Are you bearish? Are you bullish? Or are you a self-proclaimmed money making machine? Read along to understand why having the PRO Stokvel is a necessary weapon in your arsenal
Sometimes all you need to make a fortune is to have like minded people in your corner. We did just that. We have developed a highly complex hybrid model that brings together all the characteristics of bustling marketplace thriving with buyers and sellers at its core, daily.
Saving for tomorrow starts today. Entrusting your employer to secure your retirement is only half the battle. As an employee, it is imperative that you do a rain check and add onto what you will get from your employer. The PRO Stokvel is our most advanced offering that has been tailored to steer your financial future into certainty provided that you follow cost conscious spending habits and are within the recommended income bracket. Through numerous Resident interactions and our observation of the South African economic landscape since 1994, we found that there was a strong need to have a wealthsmith by your side who will not only advise you on your financial security but who will also assist in building a secure investment portfolio that will look to ensure the continued welfare of your family incase of retrenchment, unitmely death, unforeseen medical expenses and your eventual retirement. Life policies, funeral cover, income cover, medical and so much more. These are necessary expenses to help you in case of anything unforeseen and untimely were to happen.
The PRO Stokvel comes standard with a high barrier of entry, this is primarily because we seek Residents who know and understand that Returns are not guaranteed and that Losses can exceed deposits. This also means that Earnings have plenty of potntial to exceed estimations partly due to the quick nature of the markets and other instruments. Furthermore Taxes are the sole responsibility of the Resident and we stronlgy support Tax compliance, High pay-outs and part thereof are subject to taxes. When it comes to the Stockvel in question, it is our most robust. If you'd like to know the specifics you will have to set up a meeting and from there a rep will be in contact to conduct a risk analysis.
Penny stocks are securities not listed on a major exchange but instead traded via a broker-dealer network. These stocks have a strong following, if you are an avid penny stock trader ie you invest in penny stocks then you are in luck because the PRO Stokvel opens up that world in a way never imagined before. South Afriaca is a hot bed for penny stocks, the township economy as of 01 june 2023 stands at R900 billion with approximately 60% considered formal and 40% informal. An estimated 17% of South Africans are employed through the informal sector. In essence these are penny stocks all not qualifying for formal funding in most cases, We have witnessed over the years that big blue chip companies had their time as penny stocks. When invested into at the right time, these penny stocks can multiply returns in the 1000% overnight however caution should be exercised. We employ a system of vetting all of the penny stocks before we present them to you
Like any and all Financial endeavors, we strongly suggest consulting with your Financial Adviser to get clarity and a proper risk analysis. The PRO stokvel doesn't require a credit check as we use our in-house vetting system to see the feasibility and credit worthiness of your application. We are obliged to provide healthy financial options to our Residents, meaning if you don't meet a certain criteria then you will not be considered for the Stokvel. This is to promote healthy spending habits and to avoid financial burdens for you the Resident. Day ONE is not a fiancial adviser and we do not give financial advice. Kindly seek advice from regulated, approved and qualified financial advisers.
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