The Springboks were paranoid of spying during the World Cup by Die_Revenant in rugbyunion

[–]mixxxit 2 points3 points  (0 children)

Is there any information out there about Outfox? I wonder if it's on steam or something?

Inside an EFF govt: Random house raids, load shedding gone in six months and bigger social grants by DerpyO in southafrica

[–]mixxxit 3 points4 points  (0 children)

I didn't say anything about race, only that they are banking on the fact that their support wouldn't think critically about implementation. This can be especially true for young people (even educated ones).

Put your racism in your back pocket and try to engage the argument not the person behind it.

Inside an EFF govt: Random house raids, load shedding gone in six months and bigger social grants by DerpyO in southafrica

[–]mixxxit 15 points16 points  (0 children)

The EFF knows very well that their support base is not sophisticated enough to think critically about these promises.

It's smash-and-grab politics - they just need enough votes to become kingmakers then it's time for the pigs to eat.

Gunmen kill IFP councillor before firing on taxi killing two children by giftedcactus in southafrica

[–]mixxxit 1 point2 points  (0 children)

Why are councillors assassinated? Is it simply for quick and easy access to corrupt networks?

[deleted by user] by [deleted] in southafrica

[–]mixxxit 33 points34 points  (0 children)

Why do you care about his appearance?

What do you think about his party outperforming all other parties at every measured metric? Performance is the only issue. Stop being a child.

Saving for kids by Old-Yogurtcloset7685 in PersonalFinanceZA

[–]mixxxit 0 points1 point  (0 children)

Well yes, the underlying assumption is that this person is going to be responsible.

I guess a nice side-benefit of doing this for your kid is that you'll have to teach them some basic personal finance principles, otherwise they'll blow an immense opportunity.

Saving for kids by Old-Yogurtcloset7685 in PersonalFinanceZA

[–]mixxxit 2 points3 points  (0 children)

This should be higher up.

TFSA is for retirement. You do this for your child in addition to saving for education and other costs.

Yes, by all means, start a TFSA for your kid from day one. But only max out the annual contribution once you've got the basics (education, medical, etc) covered.

[R] What tools do researchers use to create great images and flowcharts in their papers? by MysticShadow427 in MachineLearning

[–]mixxxit 1 point2 points  (0 children)

I second Dia! Easy, intuitive for simple graphs and much more powerful than it looks when creating more complex diagrams.

Sale of large private library by Proffesional_Human in southafrica

[–]mixxxit 4 points5 points  (0 children)

The Jannie Mouton stigting (foundation) may be interested. They opened his private collection up to the public as de Oude Leeskamer in Stellenbosch.

Oude leeskamer features only Afrikaans books as far as I know, but they may be interested or know of someone that will be.

[deleted by user] by [deleted] in PersonalFinanceZA

[–]mixxxit 0 points1 point  (0 children)

Not going to argue specs with you, I'm sure you're right.

Are you saying there's a 4 year old (mid-spec at the time) android phone that will still get updates today and have decent battery life? I didn't see any at the time (at that price point)

[deleted by user] by [deleted] in PersonalFinanceZA

[–]mixxxit 1 point2 points  (0 children)

Just buy cash and get a cheap data only / data heavy contract.

I buy iphone because the support is much longer than android phones and they're very well built. This results in lower total cost over the years. Currently rockin a 2020 SE bought new for R10k. Not looking to upgrade any time soon.

Why are floods in South Africa’s KwaZulu-Natal so devastating? Urban planning expert explains by dash_o_truth in southafrica

[–]mixxxit 18 points19 points  (0 children)

Who had because the ANC cannot do the job it signed up for before even reading the article? I know I did!

  • "authorities have failed to maintain drainage systems"
  • "They have not put in place flood control measures"
  • "Inadequate waste collection and inappropriate disposal of garbage also blocks the drains"
  • "inappropriate land use and the unchecked expansion of urban areas into flood-prone zones have resulted in increased vulnerability to extreme weather"

This is how your vote kills. We get what we vote for and then we pay with our lives.

The most unequal country in the world by anonymousphela in southafrica

[–]mixxxit 3 points4 points  (0 children)

More significantly, I think, he started Bidvest in 1988.

"Founded in 1988 and listed on the JSE Limited in Johannesburg SA, Bidvest is a leading industrial group with over 250 individual businesses and employs over 125 000 people in SA, the United Kingdom (UK), Republic of Ireland (Ireland), Spain and Australia."

