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Showing content with the highest reputation since 06/16/2019 in all areas

  1. 2 points
    Welcome to Volatility in Crypto buy and hold long term.
  2. 2 points
    I wouldn't say there are too many duplicates, just looks like a shotgun approach. PTXTEN and GLPROP gives you worldwide property exposure - shap! SYG4IR and STXNDQ are "niche" funds with very good potential - shap! The Top40 and Quality SA ones are somewhat of a duplication. Global DivTrax is a subset of the S&P 500. MSCI World Already contains a lot of the top US stocks (S&P500) as well. Not saying you should but you could combine all three of those into the MSCI World OR combine those three and the Emerging Markets one into ASHGEQ which contains developed and emerging market shares from around the world. You also may want to consider the cost of rebalancing your portfolio. Unless you have a real need it is probably better to just stop funding some of them and carry on funding just the select few you wish to carry on with. But there are various factors like the amount of funds allocated to the ETF, the TER of those extra ETFs, the transaction costs involved, potential tax implications etc. That said, I've done it a couple of times when I started out and lost a couple of Rand in the short term Disclaimer: Personally I hold the following in two investment accounts: Regular ETF Portfolio Global Divtrax (stopped funding in favour of CSP500) Global Property S&P 500 and TFSA S&P 500 (stopped funding in favour of MSCI) MSCI World Nasdaq 100 So I carry duplications myself but in my case I don't think it is worth selling off the one just to move it to the other. I'll take another look at it again the end of the year (or if Trump does something stupid even by his very low standards). You may (or may not, probably not) note that I do not carry any SA shares in either of these, that's because I have an RA, Pension and a bond all heavily exposed to South Africa. I do hold a bit of funds in a Rhodium ETF and a bit of crypto but these are very small amounts, which sucks since Rhodium is up 47%
  3. 1 point
    What a nightmare! The old SARS website was perfect. The new one just doesn't work. Firstly, it doesn't save the return correctly. If you save part of the form, it forgets what you've already done - it only saves the changes and forgets what you've done previously. Secondly, the "view calculation" doesn't work on any browser. Thirdly, the "Print" buttons are all broken. You get an error message after pressing print on anywhere on the website. There is no way to verify your calculations before submitting. After submitting, there is no sms, e-mail or anything to confirm that you've submitted. On the site, it says "filed" but there is no notice of assessment or anything. This new site is an absolute disaster. I've submitted my return and I have no idea whether or not it's been received in good form or not.
  4. 1 point
    Yea, it looks like that, just wish could change banking info online, argh... to think to go to a SARS branch just ruins your mood, haha
  5. 1 point
    New venture by Michael Jordaan. Seems interesting. It’s a token that is linked to the DCX10 Index which tracks the top 10 crypto currencies, so it cannot be traded. So instead of creating risk by attempting to foresee movements in individual currencies you can spread the risk over the top 10. Similar to a regular ETF that tracks the index. I’m quite liking the idea, but am very interested in people’s thoughts. Some further reading: https://mybroadband.co.za/news/cryptocurrency/310383-michael-jordaans-cryptocurrency-investment-pick.html https://blogs.easyequities.co.za/invest-in-the-dcx10-crypto-token https://research.easyequities.co.za/investing-in-cryptocurrencies-easy https://www.dcx.capital/indexRules
  6. 1 point
    ...this stock is in freefall. Stellenbosch accounting? To think TON and EOH where both stocks Sanlam's (Sanlam Private Wealth) analyst Alwyn van der Merwe said where the stocks to buy.
  7. 1 point
    First, just to be clear - I'm not a financial advisor so if you are unsure about any of this stuff you need to ask a pro That said, that TFSA composition looks good depending on the actual % split. You could for example look at it in this way (all thumb sucked values): I want 30% South Africa and 70% offshore. I want 15% property exposure, 10% niche/fringe investments and 75% regular shares. Therefore: Property SA: PTXTEN - 30% of 15% = roughly 5% Offshore: GLPROP - the rest of 15% = roughly 10% Niche/Fringe These are all offshore, so 50/50? STXNDQ: 5% SYG4IR: 5% Regular Again all offshore but assuming you had CTOP50 or STXT40 for the sake of the example: SA: CTOP50 - 30% of 75% = roughly 25% Offshore: SYGWD - the rest of 75% = roughly 50% So: PTXTEN - 5% GLPROP - 10% STXNDQ - 5% SYG4IR - 5% CTOP50 - 25% SYGWD - 50% But like I said, completely made up and the SA vs Offshore split may be irrelevant (as in my case). If the amount you are investing is small the above split may attract a lot of fees as well meaning that for the R1000 you are investing it will cost you R20 for two ETFs and R120 for six (again, made up numbers to get the idea across). The only difference ASHGEQ would make to that setup of yours (assuming you replace MSCI World with it) is add emerging market exposure at the expense of some developed world exposure. To put it in very over simplistic terms: ASHGEQ = STXWDM + STXEMG. You could do this though if you wanted a hassle free portfolio that just chugs along: ASHGEQ - 85% GLPROP - 15% ...and if you wanted to add South Africa: ASHGEQ - 50% GLPROP - 10% CTOP50 - 35% PTXTEN - 5% ...and later when you've built up this boring portfolio to a sizeable amount you start adding Nasdaq etc to it. Ideally you want to be in a situation where you put this thing on auto pilot via debit orders and rebalance it once a year (every January for example) and forget it exists for the other 364 days a year.
