Generational Wealth

In your 20's you should know this: 50% Needs - Food - Accommodation - Transport - Clothing 40 % Savings and investments - Debt repayment - Emergency Fund - Invest in yourself ( Skills set) - Invest in stock market 10% Wants - Entertainment - Luxuries - Splurge spending

@PearlThusi To all the Haters you are so Superficial and idiotical you don't get the message what an authentic, lovable man Warrick was to all those whose life he impacted. Pearl you and your daughter contributed to a beautiful send off❤️

People are really cruel here. Really cruel. And I want to say your words hurt. I hope we can put as much effort in saying hurtful things about me in finding a way to changing things so we can have a safer country. I am sorry that my vulnerability in that moment that it offended so many of you. I forgot that it’s not only people who knew Warras who’d be there. If we could now move on to something more important that could make a real difference to the situation.

The stock market can climb back from just about everything.

@IAmSteveHarvey Still have Al Green Whispers is an album everyone should hear Say Yes...

🎶 A little soul never hurt nobody. These right here? CLASSICS. 👏🏾 Some of my all-time favorite soul albums that shaped my love for good music — the kind that speaks to your heart and makes you feel something real. Which one of these do YOU still have on repeat? And tell me… what’s one soul album you think EVERYBODY should hear at least once? Drop your pick below ⬇️

The same concept happens in Sectional Title Living Living with Trustees and Managing Agents why isn't it also reported. Battle over security guards being paid R23,000 per month businesstech.co.za/news/governmen…

youtube.com/shorts/-EabK6a… Watch Gary's Economics

@DudeAdhd @MagnusHeystek The more inequality in the world escalates the more property prices in places like the Western Cape soar. Estates in Paarl sell out in hours...not days or weeks. I have watched Gary's Economics the best CitiBank Trader and Economist - you will find it mind blowing

@MagnusHeystek And this is destroying the sense of community, and is destroying the beautiful rural agricultural area. Hermanus is really crap to visit. Paarl (my wife’s home town) has changed - not for the better.

The more Johburg collapses the more property prices in the Western Cape soar. Have just spent two weeks in Hermanus/Paarl/Franshhoek/Cape Town looking at property and the prices are just INSANE. Estates in Paarl sell out in hours...not days or weeks.

@MagnusHeystek Perfect example of inequality where the middle class assets are stolen by the ultra rich who buy up all these assets all over the world. They go on to pay 0 to little tax and the working class 45%. We not stupid you just a thief with a license to steal.

The ultra rich are getting richer and the middle class is getting poorer because they pay all the taxes while the rich hide their wealth in offshore trust structures pay little to zero tax and buy up all the assets exacerbating inflation. dailyinvestor.com/property/82852…

@SimonPB This is alarming😲 the funds must be refunded what next🙈

My wife has money with RSA Retail Savings Bonds since April 2020 and it's been fine. Interest reinvested, duration extended and all been good. But this gives serious pause. 3/end

Horror story ±R300k illegally taken out of a RSA Retail Savings Bonds account. They story seems that a request for change of bank account was successfully made. Then a request for early withdraw of over R300k was successfully deposited into the scammers account. 1/n

@SthembisoD39724 @XekiHlongwane Add human trafficking

@XekiHlongwane International criminals paradise ,from Nigerians scammers to European drug dealers and African dictators and corrupt officials Playground

A normal day in Camps Bay 🥹

Liabilities only impress broke people

Don’t buy it because someone tells you to buy it - they won’t be around to tell you when to sell it.

As the world pages through the legacy of musician, performer and cultural activist and entrepreneur Quincy Jones, South Africa mourns the passing of this global icon who was a close friend of our country and our struggle for freedom. We recall his close relationship with our Founding President, Nelson Mandela, whose Inauguration he attended as part of a United States delegation. This year is a decade since South Africa inducted this great humanitarian as an Esteemed Member of our National Order of the Companions of OR Tambo in recognition of his excellent contribution to the cultural boycott imposed on South Africa to press white voters in the country to accept fundamental political change. “Q” played a key role in the cultural boycotts imposed on South Africa in the last half of the 20th Century. These boycotts placed necessary and very effective external pressure on the then Government of South Africa to democratise. The boycotts were efforts based on moral principles with the goal to bring home the costs of apartheid to white South Africans, thereby encouraging them to withhold support for apartheid and instead promote a radical restructuring of the South African political order. Quincy Jones became a cultural and political icon in South Africa when he was prepared to protest against South African politics, to refuse to visit South Africa, and to prevent his works from being made available to TV, cinema or video, and record/CD stores, despite being a highly successful record producer and artist in the USA. The stand he took highlighted the broader role of the artist in society, and he fought who fought relentlessly against forms of injustices found in his country and in South Africa. Quincy Jones was a formidable performer and creative genius whose most important characteristic was the generosity of spirit with which he collaborated with peers and inspired and opened doors for emerging talent. Through the nine decades of his life, the meter of his metronome became the beat of our hearts and feet as his mercurial creativity delighted us, stirred social consciousness and united diverse audiences globally in the in the chorus line of our shared human experience. May he rest in peace.

@SurenNaidoo @Moneyweb Because they vote for well above inflation increases at every AGM. Corrupt Service Providers and Trustees leading to high levies. Poor ROI hence there is a lack of willing buyers. A few SP taking from many units a very lucrative business that Balwin encourages hence poor share $

Bad times for residential developer Balwin Properties ... #MoneywebNews - By @SurenNaidoo moneyweb.co.za/investing/prop… via @Moneyweb

@MasekelaAli @Malatjie_ Apathetic and or ignorant owners a lovely combination for the managing agent and trustees hence they do little to improve attendance besides send 1 email 2 weeks prior to AGM. The less people ask questions the better. Get an owner's group going

@Malatjie_ I just got out of the Special General Meeting of ST with 300 units but only 24 owners attended. Issa mess.

Before you buy that sectional title unit at that nice suburb, please be sure to ask the body corp for their financial records and confirm if their affairs with the municipality are in order.

@duchessmarmite @whitehobo_inc @suencuben @Malatjie_ The only thing many investors want is a tenant they care less what the trustees do to mismanage funds of the scheme. Those costs are simply passed to the tenant. Trustees hide behind the MA and the MA hides behind the trustees leaving the system wide open to abuse

@whitehobo_inc @suencuben @Malatjie_ Genuine question - what is the reason for that?

When she wrote it and I felt it 💔 "It's about every young professional who joins EY filled with hopes and dreams, only to be crushed under the weight of unrealistic expectations" A young CA pass out in Nov 2023 working at EY Pune just passed away, out of stress and her mother pen down this letter in grief . @theicai @EYnews @nfrasocial

BREAKING: Warren Buffett of Berkshire Hathaway, $BRK.A, has updated his holdings. He reduced his Apple $AAPL by almost 50%. He added Ultra Beauty $ULTA for $266 million shares. He added Heico $HEI for $185 million shares.

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