Index Fund Guy @passiveactive50
Quietly compounding using Index Funds • Buying the whole haystack • Average returns for an extraordinary period of time Cape Town, South Africa Joined November 2012-
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The older you get, the more you realize that financial stability is not just about luxury. It's about sleeping peacefully, making decisions without desperation, and having the freedom to walk away from things that destroy you.
“There are substantial rewards for adopting a regular routine of investing and following it no matter what, and additional rewards for buying more shares when most investors are scared into selling.” — Peter Lynch
@Hlatsiiiiiiiii Quietly getting healthy…. Socials will mess up your plan
@kay_mahapa Building that emergency fund. Brick by brick
@mhlatze I save R20k per month. Paid-off car
You don’t need to be brilliant to succeed at investing. You just need to stay calm when volatility makes everyone else lose their minds.
@VusiThembekwayo All forecasts are made up numbers. Atleast they give out a confindence interval
@BestCCOnline @eNCA National Treasury need to monitor the trends post the new levy. If no meaningful changes, they can always increase it. These bookmarkers do not have an economic footprint in the country, also low overhead. Tax the hell out of them!
@pinkysithole17 @eNCA Both measures should be complementary…the dti is working on the bill. Wonder if they will have anything of substance
@BestCCOnline @eNCA bookmarkers will adust their odds to maintain their margins indeed, question is, will that deter the gamblers?
@JuniorBuffett One needs to max out that R46k and R430k
@iTukela The brothers in Christ are taking backshots... wait, giving backshots? No, they’re firing back at the rumors and defending each other in the trenches. Absolute loyalty.
Berkshire Hathaway vs the S&P 500 from 1995 through 2024 is insane. Berkshire: 5,502,284% S&P 500: 39,054%
Being rich is having a bunch of money, being wealthy is having money and your time. I want the wealth.
"You cannot brag about your parents' stuff while sitting on self-made thrones." - Miyagi
The hate Sizwe Dhlomo is getting from poor people because he has rich family Is the same hate we as South Africans receive from other Africans It’s not easy being a rich kid around hungry people.. 😭😭
@LungeloN_Zulu x.com/passiveactive5…
Borrowing the bank money is the positive way of thinking about savings. It’s a smart way of framing it in your head and helps you save money. Do not take literally my good people🤦🏾♂️
Borrowing the bank money is the positive way of thinking about savings. It’s a smart way of framing it in your head and helps you save money. Do not take literally my good people🤦🏾♂️
My Sol inspired so many people with that interview 👏🏾👏🏾👏🏾👏🏾he’s so relatable, a guy next door.. I liked how he drilled into Mac G’s head to respect the law, as it stands MacG is in contempt of court for publishing that episode with Benjy. The debate about fixed deposits and him
@GaryTidoStark @Qokani No it’s not that all the time. It is a percentage of in your tax bracket
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