It is in an adviser’s interest to make the financial landscape sound more complicated than it is. it is very simple as Warren Buffett says. Buy an S&P 500 index fund if you want to invest in the stock market and you don’t need anything else. Financial advisors are going to look after financial advisors. As an investor you come second yet, you take all the risk.
Ever seen the water beetle " kewer" its a ferocious hunter predating on small fish ,nymphs and lavae,throw it out onto dry ground ,yes it flies away,what it can do outside the water is a mystery,but it survives,and yes it comes back to the water,a very smartly designed creature,just like a south african,we survive and progress.
Like clockwork i knew he would say off shore and invest in mauritius… this is fine and dandy but at some point i think we simply need to invest in making southern africa a mauritius… we have everything in this region to make it a paradise except good politics and crime! All those smart chaps attending Biznews yet 99% refuse to join politics..,its high time captains of industry started to learn to take a sabattical and go into public service or politics for a few years go and run an SOE go and serve as a mayor or double up as a businessman and councillor… if we leave this country and region to career politicians we are fcked !!
Kids offshore, portability, decentralised, educational, finite, secure, mathematical, SEC recognised and the most successful ETF in 30 years. What happened to due diligence and fiduciary duty. When your broker cannot see the wood for the trees. Persistently. Fiat torpor.
Magnus is the real hero, he's been giving us the best advice for years
brilliant. I'm an advisor myself and look up to Magnus. Non-corporate advisor putting the client first
Just the videos from this conference makes it worth being a subscriber. Always great info.
Magnus is a legend.
I'm a 19 year old South African studying accounting at maties...and Magnus Heystek is my hero!!
Petrol price ,electricity, rand ,ect ect 🎉 excellent analysis ,but true as always Magnus Heystek salute
I can't help wondering what was muted at -14:46... 🤔
He said you can take out R1 million per year,offshore
brilliant and accurate!
South Africa is the land of milk and honey.....as long as your cow and beehive are offshore.
It is in an adviser’s interest to make the financial landscape sound more complicated than it is. it is very simple as Warren Buffett says. Buy an S&P 500 index fund if you want to invest in the stock market and you don’t need anything else. Financial advisors are going to look after financial advisors. As an investor you come second yet, you take all the risk.
Brilliant
Ever seen the water beetle " kewer" its a ferocious hunter predating on small fish ,nymphs and lavae,throw it out onto dry ground ,yes it flies away,what it can do outside the water is a mystery,but it survives,and yes it comes back to the water,a very smartly designed creature,just like a south african,we survive and progress.
👑
Like clockwork i knew he would say off shore and invest in mauritius… this is fine and dandy but at some point i think we simply need to invest in making southern africa a mauritius… we have everything in this region to make it a paradise except good politics and crime! All those smart chaps attending Biznews yet 99% refuse to join politics..,its high time captains of industry started to learn to take a sabattical and go into public service or politics for a few years go and run an SOE go and serve as a mayor or double up as a businessman and councillor… if we leave this country and region to career politicians we are fcked !!
BizNews is brings it..l
Good advice but we cant get out of our RAs, and not everyone has R500k (the min.)just to invest in forweign lying around
Never say never
Maybe not the best week to talk with their favourite high yield fixed income fund getting smashed
The best backward jobber in the country!
😭😭😭😭😭😭😭😭😭
Unsavoury & untrustworthy character with a dodgy history.
Kids offshore, portability, decentralised, educational, finite, secure, mathematical, SEC recognised and the most successful ETF in 30 years.
What happened to due diligence and fiduciary duty. When your broker cannot see the wood for the trees. Persistently. Fiat torpor.
Jeez.... This guy talks a lot😢
Would you prefer he stand up there and give us 25 mins of dead air?