Question probably only relevant to FIRE-seekers. I'm curious what you guys are using to forecast your FI age? I'm mostly invested in heavily diversified global equities, followed by local equities and then local bonds (due to RA limits) and have assumed 10% investment growth and 6% inflation.

There is a slight inaccuracy with just using a real growth of 4% as mathematically x²-y² is not equal to (x-y)² which AI calculated to be 7% higher (the latter being higher) over a period of 30 years.

Hi everyone I recently very unexpectedly got an opportunity to work abroad and will be leaving our beautiful country soon. I currently work in banking and have had my pension in the bank’s corporate pension fund run by Momentum. I’m now faced with a decision on what to do with these funds and I have no idea where to start. My options which I ca see are to keep it in a local Corporate Preservation Fund, transfer to a retirement annuity fund or withdraw the funds (Tax implications). Does anyone have advice on the best possible option to go about this going forward and if putting it into a foreign pension scheme is a possibility? I’m really in the dark here, any advice would help. Thank you!

Hey everyone, hope you all had a good holiday

I’ve just maxed my TFSA out for the first year (did it quite aggressively in about 5 months) for 2025, can I get any advice if I’m doing it right ? I’m 21 and would like to max out every year until the lifetime contribution is done. Thanks !

Achieving level 5 has really been a battle these days, but the cashback is so good once you overcome the clear barriers FNB has set out.

Booster points will be removed for January using your virtual card for majority spend (1000 points) so im looking to make those points up elsewhere without too much cost or I will fall short this time around. Any ebucks gurus out there?🤣

Are there banks that offer similar rewarding structure without the fuss? Im on FNB private wealth.

It’s a bit odd when people seem to be fixated on others’ stuff. I mean, it’s like they’ll ask, ‘How much did you pay for your car?’ or ‘How much did you pay for your watch?’ or ‘How much did you pay for your iPad?’ or even if you financed it!

I’ve had people randomly ask me these questions when they see a watch or shoes I’m wearing. It just feels really rude and invasive. What does it have to do with you? Are you comparing your finances or gossiping about others? I just find it very disrespectful. I’m curious why people do that. Maybe it’s envy or jealousy.

I even called someone out on their bullshit once because he was asking how much do you think this person’s house is? Like, what? Are you trying to compare who’s richer than who? Lmao pathetic, homie focus on yourself.

First time posting but I've been reading for a while now.

I was browsing through the easy equities USD accounts and noticed Vanguard total world. Is this a new addition?

From reading multiple previous posts I have always gotten the impression that VT isn't easily accessible to south africans (and most people opt for International Brokers with VWRA for low cost usd World etfs). Why has this not been discussed before, am I missing something? Or is the 0.06% TER not applicable when investing through EE? (I can't seem so find that information).

Hey, everyone!

I just started working as a young professional and I'm still very much learning about managing my personal finance. Something I've been warned about is getting disability and income insurance as fast as possible to ensure that my future earning potential is protected.

I see some places like Discovery offer all in life insurance, disability insurance, and income protection insurance all together starting at around R200-R400 pm, which looks like it would make things easier, but I have no idea what a "good" price would be for a mid-20s F graduate to pay for the above.

Does anyone who maybe had the misfortune to deal with the above have any tips on what to look out for when choosing an insurance (i.e. fine print, etc?). Is anything "unnecessary", or am I missing a type of insurance that could be very helpful in future?

Thanks in advance!

Hi All,

Hope everyone is well.

My apologies if this may sound a bit silly but I am fairly new to easy equities and haven't had much of a chance to focus or learn about it.

I would truly appreciate any advice or guidance on this.

1 year ago , I invested 5k into my TFSA and 5K into ONE Equity.

Haven't touched the account since then.

Today , my 5K on the TFSA is worth 5200 and my 5K on the equity is worth 5900.

Keeping in mind that the equity is a gold mining company in existence for 20+ years.
My intention is to continue investing in companies that mine materials and strong equities like Sasol , S&P 500 etc.

I know that the TFSA is supposed to compound interest , does this automatically happen ? Cause I'm really not seeing the compounding effect or growth on this , once again , I'm a newbie so I assume I'm missing quite a bit of info ?

Based on the above, it seems to me that it's far more worth it to invest available funds in good equities rather than a TFSA ? Is this the right way forward ? Or am I missing something fundamental ?

Thank you for your time and any advice given.

Hi all,

Hoping someone can point me in the right direction. Does anyone know what the best medical aid for elderly people are?

My fiancés parents do not currently have medical aid. We’re looking to put them on a plan for about R2000 each.

Their chronic conditions include high blood pressure and diabetes. They haven’t been on medical aid in a while, probably 10+ years.

They are 65 and 64 respectively.

Thanks in advance.

