Safe Investing SA(@SafeInvestingSA) 's Twitter Profileg
Safe Investing SA

@SafeInvestingSA

PGD:Financial Planning Law🎓
Safe Investing SA by Mbini, personal finance author, speaker, coach. I teach SAns to create wealth.
https://t.co/AhM1js98Rt

ID:802290631

linkhttp://www.safeinvestingsa.com/ calendar_today04-09-2012 11:46:02

636 Tweets

3,5K Followers

192 Following

Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

Financial independence starts with a mindset shift. You've got to believe that you are worth it. You have got to adopt the growth mindset.
The rest follows.

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

We tend to focus more on wealth creation & management. More effort on wealth transfer preparation is needed. Educating our children/ beneficiaries on finances and having proper estate planning in place. Donating to & hiring children - tax strategy, setting wills, forming trusts.

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

eg.Bought house in 2014, guided by council's plans. Rezoning process took 3 years coz we appealed.
Realised lettable space = smallish, approached neighbour to sell his house to double land.
Our real estate model requires a lot of patience. We move to something new as we wait.

eg.Bought house in 2014, guided by council's plans. Rezoning process took 3 years coz we appealed. Realised lettable space = smallish, approached neighbour to sell his house to double land. Our real estate model requires a lot of patience. We move to something new as we wait.
account_circle
Frugal Sibusiso 🇿🇦(@FrugalLocal) 's Twitter Profile Photo

So you want to invest in rental property? And you don't know where to start question mark will this thread is for you!

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

The one area that a real estate investor needs to master is taxes. I have been reducing my tax bill every year. A lot of cash is hidden there.
Tax avoidance is a necessary skill.

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

That's our (family) strategy exactly. Established/ old money area, largest land we can afford,... And YES, you are guided by the Spatial Development Framework.

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

My real estate investing model revolves around change in land use. We typically buy residential & rezone. A slow kind of process but it enabled me to build a strong team.
We just got approval for small cluster development. Not the first approval.

account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

'Lending Rate in South Africa averaged 12.04% from 1957 until 2022, reaching an all time high of 25.5% in August of 1998'
Trading Economics, Dec'22

Heights that IR can reach. Also interest rates in other parts of the continent. Get out of debt.


👩🏽‍🎓Financial Planner

'Lending Rate in South Africa averaged 12.04% from 1957 until 2022, reaching an all time high of 25.5% in August of 1998' Trading Economics, Dec'22 Heights that IR can reach. Also interest rates in other parts of the continent. Get out of debt. #MbiniKutta 👩🏽‍🎓Financial Planner
account_circle
Mbini Kutta(@mbinikutta) 's Twitter Profile Photo

Another reason for the increase in property prices...
Expats wanting to return to South Africa are mostly from the US, Canada, Australia, the UK and Europe.
news24.com/fin24/economy/…

account_circle
SA Reserve Bank(@SAReserveBank) 's Twitter Profile Photo

The MPC decided to increase the repurchase rate by 75 basis points to 7%, with effect from the 25th of November 2022. Three members of the Committee preferred the announced increase. Two members preferred a 50 basis point increase.

The MPC decided to increase the repurchase rate by 75 basis points to 7%, with effect from the 25th of November 2022. Three members of the Committee preferred the announced increase. Two members preferred a 50 basis point increase. #SARBMPCNOV22
account_circle
Safe Investing SA(@SafeInvestingSA) 's Twitter Profile Photo

7.6% inflation, the strengthening of the currency and the possible interest rates hike today. It's a week of financials.

account_circle