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Showing content with the highest reputation since 09/22/2020 in Posts

  1. ETNs: FirstRand have listed 9 Exchange Traded Notes on large US stocks on the JSE (plus one on MSCI World) Google (Alphabet) Amazon Apple Coke Facebook McDonalds Microsoft Netflix Tesla Each stock has 2 codes: With exposure to the USD/ZAR (C) or without (Q). Note that with an ETN you carry the counter-party risk that the issuer will not fulfill its obligations. With FSR/RMB you should be pretty safe, although their market making is less than desirable. Dividends are not paid out but are reinvested and added to the NAV of the ETN.
    1 point
  2. If you have the Capitec app already, make sure you have the latest version. Visit the App Store or Play Store and give that Update button a tap. Once you have the latest version of the app, log in and navigate to where it says ‘Explore’, then select ‘Widgets’. You’ll then select EasyEquities and go through the process of either linking your existing EasyEquities account or creating a new one.
    1 point
  3. Well, I started the year with a savings challenge too - I started with R10 in week 1, R20 in week 2, R30 in week 3 etc. straight into a Tyme bank account that I opened for that purpose. Was getting 9% earlier this year, now 6%. Still going strong - haven't missed a weekly payment yet.
    1 point
  4. Motorists and taxpayers appear set to become the cash cow to enable the government to reduce its percentage of the funding of the multi-billion rand expansion of the Gautrain. Gautrain Management Agency (GMA) CEO William Dachs said on Monday: “We firmly believe the people in cars don’t pay their fair share in terms of the taxes that they pay and the failure of the e-tolls system has perpetuated that problem.” Dachs was commenting on the GMA’s engagement with National Treasury about the sources of funding for the Gautrain expansion project and the need to move people off
    1 point
  5. Ja nee what a load of bull. Fuel tax, emissions tax, annual road tax but most importantly - FUEL TAX. You get that they want to build a "first world country" but to do that you need a tax base that can support it and for that to happen you need to give people jobs so that they 1) contribute to tax and 2) not rely on grants. Before you can do any of these projects that require tax money - get people to work. Attract foreign investors, give them tax breaks or some sort of incentive to setup shop here and employ South Africans.
    1 point
  6. For cellphones, you can download the free version of the TrueCaller App (from Google Play Store) that has very effective spam and advertising blocking capabilities. I've been using it for a few months now and I hardly get spam calls anymore on my cell phone.
    1 point
  7. 44% of my monthly investments goes into RA’s and 56% into ETF's. Major portion of all RA’s are invested in the SA stock market. In in my local ETF portfolio I have monthly investments in Satrix Quality SA (2000.00), Coreshares SA Property Income (1500.00) and a TFSA in Satrix Divi Plus (1375.00). As RA’s are heavily invested in SA, should I terminate my monthly investments in all SA ETF’s and increase my contributions to Satrix MSCI World and Coreshares Global DivTrax.
    1 point
  8. Knowing what I know now I would do it again. Make no mistake, it could've ended badly but for some reason I had very little doubt that it will work out in my favour. Still scary. 1. Cashing out pension Still happy I did it. We have plans to cash out my wife's as well. We are planning to move offshore for a bit (permanently?) but even if we didn't I have do not have enough faith in our government and Reg 28 to provide us with a retirement. Retirement is still 30 years away though. I'd rather sort it out myself. I would never suggest to anybody to cash out their pension (it coul
    1 point
  9. I'm curious if you've reviewed your rationale recently now that the waters have temporarily calmed. Do you still think you were thinking clearly or do you recognize a little bit of the recency bias and nihilism that drove the choices you made here? I'm speaking with regards to: 1. Cashing out your pension (!) 2. Panic selling from a passively managed portfolio (As an aside, who exactly was "trying to take your money"? 3. Staying invested (due to admin inertia) in the RA while thinking there was no way it could recover (I'm curious to know if it did and if so/not what
    1 point
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