Paul Roux

Cowboy Portfolio Update: October 2026 Up 14.8% for the year. Let's finish strong!

No income. No rent. No investments. No sushi. 🍣 You insure your R300,000 car. But why not your R21 million income? If you're 30 years old, earning R50,000 a month, and work until 65, that's R21 million in future earnings. We happily insure our cars, houses, and even our phones, but the very thing that pays for all of them is often overlooked. Your greatest asset is...Spoiler alert...YOU! It's your value and ability to earn an income in the marketplace. Without it: No bond repayments, no investments, and most importantly, no sushi. That's where Income Protector comes in. If you are unble to work due to a medical reason, income protector kicks in and pays your salary until you're back in the game. Pretty amazing and pretty damn important. We unpacked the ins and outs in our latest MoneyMoves newsletter, including what it costs and how it works.

Paul’s Personal (High-Risk) Portfolio Taiwan Semiconductor and ASML continue to be the standout performers, benefiting from the relentless demand for AI infrastructure and semiconductor technology. Arbitrage made a strong comeback this quarter, delivering excellent returns across all three months. Based on a R200,000 starting capital and the average outcome between a single and married investor, YTD ROI has reached 17.7%. A strong final quarter could take the full-year return close to 25%. You love to see it. I'm actively exploring other alternative opportunities and have identified one that offers very attractive prospects. I'll be in touch with all clients soon to share more details.

Replace "stacking snacks" with "stacking sats" and you've got yourself a perfect Saturday 🟠

Let's talk about Bitcoin... Bitcoin has gone from an obscure internet experiment to an asset competing in size with some of the biggest companies in the world. It’s right up there with names like Apple, Google, Amazon, Tesla and Meta. And yet: - How many people understand Bitcoin? Very few - How many people actually own Bitcoin? Very few - How many people use Bitcoin? Very few Which leaves us with one fascinating question: Is Bitcoin one of the biggest bubbles in human history - perhaps the greatest pyramid scheme ever created? Or are we still only getting started? In this week’s MoneyMoves episode, we unpack the story of Bitcoin: where it came from, where it is today, and where it could be heading.

This is not financial advice. This is just an AI generated picture.

Update: High-Risk Cowboy Portfolio Q2, 2026 PS: This is not financial advice. PPS: This is not for your granny's pension portfolio. Taiwan Semiconductor and ASML continue to be the standout performers, riding the relentless wave of AI infrastructure and semiconductor demand. Arbitrage has remained stable, although it's far from the darling it used to be. This will likely be the final year it forms part of my portfolio. I'm actively exploring alternative opportunities and have identified one that offers very attractive prospects. I'll be in touch with clients soon to share more details. Our South African mining play, Southern Palladium, has come under pressure as palladium and other commodity prices have retreated following their strong run in 2025. Foschini has also disappointed, reflecting pressure on South African consumers and continued market share losses to online retailers such as Shein and Temu. Overall: Pleased to still be in positive territory. It hasn't been an easy market to generate meaningful returns, but that's part of investing. Now we wait to see what opportunities the second half of 2026 brings. We move!