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  1. Today
  2. Brendan

    Hi Everyone!

    Hi Shirou, thanks. I'm hoping to do a longer thread soon on how I started with forex and some resources I use. I am by no means an expert or guru so keep that in mind. Not sure how much you have learnt so far but for now I suggest going through this website " https://www.babypips.com/learn/forex ". This should give you a good foundation to start with on forex and they make it pretty fun, certain areas might apply to crypto and traditional markets as well, but this is mostly dealing with forex. Each and every trader has there own "fine tuned" method of finding entries and exits with a combination of there preferred "indicators", experience and risk management, so it can take some time to get confident enough.
  3. Yesterday
  4. Shirou

    Hi Everyone!

    Hi Brendan, welcome and this is amazing! Exactly what you are talking about is what I would love to do, but no idea where to start on the forex side to be able to do day trading and swing trading would love to do this as my main source of income as well one day, so if you have any tips how you start or doing it, it would be appreciated
  5. EdInvestor

    Google Sheets share value

    Makes sense. Thanks Bandit.
  6. Last week
  7. Brendan

    Hi Everyone!

    Hi all. I had joined here in March of 2017, but don't think I ever did a proper introduction. I live in KZN on the North Coast for now. I started realizing the need to get into investing, diversifying and saving some capital instead of living pay check to pay check which dwindles before your eyes in our current economy. I started with Easy Equities in 2017, investing in some companies with a percentage of my salary I could afford to loose. Then trading and charts got the better of me and I started learning the ropes via online resources and trial and error, I feel fairly confident with technical analysis on charts now but do know that every day I learn something new and the markets are unpredictable to an extent, If you have some strick money managment rules in place (using consistent win/loss ratios with your stop losses and take profits) and have an edge in reading charts you can become profitable with patience. This lead me to forex and cryptocurrencies due to there massive percent movement in a short space of time. Have been doing a lot of day trading, swing trading and have had my fair share of gains and losses (rollercoaster indeed), have gained and still gaining invaluable experience. I am truly enjoying this field and wish for it to become my main source of income very soon. I am a "Gamer ish" and spend a lot of time at the computer so this fits my lifestyle perfectly. If I can share my experience and thoughts here with others who are looking at doing similar, that would make me happy. Cheers and good luck out there for now. Don't fomo, patience.
  8. SlimArchi

    Tyme Bank

    So I’ve noticed that Tyme bank is up and running. They don’t charge monthly fees and it’s mainly pay for what you use. But what I’m interested in is their upper limited of 10% that you can earn on your savings account. Does anyone know if this is compound interest as it should be or is it simple?
  9. Bandit

    Google Sheets share value

    Google finance uses their own "exchange code". On Google "JSE" means the Johannesburg Stock Exchange. The same thing nn Bloomberg, for example, would be SJ. https://www.google.com/search?q=jse:+mrp https://www.bloomberg.com/quote/MRP:SJ To get a share prices you need to know 1) where it is trading (JSE, Dow Jones, Nasdaq) and 2) the ticker on that exchange for it. Example: if I ask you Naspers' share price how would you know if I am talking about the JSE or A2X price? Or Lonmin who is trading on the JSE and the LSE: https://www.google.com/search?q=jse:+lon https://www.google.com/search?q=lse:+lmi
  10. EdInvestor

    Google Sheets share value

    Just started using Google Sheets. Is there a way to use the formula [ GOOGLEFINANCE(ʺJSE:MRPʺ,ʺpriceʺ) /100 ] without including "JSE" in the formula? I assume it looks at the Dow Jones for the Ticker and hence does not find MRP unless I include "JSE".
  11. Cape Town - Thirty-one residential properties have been completely destroyed and 28 properties sustained partial to major damage in the raging fires in the Betty's Bay area, east of Cape Town, the city's fire chief Theo Lane said on Saturday. A final inspection of all residential properties to ensure that every person was evacuated was done overnight, while "complete extinguishment of affected properties were being done", he said. "Thirty-one residential properties completely destroyed. Twenty-eight properties sustained partial to major damage. It is estimated that more than 12 800 hectares of vegetation was destroyed. "A full impact study will carried out to determine how much of the rare and endangered species of flora has been affected. Crews will remain on [the] scene for some considerable time to ensure that the fire is completely extinguished. The overnight rain has allowed for rapid cooling of the burn area," Lane said. Clarence Drive (R44 ) was reopened during the early hours of Saturday morning and no further road closures were in place, he said. On Friday night, residents of Franskraal near Gansbaai on the Southern Cape coastline were ordered to evacuate after the wildfire roared out of control, fanned by gusting wind. The Overstrand Municipality issued an emergency evacuation order as the fire raged, with authorities designating the Gansbaai Tourism Office Hall the emergency evacuation point. The order by the municipality's fire and disaster management department declared, "This message is for your safety, you are to immediately evacuate your home." A wildfire in the Karwyderskraal area also saw evacuation ordered for farms in the Hemel-en-Aarde Valley area. The areas evacuated by the Joint Operations Centre (JOC) at Hermanus Municipality Disaster Management are sections of Betty’s Bay; Gansbaai - Franskraal has been evacuated; and Karwyderskraal - Camphill, Bona Dea, Farms at the bottom end of Hemel-en-Aarde, and sections of Northcliff, Eastcliff, Fernkloof, Hermanus Heights, have been evacuated. Source: IOL
  12. Platinum Wealth

