Why this Blog Page?

I am self-employed and 54 years old, currently residing in South Africa.


Our currency and our Country's financial prospects are bleak indeed.  We find ourselves in a situation where our State-Owned Enterprises (SOE) such as ESKOM (national power utility), PRASA (Passenger Rail Agency of South Africa), DENEL (national defence and security technologies), SAA (national airways), SABC (national broadcaster) and most others are so mismanaged and subjected to blatant corruption so that they can no longer be sustainable and now even their pension funds are in danger and private pension funds and annuities are forced to invest a portion of their funds in these SOE's.  In short, there is no job security, a recession and a more than 50% unemployment rate and also pension funds are not really a safe option and taxed to the hilt. 

To substantiate my opinion that even our official pension funds are not safe, see this recent article by well-known Economist, Mr Mike Schussler in the My Broadband article on 22 July 2019:
https://mybroadband.co.za/news/government/313833-the-anc-is-coming-for-your-pensions-economist.html?source=newsletter


Also, see:
https://mybroadband.co.za/news/government/314673-government-employees-face-big-salary-cuts-to-fund-eskom.html?source=newsletter

https://mybroadband.co.za/news/broadcasting/314667-sabc-mess-no-bailout-if-it-does-not-take-action-against-corrupt-leaders.html?source=newsletter

We are however allowed to save R33 000 annually tax-free and I asked myself if it is indeed possible to use this to invest and at the same time to build up much-needed cash flow and a retirement fund.

I have read most of Rober Kiyosaki's books and understand that we need to move from Employee or being self-employed on the left-hand side to being a Business Owner and ultimately an Investor on the right-hand side of his Cash Flow Quadrant:





I found that it can be possible to be an Investor with mainly 2 outstanding investment opportunities.  As I am interested in Passive Profits (please see my Passive Profits website at http://www.PassiveProfits.co.za), these 2 programs suit me, as you do not have to promote to EARN BIG, but you can refer others if you want to EARN HUGE!

The 2 opportunities I promote is further FREE to join with no admin or monthly cost.  You just invest and can add more or refer others to increase your investment portfolio exponentially.  

The 2 opportunities I strongly recommend is:



See my 5-Year Retirement Plan (Excel Spreadsheet) HERE and how you can generate a lump sum of R2.6 million in 5 years from a once-off investment of only R3 000 or about $200 by clicking HERE.

Here is a short video explaining what can be achieved on a $200 (R3 000) once-off investment on 12% compounded interest:



Comments

Popular posts from this blog

Bitcoin is set to increase in value significantly in the next year

Getting Started

Understanding Compound Interest