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PTXTEN is looking extremely attractive at the moment. With an 8.61% dividend yield for the past year (probably will be over 10% next year now that the price per units has dropped so much this year), this means you'll be scoring at least a 10% return on this ETF even if the price stays flat. If the market recovers and we get double digit growth again next year, it's possible we might even be getting a 25% - 30% return on this ETF next year. I've bought quite a bit of PTXTEN in the past two months. Also look at bond ETFs, which give you more flexibility than a two year fixed bond. The NFGOVI bond ETF in particular has done well this year with a 7.61% growth so far. But as long as PTXTEN doesn't drop further, its dividends are still better. Of course, there's also the chance it will continue to drop, whereas bonds or bond ETFs are a safe bet.
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Who has RSA Retail Savings Bonds?
Spreadsheet Ranger replied to Spreadsheet Ranger's topic in Investments
The bond market does not look like a bad option if I invest for 2 years. Alternatively, I am thinking of maybe putting it in a PTXTEN ETF (Should get quarterly dividends) - Any idea how to work out what that will be? -
Only new deposits from outside the account to inside the account contribute towards the limit. Anything that happens within the account doesn't count towards the 33K limit. This means you can reinvest dividends, buy and sell ETFs as you wish within the account - change back and forth between Cash and ETFs etc, as long as you don't withdraw them from the account. None of these affect the limit. So basically, it's only brand new deposits into the account from outside the account that contribute to the limit.
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Hi I started contributing to my EE TFSA this year and have seen some dividends payed out that are now reflecting in my "funds to invest"tab. Since I have already maxed out my 33k annual contribution, would reinvesting those dividends be seen as exceeding the 33k limit? Or would it still be seen as investing/buying/selling within the amount what I have contributed. Thanks a lot!
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kkarthikeyan628 joined the community
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Thanks. Would do.
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Black Friday 2018: The best deals in South Africa
Bandit replied to LentilSoup's topic in General Chat
@Spreadsheet Ranger - a bit late but this might be a good deal (not that I think the retail price is R2000, but it still looks like a good deal) https://www.bidorbuy.co.za/item/387852035/Palsonic_12_Litre_Convection_Oven.html -
I would wait. The market is at a 52 week low and INDI, for example, is down 25%. I'd hang on to what I have for now, and start balancing it out by only buying those that you have too little of.
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BTW, when can I re-balance my portfolio. Should I wait for the markets to pick up a bit?
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Yes, there is duplication. I would definitely re-balance my portfolio. Thanks a stack SaurusDNA. Thanks for taking the time in providing me your advice. It is much appreciated :)
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Hi Taurus and welcome to the forum. Disclaimer - I'm not a financial adviser - just a forum member with a few years of self-study and experience who invests and trades on the JSE, and the following discussion is based merely on my own observations and opinions. Yes, you have too many ETFs. It's not so much the number though, but rather that you have some that track exactly the same index/companies which duplicates your costs and skews your perceived exposure. A few observations: 1. A massive chunk of your investment is indirectly invested in a single company - namely Naspers. The Satrix Indi, Top 40 and RAFI are basically all investing in exactly the same few companies, but in differing percentages. The Indi is largely Naspers, which has historically performed exceptionally well, but now that the fundamentals of TenCent (of which Naspers owns 30%) has changed, the future may not be anywhere as near as attractive. I'd definitely be nervous with such a big percentage of my portfolio in Indi (plus, it's never a good idea to have such a big chunk of a portfolio in a single sector). If it were me, I'd combine all three of these into Satrix 40. 2. The Satrix S&P 500 and the Sygnia Itrix MSCI World are pretty much the same thing with a tiny bit of extra emerging market exposure in the MSCI world ETF. This is duplication and skews your exposure. 3. If you're looking for diversification in property, I'd go at least 20% property (10% local property (PTXTEN) and 10% offshore property (GLPROP)), since it's a different asset class and doesn't necessarily correlate to stocks. If the stock market crashes, these may very well shine. In fact, in the long term, property has always done well. 4. Ashburton Government bonds - a different asset class which is good for diversification but in the long run doesn't do as well as equities. Having these in your portfolio depends on your risk tolerance - these are much safer than stocks, but underperform in the long run (longer than 10 years). If you want diversification with bonds, go at least 10% bonds. Otherwise, it just doesn't add any value to your portfolio, because at 2% of your portfolio, the purpose of this asset class (risk reduction) simply isn't significant and you may as well put it in something higher risk with better potential returns. 5. Sygnia Japan and Eurostoxx: These are already covered in MSCI world. The combination of S&P500, Japan and Euro is pretty much what MSCI world has done for you anyway - you're just duplicating the Sygnia MSCI world ETF and splitting it up into it's components. All you get by having all of these is more costs and a skewed sense of diversification. Why not just combine all of these into MSCI world? 6. Nasdaq and Sygnia 4IR: I personally like tech shares and I think these will do well. Personally, I'd buy more than your 2% in tech - maybe 5-10%. 7. Satrix Quality: I love this ETF. The companies in this portfolio are fantastic with amazing fundamentals. The dividends from this ETF are also extremely attractive. 8. Satrix Fini: This sector is already very well represented in the top 40. Just more exposure to the same thing. NB: Your current exposure to the local Top 40 is 68% of your portfolio (26.14% Indi + 20.32% T40 + 12.03% RAFI + 9.07% Fini, which all have the same companies, especially Naspers, which is more than 20% in your case) This is the whole point - you think you're diversifying, but you're not! If it were up to me, and you asked me to re-balance your portfolio using your selection of ETFs, I'd sell INDI, RAFI, FINI, S&P500, Japan, EuroStox, and combine a whole lot of your ETFs to buy: 60 % Core Shares (Local and Global): STX40 - 20% STXQUA - 10% SYGWD - 20% GLODIV - 10% 20% Property (Local and Global): PTXTEN - 10% GLPROP - 10% 10% High-risk but high potential tech shares: STXNDQ and/or SYG4IR - 10% 10% bonds (If your proposed investment period is less than 10 years) or better still, buy 10% in emerging markets (STXEMG) instead. ASHWGB - 10% (Alternatively, rather than bonds, I'd use this 10% to buy emerging markets in the form of STXEMG, which has exposure to China, Brics countries etc. - lots and lots of long term potential).
