How to get the Highest Return on R1000 | South Africa
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- Опубліковано 17 чер 2024
- With a budget of only R1000, which investment in South Africa is likely to give you the highest return on your money?
In this video, we look at the top five investments you can make in South Africa with only R1000 to beat inflation, protect your savings and grow your wealth.
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TIMESTAMPS:
00:00 Introduction
00:45 5th Place - Cash
02:59 4th Place - Property
05:34 3rd Place - Precious Metals
08:04 2nd Place - Shares
10:10 The Best Performing Asset Class
12:55 How to Invest Safely
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DISCLAIMER
The information contained in this video is not intended as, and should not be understood or construed as, financial advice. None of the opinions expressed by the authors should be interpreted as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.
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Thanks for your support!
I love seeing these SA focused videos made by SAns! Well done gents, I'll be watching.
Hi Dumakude
Thank you for the great feedback. We love hearing from our subscribers.
We look forward to having you along for the journey Dumakude.
All the best,
Timm & Justin
Wow so glad I stumbled across your channel u got my sub immediately,so excited to check out your other vids🙏
Hi Isodor
Thank you for the great feedback😉
We love hearing from our new subscribers🙌
We really hope you enjoy the videos on our channel, we have something for everyone.
We look forward to having you along for the journey Isodor.
All the best,
Timm & Justin
What a brilliant and informative video. Keep it up!
Thank you for the awesome feedback @darkdini1 😉
We really appreciate it.
Have a look at our community Tab.
We're giving away a FREE Small Business Start up Guide for Black Friday. (No catches!)
We look forward to having you along for the journey.
All the best,
Justin & Timm
Thanks this was really helpful.
Hi Alrich
It's a big pleasure. 😉
Thanks for the great feedback.🔥
Goodluck with your investing journey.
All the best,
Timm & Justin
Thank you so much for this Research. I always find videos from outside
Hi @smangalisokhanyile
It's a big pleasure 😀
We're looking forward to having you along for the journey.
Keep learning about finance and investment. 🇿🇦😉 Its so important for our generation and those to come.
All the best Smangaliso,
Timm & Justin
Thank you so.much for sharing , I LEARNED so much THANKS.
Hi Joy
We love receiving comments like yours 🇿🇦😃
We are so glad to hear you enjoyed the video and learnt a lot.
We look forward to having you along for the journey.
Wishing you a wonderful weekend further.
All the best Joy,
Justin & Timm
Thank you for your research👌
It's a big pleasure Robert. 😀
Thank you for your support.🙏
All the best,
Timm & Justin
I am grateful for this channel.
Keep up the good work.
Thank you @KreatOr. 👊 We love hearing that.
We look forward to having you along for the journey.
Have a great week.
All the best,
Timm & Justin
Good informative content thank u
It's a pleasure Sihle 😃
We're glad you enjoyed the video.
We look forward to sharing this investing journey with you 🇿🇦
All the best Sihle,
Timm & Justin
The video I've been yearning for,Thanx guys you are helping a lot
It's a big pleasure Eleazer 😀
We're so glad you enjoyed the video and that it added value.
We are excited to have you along for the journey.
All the best with your investments Eleazer.
Justin & Timm
dang it! bitcoin bros😅 (no offense 🤭)
But i took a nice scroll through your channel and there's other personal finance videos like this as well so hey guys, new subbie here lol 😊😊 Thanks for this video!
Hi Robyn
You made us chuckle 😁
Thank you for reaching out and engaging.
Yea, we've been investing for cumulatively over 25 years in assets classes like Equities, Property, Precious Metals etc., and were sceptical or perhaps unsure of Bitcoin at first too, especially when you listen to the Media who vilify it. But when the media says one thing, it's generally an indication that the opposite is true 😅
Now after years of learning about Bitcoin literally every day, we see it for what it is, the greatest opportunity for financial inclusion. 👏
Bitcoin is a return to the old ways believe it or not, where Saving was enough. With Bitcoin all you need to do is Buy and Hold for 4-5 years. No fancy strategy is necessary.
In the old days you didn't need to buy a property, become a landlord while still being full employed just to survive. You didn't need to be a part time asset manager over your investments because the money (the Rand) held its value relatively well. The USD was backed by Gold and was redeemable for Gold.
