Jump to content
  • The JSE Investment and Finance Forum

    Platinum Wealth is the soon-to-be-leading financial forum with an eye on the future of our country and the citizens of South Africa. No matter if the years of trading with just goods have gone by, us as a civilization have always looked towards how to get a better deal, how to have more – essentially to prosper. We have created a bigger platform for you to do so. A connection of your peers giving their tips and tricks for what has helped them reach their finance and investment goals.

    From personal finance and making money, to financial news and small business, we cover it all at Platinum Wealth. Pose your money and investment questions in our money and investment forums, we'll make sure they get answered. We want to guide a new generation of money-conscious readers. We are here to share tips that will help you live large without sacrificing your financial independence.

Chatbox

Load More
You don't have permission to chat.
  • Forum Statistics

    • Total Topics
      1,024
    • Total Posts
      8,422
  • Posts

    • Thanks Saurus, most definitely take what you have said into consideration! I like emerging markets but I feel like with most of my exposure to SA I should probably not put as much as I like into them. Doing some research now into the other funds you mentioned!
    • thanks so much @SaurusDNA 👍
    • For local ETFs, capital gains, distributions (dividends) and REIT income is tax free.   For foreign ETFs, capital gains are tax free, but distributions (dividends) and REIT income is taxed by that country, so the only tax benefit to us within a TFIA is on capital gains.   Thus, in order of tax benefits in a TFIA (from biggest to smallest):   Local property ETFs have the biggest tax saving Local income ETFs (high dividends) Local equities Foreign equities Foreign income ETFs (high dividends) Foreign property ETFs have the lease tax benefit  
    • "GLODIV has been doing really well lately and is likely to continue. Not so great in a TFIA though as the unpleasantly high foreign withholding tax on dividends negates a large chunk of the tax benefits though, but it still does have excellent capital gains, so maybe still even worth having in a TFIA."     are the dividends taxed in a tax free savings account? foreign and local?
    • The 70% equities, 20% property and 10% interest bearing is the classic split. But yes, I suppose 10% dividends would make it 80% equities. But there's certainly nothing wrong with 80% equities!     I'm torn between STX40 and SMART. I really like a 50/50 split between these two.   PTXTEN is now merging with PTXSPY to create a new ETF (tentatively coming into effect from end July 2019). The new one is pretty much the same index as the Satrix STXPRO. Coreshares has promised to lower the relatively high TER with the merge (probably to compete with STXPRO). But you may as well flip a coin here between PTXTEN or STXPRO or watch the TERs once the new Coreshares ETF has settled in.   For the dividend ETF, both DIVTRX and STXDIV are decent choices. DIVTRX targets more consistent yields in the longer term whereas STXDIV targets higher yields in the shorter term. And then again, although STXQUA is not strictly a dividend ETF, it's dividends are usually excellent.     In my opinion, STXEMG has the most long term potential (although high risk), possibly even more so than tech shares. If you have a bit of appetite for risk, why not do 10% STXEMG, and then leave the ASHGEQ and go for STXWDM and/or S&P500.   GLODIV has been doing really well lately and is likely to continue. Not so great in a TFIA though as the unpleasantly high foreign withholding tax on dividends negates a large chunk of the tax benefits though, but it still does have excellent capital gains, so maybe still even worth having in a TFIA.     I personally like having a bit of a mix in my ETF portfolio.  If I were you, I'd mix it up a little and make it a bit more exciting.   What about something like:   Local equities: 20% STX40 and 20% SMART Local property: 20% PTXTEN Emerging markets: 10% STXEMG Offshore: 15% CSP500 and 15% STXWDM (or alternatively 10% CSP500, 10% STXWDM and 10% GLODIV)   Or if you don't like STXEMG but prefer slightly less emerging markets exposure, but still want some:   Local equities: 20% STX40 and 20% SMART Local property: 20% PTXTEN Local dividends: 10% DIVTRX Offshore: 30% ASHGEQ    
×
×
  • Create New...