depreciation

source The Story We Could Have Predicted One can only laugh and smile at those that bought Chinese cars 5 years ago and are now consideri...

source When I was growing up the thing most people strived for was being a millionaire. What was even worse is that was in Rands and even...

Just under a year ago I received a notice stating my UK bank account was being closed for regulatory reasons. This was a complete shock a...

My daughter asked me today how much the value of HIVE is and being on or about $0.06c it is roughly R1 with the exchange rate fluctuating...

I was informed today that within the next 4 weeks my current Revolut Bank account will transform into a fully fledged UK bank account. Th...

source Inflation and currency depreciation is a real concern these days and I have noticed and felt the difference just in the last 18 mo...

source Asking For A Friend This evening I had a lengthy phone call with a very close friend who has just returned from a family holiday i...

I was reading an article today that pegged the true value of the Rand at R9 to the USD. The Rand is currently trading at R18.26 to the US...

source Last month on February 3rd the Rand touched R19.03 to the Dollar and has since recovered some lost ground. I would rather say the ...

source Over the last week we saw the South Africa Rand hit R19 against the $1 which represented a 3% loss due to Trump calling out SA's r...

source I know a few of you have asked me why I am still living in South Africa when we know of all the problems the country has. Security...

source Bad news as all this results in is every single item going up price as the country is so heavily reliant on road transport. Impor...

source The last time I travelled was way back in 2016 and even then things were considered expensive due to the exchange rates. It could ...

source Having been in crypto for over 6 years the one difference that I have noticed is I think in dollars and not Rand's which is our lo...

source For those of us living in countries who have a stable high value currency like the USD, GBP or EURO this makes very little differ...

source Over the last few weeks my daughter has been discussing trading in their car and getting one of the newish Chinese brands. Let us ...

These days lot of people seem to be bothered and have a complaint about the "inflation" and how economy is collapsing to an inc...

On a trading and investment level, we already know that cryptocurrency is volatile. The good news though is that this wheel of volatility...

Volatility of cryptocurrency is the process by which the rate of a or any cryptocurrency Investment has been appreciating or depreciatin...

How to get a Hive Account Assets owned by an entity that have a useful live of longer than a year and cannot be converted to cash within...

An accounting term which reflects how much of an asset uses over a period of time. This affects the value placed to an asset on the balan...

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I will continue with some points about the types of costs, for example historical costs, which are those incurred in a certain period, fo...

Hi there. In this personal finance post, I want to cover a little bit on depreciating assets and consumer items. This topic of depreciati...