Gregg on February 26th, 2010

I had to make a trip to SARS in Cape Town this am to hand in the 6 paper provisional tax returns that I cant get on efiling – this is despite several email and telephonic requests to SARS to get them on e-filing.
As I arrived there I was greeted by the site in the [...]

Continue reading about SARS – just like Alice

Gregg on February 24th, 2010

So Eskom’s been granted increases of 24.8%, 25.8% and 25.9% for the next 3 years. Not as big as they wanted but still significant. What does it mean for us as consumers?
There is a beautiful little rule called the “rule of 72″ which states if you want to know how quickly something will double in [...]

Continue reading about Electricity increases…

Gregg on February 15th, 2010

Oh dear…the old adage certainly rings true (yet again). Following on the most recent post about Fundisa, a friend and I were re-doing the maths…seems like I got it totally wrong…apologies for that!
The returns seemed too good to be true – the problem is with my maths and understanding of how the product works…which raises [...]

Continue reading about If it sounds too good to be true…

Gregg on February 1st, 2010

PLEASE BE AWARE THAT THE EXPLANATION OF FUNDISA’S RETURNS IS INCORRECT – IT WILL BE CORRECTED IN A LATER POST. Gregg
Currently the cost of a university degree is about R31000-R35000 per year, so over 3 years that is pretty much R100000. If varsity fees continue to increase at levels above inflation then this will increase [...]

Continue reading about Fundisa – it’s a no-brainer!