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Question of the Day: What is the ultimate French toast topping?
Stock Picks - Darlings and Dogs
- Thread starter Ishould_BeWorking
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netstrider
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It's depressing when you set up a debit order into a USD based investment and see that R2k is ~$120.
inflationMy overseas trip in 1983: 1US$ = R1. 12.
Thank you very much, anc
Yep. Our inflation ends up being 16 times greater than any 1st-world country. Viva anc
theratman
Honorary Master
My overseas trip in 1983: 1US$ = R1. 12.
Thank you very much, anc
And petrol used to cost cents. Time to wake up and smell the dollar.
modern10
Expert Member
Yep. Our inflation ends up being 16 times greater than any 1st-world country. Viva anc
What an idiot you are. SAs inflation rate since 1994 is comparable to similar EMs
L-Dog
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Yep. Our inflation ends up being 16 times greater than any 1st-world country. Viva anc
Yeah also had to do with our old inflation target of 4-5% while US was like 1-2%. Think our inflation target is lower now so hopefully the difference will be less over the next 30 years.
Inflation does suck but our food and booze is still way cheaper than any 1st world country
Duh! We discussing inflation of the Rand-Dollar rate...
Lawnchairman
Expert Member
China and new car sales would be my guess
Inflation Differential
Higher inflation relative to trading partners typically depreciates a country's currency,
So does ultra-large-scale political fraud and theft...
L-Dog
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Yeah I guess in time 2nd hand chinese cars will become the norm so might see a bounce. I have also been seeing more Weelee ads / stores but my personal experience with them 5 years and 6 month ago was terrible so don't think they are really competing at the moment.
Look, if you're looking for a thread to piss and moan about the ANC, this is not the one - if you have sensible ideas about stock picks, post them, else f'off
Mike Hoxbig
Honorary Master
A tale of two markets...
Sir Bob
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LooksOk so I took some profit on Sasol. Buy low, sell high.
Thats not a fair comparison needs more detail
Sold the other half of my SOL shares at R223.00 today - gonna be a bit a tax knock if I don't sell any of my loss shares.
Got quite a lot of cash in my share account now, waiting for a strong pull-back
Got quite a lot of cash in my share account now, waiting for a strong pull-back