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"Save for the future"!

  • Writer: Placidbull Financial Markets
    Placidbull Financial Markets
  • Mar 24, 2021
  • 2 min read

As soon as you receive your 1st pay,well everyone will become an "outstanding financial advisor"!









The South Africa finance landscape is predominantly white-ish and the congolose Gov is yet to deliver on its promises of a racially balanced JSE. To most blacks in South Africa if not 90%, investing only means one thing, take a 31 days notice "investment" at the bank. Psssssstttt which is some old bantu education mentality.


Banks make more coin from you than you will receive with that "capped interest rate" bulls#t. If the pandemic has taught us anything, is that banks are just "middle-men" that charge exorbitant fees for ROI of peanuts. The central banks in the world squeezed the repo rate to a near 0% to allow money to flow, now this was the perfect time to get in the game of INVESTMENTS property values took a hammering which meant those who had the coin, bought and now that things are returning to normalcy, they can sell for a pretty profit.



Now, the "born-free" and Gen-Z generations are rewriting the code to wealth, with almost everything moving to the digital realm you can be certain that if you don't adapt you will most certainly perish. The following are the current well generators of the 2021's:

-ETF's/Stocks

-Forex

-Property

-Cryptocurrency

-NFT's


There's no overnight success in of those options but there's certainly an over 5 years success to be thought of. Like we saw with Bitcoin, it hit highs in the 2016/17 years and dropped but now you can say its bag with a vengeance as it gaining adopters from major corporate and fin-tech companies, hitting the high's of $60k. I know right! mind blowing!











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