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Showing content with the highest reputation since 11/14/2018 in Posts

  1. 3 points
    STXEMG + STXWDM = ASHGEQ Well more or less...
  2. 3 points
    Great to see forum members discuss DCX10 here - we are honoured! Owning the market weighted index of the top 10 Crypto's is not the holy grail of Crypto investing, but historically it has outperformed Bitcoin by a margin of roughly 50%. Past performance is of course no guarantee of future returns, but we think the index will beat Bitcoin again. The timeframe is uncertain though. If you're comfortable with this position, 1% per annum fee for the convenience of managing the composition of the index, fades into insignificance compared to the outperformance. Happy to discuss more...
  3. 3 points
    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
  4. 2 points
    So it's that time of the year again. I'm bored and prone to messing around with something that works. Buying a house wrecked my saving powers for a bit now I'm fortunate enough to top up my TFSA for the year. I already missed out on making any contributions last year because of said house and really didn't want a repeat. So with everything back on track I log into EasyEquities to take a good look at what my account is doing. I knew it was doing well but it is still nice to see a portfolio with everything in the green. Just goes to show: like nature conservation, time plus less human contact is about the best thing you can do for your investments. With that being said, let's change things! (I'm an anarchist). Over the last few years I moved everything to offshore ETFs. Considering my house, RA and pension all being very much exposed to SA I think it is a good idea to get maximum offshore exposure with your other investments. Currently it looks like this: CSP500 (stopped contributing to it in favour of STXWDM) STXWDM STXNDQ (30%) Knowing very well what I just said about international exposure, I thought about introducing PTXTEN back into the mix. CoreShares will amalgamate this and PTXSPY into a new ETF in the near future (not exactly sure of the date) and the changes they are making looks good to me. There's also the ETF5IT ETF from Stanlib which looks more tech concentrated than STXNDQ and maybe it is worth investing in GLODIV instead of STXWDM (the reason: although not a lot, it does pay some dividends and performance is not that far off the MSCI World). It is not heavy on tech stocks at all but STXNDQ/ETF5IT makes up for that. I can sell everything in my TFSA, start again and come up with something like this: PTXTEN / SA Property - 30% GLODIV / Offshore - 45% EFT5IT / Tech - 25% But because I may not want to incur extra cost for selling off (too many) funds in place of others, maybe something like this makes more sense: STXWDM (freeze it) and start contributing the GLODIV PTXTEN (in favour of the CSP500 already in there) STXNDQ (freeze it) and start contributing to EFT5IT ....told you it was the silly season
  5. 2 points
    It's hard to know which local ETFs are best to invest in. At least with the offshore ones, ASHGEQ or STXWDM are no-brainers and either of them serves as excellent all-rounders. But locally, we don't get "All-rounders" of the same quality. Your Top40 and Top50 ETFs are market capped and you end up having 70% of your money in four or five shares, which is certainly not great. Then, there are the myriad of smart beta ETFs, each claiming to have a better methodology than the rest, but all untested. So for now, with my local ETFs, I have one third of my local portion of my TFIA in the new multi-factor SMART, one third in the momentum methodology NFEMOM and a third in quality shares with great fundamentals (STXQUA). But if you had to choose just one (or two) local ETFs, what would it be and why?
