We want divine intervention so that our lives will magically be easier.
But what about asking for fortitude and strength so you can do what you need to do?
I optimize for two things: Waking up energized and going to bed exhausted. The former means I’m doing things I enjoy with people I love. The latter means I did those things to the fullest extent of my ability. That’s my recipe for a good life.
🚨🚨 THE CAVE-IN IS OFFICIAL. StarLink path open
As we predicted, the South African government has finally blinked on the 30% local ownership deadlock. The B-BBEE ICT Sector Council has formally approved the "EEIP Framework"—a strategic policy shift that effectively clears the path for #Starlink to operate locally without being forced to sell equity to domestic partners. The door is officially open 🛰️🇿🇦 #Starlink #SouthAfrica #ICTSector
I’m entirely convinced that the key to life and happiness is having low expectations for things outside your control and high expectations for things within it.
“When I was young, I used to sell myself the best hour of the day to improve my mind .”
“And then the world could buy rest of my time. lo and behold, it worked.”
- Charlie Munger. 2007
RENT OR BUY?
The Big Debate is out, explained in under 12 minutes.
Send me your scenario & I will consider making an anonymous video about it.
Watch here 🎬
https://t.co/qIXyubvvZK
One innings to build wealth (career), and another one to live off that wealth (retirement).
(Or at least in South Africa where there is no significant government pension for a quality life)
Make sure you look after yourself. The SA Gov pension is R1980 per month (about $100pm)
RSA Retail Bonds has new rates for June! Looking very juicy indeed!
2Yr - 9.75%
3Yr - 10.5%
5Yr - 11.75%
So if you want to make a Million bucks in 5yrs you need R565000 with Interest reinvested! 🤑
https://t.co/zl36p1XAOc
🧵on flows...
The U.S. saw another heavy month of inflows for money market funds in May ($131.5bil). Bond funds saw inflows of $4.7bil, while equity funds saw $21.1bil in outflows, the fourth straight month of at least $10bil out.
Former Eskom CEO Andre de Ruyter said he probably underestimated when he put the amount of money that’s being stolen from the company at R1 billion a month.
https://t.co/vzOdM4E3v6