Being in the residential property industry for over 10 years, I can testify to the fact that most property has devalued over the last 10 yrs, most people are selling for less than they paid.

@nicgeld

Ай бұрын

@@tearyb there is no way that MOST property has lost value in the last decade.

We should be thanking God for His intervention in the affairs of our country. Many prayed, and God graciously answered our prayers. Carry on praying, rembering yo thank God for the blessings He provides.

@bernadetteswan6687

Ай бұрын

I agree. Praise be to God 🙏 🙌 ✨️ ❤️

@nicgeld

Ай бұрын

Same god who gives innocent children cancer?

@stlouisix3

Ай бұрын

May Christ❤😊❤ continue to shew mercy

@mitchelldenysschen3224

Ай бұрын

So God made Jacob Zuma support the MK Party but still allows innocent babies to be killed in South Africa?

@vinceroos

Ай бұрын

There is no god. It was Zille and Steenhuisen.

A lot of arrogant wealthy people comments here. Magnus is correct about the destruction of wealth and the effects on ordinary middle class and lower economic level people. He is simply saying that there are dome few positive signs that need to develop. These are indications only. There are still huge problems and great dangers ahead as well as a huge amount of fixing up to be done.

A really refreshing notion to hear for a change. Thank very much!

Always great to hear insights from Magnus.

What about crime...not happening anymore in SA?

But a while ago he did not want to invest in SA. Adamant that we should invest in Mauritius. He seems to change his mind as the wind blows.

@thischangeseverything972

Ай бұрын

Mr Flippy-floppy

@elizabethtsotetsi5242

Ай бұрын

No he's not. He understands the fact that geopolitics are key to how the economy behaves goin forward. He's a realist. And applies his mind.

@cjtannerza

Ай бұрын

“…after 10 years of saying things are bad, I'm saying things are starting to look generally a little bit better, provided the Government of National Unity sticks to its task and manages to cobble a coalition together and do the right things.” However, he adds this warning” “The danger is, of course, that there's a political fallout as some people have predicted, and the new government falls apart, then the risks are all back on the table.”

@khongelaningobeni6614

Ай бұрын

I think it's unwise of you to have the perception that things can't change and that people can't change their opinions according to changing conditions on the ground.

@Tinker8531

Ай бұрын

@@elizabethtsotetsi5242 Someone who applies their mind is able to see far into the future because they study economies over longer periods, not over a few weeks.

Still remains a great article Foreign Investment is coming back to SA, All ready seeing more Foreign bond purchases in the first half of 2024 than for the whole 2023. You have to acknowledge the positivity that the new coalition have brought forward. I don't see any factual data and progress to justify any signifiant near term growth for the JSE. Still a lot of uncertainty regarding policy's and Mid term outlook. Increase of SA holdings should be on the cards for every Portfolio.

Good commentary from Heystek as always. I can't see why some people still don't want to understand his reasoning. Local bonds are doing well, I've noticed myself. Property is becoming a good option, but only in the Western Cape.

WC broken away ??? How When ?

@chrundlethegreat2251

Ай бұрын

Not officially, but they are essentially fully governed by the DA and their power and influence, along with positive results has basically turned it into a sort of "soft succession".

Also snake oil cures Arthritis* T's and C's apply. Also Mauritius, also people have memories.

I wonder what he thinks of the upward bubble in the USA?

How is this fella different from a crypto trader recommending trades on KZread?

It is too soon 😂😂😂

Why on earth would you invest in SA when you can buy US securities in dollars?

@gatshenindlovu8224

Ай бұрын

The big ship is sinking, there's a new kid on the block and that is BRICS.

@nicgeld

Ай бұрын

@@gatshenindlovu8224 sinking how? Their stock market is at an all time high and they haven't even started with rate cuts yet.

I don't get why more people are talking about Eskom being able to buy from OEMs and what difference it clearly makes

Chris, Magnus, Alec, how does one go about sending you a suggestion?

Magnus is my idol👏👏

You simply cannot go wrong with S&P 500 & MSCI as part of an offshore portfolio. Many of us have our pensions &RA's locked into SA funds due to reg28, so a bit of local and a bit of offshore is probably the way to build some wealth!!

Of course you invest where you get profit!Simple!But government must fight criminals who are destroying our economy!Crime and killings is also high in USA but still investors are still investing!

Lol i will always respect Piet Viljoen for his stance on SA

It's because he is gonna make money not because he loves the people of the country. He may be an investor, but in other bigger economies he becomes insignificant🤷🏾‍♀️🤷🏾‍♀️🤷🏾‍♀️Acting big in a small town

No way - too many criminals in parliament. CR made sure he would have them in his cabinet!!!!

He is a tin pot investor

Flip flops haystack sits on the fence

@johnlighton7025

Ай бұрын

Maybe you can offer Magnus some of your intelligence on investing? I will listen on the radio

@robertabrahams7593

Ай бұрын

That's why he can afford Mauritius. Man, what a loser. That's the way I'd like to " lose " some day.

@vinceroos

Ай бұрын

Imagine an investor who doesn't change his strategy.😂 Magnus fortunately does

@MusehanaH

Ай бұрын

All investors are flip-floppers by design. If you aren't a flip-flopper, you are not an investor 🤷‍♀️

JSE very cheap now, right at the bottom! Invest now before you've missed the boat! SA is gonna boom in the next few years!

@nicgeld

Ай бұрын

@@GaragePie22 what are you talking about? It is literally at an all time high.

Spoken like a true bag holder

I think it is time to buy in Joburg and you get good value for money and if things improve your investment should be good. Affordability is not a result of interest rates it is a cost of living crisis caused by covid lockdowns and mass printing of money. Magnus will not accept he is wrong about lockdowns and the fiat system.

Pity you are late, now, you have missed the first upturn...

Abyss or precipice, Magnus?

The reason for the Eskom improvement is that the massive stealing has been hauled , they are afraid of being brought to justice by the DA. Now we will see massive improvements in all state owned entities. 🤗

@zeed5764

29 күн бұрын

It's actually the private sector - 6MW of solar installations - which has shielded Eskom from 6 stages of load shedding. And this will continue because it has become cheaper to produce your own electricity. Also, the mines haven't been as active lately, so that has reduced demand. I do think that Eskom had gotten rid of some of the rot though.

I would not invest a cent in SA.

Magnus…brutal…sounds like the intro to a commander

He's been dishing out property investment advice for years without understanding property investment at all.

Common Magnus. I know none of my lower middle to middle class friends, family, associates and business clients that have moved to one car. You make it sound like it’s prolific. Don’t diminish your voice with BS!

Heystek is a flip flopper

He can keep his money. We will not accept manipulations of the so-called markets anymore.

@robertabrahams7593

Ай бұрын

The " we " you're talking about. Is it the stockvel whose members contribute R100/pm to strengthen the black economy , to wrest it from wmc ?.

@nicgeld

Ай бұрын

Lol. Interested to hear how you are gonna outperform it?

🎉Thanks be to Christ ❤😊💙

Magnus tell us about the Ferrari you won in your own lotto draw at val de vie please . You are not credible to give advice

BWHAHAHAHAHA

You don’t look healthy . Karma is here papa

I hate this show you're all deceitful liars.