  6. 2 points
    I'll bite, and answer the questions as my first post here. First and foremost, all information is available on the ebucks website, its not a secret, just take some reading time. https://www.ebucks.com/web/eBucks/earn/earn-from-the-bank-2019.jsp #1 Does the bank account type make a difference? It does.There are certain caps on the earning. Gold for example is capped on earning ebucks on a maximum spend of R7500 in-store and online. Earn rules @ https://www.ebucks.com/web/eBucks/earn/fnb-gold-2019.jsp Premier for example is capped on earning ebucks on a maximum spend of R10000 in-store and R2500 online. Earn rules @ https://www.ebucks.com/web/eBucks/earn/fnb-gold-2019.jsp For both, your checkers earn is capped at 20% of total monthly spend and R1750 for gold or R2000 for Checkers. To get to that 15% earn for checkers, you need to be on ebucks reward level 5. To understand this, you need to look at "Maximise your points to reward level 5" on https://www.ebucks.com/web/eBucks/earn/fnb-gold-2019.jsp or https://www.ebucks.com/web/eBucks/earn/fnb-premier-2019.jsp #2 FNB Fusion Gold VS FNB Fusion Premier – Which is best for ebucks? The level account you go for, depends on both how big your income is and more importantly, how much you spend each month. The spend caps for in-store spend is a good indicator. R10k a month or less spend, then go Gold. If your spend is closer to R15-20k a month then go Premier. If your spend is less than R5k a month skip fnb/ebucks altogether. #3 Does your ebucks cover your monthly bank account fee?For me, it far exceeds my monthly account fees! I am on Private Clients which costs R390 a month (with no additional fees). I earn R2000 worth of ebucks a month, and spend it only on 40% discounted items/vouchers which means that R2000 become an effective R3334. Then there are other benefits like free lounge visits at airports, avis free point-2-point, R100 Kauai voucher each month, FNB on the wimpy voucher, 500MB data free on the FNB sim ect. I use most of those benefits, its insane to turn it down...if you spend enough each month on your card. #4 Will ebucks benefit me? You will need to make changes to your payments to make ebucks benefit you. EFTs count for 0 ebucks. You need at least 3-4 debit orders on your account to help you gain reward levels, so I would keep those as is mostly. Municipal account, instead of EFT, I would pay into the account using credit card. Even if you pay part of it, and let the co-owner pay the other part whichever way he want, or EFT to you and let you pay with card. Fuel, keep as is on card. Paypal, keep as is, its online spend. Airtime, buy with card at a retailer or online. I do online. Electricity is easy to buy online, even possible on snapscan app now, which is what I use, its conveniant. That said, its difficult to say without actual values. Anyways, you need to do some homework to really know. I do this once a year, takes me 30 minutes then I am done for the year. Thats quicker than my e-filing takes. Read through the rules on: https://www.ebucks.com/web/eBucks/earn/fnb-gold-2019.jsp or https://www.ebucks.com/web/eBucks/earn/fnb-premier-2019.jsp Then use the calculator to work out what you can do to get to level 5 and then what you can earn with your expenses: https://www.ebucks.com/web/calculator/rewardsCalculatorAction.do At a minimum, play with the calculator. Hope that helps.
  7. 2 points
    I have both although I may not have given Discovery a fair chance with regards to rewards so far. But that doesn't matter because their service just isn't even close to FNB. I'm sure they'll get there in time but so far Discovery Bank has been a massive waste of time for me. It's funny because people used to say eBucks is complicated - wait until you try Vitality Money. It's all relative to spend etc. but I'm on level 5 eBucks and get about R500 worth of it back every month without doing anything special. I can more than likely maximise it and get exponentially more every month but I don't go chasing rewards for the sake of good financial habits (overdrafts, revolving loans etc). Anyway, I can tell you this: If you don't fully commit to Discovery then don't bother. FNB's app and integrated services are light year's ahead. FNB's support is better I'm more than likely cancelling my Discovery card as soon as I can figure out how... So my vote is FNB + Tyme over any other banks in South Africa.