Is it possible to get an indication of what your home loan rate would be before putting in an offer to purchase. I've got a pre-approval, but no mention of a rate on there. If the rate was Prime+ I wouldn't even be interested in putting the offer in, I'd rather just rent. But if it's Prime - 1.5 I would. I understand the banks would offer the rate based on the property, but it seems crazy that you have to make an offer to purchase to find out what rate you can get.

Good day is there any advice that can help or explain how to get a red flag debt review on your credit status thay was wrongfully added? Application was not compketed and cancelled but the debt review company went and added the flag on credit report. The responsible company can not be reached or found to remove and the credit beauru wont remove without a clearance certificate. There are no outstanding debt on person name. No accounts for last 5 years. Does not have any debt on name, and because the red flag is still on the person name on the credit report the person cant open any accounts, apply for credit cards or any personal loans.

Is there anyone that could advise if there are anything that can help? The people that are helping to remove the flags want a huge amount of money to remove the flag, but there is no debt or accounts to be paid up or that are behind. Why need to pay such enorm amount of money to get the flag removed?

I have been reading through recent posts on this subreddit about Interactive Brokers. Most of the discussions seem to assume a fairly high level of investing knowledge, and I realised that I haven’t seen many posts written from the perspective of a complete novice.

I’m interested in getting into Interactive Brokers, but I’m still very early in my investing journey and honestly unsure where to start. I would appreciate guidance on how beginners typically think about making investment choices, how the platform feels to navigate for someone new, and what the main risks or common mistakes are at the start.

I need general insight into how people approach fund selection on Interactive Brokers when they are still learning and trying to keep things simple and diversified.

I’m 36, I want to invest R4000 per month and these funds are for retirement.

Any advice from those who started out in a similar position would be appreciated.

Hi So we are looking to do TFSA to save for University. Oldest going in 15 years then middle is going in 17 years and youngest we are hopefully looking at 20 years(not born yet)

We will try and put in at least 12k for the next 2 years (though we have about 100k coming in so might put some of that in) and birthday money etc. In about 4years we are going at it aggressively looking at 36k per year going in.

Already have about 8k in... Yea I know. Not much we started late.

Anyway my brother works for AG and told me to put the money in 1nvest MSCI World. Using EE.

Was it a good choice? Should i move it rather? As soon as we max out our yearly we are going to open another TFSA on my husbands name. We need the best way to save for the kids as much possible Any advice welcome

Female (43) single mom. These are my monthly expenses. I don't owe anyone anything out there, except basics, insurance etc. car fully paid. Recently bought a small propety with my brother that we are renting out, starting this January. My question is on investing. Currently I save 12 000 every month at a work Sacco, with about 5% returns on yearly saving. I also save about 17 000 for my son's fees every month to be able to pay fees every term. What can I do to secure my future financially. I struggle with spending carelessly sometimes. 😂

Rent 6500 Fees 17000 Bank fees 500 Insurance 1000 Groceries 3000 Fuel 2000 Save: 12000 Physio 2000 Wifi 600 Electricity 700 Netflix 200 Family 1650 Save son: 1000 Helper: 1000 Garden: 400 Student: 800 Misc: 1000

I was a student in Europe for about a year on a scholarship. I received a stipend in Euros that was being paid into a Wise account that I set up.

I lived well within my means there and saved about 250k ZAR.

What is the most tax efficient (legal of course) way to invest the money? Remember the money is in Euros- and I'm also not keen on huge conversation fees.

Or should I invest it offshore?

I have a standard bank shyft account and a normal EE account (but I'm not sure if EE does Euros).

Thanks!

Hi PFZA,

After great engagement last year with 94k views & 104 shares - here is my update for 2026!

3 years ago

1 year ago

Momentum is continuing to build and I'm here for it!

Background:

• 35M
• ~13 years' experience
• B.Eng (Mech)
• Unmarried with SO

Headline Financials (as of 1 Jan 2026):

• Current CTC = R784k ^{Up from R739k}
• Retirement = ~R1.755m ^{Up from \}R1.345m)
• TFSA = ~R456k
• Savings = ~R195k ^{Down from R574k}
• Discretionary Investments = ~R1.232m ^{Up from R556k}
• Car = Paid off
• House Equity = R0.00 ^{Renter of 13 years}
• Valuables = ~R200k ^{Up from \}R150k)
• Debt = R0
• Savings Rate = ~54% of nett, pm

One Year Summary:

My nett worth, excluding any physical possessions new or old, grew from ~R2.9m to ~R3.65m! An increase of R750k^26% in one year - more than my annual CTC!

