Here's how much you'd have if you invested R1,000 in the world's biggest tech companies in 2022

Harmonic

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Wasn't the drop in tesla due to the stock split? I'm guessing this is backdating the split?
 

3WA

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first Rand's ETN for these companies, worth trying out?
Why not just buy it directly in an EasyEquities US$ account? With ETNs, you don't actually own anything so there is a small chance you get FTXed.
 

rvZA

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Thanks Joe Biden and the merry band of Democrats/Socialists/Communists. The next few years will be even worse...

The S&P500 also lost 20% in value this year. 20%+ gone on your 401k.... No person can now afford to go on pension.
 

Unreal

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Thank you for this article. I feel like I won even though I didn’t invest anything.
 

Sapphiron

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Thanks Joe Biden and the merry band of Democrats/Socialists/Communists. The next few years will be even worse...

The S&P500 also lost 20% in value this year. 20%+ gone on your 401k.... No person can now afford to go on pension.
The current problems started way before the Biden administration.

It's also not a partisan issue, both parties have been entrenching the current trends over the last few decades. Always prioritizing the short term over the long term.
 

rvZA

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The current problems started way before the Biden administration.

It's also not a partisan issue, both parties have been entrenching the current trends over the last few decades. Always prioritizing the short term over the long term.

Uhhh... no.

Here's the thing. Businesses, investors and economies do not like Socialism or Communism. You cannot take from the rich and give to the poor and feed the leaders. Biden's socialist policies collapsed his economy and country. Everything was perfect under Trump. At the time of his departure, the markets were at an all time high and economy doing great.
 
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Sapphiron

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Uhhh... no.

Here's the thing. Businesses, investors and economies do not like Socialism or Communism. You cannot take from the rich and give to the poor and feed the leaders. Biden's socialist policies collapsed his economy and country. Everything was perfect under Trump. At the time of his departure, the markets were at an all time high and economy doing great.
First, it is not accurate to claim that businesses, investors, and economies universally dislike socialism or communism. While it is true that these economic systems have been controversial and have had mixed results in various countries, there are also examples of businesses and economies thriving under socialist or communist regimes.

Second, the idea that redistributing wealth from the rich to the poor is inherently problematic is not supported by evidence. In fact, many experts believe that reducing income inequality can have positive impacts on the economy, such as by increasing consumer spending and reducing poverty.

Third, it is incorrect to claim that Biden's policies caused the collapse of his economy and country. The current state of the economy and the country are the result of complex and multifaceted factors that cannot be attributed to any one person or policy.

Finally, it is not accurate to say that everything was "perfect" under Trump. While it is true that the stock market reached record highs at certain points during his presidency, this does not necessarily reflect the overall health of the economy. There are many other factors to consider, such as unemployment rates, GDP growth, and the well-being of ordinary citizens.
 
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