  8. 2 points
    What a bank I like everything about tyme to bank
  9. 2 points
    For a while now I've been asking the question: "What percentage of my TFIA ETFs should be in 'foreign' indices?" Some people will immediately say "Put everything in foreign indices - the Rand is going to collapse or South Africa is going to be downgraded to junk" etc. And yet, the experts will typically tell you to put only 30% to 40% in foreign ETFs and the rest in local indices. So I've done a ton of study to find out why and the results surprised me - so much so that I have now changed the desired weightings of my TFIA ETF portfolio to allocate a greater percentage to local ETFs. Here's the thing. On the one hand, the Rand depreciates on average by 4% per year against the Dollar, and has pretty much done so since the time of Adam and Eve. Therefore, by buying ETFs of foreign indices, you are 'guaranteed' a 4% gain on your investment due to the weakening Rand. Now, on the other hand, let's look at foreign growth and interest on bonds, for example, where a 3% above-inflation is considered a good investment. Let's take England as an example. With its inflation close to 0%, a 3% return on an English investment would be considered "good." So if you had invested in an "England ETF, you would, by way of illustration, get your 0% inflation plus 3% return plus your 4% due to Rand depreciation, a total return of 7%. However, locally, it is South Africa's high inflation that makes it ideal for investment, which at first may seem counter-intuitive. Interest-bearing investments such as bonds and preference shares may also typically return inflation plus 3% - so with our 6% inflation, that gives a total return of 9%. And the JSE does much better than just inflation plus 3%! The other countries (outside of emerging markets) just don't have our inflation and therefore don't have the growth that the JSE index does. This is also why emerging markets are expected to give higher returns than developed markets in the long term. Secondly, putting more than say 40% in foreign indices means you are no longer diversified in the sense that if the Rands strengthens significantly, your portfolio collapses (and historically, it is highly unlikely to average a drop of more than 4% per year). On the other hand, the JSE index is not affected by the Rand in the same way, so whether the Rand drops or climbs, you're still guaranteed your above inflation growth on your local index ETFs. So betting too much on foreign indices is, in essence, going for a higher risk, but with lower returns, the exact opposite of what we should be doing. Of the academic studies I've read, most put the optimal risk-to-reward ratio for investing at 60% local and 40% foreign ETFs, and often support this with models. But now I finally understand why my previous 50% : 50% local : foreign split was considered high risk.
  10. 2 points
    The JSE and Msci Emerging markets index are highly correlated and emerging market index outperformed local equities the last 5 years. I would change the local exposure to STXEMG only. Less risk for similar performance and no "if" the local market bounces back scenarios...
  11. 2 points
    Hi e4et That's a pretty solid core portfolio. A few thoughts though... Your 55% global ETFs, I'd keep exactly in the percentages they're in - 40% world and 15% US feels well diversified. No criticism here. Your local ratios might do with a little tweaking in my opinion though. In a bull market, momentum shares thrive (like Satrix Top 40, SWIX Top 40 and CTOP50). In a bear market such as we had in 2018, value/quality shares do better (like Satrix Divi and STXQUA). This is why your Divi ETF is doing much better (or much less badly, to be precise) than your other ETFs (that's of course putting aside the World ETF which is up because of the weak Rand). However, when the JSE starts going up again, you may miss out on the rapid growth that momentum shares usually experience. In my opinion, now would be the ideal time to even out your local shares ratio and go half value (Satrix Divi (STXDIV)) and half momentum (like Coreshares top 50 (CTOP50)), since momentum ETFs are really cheap at the moment. My biggest concern is that SWIX T40 is 28% Naspers at the moment and that percentage is getting bigger and bigger. With the uncertainty in Tencent at the moment, the future of Naspers is unclear. Fortunately you only have 15% in SWIX T40 at the moment, but I wouldn't invest more in SWIX if I could avoid it. What I feel you should have instead of SWIX top 40 is a well rounded local core momentum ETF that doesn't have excessive Naspers exposure. Due to your already high exposure in Naspers, I'd go for the Coreshares top 50 ETF (CTOP50) as it is capped at 10% in any one company, limiting further exposure to Naspers. If it were me, I'd keep your current portfolio as it is and use the 3k to buy CTOP50. After that, I wouldn't buy more SWIX T40 (rather continue buying CTOP50) but maybe keep the SWIX anyway as it is a small enough percentage of your portfolio to warrant the risk and it may shine if Naspers recovers. Then in the long run, try and get your portfolio to something like: Local (45%): CTOP50: 20% STXDIV: 20% SWIX Top 40: 5% Global (55%): Sygnia MSCI US: 15% Sygnia MSCI World: 40% In summary, the only real long term changes I'd make is to eventually move away from the SWIX Top 40 and replace this with a capped local core ETF like CTOP50 (which is much better balanced and much safer), and then drop your Satrix Divi to only half of your local exposure.
