Investment ideas and recommendations

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Investment ideas and recommendations

Unread post by macdaddy » Wed Sep 16, 2020 9:25 am

Good day all,

I have had a look and can’t seem to see a topic on this subject.

I would like to get some recommendations from the knowledgeable members out there that have perhaps had experience in this regard.

Obviously with the economy the way it is and possible further devaluing of our Rand, I am looking at my best options for offshore investments. Emigration is also looking like an eventual option, but not at this stage.

One of my main investments in SA was in the property market, but have since sold the properties and am looking at investing the net proceeds elsewhere. My end goal is to look at purchasing a rental ski property in Europe, but that will only be in a couple of years from now.
Ideally I am looking at getting the money offshore into a Euro (possibly USD or GBP) investment account, where I will be able to eventually withdraw and make a payment from that account to another European account, avoiding having to bring it back to Rands to pay for the property to be purchased.

I have British Citizenship so not sure if I could benefit from that at all.

I am hoping on getting some valuable input.

Thank you!
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Re: Investment ideas and recommendations

Unread post by Jasondn78 » Wed Sep 16, 2020 11:59 am

Hi Macdaddy - I'm a financial planner that works with investments, so I would be happy to have a conversation with you to gain a little more understanding of your position and give you an idea of what the alternatives are.

My contact details are O71471202O or jason@nld.co.za
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Re: Investment ideas and recommendations

Unread post by Balloothebear » Wed Sep 16, 2020 2:44 pm

Mcdaddy...I see we are both close to FALE, please drop me a PM, lets have a beer and discuss.
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Re: Investment ideas and recommendations

Unread post by Falafel » Wed Sep 16, 2020 4:35 pm

Ah investment ideas.... many have many but remember a couple of things... and no please do not contact me :lol: I worked in this industry for a long time and became a cynic if the truth be told shortly thereafter....

1. One cannot be unbiased earning a commission IMHO

2. Watch the fees... that can kill your investment

3. Liquidity is important in a country such as SA... what it costs to get in, what it costs to get out

4. Often the actual share is better than the companies "investments"... big insurers work for shareholders more than policy holders. The CEO earns off his share options and not his endowment

5. Try and ignore the delayed tax benefits... the government is watching this and can change things on a whim

6. You living in a high risk country, dont invest additional funds here too... remember most of your assets are likely in SA, so diversify (overseas?)

7. If it sounds too good to be true, it most probably is... even if you mate says so

8. Past performance is no indication of future

9. Guarantees usually cost money... no such thing as a free lunch

10. Just because an advisor works for a large bank doesnt mean he/she is more honest... see 1. above

I'm sure others can add more to the above...
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Re: Investment ideas and recommendations

Unread post by Fransw » Thu Sep 17, 2020 8:13 am

Fixed term deposit at African bank, 12.2%. Not bad.. 5years
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Re: Investment ideas and recommendations

Unread post by 87Juliet » Thu Sep 17, 2020 8:39 am

Bitcoin.
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Re: Investment ideas and recommendations

Unread post by coline » Thu Sep 17, 2020 10:19 am

1 year oil futures
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Re: Investment ideas and recommendations

Unread post by Falafel » Thu Sep 17, 2020 10:59 am

Fransw wrote:
Thu Sep 17, 2020 8:13 am
Fixed term deposit at African bank, 12.2%. Not bad.. 5years
Tax ZAR Depreciation, low grade bank
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Re: Investment ideas and recommendations

Unread post by 87Juliet » Thu Sep 17, 2020 11:06 am

any investment in FIAT currency at this point is a bad idea.

If Warren Buffet and Robert Kiyosaki, as well as half of Wall Street, are buying millions of USD worth of Bitcoin then perhaps they know something we dont... Buffet and Kiyosaki say that BTC, Gold and Silver are their three investment buys at the moment.
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Re: Investment ideas and recommendations

Unread post by Falafel » Thu Sep 17, 2020 12:39 pm

87Juliet wrote:
Thu Sep 17, 2020 11:06 am
any investment in FIAT currency at this point is a bad idea.

If Warren Buffet and Robert Kiyosaki, as well as half of Wall Street, are buying millions of USD worth of Bitcoin then perhaps they know something we dont... Buffet and Kiyosaki say that BTC, Gold and Silver are their three investment buys at the moment.
OR they have made their money on it and its simply part of their diversification strategy... course they say that considering they are heavily in them... talk it up is also part of their strategy... the average Joe jumps in too late...
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Re: Investment ideas and recommendations

Unread post by rainier » Thu Sep 17, 2020 4:41 pm

coline wrote:
Thu Sep 17, 2020 10:19 am
1 year oil futures
That's a gamble.

But then, what isn't ?
Who said the sky is the limit ? I think not.
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Re: Investment ideas and recommendations

Unread post by Fransw » Thu Sep 17, 2020 5:23 pm

Do the right thing and invest in whisky! :smt023

https://www.whiskyinvestdirect.com/
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Re: Investment ideas and recommendations

Unread post by excolonial » Fri Sep 18, 2020 12:28 pm

Falafel pretty much hit the nail on the head. I would have a look at distressed corporates that have either government support or a real chance of recovery. Multiples to be had in these times.

Cryptos are as big a gamble as anything out there, but may be worth a punt if you are ahead of the wave...
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Re: Investment ideas and recommendations

Unread post by MemyselfandI » Fri Sep 18, 2020 1:35 pm

Bitcoin
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Re: Investment ideas and recommendations

Unread post by 87Juliet » Fri Sep 18, 2020 2:31 pm

excolonial wrote:
Fri Sep 18, 2020 12:28 pm
Falafel pretty much hit the nail on the head. I would have a look at distressed corporates that have either government support or a real chance of recovery. Multiples to be had in these times.

Cryptos are as big a gamble as anything out there, but may be worth a punt if you are ahead of the wave...
Bitcoin is just as volatile as any FIAT currency, the difference is that Bitcoin is still up 20% year on year.
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