your R160 fee per month ? surely you jest. if you only got R10k return doesn't matter fees killing you .. 0.25% (or even 0.2%) per trade, no minimum, no DWT and no admin fee in a TFSA if all you have is R10k
LOL, I am ocd. I have a spreadsheat named utility_of_$hit bcause of that song, it lists item (car microwave geyser computer)/ number of days i had use of it = cost per day. Did i get anticipated utility for that item?
sure, but that misses the point .. a R10k one off account doesn't work here, your number may be right but it an extreme and bad example ?? my point is don't try disprove data an then use bad data to disprove ..
Simon you didnt even check your last comment, the same as your presentation. My data and my calculations are quite transparent and all of it (whether with R 10k or R100k or R 1mil) point to the same conclusion...There is no 17% and costs take a big chunk out of the returns.
Your presentation was poor and unchecked, just like the statements you sling. As someone in the media who has followers you have an obligation not to suck these people into false statements, you need to be transparent and not simply make big promises and then shrug off any accountability when it doesnt come true.
Whats going to happen 10 years from today when the market didnt come close to 17% and you were spewing today how easy the markets were by "doing it yourself" and just buying ETFs. What are you going to tell those people when they didnt save enough? Same thing your told me in the tweets, shrugg off any responsibility and just say "well it was a thumbsuck anyway..." There are people that are listen to what you say and you owe it to them to make sure your facts are right. These people rely on guidance from people in the media.
You have become the the "noise" that you always warned people about.