Karin Richards, my dear wife of 38 years has sadly passed away, she had been ill for a very long time and fighting hard but unfortunately can fight no more. I am sure you will all miss her posts as will I.
Her loving husband.
Kevin Richards
Gold... gold... gold, you’re making me old! But only if I didn’t have you.
As of yesterday’s close, the JSE delivered a total return of 33.7% for 2025 thus far. However, if you had no gold counters in your portfolio, that return dropped to 18.9%. And if you also excluded the pure PGM miners, your return would have fallen further to just 15%.
@James_Morris_SA@FinanceGhost Here’s a few I can think of: lower crime rate than South Africa, lower individual tax rates, lower estate duty, no exchange controls…..
The thing I love most about communists is their deep understanding of how business actually works.
It's inspiring. Truly, even if I tried multiple illicit substances at once, I could never get close to this level of clarity on how less revenue = more jobs.
Genius. 4D chess.
The constant bickering between the @Our_DA and @Action4SA just proves why so many South Africans are disillusioned with politics. These parties say they have our best interests at heart and then squabble with each other to the detriment of all South Africans.
I will never trust any politician that gets their salary every month regardless of their performance. Somehow we've allowed these people to be immune from consequence and we are the ones paying for their foolishness.
1/3 S&P500: We are in a bull market that has endured since the Great Depression. It will end. And it will be ugly.
Every major top needs a catalyst for a final melt-up.
In this case it may well be Trumphoria.
My target (guess) for $SPX remains that it tops out at ±6160.
SA budget in a nutshell. We're funding handouts, not job creation, and social redress, not economic growth. Marxists will love it, but the country will pay a heavy price.