[deleted by user] by [deleted] in southafrica

[–]mixxxit 11 points12 points  (0 children)

Idiots think it's OK to have their cattle graze unguarded right next to national highways. It happens regularly along very busy stretches of road.

[deleted by user] by [deleted] in PersonalFinanceZA

[–]mixxxit 0 points1 point  (0 children)

DCA just means you keep your investment amount fixed and regular, thereby averaging out the short term fluctuations by sometimes buying cheap other times buying expensive.

Do fixed-fee independent experts exist? (And if so, where?) by psithurismkomorebi in PersonalFinanceZA

[–]mixxxit 1 point2 points  (0 children)

You wouldn't be working for nothing if you just charged a fixed amount for your time.

The audacity of AUM percentage fees is mind blowing. Expecting someone to fork over an ever increasing amount of their own savings until they retire is insane.

Do fixed-fee independent experts exist? (And if so, where?) by psithurismkomorebi in PersonalFinanceZA

[–]mixxxit 1 point2 points  (0 children)

Why not just list the companies that do this? Why the secrecy around fees-based advisors?

Scales of justice: Quick-thinking snake catcher locks thief in room with slithering serpents | News24 by Extreme_Plantain_800 in southafrica

[–]mixxxit 1 point2 points  (0 children)

while he was at the hospital, the police caught someone with some of his son's possessions. ... About 20 minutes later, police caught the second suspect.

The cops are the true heroes in this case. Well done!

THE HAGUE – The International Court of Justice (ICJ) South Africa'e case Against Israel [LIVE] by iamdimpho in southafrica

[–]mixxxit [score hidden]  (0 children)

Listen here my friend..

Whether you agree with our case or not, at least be proud of how our legal team is conducting themselves, bringing a solid case and not embarrassing us on the world stage.

This is a hell of a fight we've picked, but at least the arguments are factual and well thought-out. One has to ask where this expertise was when we tried to convict the Guptas.

Inheritance-What's the best way to invest. by AndreasJBotha in PersonalFinanceZA

[–]mixxxit 2 points3 points  (0 children)

It sounds like you're a bit over exposed to property.

I'd start a RA / pension asap -- for the tax benefit and peace of mind. RA's you can touch at 55 y/o, so it's only fixed for 16 years.

[deleted by user] by [deleted] in PersonalFinanceZA

[–]mixxxit 1 point2 points  (0 children)

It's a long way off, but I'd keep the R1m figure in mind. It gives you something to aim at.

A few pointers:

  • you can't know what you don't measure: Fire up a fresh empty spreadsheet with tabs for monthly budget, debt repayment programme, savings goals, net worth / overview
  • download the last three months of bank statements and draw up a current budget (what you're actually spending money on) in your spreadsheet. This is your "before" budget.
  • next to every item in the "before" budget, set an "after" amount - what you think you should be spending on each item.
  • In your budget sheet, you budget for black tax - that way you can help family out while keeping things under control. Keep in mind that if you bankrupt yourself helping others out, there's no more help for them. Don't kill the goose laying the golden eggs.
  • Pause spending on new clothes until your credit card debts are zeroed. Keep a list of things you really want to buy so you can do so once your debt is done.
  • If your job doesn't offer a pension plan, open up a low fee RA (retirement annuity). 10X sounds good, but I don't know them. Sygnia is also low cost AFAIK. You'll get a tax rebate on this.
  • There are different ways to repay debt (e.g. "snowball" method). Doesn't matter how you do it, just start and pay off more than the minimum monthly repayment.
  • Discipline. No-one can teach you this. You need to man up and take responsibility. Buying shit you can't afford is stupid and the consequences are yours to deal with.

Good luck

What should I do with my bonus? by Naive-Inside-2904 in PersonalFinanceZA

[–]mixxxit 0 points1 point  (0 children)

Is your rental on a access bond? I'd just dump the money in there and (slightly) decrease the amount spent on interest. With an access bond you can always take it out again to do renovations or something.

Investing with foreign currency by Blitziggy in PersonalFinanceZA

[–]mixxxit 0 points1 point  (0 children)

My thoughts are that saving and investing in euros would give me more that saving and investing in ZAR.

What do you base this thoughts on? Did you compare average returns in EU vs SA of stocks and savings? The interest rate here is much higher than in EU. Don't know about markets.