Sign up for our weekly newsletter of goodness every Monday. Thoughts from Simon Brown, updates on what we published the previous week and invites to events. eepurl.com/bOQofP

QQQ or QQQM? Same Nasdaq-100 index, same issuer. QQQ costs 0.18%, QQQM costs 0.15%. The extra liquidity in QQQ matters if you're trading. If you're a long-term holder, just take the cheaper one. New post: justonelap.com/buying-the-na…

Here comes SpaceX. Listing shortly at 3.30pm, code SPCX and trading of both shares and CFDs on @ShyftGlobal at open. justonelap.com/stocks-for-yo…

SpaceX lists today at US$1.75trillion . Nasdaq's new Fast Entry rule puts it inside the Nasdaq-100 within 15 trading days at ~0.7% of the index. Want SpaceX exposure? A Nasdaq-100 ETF is the simplest way to get it. justonelap.com/buying-the-na…

Building income into your portfolio? We unpack 4 ETFs across local and offshore: 📈 ETFBND – SA Bond 🌍 ETFGGB – Global Govt Bond 🏢 ETFGRE – Global REIT 🏘️ ETFSAP – SA Property Full chat with @1nvest_SA justonelap.com/income-invest…

Does the classic 60/40 split still make sense in today's rate environment? That's one of the things Ahmed Motara from @1nvest_SA and @SimonPB dig into — bonds vs REITs, inflation risk, and the yields you can realistically expect. justonelap.com/income-invest…

Three mega IPOs landing at once: SpaceX prices Friday at $135 (SPCX), Anthropic and OpenAI both filed confidentially. SpaceX wants ~$75bn, Alphabet ~$85bn; inside 10 days. Something has to be sold to fund it. That's your Micron -16% Friday. Hosted @SimonPB Sponsored @SBGTraderZA @ShyftGlobal justonelap.com/stocks-for-yo…

The Nasdaq-100 isn't a tech index. It's the 100 biggest companies on the Nasdaq exchange - banks excluded, that's the whole methodology. Tech dominates because that's where young tech listed cheaply in the 1970s. Costco and PepsiCo are in there too. justonelap.com/buying-the-na…

My Equity Coverage AI bot went rouge yesterday. Here's the story. Last week I updated the Equity Coverage AI research to Skill v2.0 (Methodology: v1.7 (JSE framework) was unchanged) and yesterday we did our first initiation research report using the new skill. Lewis was the stock being covered as it recently had results and I hold it. All seemed to be going well, until we got to step 6 which is a three part process for checking (facts, assumptions and workings using the same AI as a sceptic agent, third party AI and myself). At the first step my sceptic AI agent discovered that the research report numbers (future assumptions) were just copied from an @AnchorCapitalZA report the AI had found. One source of data is of course the companies investor website, and here Lewis has a research report done by Anchor. My AI bot just copied all the future result assumptions. When challenged it admitted it had done this, then offered to correct by changing just two lines (revenue and margin). When told it could not use any of the Anchor data it told me that this would require a complete rebuild and this would take "lots of time repeating work already done". I was like, fine, rebuild from the start. We did and we got a great report. But it seems we need to upgrade the skill to v2.1 and have a section on fair use of third party data.

The World Cup kicks off tomorrow. So which stocks win? @SimonPB ran the data: skip the obvious bets. 84 of 104 games haven't sold out, so hoteliers have zero pricing power. The retail bump? Marginal. The real plays are elsewhere; streaming, kit and betting. Sponsored @ShyftGlobal @SBGTraderZA 👇 justonelap.com/stocks-for-yo…

US 10-year yields above 4%. SA bonds delivering capital AND income. The case for fixed income has rarely looked better. @SimonPB sat down with Ahmed Motara from @1nvest_SA to talk income that lasts 👇 justonelap.com/income-invest…

World Wide Markets Sponsored @SBGTraderZA @ShyftGlobal Everyone reaches for the obvious World Cup trade; hotels, retailers, restaurants. So @SimonPB scraped accommodation availability at every stadium-adjacent hotel, and found rooms open everywhere: 84 of 104 games haven't sold out. No sold-out hotels means no pricing power, and the retail uplift is marginal. The actual edge is in the kit makers and the betting operators. Where are you looking for a World Cup market play? Or are you sitting this one out? justonelap.com/stocks-for-yo…

📺 Income Investing: Building Yield That Lasts with @1nvest_SA Full video with Ahmed Motara and @SimonPB justonelap.com/income-invest…

We have a webcast with @1nvest_SA later this morning on generating income from ETFs, focusing on REITs. 11am 👇 justonelap.com/events/income…

A rand hedge ETF is not a bet on the US market. It's a bet on the US market AND the rand at the same time. Get both right, returns are exceptional. Get one wrong, the other might bail you out. Get both wrong, there's nowhere to hide. justonelap.com/how-your-jse-…

"Hedge" is a misleading word. These funds don't actively hedge anything. The protection against a weakening rand is just a by-product of holding dollar-denominated assets. When the rand drops, you get more rands per dollar the fund holds. justonelap.com/how-your-jse-…

World Wide Markets hosted @SimonPB and sponsored by @SBGTraderZA & @ShyftGlobal The US consumer has no savings left, should we worry? 📉 US personal savings rate at 2.6% 🛢️ The Iran deal collapses again 🏦 SARB hikes prime to 10.5% 🚀 Naspers & Prosus fly 🛒 SPAR’s horror update 🌏 The year-to-date scoreboard 📊 Stocks on the move justonelap.com/the-us-consum…

The rand price of a JSE-listed offshore ETF is two variables multiplied together: ° The underlying asset price in dollars ° The rand/dollar exchange rate The index can sit flat while your ETF jumps 3% — purely because the rand weakened. justonelap.com/how-your-jse-…

World Wide Markets hosted @SimonPB and sponsored by @SBGTraderZA & @ShyftGlobal The US consumer has no savings left, should we worry? 📉 US personal savings rate at 2.6% 🛢️ The Iran deal collapses again 🏦 SARB hikes prime to 10.5% 🚀 Naspers & Prosus fly 🛒 SPAR’s horror update 🌏 The year-to-date scoreboard 📊 Stocks on the move justonelap.com/the-us-consum…

The S&P 500 closes flat overnight. Next morning your Satrix S&P 500 is up 2%. You've just experienced the rand hedge effect. Most investors notice it. Few understand why it happens 👇 justonelap.com/how-your-jse-…

World Wide Markets hosted @SimonPB and sponsored by @SBGTraderZA & @ShyftGlobal The US consumer has no savings left, should we worry? 📉 US personal savings rate at 2.6% 🛢️ The Iran deal collapses again 🏦 SARB hikes prime to 10.5% 🚀 Naspers & Prosus fly 🛒 SPAR’s horror update 🌏 The year-to-date scoreboard 📊 Stocks on the move justonelap.com/the-us-consum…