David (TalkingCents) @talkcentss
Founder @Fundup21 🇿🇦 | Raised over R1 million | Property and Equity Investor | I Tweet Financial Content to put $ in your Pocket | Email: [email protected] youtube.com/@talkcents Build Wealth ➡️ Joined October 2012-
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A Remarkable story, A Remarkable man A must listen 🔻
A Remarkable story, A Remarkable man A must listen 🔻
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David (TalkingCents) retweeted
If you had invested in China (MSCI China ETF) 10 years ago you would have earned 0.71% per annum. If you had instead invested in the US (S&P 500 ETF) you would have made 12.92% per year. So why on earth would one invest in China rather than the US?
0% interest rates explained.
I use to do road crossings back in South Africa, and I remember the one team had 3 Mozambique brothers. “Soldiers don’t get tired” Those were the words muttered by them as they threw picks in the air and slammed them back down into the ground. Over and over for hours and…
I use to do road crossings back in South Africa, and I remember the one team had 3 Mozambique brothers. “Soldiers don’t get tired” Those were the words muttered by them as they threw picks in the air and slammed them back down into the ground. Over and over for hours and…
Wealth is accumulated over decades, not days.
Society should be rewarding teachers, nurses, and doctors more than Bankers and Politicians.
The South African government does a combination of two things; (1) Incentivizes you to work abroad and store your savings offshore, and (2) Places punitive measures on you for doing the opposite, (i.e.) Punishes you for keeping your savings in South Africa and working locally
Voting for politicians is futile, imo. You vote with your capital to suffocate the beast. Self sovereignty is the only answer. We will see more voting with their capital rather than wasting time and efforts on ballots.
Voting for politicians is futile, imo. You vote with your capital to suffocate the beast. Self sovereignty is the only answer. We will see more voting with their capital rather than wasting time and efforts on ballots.
A country with bad transport infrastructure puts a burden on its citizens.
David (TalkingCents) retweeted
Car Repayments and Baddies Explained 🔻
David (TalkingCents) retweeted
1.1/ The government deficit is caused from their spending exceeding revenue collections. Which ironically is caused by the interest expense. Revenue collection breakdown 🔻
1.1/ The government deficit is caused from their spending exceeding revenue collections. Which ironically is caused by the interest expense. Revenue collection breakdown 🔻 https://t.co/Vpq8YnNiot
David (TalkingCents) retweeted
1/ Glossary 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗗𝗲𝗳𝗶𝗰𝗶𝘁: Is when a government’s expenditure exceeds its revenue in a given fiscal year To make up for the short fall, it must borrow, hence Retail Savings Bonds (which is one form of borrowing from S.A citizens) Government Spending 🔻
1/ Glossary 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗗𝗲𝗳𝗶𝗰𝗶𝘁: Is when a government’s expenditure exceeds its revenue in a given fiscal year To make up for the short fall, it must borrow, hence Retail Savings Bonds (which is one form of borrowing from S.A citizens) Government Spending 🔻
David (TalkingCents) retweeted
Investing in Retail Savings Bonds How can it go wrong? [ THREAD ] 🔻
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