  12. 2 points
    R1mil for Larry Nestadt is pocket change he pays the parking attendant. He is probably neck deep in BLT since pre-listing
  13. 1 point
    Any person of 16 years and over is free to make a will in order to determine how his/her estate should devolve upon his/her death. If you die without a will, your estate will devolve in terms of the rules of intestate succession (your assets will, contrary to general belief, not go to the state). What is said hereunder is not meant to replace the provisions of the Intestate Succession Act, no. 81 of 1987. The information is merely to inform the user of this site about some of the basic questions asked about intestate succession. Deceased is survived by a spouse or spouses, but not by a descendant/s. The spouse or spouses will inherit the intestate estate. In the case where the deceased was a husband in a polygamous marriage the surviving spouses will inherit in equal shares. Deceased is survived by a descendant/s, but not by a spouse. The descendant or descendants will inherit the intestate estate. Deceased is survived by a spouse or spouses, as well as a descendant/s. Each spouse will inherit R250 000 or a child's share, whichever is the greater and the children the balance of the estate. A child share is determined by dividing the intestate estate through the number of surviving children of the deceased and deceased children who have left issue, plus the number of spouses who have survived such deceased. NOTE: In case of a marriage in community of property, one half of the estate belongs to the surviving spouse or spouses and , although it forms part of the joint estate, will not devolve according to the rules of intestate succession. For more information on the Intestate Succession Act, no. 81 of 1987 please consult the act or your legal representative. The following two examples will illustrate what is said above about the child's share: Example 1: Value of intestate estate is R550 000. The deceased is survived by a spouse and 3 children. A child's share amounts to R137 500 (R500 000 divided by 4 (3 children plus spouse)). The child's share is less than R250 000. Therefore the spouse will inherit R250 000 and each child will inherit R100 000,00. (R500 000 less R250 000 to spouse, divided by 3). Example 2: Value of intestate estate is R1 250 000. The deceased is survived by a spouse and 3 children. A child's share amounts to R312 500 (R1 250 000 divided by 4 (3 children plus spouse)). The child's share is greater than R250 000. Therefore the spouse will inherit R312 500 and each child will also inherit R312 500 (R1 250 000 less R312 500 to spouse, divided by 3). Deceased leaves no spouse or descendants, but both parents who are alive. His/her parents will inherit the intestate estate in equal shares. Deceased leaves no spouse and no descendants but leaves one parent, while the deceased parent left descendants (brothers/sisters of the deceased). The surviving parent will inherit one half of the intestate estate and the descendants of the deceased parent the other half. Deceased leaves no spouse or descendants but leaves one surviving parent, while the deceased parent did not leave any other descendants. The surviving parent will inherit the whole estate. Deceased does not leave a spouse or descendants or parents, but both his parents left descendants. The intestate estate will be split into equal parts. One half of the estate is then divided among the descendants related to the deceased through the predeceased mother and the other half among the descendants related to the deceased through the predeceased father. Deceased does not leave a spouse, descendant or parents, but only one of the predeceased parents left descendants The descendants of the predeceased parent who left descendants, will inherit the entire intestate estate. The deceased does not leave a spouse or descendants or parents or descendants of his parents. The nearest blood relation inherits the entire intestate estate. The deceased is not survived by any relative. Only in this instance will the proceeds of the estate devolve on the state. What is the position with regard to an illegitimate child of the deceased. An illegitimate child can inherit from both blood relations, the same as a legitimate child. What is the position with regard to an adopted child of the deceased. An adopted child will be deemed to: * be a descendant of his adoptive parent or parents. * not to be a descendant of his natural parent or parents, except in the case of a natural parent who is also the adoptive parent of that child or was, at the time of the adoption, married to the adoptive parent of the child. Source: http://www.justice.gov.za/master/m_deseased/deceased_intestate.html
  14. 1 point
    I suppose it is easy for a Capitec client to be impressed... /runs
  15. 1 point
    Thanks for the useful info. I will follow the latest news. I started playing bitcoin game on syndicate casino to win some coins. As for me it's the easiest way to get crypto fast. Plust they give bonuses for new players.
