Home Insurance to cover your bond is one of those things in life, that you pay for ever month, and sometimes you think that it is a waste of time, effort and money.
Since the inception of the National Credit Act on June 1st 2007, individuals have been permitted to shop around for better quotes on their bond insurance, and not been forced to take out insurance with the bank’s insurers.
The problem with bank insurance is that it's expensive, but people get pressurised into using it and land up not going with a reliable home insurance broker.
Should the owner of the home become ill or incapacitated for any reason, the insurance will kick in, and the bond will be covered until the owner recovers. Leaving behind a family when you die is really hard on your loved ones left behind to deal with all the red tape that is so often the case when there is an estate to wind up.
STOP GIVING THE BANKS MONEY THEY ALREADY HAVE :)
The clever thing to do, is to ensure that you shop around for the best possible deal that is available for your house or home bond insurance , saving you thousands.
Save time, save money and get 9 FREE independent insurance quotes today.
Thursday, 4 March 2010
Tuesday, 2 March 2010
Rand flexes some muscle and looks like a relatively low risk bet for once
So the Rand gained one percent against the Pound last week, and promptly gained a further three percent when things got nasty yesterday, the largest one day rise since March 2009 .
Muscling in on the turf.
Such a good start to the week! But not for the Sterling boys.
So what can they expect - A weekend poll showing a high probability of a hung parliament set the scene for a wobbly week, but it was no one factor that triggered the big slide. Another contributor was Prudential's announcement that it will purchase AIG's Asian life insurance business. That will require the sale of a large amount of sterling to fund the $35bn price tag, most of which is to be paid in cash. Markets were also spooked by news items concerning Iran's failure to cooperate with nuclear watchdogs the IAEA. Sentiment toward the pound has been deteriorating sharply in recent weeks, and any one of these news items were excuse enough to cause a stampede for the exit. An apparent improvement in manufacturing activity was completely ignored, and mixed mortgage data did nothing to contribute. The prospect of low UK interest rates remaining static for a long period further differentiated the high yielding currencies, helping the Rand make hay from sterling's weakness. Firm commodity prices also made the Rand look a relatively low risk bet for once. Stock markets are also doing well, so investor risk appetite is buoyant, except when it comes to sterling.
The technical outlook is dire. They are trading at four year lows this morning, and momentum is extremely negative. The next noteworthy technical support is around 11.15, and below there a further fall to 10.50 would be likely. Despite the recent deterioration it would be prudent to cover at least half of any Rand requirement now to reduce risk. No one knows whether this is just the start of a sterling crisis, and all evidence points toward a lower pound.
So 2010 may be a windfall after all for the Rand, but what impact on those sepnding sterling out here.
Such a good start to the week! But not for the Sterling boys.
So what can they expect - A weekend poll showing a high probability of a hung parliament set the scene for a wobbly week, but it was no one factor that triggered the big slide. Another contributor was Prudential's announcement that it will purchase AIG's Asian life insurance business. That will require the sale of a large amount of sterling to fund the $35bn price tag, most of which is to be paid in cash. Markets were also spooked by news items concerning Iran's failure to cooperate with nuclear watchdogs the IAEA. Sentiment toward the pound has been deteriorating sharply in recent weeks, and any one of these news items were excuse enough to cause a stampede for the exit. An apparent improvement in manufacturing activity was completely ignored, and mixed mortgage data did nothing to contribute. The prospect of low UK interest rates remaining static for a long period further differentiated the high yielding currencies, helping the Rand make hay from sterling's weakness. Firm commodity prices also made the Rand look a relatively low risk bet for once. Stock markets are also doing well, so investor risk appetite is buoyant, except when it comes to sterling.
The technical outlook is dire. They are trading at four year lows this morning, and momentum is extremely negative. The next noteworthy technical support is around 11.15, and below there a further fall to 10.50 would be likely. Despite the recent deterioration it would be prudent to cover at least half of any Rand requirement now to reduce risk. No one knows whether this is just the start of a sterling crisis, and all evidence points toward a lower pound.
So 2010 may be a windfall after all for the Rand, but what impact on those sepnding sterling out here.
Dynamics of Abu Dhabi Real Estate Market - Are you an investor?
I think as a South african who invests in world markets keeping your finger on whats happening in the prime jewel of the Middle east (Especially when it comes to who owns whom), this is one report worth reading.
Abu Dhabi State of the Market Report 2010
Abu Dhabi controls the purse strings and this should be a reminder of whats to come.
Many visitors to South Africa during the 2010 World Cup, come from this region and expect some hard sales during this period - so forewarned is the answer.
Thanks Investment Boutique, you guys rock and roll.
Abu Dhabi State of the Market Report 2010
Many visitors to South Africa during the 2010 World Cup, come from this region and expect some hard sales during this period - so forewarned is the answer.
Thanks Investment Boutique, you guys rock and roll.
Tuesday, 23 February 2010
Rent out your property for the 2010 World Cup
FACT: UP TO 290 000 BEDS SHORT COUNTRY WIDE FOR THE
SOCCER WORLD CUP 2010!
2010 World Cup Accommodation
SOCCER WORLD CUP 2010!
2010 World Cup Accommodation
- How can you help find accommodation for the 2010 soccer world cup?
- Rent your spare rooms for the 2010 soccer world cup
- Rent your granny flat for world cup 2010
- Take a holiday and rent your house/apartment for worldcup 2010
- Rent your local time share for the soccer world cup in South Africa
- Rent your holiday house for fifa world cup 2010
What’s in it for you?
- Earn rentals from ZAR7000.00 – ZAR21000.00 per week for 2 persons sharing
- You set your terms and costs direct
- You pay no commission
- Extra services e.g catering, laundry, transport can be negotiated at an agreed cost.
What’s in it for the soccer 2010 fans/visitors?
Stay with a South African family and feel the 2010 world cup soccer fever and true African Spirit!
Choose your 2010 accommodation from our listing and negotiate directly to suit your needs and budget.
Providers may also help you with transport/special home cooked South African cuisine/Game drives etc..
Let South Africa welcome you in our homes and enjoy a true South African experience during your World Cup 2010 soccer extraveganza.
So, what are you waiting for? Go to Rent a room TODAY and list your property!
Wednesday, 17 February 2010
Watch 2010 / 2011 Budget Speech LIVE!!!
Are you a budget speech fanatic or just interested in what's going to happen in this exciting and ever changing South Africa?Look no further, brought to you live from Parliament themselves, You can watch the budget speech @ 2:00pm today!
http://www.parliament.gov.za/live/content.php?Item_ID=276
To view previous bduget speeches:
2008 / 2009 Budget speech
2009 /2010 Budget speech
STAY TUNED!
We'll have the budget speech listed before you can say: F#$%! what an amazing budget speech!
If I manage to get it right I'll try and stream this onto our BLOG :) I'll try!
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