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JCM

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Everything posted by JCM

  1. Also did the secret santa thing, worked great.
  2. JCM

    Last seen movie and rating

    Bright (2017) 4/10 Sooo much potential
  3. JCM

    Investment Challenge 2018

    Sir yes sir, done
  4. JCM

    Your TFIA/TFSA

    Interesting, which ETFs?
  5. I heard somewhere it might be because Capitec doesn't rely on the old legacy systems the other banks have to use? No idea how Capitec does it.
  6. JCM

    What was your dumbest investment?

    I'll be honest Purply, it really hurts me looking at those investments and they are not even mine
  7. JCM

    Forum Post Ranks

    That would make the forum sound like a job ;-)
  8. JCM

    5 things you have on your desk right now

    Gin and Tonic? Yup
  9. JCM

    5 things you have on your desk right now

    LEGO Star Wars Darth Vader, monitor, mouse, laptop and of course, a G&T
  10. JCM

    New ETFs thread

    That is pretty cool, thanks.
  11. JCM

    Your TFIA/TFSA

    Here is the latest factsheet. And here is the marketing sheet Does not need to be Sygnia just want to know if anybody else is using something similar. I use this: http://www.stanlib.com/MultiManager/Documents/Factsheets/Retail/2016/Nov/STANLIB%20Multi-Manager%20All%20Stars%20Fund%20of%20Funds_Nov%202016.pdf Looks similar as far as diversification goes That doesn't have international equities though right? It does, up to a maximum of 25% Is that according to the rand hedged stocks or actual international stocks? Hate it when they only show the top 10 :/
  12. JCM

    Your TFIA/TFSA

    Here is the latest factsheet. And here is the marketing sheet Does not need to be Sygnia just want to know if anybody else is using something similar. I use this: http://www.stanlib.com/MultiManager/Documents/Factsheets/Retail/2016/Nov/STANLIB%20Multi-Manager%20All%20Stars%20Fund%20of%20Funds_Nov%202016.pdf Looks similar as far as diversification goes That doesn't have international equities though right?
  13. JCM

    Your TFIA/TFSA

    I'm not personally using it. Wasn't a fan of the additional fees on top of brokerage.
  14. JCM

    Hello :)

    Hi hello hi
  15. JCM

    What do you use to manage your finances?

    That is crazy sheet (cough)
  16. JCM

    What do you use to manage your finances?

    https://docs.google.com/uc?export=download&id=0B0vfyfuEdSzkSjFNWG1qT0w5V00
  17. JCM

    Your TFIA/TFSA

    Well that clears it up, thanks I just remembered something about tax issue with international etfs, just got it mixed up a bit
  18. JCM

    Your TFIA/TFSA

    Sorry, I was incorrect in saying CGT. Dividend yield tax
  19. JCM

    Your TFIA/TFSA

    Well, I'll be honest I'll only be able to see when I get a dividend from DBXWD which I haven't yet. But I read this somewhere: Section 64 (n) of the Income Tax Act provides for a rebate to be deducted from the local dividends tax payable in respect of a foreign dividend if that dividend was subject to foreign tax. Thus it gets taxed there first? Maybe someone that has received dividends can clear it up?
  20. JCM

    What do you use to manage your finances?

    I use 22seven to monitor transactions and duplicate it to stealthywealth's excel sheet...love the simplicity of it.
  21. JCM

    Your TFIA/TFSA

    In my view, kind of, yes. It is still rand denominated and the government still munches away on it with CGT in your TFSA as far as I know. For me, offshore means physically moving it offshore. Although this isn't relevant in regards to your TFSA..thus a bit off topic
  22. JCM

    How did you come accross Platinum Wealth?

    Found a link to it on the mybroadband forums I registered because I've gotten quite a bit of useful information from it already and wouldn't mind sharing my thoughts and experiences as well. Maybe it will help someone, you never know!
  23. JCM

    How to start investing

    That sounds pretty awesome. I had to dig deep to get all of this information and it took a couple of months of research. I'm 100% sure you will help A LOT of people with this That at the end of the day is the goal. This platform as one purpose and that is to become the educational hub for South Africans interested in finance and the Average Joe, because one way we can make a major difference in the future of this country is by enabling more and more people to get into a position of knowledge where they can take control of their own finances. Like you say this will take some deep digging, I am by no means a financial expert. I am a educator more than anything else so I will have a lot to learn and learn and learn and research, but I am determined to create this guide and with the help of EasyEquities and Magda just a message away I am confident that it would be something worth while to put out there once completed. I will probably bounce a few questions of existing members here on the forum as well as part of the research. For example slightly unrelated but on the Wills thread that Mr Yellen pointed out one thing started to stand out to me and that is the POLL, that poll its a small demographic but even in this small community the results is still shocking seeing that the majority does not have a will in place. That is the sort of things I want to address as well with the investing and savings aspect. Especially this thread (What do you use to manage your finances) and this thread (Budgeting) it touches on something that I also quickly realized not many South Africans are on top of their expenditures and just general "Where has my money gone" so something I want to address in this guide is sort of "The Fundamentals of Household finance" practical examples of how to track and save money how to know what money goes where and how to build up an emergency fund. All in all, A lot of work ahead. Hats off to you for doing the effort. I'll be willing to help where I can with questions, as I'm sure most members will, even though I'm also still learning a lot and consider myself a n00b
  24. JCM

    Your TFIA/TFSA

    Equities = High Risk , sadly....The risk is mitigated with time. If you want to grow in 2 years put it in a bank account Even though it does hurt seeing your money disappearing, I agree. I constantly feel like I made a stupid mistake investing locally.
  25. JCM

    How to start investing

    That sounds pretty awesome. I had to dig deep to get all of this information and it took a couple of months of research. I'm 100% sure you will help A LOT of people with this
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