  16. 1 point
    So I ended up doing this: PTXTEN 16% ETFGRE 18% STXWDM 41% ETF5IT 25%
  17. 1 point
    Could somebody please explain tax expenses on trading? Does one pay capital gains tax on share sales and 15% VAT on dividend income? Is the 15% a flat rate regardless of the size of portfolio? How do these tax fees compare to international costs? Are these the only taxes involved? Is it possible for a business to own a portfolio?
  18. 1 point
    Introducing the @PDSNET Share investment club software, finally investment clubs made easy. High-quality shares on the JSE regularly go up by 30% per annum or more and have generally doubled their value every four-and-half years for the past 30 years. With PDSnet’s FREE Investment Club software, you and a few of your friends could be investing in top quality blue chip shares on the JSE. By clubbing together in an investment club, you keep your dealing costs low and benefit from each other’s experience, knowledge and contacts. In an investment club, you can overcome the problem of not: having enough to invest. knowing where to start or which shares to buy. You can own shares in your favourite companies on the JSE, the ones you personally interact with and understand. The PDSnet Investment Club software solves all the problems of running a share market investment club. Complete Transparency All transactions can be viewed by the members of the investment club at any time on their phones. Share prices and other financial information of all listed companies can be viewed by all members, as well as the value of the shares which the group owns. The software is browser-based and therefore members can view the club’s progress in the market while on the move, from any device at any time. How Does it Work? Similar to a stokvel, an investment club is a group of people who save money regularly into an account in the name of the group. But, instead of just saving the money, an investment club allows the group’s savings to be invested directly on the stock market. The PDSnet Investment Club software allows a group of people to invest different amounts at different times, while keeping track of the value of their individual investments. It runs a miniature unit trust for you and your colleagues. Members buy and sell units in the investment club at a unit price calculated daily by the software and based on the JSE prices of the shares that the investment club holds. Members meet regularly to talk about the market and decide on where to invest. And the nice thing is that it’s free!! The Benefits of a Stock Market Investment Club Investment Clubs enable you to: share the risk of investing in the share market with your friends and colleagues. invest whatever you can afford either as a lump sum or in regular monthly payments. learn about the share market and investment from your fellow investment club members. share the research and reading which is necessary to run a portfolio of shares. Invest funds saved in a stokvel. Software Features Portfolio and bank manager. Comprehensive summaries. Calculation of a daily unit price based in JSE prices of shares owned by the club. Document templates to open the correct bank and stockbroking accounts. In-depth user manual. Voting hub. Club discussion forum. Stock market resource tools. Registration Link: https://www.pdsnet.co.za/investment_club/login/userRegister.php Frequently Asked Questions about the Investment Club software: https://www.pdsnet.co.za/index.php/investment-club-frequently-asked-questions/ Screenshots & Overview Short video to explain how it all works
  19. 1 point
    I'll settle for a better interest rate on my car or home loan...
  20. 1 point
  21. 1 point
    Thanks Saurus. I like the 2K a month suggestion I never even though of splitting it up like that, plus, I could then probably invest more than the 2K for the next three months. win, win.
