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@iamkoshiek@iamkoshiek big fan of your thought process over the years. Maybe we could one day engage on a realistic literacy campaign to throw some light on the new world thought process of prudent personal investment.
@iamkoshiek Super valid and strong points in this thread. The biggest gap lays in the dismal lack of understanding of how to invest for yourself from the vast majority of even income earners.
@iamkoshiek Marry that lack to the "its complicated" stigma and you have a great recipe to bake a dish of dependancy to underperformance in return and victim to an MTI level scam.
$USDZAR:14.50 was rejected multiple times proving to be a strong support zone and the market has maintained a flow of higher highs ever since. A pullback will see the market completing the right shoulder where we could see a target of the previous high around 15.73.
seemingly fail those that look to them for proper control? Not going to get into the debate of corruption but rather looking for an engaging solution to those willing to contribute towards a colab solution #covid19SA#COVID19vaccine
With the #SAGovt really delivering shocking #vaccine funding coverage, is there no coalition initiative for SME's to contribute towards vaccine funding for its employees and direct family? Surely there must be more we can do to achieve herd immunity when the powers that be.......
It scares me that so many people are willing to talk about Regulation 28, SARB and ETFs with limited knowledge. Sygnia obtained a legal opinion from one of the top 4 legal firms before making any statements.
Now that the world needs scientists & doctors, hopefully all the smart kids will change direction & stay away from financial mkts, where their algorithms have given volatility a new meaning. Leave financial mkts to the dumb kids. They were just fine until you came along.
What does a transition from lockdown look like? Open corporate SA at 30% staff capacity (people working from home is fine). Open mines & manufacture at 50% capacity. Open domestic shops with max on number of people per sq m. Mandatory face masks. Open day care centers. Sell wine!
In SA, I think malls will endure longer. Doing deliveries in townships face too many practical issues. Discretionary spending (like all countries) will take a hit though from economic fallout and lack of confidence.
I think in developed markets, malls are finished (or will greatly reduce in numbers and size). Online retail was already taking over, and virus will simply accelerate matters.