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Hi This is my current Portfolio of ETF's. The Y/N indicates a monthy Debit Order Investment. Do I have too many ETF's in my portfolio? Is there any changes that I can make to the portfolio for better growth? Any suggestions welcome. Thanks
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melram84 joined the community
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Monya joined the community
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No matter how they spin voting tonight (& they will try) #GPL Grand Parade Investments given fat snotkop from eligible voting shareholders 2 new non-execs voted IN 1 current non-exec voted OUT & voting was CLOSE. 47/48% voted against the board in key resolutions #wakeupcall From smalltalkdaily
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Wow #GPL Grand Parade Investments voting for removal of non-exec directors & replacement from ‘activists’ is VERY close No matter how #GPL spin this this is not good news 3 non-exec’s got @51/52% FOR balance against : VERY tight One director (Rasheed Hargey) removed (61%)
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Only picked up on this story today, don't know who else saw it ? TWK Agri trading on a 4 PE and 4% Div yield ... looks like a bit of a diamond in the rough , any thoughts ? https://www.moneyweb.co.za/news/companies-and-deals/there-is-life-in-agri-yet/ https://www.zarx.co.za/company-list/entry/twk-investments-limited
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Ludwig joined the community
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Who has RSA Retail Savings Bonds?
backstreetboy replied to Spreadsheet Ranger's topic in Investments
In a Tyme Bank GoalSave https://www.tymebank.co.za/banking/personal/goal-save/ -
Sias joined the community
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City of Ember 7/10 It was a great movie, but I feel they could have done so much more with the story. In fact, City of Ember would have made a stunning series imo.
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The Ballad of Buster Scruggs 1/10 Probably the worst movie I have ever watched. Two hours I will never get back. Funny thing is I used to think there will be no movie worst than The Killing of a Sacred Deer, but this movie took the spot.
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Great article from Bruce Whitefield, I bet your banker did not explain it to you in such clear terms: Banks love it when you don’t settle your credit card balance in full. If you owe your bank R10,000 and pay R9,999, then they are entitled – as per the small print – to charge you interest on the full R10,000 rather than the R1 that you failed to pay. It may seem iniquitous, but those are the rules. They even have a special name for people who pay the minimum amount every month on their credit card statements. They are called “revolvers”, and they are charged significant amounts of interest for extending the agreed borrowing period. That is as opposed to “transactors”, who pay the full outstanding balance monthly, having taken advantage of the reward scheme and the interest-free period made available to them. Banks are not great fans of transactors as they make lower fees and earn less interest from them. Still, the financial institution does make a percentage every time their customer uses the card, so don’t feel too bad for the bank. Source: https://www.businessinsider.co.za/beware-these-fiendish-credit-card-tricks-2018-12
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How to get a Capitec credit card
YoungInvestor replied to Spreadsheet Ranger's topic in General Finance
See link https://www.capitecbank.co.za/bankbetterlivebetter/articles/using-your-credit-card -
How to get a Capitec credit card
YoungInvestor replied to Spreadsheet Ranger's topic in General Finance
Hi Ranger, I believe it's when you have a debit balance on your credit card, they will give you that interest rate. They even advise depositing your salary into your credit card on their website, strange, but with interest like that on a positive balance I would -
How to get a Capitec credit card
Spreadsheet Ranger replied to Spreadsheet Ranger's topic in General Finance
Capitec: Mr (my surname) , based on your credit profile, we've reduced your credit card interest from 20.75% to 20.15%. So that's a plus, I didn't know they will change the interest on the fly based on your credit rating. -
In the spirit of diversification, I am contemplating if I should put some money into an RSA retail savings bond? I have R20 000 which I want to invest for the short term (14 - 24 months) I don't think I will easily be able to match 5 - 7% growth in EasyEquities with share picking and I don't feel like putting this into an ETF either. I would preferably want the interest earned to be re-invested into the account. Any ideas where best to put this money, it's far too tempting to keep it in my Capitec Account (too easy to access for stupid stuff like Sushi.)
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With all the pain being felt in the crypto currency space its interesting to note how the market is maturing. The market for STO's is huge !! Security Token Offerings – the next Multi-Billion Dollar Market in 2019? Initial coin offerings (ICOs) were all the rage in 2017, raising a massive US$5.6 billion, but this year saw the emergence of the security token offerings (STOs), a market that’s predicted to be worth some US$10 trillion by 2020. In opposition to tokens offered in an ICO which do not give any rights or obligations and instead provide access to a specific network, platform or service, tokens offered in a STO are actual financial securities that are backed by something tangible like the assets, profits, or revenue of the company, and which offer legal rights such as voting or revenue distribution. A security token performs the same function as a conventional security, except that it confirms ownership through blockchain transactions http://fintechnews.ch/blockchain_bitcoin/security-token-offerings-the-next-multi-billion-dollar-market-2019/23849/
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Not too much negativity so far and some trading interest although movement at the low current value gives large percentage swings . Seems like the plunge to 1c is not on the cards at present. Some good news regarding acquisitions will help to spur an upward climb in the new year. Too early to call so I am holding on at the moment - not buying or selling.
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Just ordered the Charge 2 for my wife and me. Will keep you guys posted.
