some research on it.

11
Off topic / Live chat
« on: April 19, 2018, 11:25:19 am »
We had druggies stealing our substation fuse. 4 days turnaround for that. Turns out someone forgot to replace the lock once, and the people who kept replacing the fuses weren't the same people who could put a lock on.

12
Off topic / Live chat
« on: April 19, 2018, 07:47:11 am »
It's odd that it can't be tracked. I would have thought that trust, tracking and accountability were the main benefits of blockchain. Surely a stolen coin could easily be blacklisted from being sold or redeemed making theft a non-issue?

13
Off topic / Re: Taking the plunge to EE or not
« on: April 18, 2018, 06:08:02 pm »
You may be right. I might have used the wrong words there as I don't have nor have ever had an RA. What I meant to say it's that Sygnias RA is the best in the market

It's debatable on whether the extra performance from an ETF will outperform the tax savings of an RA. My guess is that it probably depends on your tax bracket.

14
Shares / Re: US shares - for those with EE accounts
« on: April 18, 2018, 02:00:28 pm »
No, the domicile indicates where the estate duty will be due.

15
Off topic / Live chat
« on: April 18, 2018, 11:23:23 am »
Netflieks currently $145B > Bitcoin currently $134B

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