2341
He is shopping for a new leopard speedo shorts
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Well the reason why I send my money home to trade in SA is because, as Orca has pointed out many times, you can just get a lot more growth on the JSE as compared to the more developed countries. In his retirement blog he pointed out how on a UK blog he asked about gettin 25% per annum returns and they laughed at him. They just can't fathom getting those kind of returns on their exchanges. I have also read a couple of for dummies books and regularly listen to an investors podcast run by a guy from America and another guy from Denmark. In the books and on the podcast they continuously say that anyone that claims they can make a return of above 8% a year is full of it. Again because they come from a developed market perspective where great returns just don't happen. So that is why I send my cash back to SA.