Now all we hold is monopoly money with Mandela's face on it. It has zero actual value. And this is reflected in the weakness of the Rand, and the insane levels of inflation.🤯
Anyway, if you want to know why we're so pro-Bitcoin and find out what do Money Reimagined know that I don't, we'll happily give you our E-book for free which looks into monetary history and explains step by step how gold failed, how the currencies of today came about, and how Bitcoin improves on the monetary properties of other currencies.
We're happy to have you along for the journey Robyn.
Wishing you all the best,
Timm & Justin
It's great to find your knowledge and grow from. Though I live in Ireland, I am considering investing in property in SA. Feeling abit blind but your input really helps. Thank you
Hi Juan
Thank you for the great feedback. 😀
Yes property is a powerful asset class.
We've actually filmed a video on how to buy property remotely. We will be releasing it in the upcoming weeks if you're interested.
If you go to our Property Strategy Video (link below) we're also giving away a free Powerful Property Course for Beginners!
ua-cam.com/video/7pHZCqw304c/v-deo.htmlfeature=shared
We hope this helps Juan. 😉
We look forward to having you along for the journey.
All the best with your investments,
Timm & Justin
@moneyreimagined ahoy lads . So I think you are located in Cape Town. My next question is, where is the best? I grew up in Stellenbosch a Stellie. My thinking would be investing around this area posibly Strand to fit in the mid market. What's your advice? Cheers, I look forward to learning with you at hand.
Hi Juan
Yes it's often best to buy in an area that you're familiar with when starting out. And as you progress and become more experienced, you can start investing in other areas.
Many people don't believe it's still possible to buy property in the R500 000 - R700 000 range in Cape Town, but we've got a video coming out soon on how to find exactly such deals in Cape Town.
We have managed to find good deals in this price range in Kraaifontein (Buh-Rein), Gordon's Bay and Bellville (Oakglen).
And the units have been beautiful with a good rental return.
It would be a good starting point.
Hope that helps Juan. 😀
Timm & Justin
@moneyreimagined I msg you on the invite for the course for beginners. I'm looking forward to starting this
Hi Juan
Awesome 👌
I've replied to you with the course link.
Let me know if you don't get it. 👊
Why invest in your own property if you can just invest into reits, a much larger property portfolio? Maybe if housing market goes down you dont get dividend payments?
Thanks for the voucher!
Hi Ross
Great question.
There are definitely pros and cons of each type of Property Investment.
Also every investor has different goals, capabilities and time that they can dedicate to Investing.
Investing in Reits for example is much easier and less time consuming.
Here are some pros and cons off the top of my head.
REITS:
Pros:
-Easy to invest
-Low barrier to entry
-Diversified
-Liquid (can buy and sell quickly)
-Can get offshore exposure (sometimes)
-Dividend income
-Capital appreciation
Cons:
-Can't use other peoples money to buy Reits (finance)
-Can't leverage Reits (for example re-financing)
-No real control over your investment (you can't do anything to directly increase returns)
-No real tax advantages
PHYSICAL PROPERTY:
Pros:
-You can use other people's money to buy a property.
-Tenants pay for a large portion of the property cost.
-Once the capital value of the property has grown, and you've made some progress with paying off the bond, there is equity in the Property. You can refinance the property (get another loan) and use this money to put a deposit down on a new property. You are essentially getting money tax free out of the property to use on another deal. Another way of looking at it is, if you had put a deposit down of R100 000 on a property, and after a few years you managed to refinance the house, you can get your R100 000 out tax free (it's another loan) and then because you essentially got your starting capital / money back, any return you make on this property is now an infinite return because it cost you RNil.
-You learn many skills along the way.
-if you own a property and you rent it out, you are now running a business. This means you get to claim all kinds of expenditure for tax purposes. Because you're managing the property, you can now dedicate a room in your personal residence as a "home office". And now a percentage of many costs that before you paid out of after tax income (salary) you can now claim through your property business (before tax) e.g. claim some of your WiFi, domestic cleaners wages, a new laptop for yourself, some travel expenses, furniture for your home office, airtime for your cellphone, levies on the property etc. This means you can make your property investment business run at a loss.
