Tuesday, 12 February 2019

Forget hashtags. Accept reality.

Loadshedding. A dreaded word for all of us. I have no opinion on what got us into this mess. As far as I am concerned, all politicians are crooked and centralised government is a pretty terrible idea. An even worse idea is the creation of State-owned entities. I am going to leave it there and change course.

We need to accept our reality. Things suck sometimes. Deal with it. There are many things that are a mess in South Africa. And it is driving people crazy. I get a bit of a kick from browsing social media. Hello, people... venting your anger with the hashtag #EskomLoadshedding is not magically going turn the lights on. Maybe I am bit twisted but your anger is a source of entertainment for me.

So what should you do? First, decide whether you want to be here. If you don't, make a plan to get out of here. Simple choice. Stay or leave. (and please don't say some people don't have a choice... there is always a choice!)

If you decide to stay then stop complaining. Don't be naive, though. Take active steps to protect yourself.

  • Invest your money in real assets (property, shares etc - if South Africa goes south, ZAR cash isn't going to worth very much. I feel real assets have a better chance of maintaining purchasing power.)
  • Build an offshore store of wealth or investment portfolio (heck, if you want to leave, it can be the start of you saving towards one of those Visa's you can buy in some European countries)
  • Have access to offshore cash in hard currency (USD, EUR or GBP). If you need to get on a plane then you have some rent and food money.
  • Start meditating (I am serious). Learn to deal with stress/anger that uncertainty in South Africa is causing you.
  • Lastly, on a sunny African day go for a walk on the promenade at your nearest beach and wonder is it all really that bad...