  22. 1 point
    Man how do you keep still in a space this volatile? 1 minute I'm happy, next minute I'm really sad, then angry, happy. For amateurs like me, this dcx10 is fine for now, get to work on my feelings,
  23. 1 point
    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
  24. 1 point
    Haven’t seen a post under here for a while nor have I said anything for a while... Anyways- I’ve decided to give my ETFs some serious thought and this is what I’ve come up with (I’m open to all suggestions). I want my overall exposure to be 70% local and 30% offshore. Then, under both local and international holdings I was thinking about having 70% equities, 20% property and 10% dividends. Or not including the dividends because most of these would be under equities anyways and then having maybe a 80/20 split? For local: Satrix Top 40 and maybe the Coreshares Smart (equally weighted) - I know these are basically the same, but I don’t want over exposure to one share nor do I just want equally weighted, so I thought that mixing the two would give a bit of a better mix. Then for local property Coreshares PropTrax10 And if dividends perhaps Coreshares Aristocrats? International I’m a bit confused about because I’d still like a bit of emerging markets as well. So maybe: 1) Ashburton global 1200 2) Sygnia S&P 500 (I know Ashburton would have quite a few American companies in it already) For international property I’m thinking about Coreshares S&P Global And dividends would be Coreshares again or maybe an ETF from Satrix. Is this too complicated of a mix and should I rather just aim for 1 or 2 ETFs for local and international? I am trying to keep the portfolio moderately simple!
  25. 1 point
    Welcome to forum Vinnie!
  26. 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
  27. 1 point
    Come, move to JHB. It's the best city in SA. You won't miss the mountain....
  28. 1 point
    I cant view it because its behind a paywall that I wont pay...but ja, I dont trust those guys one bit
  29. 1 point
    Happy to be here! Thanks for the warm welcome.
  30. 1 point
    We don't have a release date for that at the moment. We'll let our customers know as soon as we have an update.
  31. 1 point
    Hello everyone. I'm Cheryl, founder of pedlar.co.za Nice to meet you
  32. 1 point
    The education system seems to be going through changes. There is a trend towards home schooling and small colleges in some sectors of the community, away from the formal uniform wearing "conventional" schools. Teacher education is in a bad shape and the quality of teachers seems to be deteriorating. The discipline in the conventional schools is going from bad to worse. Yes the private school system is facing an uncertain future but it seems to be a better bet than the state schools and even the old model "C" schools which are going the same way as the majority. Affordability of the private schools is a problem especially in the light of the current low economic activity prevalent in the country. Pembury claim to be more affordable than the groups mentioned above. As far as retirement homes are concerned I have noticed a trend for emigrated children to arrange for their aged parents to join them overseas thus reducing the pool of tenants for these homes. Time will tell what happens to this share.
  33. 1 point
    I only do CFDs for resources, because they're cyclic so long term doesn't make sense for me with resources. But I've had CFDs in Anglo American Platinum (AMS) for about 3-4 months now. Best return I've ever made on a trade!
  34. 1 point
    We had a cat but found it a new home (a proper cat lady). He was bored, couldn't really go outside and tore birds apart in the home every other day. Wife's allergies didn't help either... but I kinda miss the guy Anyway, I've been wanting to get a small dog to double as an alarm but the thought of cleaning up the lawn, booking him into a kennel every time we go away for more than two days and the potential noise/complaints from neighbours in the estate just puts me off. Can get a "quiet" dog like an Italian Greyhound but... meh. So no pets for me. It silently kills me inside because I grew up in a house with many many dogs
  35. 1 point