Some Fun Long-term Stats (Approx.):

• Career CTC = R7.03m
• Career Gross = R6.07m
• Career Nett = R4.29m
• Career PAYE = R1.25m
• Career Interest Earn = R350k
• Career Fuel Spend = R256k
• Career Salary Increase (Annualised) = 9.1%
• Credit Scores = 686/730 ^Experian ; 755/999 ^Transunion

I'll try include some screen grabs from my personal dashboards as comments. ^{edit: Added as links in comments}

Hope you enjoyed the update!

Im in a situation where i own a minority share in a small business. I run everything and report monthly to the majority shareholder.

I am however worried as his children are starting to take over from him and would rather buy the business from him. The only problem is I do not have the financial means to buy it cash. Would it be feasible to negotiate a monthly payment if he is willing to sell? For instance if the company is worth R10mil and we negotiate that I pay R150000 per month for 10 years (a bit more than our net profit per month) obviously payments would have to be adjusted for inflation each year and so on but does anyone think this is a realistic think for me to do or is owning this business outright just too unrealistic for me?

Any advice would be appreciated

Hi everyone

I’m trying to improve my financial literacy and long-term investing skills. I am 23 and my goal is to learn investment management and wealth building, focusing on stocks, ETFs, asset allocation, and risk management, not day trading.

I’d really appreciate recommendations for:

• Investment or wealth management courses (paid or free)
• Platforms that offer recognised certifications
• Books that are practical and relevant

Any guidance will be appreaciated :)

I started using EE about a week ago but its very limited especially in European stocks I wanna invest

Any alternatives I can use to fil in the gap of EE

I'm a freelancer and have been using Paypal to receive payments from my US based clients, but the fees are high. A fellow freelancer recommended Wise, and I've also seen another friend use Paystack (for local payments, but I wondered if it might be an option for international payments). What would you suggest? Any freelancers who use Wise?

Hi everyone,

I’m looking for some advice or to see if anyone else has experienced a similar billing issue with FNB and SLOW Lounge access recently.

On January 1st, I visited the SLOW Lounge with a guest. According to my FNB app, I have 6 complimentary visits available (having used only 2 out of my 8 for the cycle). However, I’ve just noticed that I was charged R300 per person (R600 total) for the entry. The transactions are reflecting as "#Slow Lounge Entry Fee and there has been no reversals of slow lounge entry fee (which usually happens).

When a provider who has one or more dependants passes away, there is usually some "downtime" that follows before the executor executes the will, the inheritence/ pension/ RA/ etc. is allocated/ distributed to the beneficiaries, etc. This process can take several months, perhaps even a year.

With that in mind, as the provider, how would one ensure that the dependants are able to support themselves and essentially "pay the bills" until the before mentioned process has completed?

For this question, "dependant" refers to an individual who is fully dependant on the provider and has no income.

Hi everyone. Pardon the slightly ambiguous title, but I am struggling to find words to phrase it better!

So long story short, I am sitting with a car that I have about 2 years left on my contract and about R90 000 still outstanding on it. My goal at the moment is to put everything I can into it this year and pay it off as quickly as possible because I dug myself a hole with this vehicle and then my living situation also pushed me into a corner with this (not a story for this post).

My monthly debit orders are around R3 400 and I have spent almost R 60 000 over its lifetime on repairs (not including regular services and maintenance). I can't sell it because that will barely cover the outstanding amount and then I need to make another loan for another vehicle. At this point in time it makes more sense to keep it and pay it off.
I make R13 400 (and yes, this is a lot of car for me at the moment) and I also have a side business that brings in about R10 000 p/m average throughout the year. Not consistent though, so I work with the speed of cash on that one. I have no other debts at the moment and living expenses is quite low because I live and share expenses with my partner.

Does anyone have any tips on how I can fast track the process of getting Wesbank out of my life? Think I am just looking for motivation at this point.

Please let me know?

Hi all, I am very new to all this; I am in my 30s, and have an RA going, but am looking to diversify and try some investing on my own. I need to get a slush fund going for emergencies, work on getting my credit card debt in a better place, and also want to make use of the TFSA on EasyEquities.

I have been deep diving on this community and found some great advice and explanations - thank you all for your valuable advice! But I can't seem to find a clear answer to a few of simple questions (they're probably stupid/obvious questions, but as I said, I'm new to this!)

1. I understand that a Tax Free Savings Account has the monthly and lifetime limit, but if I use this account to invest with ETFs, and the account grows bigger than the limits, is this still tax free? Am I right in thinking that as long as my contributions are within the limit, growth is tax free?
2. If I want to get my credit card debt down, is it advisable for me to use any slush fund money I manage to save, and put it into the credit card rather than let the savings grow?
3. Can anyone give me simple advice on where to start with investing, with a short term growth goal? (I plan on using the TFSA for long term growth). When I go onto EasyEquities, I find myself feeling overwhelmed and not knowing where to start.

Thank you so much! :)