  8. 1 point
    I've put some money into DCX10 yesterday when it launched on EE, the great thing I like about it is the Weight is calculated on the Market cap of the coin from their Top 10 Coins on their Index, so yesterday Bitcoin was on 66% Weight it is now on 68% as the Market Cap increased for Bitcoin and Eth is on 11%, another platform I've seen called Rivex they just do 10% Weight on the Top 10 Coins which I don't like at all, I definitely like DCX10's strategy. Also, I just like the simplicity of it and that it is now available on EE, as I don't need to manage it myself or buy/sell constantly and keep track of 10 Wallets, this is wonderful for me right now.
  9. 1 point
    Update: Posting here since the price passed $10k today (22 June 2019) that is over 180% in the last 6 months. Of course the price could still go down....I still feel the price will range between $6k and $10k for the rest of the year....but now that $10 is breached, maybe I can raise the upper limit to $12k. The bigger picture is the long term price after the next halving event in May 2020. ETA is 21 May 2020, which is 334 days away. A lot can happen in that time, but I still feel it will be an upward trajectory. The months following the halving will be when the real exciting stuff happens... I wrote an update to my post on bitcoin investing here: https://www.bitcoinzar.co.za/easy-bitcoin-investment-in-south-africa/ It shows how dollar cost averaging can be an easy way to accumulate bitcoin over time, which can increase in value. One of the tools I used to demonstrate is available on this website: https://dcabtc.com/ It shows you how much value you could have made had you been dollar cost averaging already. Here is an example: "Wow! Buying $50 of Bitcoin every month for 3 years starting 3 years ago would have turned $1,800 into $7,684 (+326%)"
  10. 1 point
    Welcome to forum Vinnie!
  11. 1 point
    Line of Duty (Netflix). About events in the Police Ant-Corruption Unit. Season 1 has 5 episodes and I believe Season 2 will be making its way to South Africa. Really worth watching. 9.5/10
  12. 1 point
    I Am Mother (2019 - Netflix) 7.5/10 Good performances, interesting premise. I felt they could've made a little more of the story though - it just kind of fizzles out towards the end.
  13. 1 point
    Nice. Do we have any PW Telegram groups btw?
  14. 1 point
    Happy to be here! Thanks for the warm welcome.
  15. 1 point
    Nifty site I stumbled upon over at Share Forum. http://itradedata.co.za/index/i_fullname.htm You can do Share Lookups: [*]By Shortname [*]By Fullname [*]By Sector [*]ETFs [*]ETNs
  16. 1 point
    Money is in Yesterday I transferred money from Capitec to TymeBank via an EFT at 7 pm (11 Feb 2019) the money reflected now in my TymeBank account at 7 pm (12 Feb 2019) so it took 24 hours, not impressive, but I think that has more to do with Bankserv than it has to do with TymeBank. Login page Tymebank online banking dashboard Tymebank everyday account overview Tymebank transaction details Underlying code observation The Tymebank online banking interface is incredibly smooth in terms of the layout, it's build using an off the shelf framework called Bootstrap v3.3.7, which means they used an open source front-end with some custom modifications (very startup-ish, but I like their implementation it's clean and relatively fast.). I think they are using Microsoft Azure for some data and then AWS as the main system (which explains the slow latency since the server is not in SA) and then it seems they host some of the services as a herokuapp cloud application as well, probably testing (an API of TymeBank: https://internet-banking.herokuapp.com/api) the production system I think sits on Azure and AWS (aws: ibauthprox.tymedigital.co.za and Azure: cbsaweb-sit.northeurope.cloudapp.azure.com) Potential Security Risk Besides the latency (Slow response) the only real issue I have is that they do not request a pin or OTP after you login to the website, so because their site remembers your ID and password it means if your laptop or pc gets stolen, your bank is compromised. Ditto for anyone using a public computer to access their TymeBank bank account, if you use a public PC consider your TymeBank bank account compromised.
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