Recent content by Dimeon

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    Fedgroup - Impact Farming Investment

    Harvests on blueberry farms happen continuously. Workers go past the bushes and only pick the ripe berries. This happens during the spring and summer months. The contracted blueberry purchasers pay Fedgroup twice a year and this payment is then distributed to the individual blueberry bush owners.
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    FedGroup's 11.3% - Do you smell BS?

    Hi all. I am Dimeon van Rooyen, the content manager at Fedgroup and would like to clarify why we advertise our rates in the way we do. The 11.3% rate is the five-year effective annual rate. We used this rate because this is also the rate that the banks used to advertise the returns on their...
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    Fedgroup - Impact Farming Investment

    Firstly I should say that I am not a tax practitioner and nothing I say should be seen as tax advice. I am only sharing the tax opinion that we received and my own personal experience with claiming my tax allowance. With the Ts & Cs out of the way, here are the answers to your questions: 1) That...
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    Fedgroup - Impact Farming Investment

    It is one of the things on our to-do list, but it is not near the top of that list at the moment. Our devs are working on improving user experience and a number of other things at the moment. We do feel that a bit of investor education is also necessary. Buying your asset and then immediately...
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    Fedgroup - Impact Farming Investment

    The first income for Cervantes will be at the end of August.
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    Fedgroup - Impact Farming Investment

    Because people are able to reverse their purchase, or make use of the cooling-off period and sell their assets again, there is a 10 working days delay between the money reflecting in our bank accounts and us paying the referral fee into your wallet. If it takes longer than that, then there is an...
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    Fedgroup - Impact Farming Investment

    Generally you start seeing an income after three months. There were delays at the one site, so we decided to pay the solar panel owners a monthly interest on their initial amount until the site goes live.
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    Fedgroup - Impact Farming Investment

    Please let me know which site and I'll check for you.
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    Fedgroup - Impact Farming Investment

    Currently our prices are fixed. We have looked at introducing a fluctuating price linked to demand, e.g. the price of a blueberry bush would go up if it is purchased closer to harvest time. However, this would complicate calculating the returns on your investment, so the decision was made to...
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    Fedgroup - Impact Farming Investment

    The interest was quite encouraging and stocks are currently running low. But we are working hard to bring new assets online in the near future. A couple of solar sites will be coming online soon.
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    Fedgroup - Impact Farming Investment

    We send all our Impact Farmers a tax pack to help them claim tax back at the start of the individual tax season. You are able to claim back 100% of the purchase price in the first year of operation. So, in your first year, you will get a substantial amount back, but after that your income will...
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    Fedgroup - Impact Farming Investment

    The payouts on solar are monthly and the payouts on blueberries and beehives are twice a year. The projections for solar are between 10% and 12% per year. This is based on an annual increase in the energy price of 8%. If it increases by more than this, as is currently the case, you stand to make...
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    Fedgroup - Impact Farming Investment

    This is correct. This is why we use internal rate of return (IRR) to make a projection on your returns. This is the money you earn after your asset has paid for itself. For instance, if you make roughly R600 throughout the lifetime of your blueberry bush, but you paid R300 for it, your profits...
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    Fedgroup - Impact Farming Investment

    That is correct. As they are income-generating assets you can write off the full purchase amount against tax in the first year that your assets start to produce an income. I first purchased assets in the 2018 financial year and SARS asked me to submit a number of supporting documents to get my...
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    Fedgroup - Impact Farming Investment

    Hi everyone. I am the Content Manager at Fedgroup, so I obviously have some vested interest here. However, I also really believe in the product and currently own three solar panels, one beehive and 16 blueberry bushes. I see a number of questions here that I would like to answer, just to give...
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