    I've been tracking the amount of money I spend on my cats for the past 3 or so years now and thought it might make for a cool thread. Do any of you own pets? Do you budget for your pets? How much do you spend on your pet(s) in a month? We have 3 cats (Lilly, Meow Meow and Bubbles (Full name Hollywood Luxury Bubbles)) initially I fed them Hills and Royal Canin and mainly wet food, but that got terribly expensive really quick. I found what appears to be great dry food at Spar, it's their home brand called Pro Balance Cat Food. The Pro Balance (Spar depending) costs R77 for a 2KG bag compared to Hills Cat Food which is R229 for a 2Kg bag and there was a time I fed them Acana which was around R450 for a 1.8Kg bag. Then I would feed some meat whenever we braai so won't add that to the calculation. The cat litter we got a great deal on through the years. We use bentonite (none lethal type) which is clamping, but it's used in construction so it's cheap as in we pay roughly R130 for a 25Kg bag which lasts 2 months between the three cat litter boxes we have. If it was not for this I do not think I would have been able to afford cats considering the traditional cat litter costs around R170 for 3Kg and it and I will probably need 3 to 4 bags a month. What does a cat cost per month: Pro Balance Cat Food R77 per bag x 2.5 ( we normally use two, but have used 3 some months). Cat Litter Bentonite 25Kg bag R130 x 1 (we try to buy one each month to be safe because it's not available when it is the rainy season (no construction sites)). Pro-Balance Cat Food Pouches R7.49 x 6 (Wet food as a treat, normally buy each cat one every now and again). Total cost per month: R367.44 Total cost per cat per month: R122.48 Other cat expenses we had: Meow Meow had to be taken to the vet for an emergency which ended up costing R400. Bubbles and Meow Meow are neutered which was R550 each (R1100 total). Lily is still a kitten. but she will also be neutered and it will be R550 as well. We had a company design a custom cat jungle for them which cost us R7004 (but worth every penny, will post pictures). Cat litter boxes x 4 which were R50 each (R200 total). Cat poop scoopers x 2 which were R25 each (R50 total). Bought Lily for R100 when she was a puny little kitten (less than a month old). Cat carriers x 2 for R300 each (R600 total), great tip: go to Plastic World, the pet shops are overpriced. Drinkwell water fountain (they loved it) which was R674. Drinking bowls, stainless steel x 3 which were R80 each (R240 total). Cat leashes/harnesses to walk them with like in the movies x 2 at R80 a pop (R160 total). Total cat expenses: R11 078 Our cats' costs R4 409.28 per year which comes down to R1 469.76 per cat per year. This is just living costs, it excludes toys and travel and vet visits. I thought as a hypothetical I would like to see if I can afford to feed my cats the ideal nutritional diet that I would want which would consist of Hills or Royal Canin using the above portions it would mean that I need to spend R774 per month or R258 per cat. That is an increase of 71.23% in my spending which means I need to increase my monthly budget for the cats by R406.56 which is possible but will be cutting it very close. I mean if I invest the difference or put the difference in a Tymebank goalsave account at 10% I would have R31 745.17 after 5 years. Suddenly that Hills diet looks a lot more expensive. Now for the fun bits Bubbles (very christmassy) Meow Meow Lily
  36. 1 point
    We want to do some research into the consumer behavior of prepaid users. Where do you buy airtime? Do airtime discounts play a role, would you change providers if they offered a discount?
  37. 1 point
    I see Google finance had a rewamp and now functions as a mobile app. I only saw this now so I'll be playing with it a bit and add my actual stocks to you. Can be really useful to get a quick glance at your portfolio, watchlist and the market as whole. It has relevant news articles in a feed as well.
  38. 1 point
    And don't forget tax-bracket creep! This one is the silent unnoticed killers that they've been doing for the past few years. I don't know how they're going to manage the Eskom issue - if they bail out Eskom, we get the final ratings downgrade to junk by Moody's. If they don't, Eskom will be bankrupt by April. Things that I think will be strategically omitted from the speech (but really hope he does address): Tax free investment account annual and lifetime limit increases. How they're going to fund free education. How they're going to fund the e-tolls issue.
  39. 1 point
    Hi there all I hope you all are well I am looking for a short term investment for 25 day period I have 300k to invest Something secured and something i can get the net payout after 25 days
  40. 1 point
    Hello! Welcome to the forum. (also a mybb lurker.)
  41. 1 point
    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 :)
  42. 1 point
    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
  43. 1 point
    Just ordered the Charge 2 for my wife and me. Will keep you guys posted.
  44. 1 point
    An upturn in the industrial sector next year should precipitate a further upward movement of the share price. AM has been strengthened financially by the sale of the interest in Macsteel and should be in a position to take advantage of an increase in local demand for steel products.
