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Showing posts with the label invest

The Time Is NOW to Gather and Grow your Bitcoin

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The time is NOW to Gather and Grow your Bitcoin There are a lot of investors who are speculating with Bitcoin and other Cryptocurrencies because they are in nature volatile depending on market supply and demand. They see investing in Bitcoin as a short-term investment and they make a good income from buying when the Bitcoin Price is Low and selling when it is high.  It is reasonably easy to do, as all you need to get started is some starting capital and a free Luno account.  Luno has a live link to a Bitcoin (BTC) and even Etherium (ETH) exchange where you can place your buy order at a low price when the currency is at a low price point and then selling when it is at a higher price point.  This can be done several times daily or weekly. However, I am talking about holding Bitcoin (HODL) for a long-term such as 3 to 5 years and then cashing out on the growth when it is at an unprecedented high.  I purchased 1 Bitcoin in April 2014 for $419 of about R6 300. I can...

What we should be taught at School

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What did you learn at school? Mostly we learn at school how to a good employee or worker, to follow the system and not to make mistakes (to be safe by getting a job and the so-called job security and pension).  The system wants us to go to school, college or university to get skills for a job so that we give our hours to receive a monthly paycheck.   We a re taught to buy into the 40-40-40 Plan:  The 40-40-40 plan . It simply means," work on a JOB, 40 hours a week for 40 years and retire on 40% of your  BASIC  salary".  Sounds familiar?   What should we be taught? The problem is that our jobs definitely are not secure and there is an unemployment rate of more than 50% in South Africa.  Furthermore, our state pensions are earmarked to be used to finance our dysfunctional and bankrupt SOE's (State Owned Enterprises) and probably the new National Health Insurance (NHI) planned for South Africa. We need to be taught about...

Understanding Compound Interest

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UNDERSTANDING COMPOUND INTEREST Albert Einstein is recorded as saying:  "Compound interest is the 8th Wonder of the World...   He who understands it, earns it...he who doesn't pays it!" There is an interesting calculator you can play around with at:   https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php Now that you understand Compound Interest, you will better understand our 5-year plan to Financial Freedom:    https://fast.wistia.net/embed/iframe/vrqnirsx14?autoplay=0&wmode=transparent Who Knew A Little Simple  Calculator Could Be So Life-Altering? In today's training, you are going to discover just how life-changing this simple the little calculator can be if you employ our system and we hit our targets! We know most people are behind on key financial milestones like: Retirement College Funding Paying Off Student Loans G...

Simple Little Calculator towards Total Financial Freedom!

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Shocking Training Reveals How A Simple Little Calculator Can Be The Difference Between Living A Life Of Financial FEARS Or  A Life Where You Are Completely & Totally & Utterly Financially Free! Who Knew A Little Simple  Calculator Could Be So Life-Altering? For an example of how to calculate compound interest, play around with some figures on this calculator: Compound Interest Calculator (Daily, Monthly, Yearly Compounding) (thecalculatorsite.com) In today's training you are going to discover just how life-changing this simple the little calculator can be if you employ our system and we hit our targets! We know most people are behind on key financial milestones like: Retirement College Funding Paying Off Student Loans Getting Out Of Debt Exotic Travel Realizing Their Dreams None of us is getting younger.  So if you are behind...  How do you catch up? That is the focal point of today's training. Discover our system ...

Why this Blog Page?

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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 t...