Now if your investment property is in your own name, this loss you've generated in your Investing business can get you refunds from SARS. If the loss is offset against your salary, now suddenly you're getting money back from SARS. (Have a look at our Property Secrets Video)
-If you use debt to finance an investment, your return on investment is much larger. (Because you used less of your own money)
-There is a lot you can do to directly impact your return on investment e.g. renovate the property, partly furnish the property so you can charge higher rental, you can buy in a better part of the city, you can let out a granny flat on the property so you're earning two incomes, you can change from long term rentals to an Airbnb strategy thus generating more income, there are countless ways to increase your return.
-You have control over your investment. No CEO of another company can impact your returns.
Cons:
-Can be time consuming
-Steeper learning curve
-Requires more money upfront
-If you don't follow best practices, you can get bad tenants.
-if you don't get agents to manage the property then you will have to manage tenants which isn't always fun.
-More illiquid than Reits (selling takes time)
-More likely to get audited by SARS (if you're making losses on your investment)
I hope that gives some insight into the fact that each investment method has things going for it.
It just depends on your goals and strategy.
And you don't have to choose one or the other. You can do a bit of both.
Goodluck Ross 😉
Timm & Justin
the costs associated with purchasing and withdrawing on Luna will probably be higher than buying bitcoin on easy equities? Whats your view
Hi Elaine
We've never used EasyCrypto personally.
We've quickly had a look for you:
Luno:
Deposit - free
Instant Buy - 1.10%
Market Buy - 0.4%
EasyCrypto:
Deposits - free
Transaction fee: 0.25% + 0.075%
There may be a few fees I missed.
If you buy Bitcoin on Luno using our code you'll get R200 free Bitcoin which will offset some of the fees 😁
All the best,
Timm & Justin
Hi, guys what do you think of polkadot? I'm getting 12% pa.
Hi Charles
Thank you for reaching out.
Good question!
Based on years of research and being in this space, it is clear to us that any crypto other than Bitcoin is inferior - for many reasons.
Yes one can potentially get good gains from putting your money into different cryptos, but it's similar to a lottery with no fundamental value. You probably have the same chance of winning the lottery. Or losing all your money.
With Bitcoin you can be sure that:
• The investment is decentralised (it has no owner who can control it)
• It has the longest and best track record.
• It is the scarcest asset in the world meaning no one can dilute your investment like our government dilutes the Rand and makes us poorer as a result.
• It has been legitimised many times (the country of El Salvador has adopted it as legal currency)
• Bitcoin is uncensorable and unconfiscatable.
• Bitcoin is finite meaning it is very scarce. There can only ever be 21 million Bitcoin. Whereas with any other crypto, the owners can make unlimited more of the token which then makes it worth less and less.
Here are some great videos for you to watch to learn more about Bitcoin:
ua-cam.com/video/P1TkaX88Afs/v-deo.htmlfeature=shared
ua-cam.com/video/xw5daMZGBSQ/v-deo.htmlfeature=shared
ua-cam.com/video/28fAbAzRIjg/v-deo.htmlfeature=shared
All the best,
Timm & Justin
Hi, new Subie here, I have a notice account with Bitvest and the interest is quite good. Any thing I should be looking out for?
Good morning Lerato
We are thrilled to have you join the Money Reimagined community. 😃👏
When it comes to saving money, here is a great video for you to watch:
ua-cam.com/video/2zbiY53bRtc/v-deo.htmlfeature=shared
And then a helpful tip, if you aren't already aware, is that you can earn R23800 per year in interest before being taxed. So basically the first R23 800 of interest you earn is tax free.
When it comes to your personal finances, it is always a good idea to think of the long term and what you're trying to achieve.
For example, are you working towards a specific goal? (Saving for a deposit on a house, or trying to create an emergency fund etc.)
Saving money is a great first step 🎊👌
But if you want to level up your financial game, Investing is important to look into.
And the video you just watched will be able to help you decide where to invest based on your personal preferences.
It's important to both save and invest so you give your future self the best financial opportunities.
Shout if you have more questions.
We look forward to having you along for the journey 💯
All the best Lerato,
Timm & Justin
script
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