    Forum Rules

    Platinum Wealth Financial Forum Our mission is to provide the best public forums for discussing money, finance, investing and personal wealth. We invite seekers of knowledge and experts in all fields of finance to take advantage of our financial and investing forums to learn and share. Personal promotions are welcome, but only in designated areas, please contact support to ask where you can post promotions and how if you have not been contacted by a forum admin directly. Rules This thread contains the most up-to-date forum rules, It details the rules that members agreed to at registration. (You did read them, right?) Ignorance is not an excuse. Posting Rules In order to keep our forums civil, organized and free of spam, we ask that members read and follow these guidelines. Promotion of your business, email, website or opportunity is only allowed in your profile and signature. In all other forums, posts that have no purpose other than to display a link, to promote, or to solicit, may be deleted. This rule does not apply to company representatives. Affiliate Links are only allowed in your signature. Out-of-place affiliate links will be edited. Threads may be removed. Cross Posting by posting the same message in multiple forums is spamming and annoying. Duplicate posts will be deleted in all locations. Dead Thread Revival by posting to an archaic topic that has seen no activity in several weeks is not good etiquette and any such posts might be removed. This will be open to interpretation by the mod in question. Respect your fellow posters. All posts should be English. Afrikaans here and there is not a big issue, but for forum SEO and google compliance use English for everything. Also, please, no gambling or casino related posts, links or promotions of any type. Spam Policy As our financial community is burdened daily with fraudulent offers and get-rich-quick schemes we have a strict policy of removing spam and banning those that ignore our common-sense rules. Failure to follow our forum rules, or posting any of the following forbidden promotions will result in the post being deleted, or edited and moved to the spam forum. The member will be banned immediately if they have contributed only the spam, if a decent member makes a mistake we may let that go with a warning. Those here only to spam their offer should not register. Private message spamming should be forwarded to me. PM spammers will be banned. Forbidden Promotions Platinum Wealth is for serious discussions around finance, investing and money making. None of these known scams and sources of spam may be posted, promoted or linked to in any way (including signatures and private messages). Pyramid Schemes are expressly forbidden in all forms. Matrix Sites are automated pyramid schemes and are forbidden. Doublers are automated pyramid schemes and are forbidden. Randomizers are automated pyramid schemes and are forbidden. HYIPs are mostly blackbox pyramid schemes and are forbidden. Envelope Stuffing is a pyramid scheme variation and is forbidden. Paid to Search schemes are forbidden. Ad Placement is a pyramid scheme variation and is forbidden. Mystery Offers with no or little details are not allowed. Begging Requests are strongly discouraged. Financial Experts If you are a certified financial professional or a career expert in investing or credit, offering regular advice in our forums, we can assist you with an array of free advertising options and marketing advice for your online presence. Contact us for details.
  13. Outlook

    JSE Stock picks for 2019

    Can we add KAP to this list?
  14. Outlook

    Stock Watch Thread

    It feels so weird to think Steinhoff is now a mid-cap company.
  15. Noobly

    Documentaries

    Inside Rolls Royce Documentary HD Filmed over a landmark six-month period for the marque, Inside Rolls-Royce captures the extraordinary lengths Rolls-Royce’s dedicated and passionate workforce goes into creating and presenting the world’s finest motor cars. The film tracks the crafting of the Celestial Phantom – the most valuable Bespoke Rolls-Royce ever created. The extraordinary feat of hand-setting 446 diamonds into the car’s interior serves to display Rolls-Royce’s hallmark attention-to-detail.
  16. Bandit

    Bloomberg Watchlist

    Assuming you mean this: https://www.bloomberg.com/markets/watchlist There is a pie diagram at the top. You can click on it (the center or outer segments) to either drill down or up one level. Below it you'll see a couple of tabs defaulted to "Summary". If you click on the "Edit" one you can add a new lot with the date and price (in cents).
  17. LentilSoup

