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jman

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About jman

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  1. Quoting from: http://www.stealthywealth.co.za/2017/09/why-ter-trumps-brokerage.html#more "In addition, because an ETF trades on the exchange, there are buyers and sellers, which means there is a spread. At a basic level, the spread is the difference between what the buyers are willing to buy at and what the sellers are willing to sell at. For example, an ETF that has a value of R100 may see buyers willing to pay R99.50 for ETF units and sellers wanting to get R100.50 for their units. This means if you went in and bought, you would have to meet the sellers asking price of R100.50 (for something that is worth R100 - i.e. you are already 50c per unit down on your investment just due to the spread. And technically you would be R1 per unit down if you wanted to exit again immediately)."
  2. I like to look at my overall picture - as in looking at where my RA is invested, and use that when considering where I should focus my TFIA. Since RA's can only be exposed 30% (IIRC) to offshore, I focus a little more on offshore in my TFIA (ASHGEQ)
  3. Is Outvest only Coreshares products too?
  4. jman

    Your TFIA/TFSA

    No fees for me. Think I saw somewhere that ABSA will charge you +-R170 to transfer out. Make sure to pay it outside of your TFSA though
  5. jman

    Your TFIA/TFSA

    I moved some from an FNB TFSA cash deposit to EE. What a nightmare. Took more than a month I believe
  6. jman

    Your TFIA/TFSA

    Correct sir. Just don't buy before 9.10am or after 4.50pm I believe, because the market maker isn't "there". The ETF providers all have market makers which provide the liquidity
  7. jman

    Your TFIA/TFSA

    Here's what I'm going with: Local: STXQUA - 40% PTXTEN - 10% Offshore: ASHGEQ - 40% SGYP - 10%
  8. I'd suggest SYGP instead of GLPROP - lower TER and the average spread has been quite a bit lower
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