Sneeky Honorary Master Joined May 5, 2004 Messages 12,180 Reaction score 2,742 Location Durban Jan 4, 2006 #1 http://www.moneyweb.co.za/economy/tax/761207.htm
K krycor Honorary Master Joined Aug 4, 2005 Messages 18,539 Reaction score 2,113 Jan 4, 2006 #2 what happends to the money they don't spend ? investments in high turnover stock ? imagine playing with a couple billion just the interest is ALOT
what happends to the money they don't spend ? investments in high turnover stock ? imagine playing with a couple billion just the interest is ALOT
G Gladiator Well-Known Member Joined Apr 23, 2005 Messages 400 Reaction score 2 Jan 4, 2006 #3 they pay off debt, well thats what they did last year.
N neio Banned Joined Apr 22, 2005 Messages 4,888 Reaction score 4 Jan 4, 2006 #4 krycor said: what happends to the money they don't spend ? investments in high turnover stock ? imagine playing with a couple billion just the interest is ALOT Click to expand... SARS is one of the biggest investors in SA Homeloans. Thats why the interest is so low when your bond is registered with them.
krycor said: what happends to the money they don't spend ? investments in high turnover stock ? imagine playing with a couple billion just the interest is ALOT Click to expand... SARS is one of the biggest investors in SA Homeloans. Thats why the interest is so low when your bond is registered with them.