Vista Wealth SA

Financial advice, Stockbroking, Offshore investing, Retirement planning and investing

[Vista Wealth SA @VistaWealthSA]

Five tips for making your offshore investment journey easy, safe, tax and cost efficient https://t.co/Vm1H7emJNy

[Ivo Vegter @IvoVegter]

What's the bet Eskom burns through its entire year's diesel budget before the elections, and come winter, we get Stage 6 again?

[Brent Lindeque @BrentLindeque]

There are 40 days to the South African elections.

This photo went viral exactly 1,461 days ago. We were 24 days into the South African lockdown. The government made buying alcohol illegal (among other things like roast chickens, flip-flops, and dog toys).

So, some shops started grouping these ingredients together. You know… to make pineapple “slushies”.

2 days later, the government made buying yeast illegal.

Friends, the government made buying yeast illegal “to save us from Covid”.

You cannot make this stuff up. We are literally living in a movie.

And ja, this is a middle-class “problem”. But at the same time, millions of South Africans were left destitute. Hungry. Without any help from the government.

The same government that “ drips” in Dolce and Gabbana tracksuits, drinks Veuve instead of water and keeps millions on its couches.

We are not the poorest country in the world, but we’re “up there” with over 90% of our population living below the dignity line. And in that percentile, over 55% of South Africans live below the poverty line. This means that over 4,5 million kids go to bed hungry every night. Many South Africans don’t have access to clean water, or toilets, or a safe space to sleep. It is tragic. You could link poverty to crime, some do, and our crime stats will send shivers down your spine. Over 85 people are murdered in South Africa every single day. We have 170 sexual offences every single. And 1,183 assaults every single day.

While many South Africans go hungry and face crime head-on, our government officials live very lush lives and earn anywhere between R2.5 million to R4.4 million a year (this does not include corruption and hand-shake deals).

Perspective: earning R2,5 million a year means you earn roughly R6,849 a day. What is the current “Social Relief Grant” sitting at? R350 per month. That is less than 0.1% of what a government official earns monthly. Perspective indeed.

The “Business Tech” article that explains how inflated their salaries are goes on to talk about all the benefits they get.

“If these salaries are not already out of touch with the rest of the country, these millionaire public servants also enjoy an entire spread of tax-free benefits and perks, all paid for by the South African taxpayer. This includes over R3 billion worth of private VIP security, free electricity, water, transport and air travel, and multiple state-owned houses worth millions (including their maintenance and property taxes).”

Imagine if the South African government put the people of South Africa before themselves?

There are 40 days to the South African elections.

We need to stop imagining. And make it actually happen.

Just my 2 cents.

Also, I will have a pineapple something-something today to remember that crazy time.

Okay. Love you. Bye.

[Magnus de Wet @MagnusDeWet]

https://t.co/apN5bpe4YU

[Living Artist Empori @laejhb1]

Our new website is live! Shop online and get a 30% discount!
https://t.co/8hJPh0RsPr
Contact [phone] [email protected]
#LAE #LAEHQ #johannesburg #southafrica #Sandton #capetown #Durban #Pretoria #joburg #southafrica

[Vista Wealth SA @VistaWealthSA]

Research by @ninetyone_sa found that timing the currency conversion when investing offshore does not have a material impact on an offshore investment’s overall return in the long term. Shortened version here https://t.co/d8jhgMZwhd

[Living Artist Empori @laejhb1]

Artist Mbongeni Mhlongo

Now available at the LAE Gallery or online at https://t.co/8hJPh0RsPr
Contact [phone] [email protected]
#LAE #LAEHQ #johannesburg #southafrica #Sandton #capetown #Durban #Pretoria #Springboks #joburg #africa #MbongeniMhlongo

[SABC News @SABCNews]

BREAKING NEWS | The Reserve Bank's Monetary Policy Commitee has decided to keep the repo rate unchanged at 8.25%.

[Vista Wealth SA @VistaWealthSA]

Our theme this month is how to stay informed without getting overwhelmed by the constant influx of negative information – Fandom initiated by Arnold Schwarzenegger and promoted to South Africans by our own @GoodThingsGuy https://t.co/K75aCxO88C

[eNCA @eNCA]

[BREAKING NEWS] Eskom suspends Head of Security Karen Pillay to allow investigations into allegations against her to continue unhindered. Pillay has been placed on precautionary suspension pending the finalisation and outcome of the probe into awarding of Fidelity tender #DStv403

[Vista Wealth SA @VistaWealthSA]

NO LAUGHING MATTER... South Africans are poorer because of the accusations against these men. More about this, the weak rand, high interest rates and inflation in our latest newsletter https://t.co/fnq3uBiu7G

[Vista Wealth SA @VistaWealthSA]

PRIME drinks does not excite us... but PRIME interest (currently at 11.25%) creates opportunities for savers and investors. See the best INTEREST EARNING OPPORTUNITIES currently available in the SA market in our latest newsletter https://t.co/lYazABMMfs #investec #outvest #absa

[Vista Wealth SA @VistaWealthSA]

"Curate's egg" is how we described the first quarter of 2023 in our latest newsletter https://t.co/0yJK0Glldu

[Vista Wealth SA @VistaWealthSA]

Fed presses ahead with quarter-point rate rise despite banking turmoil https://t.co/NJKR4g51jQ

[Vista Wealth SA @VistaWealthSA]

We're still bullish Emerging Markets, especially China, India and South Africa. See why in our latest newsletter... https://t.co/A6ItZCePCF

[Vista Wealth SA @VistaWealthSA]

Buckle up, the next few months are going to be a bumpy ride! Soft or hard landing? Interest rate – hikes or paused? China reopening has legs? Russia/Ukraine truce? Europe – energy or labour crisis? A summary of this and more here https://t.co/PAliEHklaO

[Vista Wealth SA @VistaWealthSA]

3 great investment opportunities that provide:

- Offshore equity market exposure

- Capital protection

- Geared positive returns

https://t.co/ozF4ctZawU

[Vista Wealth SA @VistaWealthSA]

What went wrong with the markets in September? A reminder that it’s always darkest before dawn... This and much more in our latest newsletter https://t.co/qgbeU3mdLl

[Moneyweb News @Moneyweb]

[BREAKING] The @SAReserveBank hiked the repo rate by 75bps.

Most of #Moneyweb's community polled had expected this hike.
#SARBMPCSEP22 #Sarb #InterestRate
https://t.co/3V7A0wjrz7

[Vista Wealth SA @VistaWealthSA]

Great investment opportunity! Offshore equity exposure with 100% capital protection and 2 X geared returns. Minimum R50k. Closes on 30 September'22 https://t.co/1eZ2mp4L3H