The most popular question we get asked is “What should I invest in?” but easily the second most popular question is "Why the name JustOneLap?" The answer is simple, we get JustOneLap at life, and so we can't afford to mess it up. This means being on top of our relationships, careers, health, and of course our money, and that's where we come in. Managing money is really very simple - but we need the knowledge, hence our punch line is "know your money - grow your money".
The impact to investors from last week's budget is still trickling in and the latest edition of FinWeek has an excellent cover article about this. In short, retirement annuities (RAs) are suddenly looking attractive - something that sticks in my throat, but if that's where we build funds for retirement, then we have to consider it. The big issue is the new dividend withholding tax at 15% rather than the expected 10%, and the fact that RAs are exempt from this tax. Alternatives would be investing via a CC or private company, but then you will be hit by a much higher capital gains tax. I suspect we may be moving into a new era of investing with the higher taxes on investors and we're planning some webinars around this subject.
The past week saw a brilliant webinar by Alwyn Burger - Identifying Trading Ranges. The real power of the video was that he started with a clean chart and then we watched as he added his trend lines and other indicators, continually explaining his thinking. It is a hugely powerful video in which we essentially sat on a trader’s shoulder as he prepared for his trading week ahead.
Monday 12th at 8pm - Valuations: EV/EBITDA Model (Theory)
Thursday 22nd at 1pm - Which chart to use?
Week that was
Identifying Trading Ranges
Investing in debt instruments
International Commodity Futures
I love pizza, heck who doesn't? But a night out at the local pizzeria or even ordering in is not a cheap experience; so why not make it yourself? The main tool required is a pizza stone to cook it on and this will set you back a couple of hundred Rand. Then the fun starts as it is surprisingly easy and the whole family can get involved and make their favourite pizza, at a fraction of the cost. Pizza isn't the only favourite food that we can do at home while having fun and saving money; what about homemade burgers, toasted sandwiches and even steaks? Discover your kitchen, save money, have fun and eat quality food - it's an all round winner.
All the best
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