    The Banking fees for 2019

    2019 banking fees Fees at Standard Bank, Absa, and Nedbank have all been hiked this week. FNB updates its fees in June, while Capitec’s fees will be updated in February 2019. Old Mutual’s Money Account fees are effective from October 2018, while Bidvest Bank’s new Grow account launched in December. The tables below show how fees for South Africa’s five major retail banks have changed, year-on-year, taking into account the April 2018 change in VAT to 15%. The accounts used are the respective banks’ mid-market accounts, where applicable. The calculations are based on an R500 transaction, which the banks have said is the most common range for cash-based transactions in the country. One of the big changes between 2018 and 2019’s fee schedules is the restructuring or ’rounding’ of fees that were raised to be in line with the new VAT rate. In some cases, this has led to a slight decrease in prices, which appear to be have been absorbed by hikes elsewhere. Nedbank’s fee structures for 2019 have changed significantly, bringing it more in line with competitors, and seeing a significant reduction in some fees. Bidvest Bank’s Grow Account is a new account that will ultimately replace the current transactional account, so its fees are compared to the standing fees for the latter account. Other new entrants that qualify as traditional retail accounts (such as African Bank’s myWORLD) will be included upon launch. Digital-only banks (Discovery Bank, TymeBank, BankZero and FNB eWallet eXtra) will have a separate feature when the banks have launched. You can review Capitec’s full 2018/19 pricing here. You can find FNB’s 2018/19 pricing guide here. Absa’s full 2019 pricing can be found here. Nedbank’s Savvy Plus 2019 pricing can be found here. You can view the Old Mutual Money Account fee schedule for 2018/19 here. Standard Bank’s full Elite 2019 pricing can be found here. You can view the Bidvest Bank Grow fee schedule for 2019 here. Source: https://businesstech.co.za
  18. Earlier
  19. EdInvestor

    Bloomberg Watchlist

    G'day, Newbie here. I read and saw on a previous post on this forum about using Bloomberg to track ones portfolio. Someone posted a diagram of the % split. I created a Bloomberg account and added my ETF's but I don't see where one can produce/view the portfolio split diagrammatically. Is there a 'How to use Bloomberg Watchlist' beginners guide? Where do I add the date I bought the stock and at what price etc? I use EE to buy ETF's. Is there another tool I can use for this purpose other than Bloomberg? I'm a very late bloomer when it comes to 'taking ownership' of my finances......
  20. SaurusDNA

    What property ETF to buy?

    Here's an excellent series of reviews on each of the property ETFs if you want some bedtime reading: Property ETF Series Part 1: CoreShares Proptrax SAPY Property ETF Series Part 2: CoreShares Proptrax Ten Property ETF Series Part 3: CoreShares S&P Global Property Property ETF Series Part 4: Satrix Property Property ETF Series Part 5: STANLIB SA Property ETF Property ETF Series Part 6: Sygnia Itrix Global Property ETF Note though that the long-term historic yields are not really applicable at the moment since the current yields have more than doubled in recent times, making property ETFs extremely attractive at the moment.
  21. SaurusDNA

    JSE Stock picks for 2019

    That's a good list. I particularly like CML and SHP for 2019. For community picks - I'd like to add Dis-Chem (JSE:DCP) and Discovery (JSE:DSY) to the list.
  22. SaurusDNA

    What property ETF to buy?

    Global property returns are always significantly less than local property returns (see table below). Since property ETFs are supposed to primarily produce income, I'd automatically remove GLPROP and SYGP from the list (these two I'd add if you specifically want diversification in the global section of your portfolio, but as an income earner main property ETF, the returns on these two aren't great compared to local property, even taking into account the average annual 4% Rand depreciation. ie. even with the 4% annual drop in the Rand taken into account, these indices consistently perform at roughly 3% lower than local property ETFs. I personally don't like PTXSPY and STPROP because these are uncapped and are heavily weighted in favour of three companies - they each have 50% of the total ETF in just Growthpoint, Redefine and Nepi Rockcastle. That being said, PTXSPY was the best performer of the six for the past year in terms of yield, but was the worst performer in terms of growth, due to the higher weighting of the big three. STXPRO and PTXTEN are both capped at 10% in any one company, which is a major plus in my opinion. The difference between STXPRO and PTXTEN is that PTXTEN is made up of the top 10 companies, each making up 10% of the ETF (equally weighted). On the other hand, STXPRO is made up of 15 companies at the moment, weighted by market capitalization, with a maximum of 10% in any one company. The difference in performance in earnings yield from PTXTEN is roughly 2% higher than from STXPRO. For the past year, the distribution yield from PTXTEN was 8.57%, whereas from STXPRO, it was 6.45%. This extra 2% makes a huge difference, and more than offsets the higher TER. The current income yields for the six you mentioned are as follows: PTXSPY: 9.00% PTXTEN: 8.57% STPROP: 8.45% STXPRO: 6.45% GLPROP: 2.76% SYGP: 1.99% The growth from the four is pretty similar (graph below), so I'd say you should choose using yields and risk as the criteria for your choice. In respect of yields, PTXSPY, PTXTEN and STPROP are pretty similar, with PTXSPY taking a slight lead. However, PTXTEN is less risky, being capped at 10% in any one company, whereas in the other two, you're the the mercy of the big three. For me, risk management is more important than the tiny extra percentage from PTXSPY, so my personal choice is PTXTEN. But in all fairness, all four of the local ETFs are pretty great and boils down to personal preference - performance vs appetite for risk.
  23. Spreadsheet Ranger

