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Showing content with the highest reputation since 06/24/2019 in Posts

  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
    Cheers Saurus and Bandit, appreciate the objective insight. Will be buying my first 2x ETFs in a few day time. Quick question ... is it recommended setting up monthly debit order R500 pm via EE platform or EFT transfer ( which I will have to do manually) . Debit Order suits me (,Knut maybe it’s more expensive with transaction fees) again shot for the advice .
  4. 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
  5. 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!
  6. 1 point
    Your provident fund has a lot of SA exposure already. So I personally would look at offshore exposure: 90% STXWDM - tracks the shares of the developed world (USA, Europe, Japan etc). Solid long term investment unless the world goes to shiaat. 10% STXNDQ - tracks the top 100 Nasdaq shares (Facebook, Google, Microsoft, Uber etc). Potentially very good growth (or terrible). Over 5+ years that should deliver decent returns (DISCLAIMER: I won both).
  7. 1 point
    Hi. Not just yet, but it's on our road-map for release with e-commerce within the second half of this year.
  8. 1 point
    Blue Label share price plummets after Cell C letter Cell C recently published an open letter stating that the company would implement a new business plan to improve its current position. CEO Douglas Craigie Stevenson said in the letter that the company faces financial and other challenges, and will implement a new business plan which will simplify its business model. “We have implemented significant austerity measures and have cut costs which do not contribute to revenue-generating activities, including a review of all contracts to ensure alignment with business priorities and a hiring freeze,” he said. “I want to emphasise that Cell C is strategically positioning itself and we are using our best efforts to be a strong participant in the industry, I firmly believe we are on the right track.” Blue Label Statement Following the publication of this letter, the share price of Blue Label Telecoms – Cell C’s biggest investor – has plummeted by just under 10% as investors grow concerned over the state of the mobile operator. Blue Label Telecoms has published an announcement attempting to placate investors in the wake of the Cell C letter, stating that “no material concerns or issues have been uncovered as a result of Cell C’s new management”. “In anticipation of the transaction resolving the liquidity position at Cell C, and launching the new, improved operating model, Cell C’s management and board are ensuring that Cell C is sufficiently geared to run the business as required,” Blue Label Telecoms stated. “Blue Label and the Buffet Consortium are fully apprised of Cell C’s drive to effectively and efficiently utilise all of its network, technology and human capital assets, and are supportive of management’s initiatives.” Blue Label said it is looking forward to advising shareholders on the progress of transactions, which it said are currently at an advanced stage. From the mybb article: https://mybroadband.co.za/news/business-telecoms/313167-blue-label-share-price-plummets-after-cell-c-letter.html
  9. 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.
  10. 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
  11. 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.
  12. 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.
  13. 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
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