This video is for any South African looking to earn the highest interest on fixed deposit savings or fixed deposit investmet accounts …
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This video is for any South African looking to earn the highest interest on fixed deposit savings or fixed deposit investmet accounts …
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38 comments
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Put 1.5 mill in Nedbank…5 yrs fixed…. U will get 2.5 mill after 5
2 Esdras 7:75
I answered and said, "If I have found favor in thy sight, O Lord, show this also to thy servant: whether after death, as soon as every one of us yields up his soul, we shall be kept in rest until those times come when thou wilt renew the creation, or whether we shall be tormented at once?" 76 He answered me and said, "I will show you that also, but do not be associated with those who have shown scorn, nor number yourself among those who are tormented. 77 For you have a treasure of works laid up with the Most High; but it will not be shown to you until the last times.
78 Now, concerning death, the teaching is: When the decisive decree has gone forth from the Most High that a man shall die, as the spirit leaves the body to return again to him who gave it, first of all it adores the glory of the Most High. 79 And if it is one of those who have shown scorn and have not kept the way of the Most High, and who have despised his law, and who have hated those who fear the Most High — 80 such spirits shall not enter into habitations, but shall immediately wander about in torments, ever grieving and sad, in seven ways.
81 The first way, because they have scorned the law of the Most High. 82 The second way, because they cannot now make a good repentance that they may live. 83 The third way, they shall see the reward laid up for those who have trusted the covenants of the Most High. 84 The fourth way, they shall consider the torment laid up for themselves in the last days. 85 The fifth way, they shall see how the habitations of the others are guarded by angels in profound quiet. 86 The sixth way, they shall see how some of them will pass over into torments. 87 The seventh way, which is worse than all the ways that have been mentioned, because they shall utterly waste away in confusion and be consumed with shame, and shall wither with fear at seeing the glory of the Most High before whom they sinned while they were alive, and before whom they are to be judged in the last times.
88 "Now this is the order of those who have kept the ways of the Most High, when they shall be separated from their mortal body. 89 During the time that they lived in it, they laboriously served the Most High, and withstood danger every hour, that they might keep the law of the Lawgiver perfectly. 90 Therefore this is the teaching concerning them: 91 First of all, they shall see with great joy the glory of him who receives them, for they shall have rest in seven orders.
92 The first order, because they have striven with great effort to overcome the evil thought which was formed with them, that it might not lead them astray from life into death. 93 The second order, because they see the perplexity in which the souls of the unrighteous wander, and the punishment that awaits them. 94 The third order, they see the witness which he who formed them bears concerning them, that while they were alive they kept the law which was given them in trust. 95 The fourth order, they understand the rest which they now enjoy, being gathered into their chambers and guarded by angels in profound quiet, and the glory which awaits them in the last days. 96 The fifth order, they rejoice that they have now escaped what is corruptible, and shall inherit what is to come;
and besides they see the straits and toil from which they have been delivered, and the spacious liberty which they are to receive and enjoy in immortality. 97 The sixth order, when it is shown to them how their face is to shine like the sun, and how they are to be made like the light of the stars, being incorruptible from then on. 98 The seventh order, which is greater than all that have been mentioned, because they shall rejoice with boldness, and shall be confident without confusion, and shall be glad without fear, for they hasten to behold the face of him whom they served in life and from whom they are to receive their reward when glorified.
99 This is the order of the souls of the righteous, as henceforth is announced; and the aforesaid are the ways of torment which those who would not give heed shall suffer hereafter." 100 I answered and said, "Will time therefore be given to the souls, after they have been separated from the bodies, to see what you have described to me?" 101 He said to me, "They shall have freedom for seven days, so that during these seven days they may see the things of which you have been told, and afterwards they shall be gathered in their habitations."
