Engineering Personal Finance 💰📈

Personal Finance Enthusiast📈 Building wealth through boring index funds, Crypto, and other investments
📈💶💰💰💰

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@MoneyRehab_ Because the 4% rule is based on investing in mixed portoflio of stocks/bonds delivering returns circa 7%to12%. 4% withdrawal is net of inflation and fees and based on 30 year horizon. Bond rate is similar returns at the moment but will change in future so not garrantued long-term

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@AndreBothmaTax Please can you do a tutorial for foreign income earned that's not on an irp5 form?

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@charldin1 95% is in either STXWDM or GLOBAL, returns since opening my TFSA account was been 17% per annum

[Engineering Personal Finance 💰📈 @Eng_PFinance]

TFSA growth breached the R200k mark today, compound interest starting to show momentum 📈

[Engineering Personal Finance 💰📈 @Eng_PFinance]

https://t.co/uVyripe3rJ

Year on year, invest offshore

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@Lusa_Nora @Melisha_Empire Buy STXWDM or 10X Global in Tfsa, usd ETFs outside tfsa like VTI or VOO, doesnt have to be from EE can also be another broker

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@ClarenceArends2 High interest rates combined with an asset that depreciates over time is a wealth killer.

If you have a paid off house great, everyone deserves that, only referring to past performance

[The Finance Ghost @FinanceGhost]

The South African middle class:

Salary increase: 5%

Woolworths Fashion Beauty Home inflation: 11.4%
Woolworths Food inflation: 9.1%
Clicks inflation: 7.5%

Spot the problem yet?

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@pinkysithole17 🔥🔥🔥

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@Melisha_Empire 25-40% is the goal, in 4 years' time you have a years salary, pushing to have $100k invested before 30, or at least by 33. Charlie munger always advocated for the first 100k being the hardest

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@keletsov_malepe Unfortunate, gone are the good days of PPE pumping 5-10% a day. Sold all my position, didnt make a loss at least but would have been better off selling original stake at R3

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@EasyEquities TfSA is max'ed out but still showing thrive level 0

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@EasyEquities TFSA is maxed out, how do you check thrive is level 3?

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@keletsov_malepe Thanks! Mine is also showing level 0 although TFSA is maxed out

[Engineering Personal Finance 💰📈 @Eng_PFinance]

I've added $GLOBAL to my investments on @EasyEquities! Join me and 2 million other investors https://t.co/3M25JNCDuh #equities #property #crypto #managed #DIY #ETFs

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@MoneyRehab_ Tickets are 950 euro on the official website, these are scams

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@JuniorBuffett Where do you find this? Its not on my easyequities account?

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@AndreBothmaTax @AndreBothmaTax great value to your videos Andre!! Any chance you can help those working abroad and earning foreign income how to complete the efilling so that they arent taxed if earning under the 1.25 cap? What about double tax agreements? 👏

[Engineering Personal Finance 💰📈 @Eng_PFinance]

@talkcentss Presume this is in SA, if so then no, house prices dont appreciate fast enough, sell the house, rent and top up your TFSA