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The 88Minds Blog

Plain-spoken guides to crypto, forex, payments and property — written by people who build the products, reviewed by the people accountable for them.

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Property

Can you become a multi-millionaire on a McDonalds worker’s wage?

David Parker’s book Income and Wealth poses an interesting challenge: Is it possible to become financially independent on a McDonalds worker’s wage?

80eight Team3 min read
News

Can you really become a millionaire on an average South African salary?

Moneyweb recently posed the question: Is it possible to become a millionaire on an average South African salary? The answer, not surprisingly, is of course you can.

80eight Team3 min read
Trading

Copper prices plunge in reaction to US tariffs

Interesting to note the sharp drop in copper prices once the US announced the new worldwide tariff regime.

80eight Team1 min read
Trading

Debunking some myths about markets

Debunking Some Myths About Markets When it comes to financial markets, there are many prevailing myths that can mislead investors.

80eight Team2 min read
News

Elon trolls the world

Elon Musk’s $44 billion investment in Twitter (now X.com) seems to be paying off. It has opened channels of communication previously shut to people like Donald Trump and others on…

80eight Team2 min read
Crypto

Fear and greed

The Bitcoin Fear & Greed index registered its largest drop in years when it sank last week from 74 to 50 – and then promptly reversed to 69 in a day.

80eight Team1 min read
Crypto

Is gold better than bitcoin?

In our opinion – No, though there are obviously those who disagree. Gold is difficult (and expensive) to mine, to store, to insure and to transport. Difficult to spend.

80eight Team4 min read
News

Have we reached the bottom of the interest rate cycle?

The SA Reserve Bank (Sarb) has cut the repo rate to 7% which was expected given the benign outlook for inflation.

80eight Team2 min read
News

How many hours of work does it take to invest in the JSE?

An interesting chart from Codera shows how much easier it is for a South African to purchase a piece of the JSE Top 40 Index Tracker than it is for a US worker to enter the stock…

80eight Team1 min read
Crypto

Imagine bitcoin at $1.5 million

Bitcoin at $1.5 million by 2035? That might seem like fantasy at the current price of around $94k, but the $1.5 million prediction comes from none other than Timothy Peterson, the…

80eight Team1 min read
Crypto

Is Bitcoin cheap at $115k?

Those who bought (or mined) Bitcoin at $100 and sold out at $200 at a profit will look at today’s price of $115k and say this ship has sailed them by.

80eight Team2 min read
Crypto

Is it time to abandon exchange controls?

South Africa has had exchange controls since before any of us were born. Why do we still have them? USDZAR – have exchange controls protected the value of the rand?

80eight Team4 min read