Reel by Modern Money With Munya

Modern Money With Munya@money_modern
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29 Comments

Bumped into @thandile_ndibongo at the top of Table Mountain. Great guy. SMART GUY! And he told me loved the new street interviews! - So I decided to put him ON THE SPOT for an IMPROMPTU INTERVIEW and he handled it with CLASS and FINESSE! - We had no microphones. So apologies for the audio 🙏🏾. But we’re not people to make excuses and we make do with what we have! - Thank you for your time sir! It was a PLEASURE 💪🏾🙌🏾

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A preview Instagram ships with the post — 13 of 29 public comments.

@lenefasi He forgot to say that he watches your videos😂

· 1 likes

@devcurrer RAs are a scam. You pay a consultant a % of your income for the rest of your life. That scum holidays in the Kruger fortnightly and invests your money into JSE trash.

@phiweeeeee how can i open a tax free account?

· 1 likes

@aureate.echo I'm 45 and don't have time on my side. Just thinking if S&P500 tax-free is still better than just increasing my current EA by the same amount, I would put in a tax-free S&P500

· 1 likes

@seanrazz_ Too risk averse for my liking I need to feel my blood pressure rise when I invest 😂

· 5 likes

@phillikhwa Sir I never get responses from you. I’m not sure if maybe I miss them?

· 3 likes

@_jordanmacdonald Im 21, putting about 2.5 in s/p🫣;)

· 2 likes

@diloupar Hi, what will be the tax implication when you redraw the fund 40 years later? Thanks

@jasonavronsamuels 👏👏👏

· 1 likes

@shriyanpeters Does it matter which TFSA you choose? There are a variety of TFSA, guess the most important thing is to have a TFSA (irrespective of where you choose), don’t understand the reason for having an RA and a TFSA, as you will be taxed on the former and not the latter. I say scrap the RA and focus on TFSA. Great content chap!

· 1 likes

@motswana_wapheto How does one invest into the S&P 500 with their TFSA

· 4 likes

@nicole_booysen Is there an age limit to opening up a TFSA? Can a pensioner open one?

· 2 likes

@retang_m Can you have both RA and a TFSA at the same time?

· 1 likes

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