  45. 1 point
    PEM 201811140024A Update on Acquisition of Finch Haven PEMBURY LIFESTYLE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/205899/06) (“PL Group” or “the Company”) ISIN Code: ZAE000222949 JSE Code: PEM UPDATE ON ACQUISITION OF FINCH HAVEN Shareholders are referred to the announcement published on SENS on 2 February 2018, wherein it was advised that PLG Properties, a wholly owned subsidiary of PL Group had entered into an agreement with Finch Haven Retirement CC, (the member of which is Mr N Georgiou) to acquire a property in Fairland for a total purchase consideration of R16 million (“the Acquisition”). The property has not yet been transferred to the Company. Shareholders are advised that the Acquisition has subsequently been identified as an indirect related party acquisition from a former material shareholder as per the definitions and section 10 of the JSE Listings Requirements and will therefore require a fairness opinion from an independent expert. Should the Acquisition be found to be unfair, shareholder approval will be required in General Meeting. A further announcement will be made in due course. By order of the board Johannesburg 14 November 2018 Designated Advisor Arbor Capital Sponsors Date: 14/11/2018 09:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
  46. 1 point
    Personally I would by the Xbox One, I have a PS3 and will be the new PS5 if it ever gets released just because I own it since the PS one and love the remote. Anyway the reason I say buy the Xbox over the switch is because it will end up in your living room as the home entertainment system with netflix and 4k streaming. Dad and his new toy (disguised as a gift for the boys) The Nintendo switch is like a upgraded version of the PlayStation Vita, which was nice at the time, but you have mobile phones now packing more detail. If I was you, I would go to Cash Crusaders and buy a Xbox One plus 2 controllers plus a ton of games all for less than what the Switch would cost new. I don't think I would've been able to tell the difference between new and used when I was 8 years old. (Being a financial focused forum, I had to include the "don't buy new at inflated prices" comment.)
  47. 1 point
    Webchain is a web-mineable blockchain platform that makes the most of the unused CPU resources of internet-connected devices to secure Smart-Contract-powered DApps. This is done by registering public transactions through an egalitarian Proof-of-Work consensus mechanism based on CryptoNight, which uses the community of website users as the low-impact processing grid for applications. Below are some of the features: With Webchain, It’s possible to use resources of Internet of Things or any device that can render JavaScript to mine. Decentralized and ASIC-Resistant. Since ASIC operators sell coins to pay for expenses, they also drive coin prices down. We designed and implemented our own fully customized version of Cryptonight hashing algorithm. To stay ASIC-resistant in future, we will keep updating it regularly. Very fast transactions Our on-chain transactions are among the fastest - only 10s. Adding off-chain solutions will make them instant. Transparent, botnet unfriendly The transactions made on our blockchain are entirely public, so Webchain won’t be a friendly place for botnet attackers or any sort of illegal activities. No Initial Coin Offerings: Since this project is meant to be for everyone – not only for those with deep pockets – we decided not to hold Initial Coin Offerings. For details on how to get started, please visit the main site. https://webchain.network
  48. 1 point
    I like ClearScore. It's free and you get your credit record/score every month - not once a year like the others.
  49. 1 point
    Who wants to compare the interest rates of each of these accounts and make a list for us?
  50. 1 point
    Welcome to Wills and Testaments 101 Why is a will important? A will instruct how you estate must be dealt with as per you last wishes. Clear instructions will make it easy for your relatives and you will avoid unnessary family disputes. What will happen if I do not have a will? Will all my assets go to the government? No, there are certain rules that must be followed for a intestate succession. You can read more about it here. Most South Africans do not have a will.... We want to create an interactive series showing members what the process is of drawing up a will and testament, consider the following scenario below which will act as the basis of this series. Joe wants to draw up a will for himself but are not sure where to start and how the process will work. We want to gather information about Joe from the forum. So it will be random information that will make up his estate. We will then work through the process on the forum with lots of time for questions and suggestions. The result will be a final will, but we will even go further and do an estate planning also. With the estate planning we will be able to see how the estate play out in rand value, what costs there will be, who will inherit what, etc. The process will be as follow: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Wills and Testaments 101 - Questions on the estate planning Any questions/information can also be emailed to [email protected] or posted in this thread.
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