How To Invest In Cash In South Africa | Investing Basics For Beginners | Money Marx

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  • Опубликовано: 19 окт 2024

Комментарии • 6

  • @elardusfrench8882
    @elardusfrench8882 3 года назад +1

    This video was so catchy and that africanbank cough got me chuckling 😂

    • @MoneyMarx
      @MoneyMarx  3 года назад +1

      Haha jah we have to laugh about these things every now and again. :)

  • @mamoeanakubuzie8402
    @mamoeanakubuzie8402 3 года назад +1

    Hi Pieter, please do a video on life cover and death benefits and what things one should consider.

    • @MoneyMarx
      @MoneyMarx  3 года назад +1

      Hey Mamoeana. Sure thing. Those are both very important things to get in place even before thinking about investing. Will definitely make a video about these in the future. :)

  • @aw5453
    @aw5453 3 года назад +1

    Great video! You mentioned thyme bank goals savings account. I see ot has the highest potential interest for a cash savings account in SA. What got you to feel comfortable using it?(is it a potential africa bank 2.0 sitiation)

    • @MoneyMarx
      @MoneyMarx  3 года назад +1

      Hey AW. To be honest, I was a bit skeptical at first, especially considering what happened to African Bank. I did quite a lot of research and the general consensus is that people are quite happy with Tymebank. Those that claimed they lost money probably got caught up in some scam. Their client base has also grown tremendously the past year or so so I am rather comfortable keeping some money in it. I do split up my Emergency fund though in case something does happen so that I wont be left completely in pieces. But so far so good. They have a lekker interest rate and if the repo rate goes up again I'm sure they will also adapt their tiers accordingly.