Thanks for watching guys! Just an update, the EAC on the 10X Money Market Fund is actually 0.32% and that of Prescient 0.3%, which makes both of them also great options alongside Sygnia and Coronation :)
@maxiejonk2729
Жыл бұрын
Thanx Pieter! You have now idea what influence you've had on our lives- we are on a much better path than we were 2 years ago! You rock!
@dineomakhata1212
Жыл бұрын
Thank you for all your hard work. Doesn't go unnoticed. Can't wait for the follow up video where to try to review a number of Money Market funds institutions for us. Thank you.
@MoneyMarx
Жыл бұрын
Thank you for the nice comment Dineo. I truly appreciate that! :)
@leonvieira3877
Жыл бұрын
Another banger from the Top G...Sygnia Fund is calling me. Also yes please longer timer horizon would be awesome.
@MoneyMarx
Жыл бұрын
Haha thanks Leon! Will sure make another one for longer investments :)
@alexisgono1729
Жыл бұрын
Please do video on investment funds between 12months and 3years
@MoneyMarx
Жыл бұрын
Will sure do so Alexis :)
@rugbywindow
Жыл бұрын
Wow, thanks for doing all the hard work for us!
@MoneyMarx
Жыл бұрын
You are most welcome Shaun! :)
@kgomotso2360
Жыл бұрын
@money marx what do you think about livestock wealth 6 month and 12 month products as a short term investment vs money market funds?
@MoneyMarx
Жыл бұрын
Hey Kgomotso. I haven't use those alternative investments myself before to be honest, but I will look into it in the future and perhaps make a video about it :)
@RelateWithRele
Жыл бұрын
I'm also interested in finding out from someone's experience how LiveStock wealth works.
@deano630
Жыл бұрын
Howzit Pieter, I almost feel like I should pay you a retainer (LOL). Thanks for the very detailed advice. Would love to hear your input regarding investment 12month +
@MoneyMarx
Жыл бұрын
Hey Dean. Haha thanks man! Luckily all this info can be accessed freely the internet. It's just sometimes tricky to understand and find everything in one place, hence the videos ;)
@robyn_southafrica
11 ай бұрын
Hey there! Great video, shopping around for MMA/MMF information and this one was informative AF 🤭😃 Dankie Pieter! (15:27 did you make a video on investment periods between 1 and 3 years already? Coz I'm wondering now what if i want to keep that money longer what to do with it 😅)
@1on1artschool
Жыл бұрын
Thank for this! I'm confident in my choices so far 😌 Looking forward to the next video!
@MoneyMarx
Жыл бұрын
That's great Gabrielle! You have the one from Prescient, right?
@1on1artschool
Жыл бұрын
@@MoneyMarx Yup. Happy with it. I'm starting my Interactive Broker's soon too. I've been a bit wary of not diversifying outside of SA. Your videos have really helped me with that, thank you so much for the awareness you bring to the community!
@midlifebackpackers4022
Жыл бұрын
Depositor plus, from ABSA has always had great rates. Currently 7,55% and normal savings account flexibility. So I can't really understand why the money market interest rates are so low in comparison to a normal savings account. What am I missing?
@krishniarumugam
6 ай бұрын
This video and MDD was based on 2022 rates. Lets review and come back
@ML-dt3qg
Жыл бұрын
Thank you so much, this was very informative and plan on investing. Also looking at investing long term with max benefits…which ones would you suggest?
@MoneyMarx
Жыл бұрын
Hey ML. You are most welcome :). For long term investing (more than 10 years) I would first try to fill up my TFSA (R 36k) per year and then contribute to an RA. I have playlists on both these investments that explains everything you need to know if you want to give them a watch :)
@kyleadrian8869
6 ай бұрын
Can u show us how to load or deposit the lump sum into sygnia
@cleopas_michael0
Жыл бұрын
Simonis storm securities money market account is the cheapest in Namibia
@FL1CK3R
Жыл бұрын
stupid question, but what is difference between the sygnia money market class A /s1/s2 ?
@lilyhattingh
Жыл бұрын
Thanks Pieter. Great breakdown. Yes for a video on longer term 1 - 3yrs. Just a note... in your YT description the link to book a call with Terence Tobin is not working. Kindly please could you check and update as I'd like to book a call with him. Again, thank you for your super informative videos.
@MoneyMarx
Жыл бұрын
Hey Lily. Thank you, that is great to hear! Sorry about that, here is the correct link: calendly.com/terencetobin/start
@b_dono
Жыл бұрын
love your explanation. and yes you are olig ( hope my spelling is right). I understood at first then it got confusing. how do I find info on structuring my finances? I have a financial advisor from my bank but they don't approach me. when I do have time to ask them questions it is rather quick answers.
@MoneyMarx
Жыл бұрын
Hey Brandon. Thanks man! Jah the financial industry can be quite confusing. Best would be to spend the time to read books, read through blogs and watch KZitem videos on various financial topics. I am planning to make a video where I explain exactly where one should start learning more about finances, with various links to resources, as this is quite a common question I receive. But jah, your financial advisor should be willing to spend time explaining concepts to you. That's what you are paying them for. If they cannot, then it might be time to seek the help of someone else
@michelledaniels6754
Жыл бұрын
Thank you for the help and info you always provide been working on this for a while...helps us alot to make a choice that works for us...
@MoneyMarx
Жыл бұрын
That's awesome Michelle! It is important to be able to make informed decisions :)
@phenyolawrence8825
5 ай бұрын
Which is the best institute to open my MMF at.where the interest is around 9%.pls help broer.
@katieconrad1248
6 ай бұрын
Would you recommend these accounts for freelancers to set aside tax money?
@shamonabarath7763
Жыл бұрын
Great video, thanks for sharing 😊
@MoneyMarx
Жыл бұрын
Thanks Shamona. Much appreciated! :)
@gabrieltavarwisa5657
Жыл бұрын
Great Job sir can we do this from Zimbabwe
@NgoStar777
Күн бұрын
You are awesome 😎
@cleopas_michael0
Жыл бұрын
Namibia is first.
@siphomartinmabande7034
Жыл бұрын
So you keep part of your EF for only 12 months? How you managing that?
@MoneyMarx
Жыл бұрын
Hey Sipho. I made a seperate video on where I store my emergency fund if you want to check it out
@sihlemasondo2898
Жыл бұрын
Plz can we get a video on international money market accounts
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