I read that as well, not sure how high they mean when they say 'high interest'? Surely just money market? You can get that with a tax-free call account via a bank or the NFTRCI ETF from ABSA. this is a three month rolling money market?
But some thoughts, only really for retirees? And right now you get a tax-free on interest earned (+r20k or interest tax-free) so not sure the appeal, unless they plan to either do away with tax-free on interest or stop increasing the limit so as too make it useless?
I have two, mine and the wife's. Mine DBXUS(50%) and CSEW40 (50%) excluding this year's R33000, not sure yet what to do with it. I saw an article that it could be possible in future to have some high interest rate savings in it as well. Do you know anything about that?
My 1st 30k is in DBXUS but the subsequent contribusions I have allocated to Investec both for me and wife. It is a 12month roll over @ 8.85% effective. It suit me better as I am getting closer to retirement and can change it to montly payout on roll over when needed.
I started last year in Feb with DBXWD - but it has done nonething since then. Bought equal amounts of DIVTRX and PTXTEN - still about R30k in cash waiting for an inspirational moment...
The only one not on this list I listen to is the biznews.com podcast from Alec Hogg but only if the subject matter sounds interesting.
I also listen to the Fat Wallet Show and JSE Direct and they are both excellent. The Fat Wallet show is number one for me overall.
I'll try a few others in this list and see how things go.
Thanks for the recommendations Simon!
Absolutely love the Fat wallet show! The Money Show with Bruce Whitfield is also great indeed.