Off Topic...South African Index
 

Just going through some investment opportunities, it is worth pointing out that the South African Index (EZA) is up 30% over the last 12 months.

I don't know if the South African economy can hold up, but it has performed brilliantly over the last couple years, with the South African Index (EZA) just about doubling during that time period (from about $39 to its current $77.40).

I'm going to print this out and present it to my Broker. All my investments are "Off-Shore" so I will be interested to see what he thinks. Meantime....check the book I reccommended.

Roccco-Boker says my small "on-shore" investment rose from $50.000 to $92.00 in the last 6 months or so.

OOPS...Too much wine with lunch. Should read $92,000. Anyway I'm chuffed.

In the last six months alone, the South African Index has skyrocketed from 60 to 82.35, a 37% gain. Since I mentioned it one week ago, it has gone up $4.95, a 6.4% gain.

Fortunately, I invested $500,000 last week in the South African Index and just made $33,200, enough to pay for this years safari! YEAH...IN MY DREAMS!

If I had an extra $500,000 sitting around, I would be building my own lodge right now in South Luangwa NP, Zambia.

Anyway, unbelievable performance by the South African Index...up about 60% in the past 12 months, up 37% in the last 6 months, and up 6.4% in the last week! I will pass on this one, but it would have been a nice wave to surf had I been in a position to invest last year. :(

Will South Africa's bubble please burst, anytime now, so that Singita once again becomes affordable!