Recent content by Jehosefat

  1. J

    Retirement planning

    Looks like it's using the 4% annual draw-down assumption which is a base assumption for the money to last somewhat indefinitely even with inflationary increases in annual draw down. It's a pretty conservative assumption. If you only need it to last for a set amount of time, you can draw down faster.
  2. J

    Which 18-year whisky would you pick (or skip)?

    Not an 18 but the Lagavulin 16 is excellent. Heavily peated and sherry casked. Same price range as the Glenfiddich 18.
  3. J

    The Home Improvements Thread (3)

    As noted already, the half-lap is a good option. Possibly the easiest option would be the scarf joint at quite a low angle that you then bolt through (one straight cut per shorter post rather than multiple to get the half-lap or bridle). Other option would be a bridle joint. As far as...
  4. J

    Monthly Solar Production - Show us yours

    I've got 7.28kWp of panels (16x 455W) facing North-Northwest in Joburg. Assuming I have enough load for a day I've maxed it out at about 38-40KWh for a day. I usually get better generation on average in winter than summer (cooler and less cloudy but less sunlight hours) but roughly the same max...
  5. J

    Investing money to be as tax free as possible

    The mining index itself is up around 150% this year alone so that active mining fund was actually pretty sh*t up to about 12 months ago... Looking backwards and finding active funds that have out-performed the market is easy. Picking which ones are actually going to outperform the market going...
  6. J

    Bond recapitalisation calculator

    It does happen (it legally has to) but because the difference is only R10k per month you are not noticing the difference in interest on a monthly basis. The R10k change in the balance will only make a difference in the interest of around R80 per month (@9.5% interest rate). It is not the same...
  7. J

    Bond recapitalisation calculator

    It automatically reduces your outstanding balance as soon as you pay it in which will consequently mean you pay less interest in each installment (and therefore more capital repaid per installment). There is no need to "capitalise" it (which will usually reduce you installment and make it...
  8. J

    Bond recapitalisation calculator

    Interest on mortgages is not calculated up front. It's calculated daily on the outstanding balance (i.e. the capital amount) and capitalised monthly. So any additional payments you make into the bond will increase the proportion of the installment that goes towards the capital amount because the...
  9. J

    Stock Picks - Darlings and Dogs

    Bad results. Came out much lower than expectations. Worse because they lead the market to believe the results would be fairly good quite recently.
  10. J

    Bond recapitalisation calculator

    Ok, yeah, I think we've kinda been saying the same thing. So your available amount could stay the same until you get close enough to the end of the loan that you could not repay that full value at the contracted instalment. At which point your available balance would start to amortise, reaching...
  11. J

    Bond recapitalisation calculator

    The term doesn't reduce though. The contractual term (i.e. how long the bank will keep the bond open for) remains the same. Practically though you will pay the balance down to zero earlier with your prepaid amount being accessible until you either ask them to close the account or it reaches the...
  12. J

    Bond recapitalisation calculator

    Your reserve balance will amortize down over the term of the loan as well. It is necessary to be NCA compliant for the bank. Otherwise you could be, say, R1m in advance the day before the loan matures and withdraw the entire R1m and then you would owe it back the next day which would breach the...
  13. J

    Whisk(e)y Lovers thread(II)

    There was a huge jump in the price of Macallan's specifically at the beginning of 2023. Since then they have been far to expensive from a price to quality perspective. e.g. the Macallan 12 Double Cask was reasonably good at the R750 a bottle it cost at the end of 2022 but it's bang average (at...
  14. J

    The official running thread™

    Fiddle with it until your HR zone and power zone graph are similar. 200W looks way too low but 404W looks too high. Maybe set it to about 360-370 and see how the graphs look after a run.
  15. J

    SARS eFiling 2024/2025

    Wait. They have up to 21 business days to respond to/review your submitted docs. If you haven't heard from them after that then you can escalate it. Until then your only option is to wait.
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