    JSE Stock picks for 2019

    Following below is a selection of stocks that various industry professionals have picked to be their shares to buy for 2018. Please note this post in no ways endorses their selection of JSE stocks to invest in, but that is to be seen as an informative post for you to use in your own research. Mr Price - (JSE:MRP) Sasol - (JSE:SOL) Life Healthcare - (JSE:LHC) Shoprite Holdings - (JSE:SHP) Telkom - (JSE:TKG) Woolworths - (JSE:WHL) British American Tobacco - (JSE:BTI) Wescoal - (JSE:WSL) Aspen Pharmacare - (JSE:APN) Distell - (JSE:DGH) City Lodge - (JSE:CLH) Coronation - (JSE:CML) Sources: https://businesstech.co.za/news/finance/291986/8-long-term-stock-picks-for-2019-and-beyond/ https://www.fin24.com/Finweek/Investment/five-shares-for-2019-20181218 http://www.702.co.za/features/1/money/articles/49/buy-these-three-stocks-if-you-love-large-dividends https://www.businessinsider.co.za/this-is-the-best-place-to-invest-r10000-now-experts-say-2018-5 https://www.moneyweb.co.za/moneyweb-radio/stocks-to-watch-in-2019/ https://www.businesslive.co.za/bd/markets/2018-12-13-watch-stock-picks--sasol-and-jse-all-share-index/ http://www.capetalk.co.za/podcasts/201/the-best-of-the-money-show/172007/3-best-jse-shares-to-buy-at-the-start-of-2019 I want to add the Platinum Wealth Community picks as well. So suggest stocks that you believe will do great in 2018 and I will add them below. (I am adding L4L) Long4Life - (JSE:l4l) Discovery - (JSE:DSY) Dis-Chem - (JSE:DCP) ... Type the name of the share followed by down vote and it will be removed from the community list.
  24. Spreadsheet Ranger

    What property ETF to buy?

    I am looking to add property to my portfolio again, in the past I owned PTXTEN, the TER on that ETF is 0.54% vs 0.25% for the Sygnia itrix global property ETF. What is the best property ETF to own going into 2019 for the next 10 years.
  25. Shirou

    ETF Portfolio advice

    Great! makes a lot of sense now, thank you so much for explaining, much appreciated! I guess you then just gain benefit from the dividends in the long run as well? For either re-investing or taking for yourself.
  26. SaurusDNA