102 I answered and said, "If I have found favor in thy sight, show further to me, thy servant, whether on the day of judgment the righteous will be able to intercede for the unrighteous or to entreat the Most High for them, 103 fathers for sons or sons for parents, brothers for brothers, relatives for their kinsmen, or friends for those who are most dear." 104 He answered me and said, "Since you have found favor in my sight, I will show you this also. The day of judgment is decisive and displays to all the seal of truth. Just as now a father does not send his son, or a son his father, or a master his servant, or a friend his dearest friend, to be ill or sleep or eat or be healed in his stead, 105 so no one shall ever pray for another on that day, neither shall any one lay a burden on another; for then every one shall bear his own righteousness and unrighteousness." …..2 Esdras 7:75
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Does one get taxed on all the investments and is there a maximum amount of investment accounts one person can have at any given time? Does the revenue services see all these investments as something EXTRA that you have for them to benefit on when in actual fact one has gone without some of your needs just to save/invest (coz now it looks like one has a lot of money saved as if it is extra meanwhile you have suffered for your future)? Hope I make sense
I don’t see any capitec advice, is it not mentioned anywhere?
Is it possible to create a fixed deposit account only for a period of six months?
Thanks Yvonne for sharing such a minefield of investing info
Also consider the worst case scenarios. What happens when you need to access your funds before end investment period? Standard bank has a Market Link account. Interest is decent AND I have instant access to my funds if and when I need them.
I am covered after having read other people's comments and your responses. Thank you so much Yvonne, you are doinc a stunning job.
Hi Yvonne. I don't hear you talking about the commonly known banks in SA. We are not familiar with Time Bank & Sasfin bank. How are the interests from the commonly known banks in SA?
Hi i have a question , do you get 8% back per month on a 32 day notice fund at capitec or is it per anam ?
How much of the interest money will be taxed in each of these investments?
Best . acknowledged.thank you
Why is it that they don't allow beneficiaries on these investments?
Great content new here but super informative questions ask also to shed some light on investing i want to do in 2025🥰
Hi dear. Do you know why Tyme Bank limits savings to only R100k?
Thank you 🙏🏿
I love this!!!! Thank you ❤❤❤❤ Im all about Free money
Hy, where is the head office for Tyme Bank?
Hi Yvonne. I do the 6months with std bank and after maturity, I reinvest and before I got good money but the next one, they dividend it by two. They question is why are they dividing it because inflation fluctuate as well but with minimum period. Am I been robbed
Hi, you recommend sasfin, access, and african bank. You need to tell your subscribers of the poor quality service of these banks. One or two of the banks has fraud, whereby money gets withdrawn without their consent. Customer service is very poor. Sasfin may even close down due to all the fraud etc. So next time don't just quote the highest interest rates that will be received, but analyze the bank's complaints etc. Your subscribers must know about these things. If eg. Capitec offers 7% nominal for 3 years and sasfin or access offers 10%.rather go with capitec cause their complaints ain't bad. I just used capitec, but there's other well known stronger banks out there. Yes, they will give a lesser interest rate for fixed deposits, but would you rather want to gain a 3% extra at a bank and have problems with those better yielding banks. Banks offer higher interest rates compared to to others for a reason. They not doing too well due to certain reasons and are looking for depositors. The other banks offering lower are more stable banks where your money is more secure.
This is worth looking into
Thank you for such an informative video.
What is your advice on investing in BrokStock?
Thank God, I came across this channel ❤
What's the minimum deposit for the african bank investment?
Good information for people whose risk tolerance are low.I will still stick to the market for anything longer than 5 years.
New favorite finance channel on YouTube
Nice video
Great content👌 Just subscribed!
Great video 🎉
Is there a tax loophole for people who are getting six figure profits annually from the fixed deposit investment?
I don't want a fixed account because I get much better returns using LocalSpot and when I wait for SARS I have it in a 8% savings. Using LocalSpot I get 35% 😊
These banks aint tryna pay!😏 Thanks for the info🙃
you have gain your self a new member in your channel.
Thank you for your clear explicit explination of the different types of accounts available. This information clearly shows how people with minimal amounts to invest can use them to grow their wealth!
Question please if I want to earn R100k a month on interest which account would be suitable and how much would I have to invest?
I'm in love with your content.
The danger in fixed deposit is they attract tax.
Love!! Subscribed!!