    My investment strategy for 2019

    My Reasons for my strategy: Local vs global: First, my thoughts on local vs global ETFs. For the last 20 odd-years, the Rand has averaged a depreciation against the Dollar of roughly -4% per year. The S&P500 has had roughly 6.8% growth, thus giving a total return of roughly 11% (including Rand effects) by investing offshore. The JSE, on the other hand, has performed at over 15% per annum for this period. Global returns are generally lower than local returns because inflation is lower globally than in RSA. Thus, even with the dropping Rand, local returns historically still trump global returns in the long run. That's why I'm happy with a 50%/50% split in global vs local ETFs. My ETFs - the good and the bad: CTOP50: The JSE has never been cheaper. It's P/E is good enough even to start being attractive to foreign investors. Also, I love that 10% cap in any one company. This ETF is a must. DIVTRX: If the bear market continues, high-dividend shares perform better. That's why I'm holding on to this one for now, but eventually (after the market starts to recover), I may sell this and buy CTOP50 with this money. PTXTEN: Different asset class - not correlated to the JSE. Property always does well in the long tern and is at a 52-week low. A steal at this price. STXQUA: I just love the companies in this ETF - such attractive fundamentals. I own this one simply because I believe in the companies that this ETF represents. ASHGEQ: Diversified global. Core ETF. GLODIV: A smart-beta ETF - its methodology may outperform the global all-share index in the long run, so a competitor for ASHGEQ. GLPROP: Global property. I'm not too sure about this one, as global property returns are not generally as good as local ones, even with the extra 4% per annum Rand depreciation. I may sell this one eventually. For now, though, with the uncertainty in the market, this is just to have a different asset class. STXEMG: Highest potential for growth over 25 years. Emerging markets fluctuate wildly but always outperform developed markets in the very long term. SYG4IR: I had to have some Tech shares, but I already have too much in the USA through my other ETFs, Thus, this gives my exposure to the newest and most exciting tech in Asia. If I didn't have this I would replace it with STXNDQ, but I just don't want too much USA at the moment. The USA has had it's longest bull market in history. How long can it continue? It might, but I prefer to be diversified. My shares - why I own/will continue to buy these ones: CML: Dividends of almost 10% per annum - that's better than cash even before growth! My favourite stock pick for 2019 at the moment. CPI: Continues to remain strong, even in the terrible 2018. DCP: Tough choice between either Dis-Chem or Clicks. But I didn't want two in the same sector, since the two are very well correlated. I just feel that since Dis-Chem is new and Clicks is already well established, Dis-Chem has more potential for growth between the two. DSY: Historically rock solid, and with Discovery Bank on the way, it looks even more attractive than its already dazzling history. L4L: Still holding on to the belief that this one will take off one day. A bit of a risk, but it may pay off. MRP: Had a bit of a dip, but recovering nicely. Cheap clothes of reasonable quality must do well in the long run. And with its competitors in the clothing department losing the plot (I'm thinking Woolworth and Edgars here), it just has to go up. SHP: The poor performance of this stock has been due to negative inflation of the food products on its shelf (the average prices of its shelf actually dropped in 2018), thus dropping its turnover (and profit). As food inflation is expected to rise in 2019 (also with drought predicted again) this should reverse the losses and lead to considerable gains. This share is also very cheap at the moment.
  27. SaurusDNA

    My investment strategy for 2019

    So, this is what I'm going to do in 2019: My Tax free investment portfolio for 2019: I'm going to continue to add R2750 monthly to my TFIA. I currently have the following portfolio, and will continue in the same proportions: Local ETFs (50%): CTOP50 15% DIVTRX 10% PTXTEN 15% STXQUA 10% Global ETFs (50%): ASHGEQ 10% GLODIV 10% GLPROP 10% STXEMG 10% SYG4IR 10% My stocks for 2019: All extra monthly money above my TFIA, I usually put into stocks. I will continue doing so in the following stocks: CML (Coronation) 14.3% CPI (Capitec) 14.3% DCP (Dis-Chem) 14.3% DSY (Discovery) 14.3% L4L (Long for Life) 14.3% MRP (Mr. Price) 14.3% SHP (Shoprite) 14.3%
  28. SaurusDNA

    ETF Portfolio advice

    Investing is very different to trading. Selling and buying long-term investments is not generally considered a good idea - the costs of buying and selling are high, taxes come into effect when selling, and timing the market is near impossible. If, like me, you also want to take advantage of the short-term movements in the market, better to open a separate trading account for that purpose and keep your long-term investments as buy-and-hold. As the age old long-term investment advice goes: "It's not about timing the market, it's about time in the market." My strategy to maximize gains from shorter-term movements (in my long-term investments) is to plan at the beginning of the year what I'm going to invest for the year. Then, each month, I buy what is cheap and then just hold forever. So, if the rand is strong, I buy my global ETFs, so that when the Rand weakens, I get further gains from the exchange rate. When the Rand is weak, I buy my local ETFs. Similarly, I buy my ETFs when they are at a low. But I never sell!!! For example, I bought all my 2019 PTXTENs already since it is at a 52 week low. NB: Note, however, that this strategy works for ETFs that are intended for long term investment, where the ETF is diversified. It does not work for single stocks, since a 52-week low in stocks may indicate weak financials or other reason. Buying the low in the long term is only really suitable for ETFs or unit trusts, not for single stocks!!!
  29. Shirou

    ETF Portfolio advice

    @SaurusDNA Also thanks for this, I am also not as clued up with where to invest in, so I've been using this method here and diversify to invest like this currently. Also another questions I am unsure off, do you guys just invest and let it go... or do you guys sell high and buy low constantly, not sure what is the best method with Stocks and Bonds or the method?
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