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Bandit

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Everything posted by Bandit

  1. Eskom has been making it difficult for me for quite some time now. There are power issues in the complex we moved into and we cannot operate stoves, washing machines and kettles (stuff that makes other stuff warm). Geyser is fine though, luckily. Now there is loadshedding. Add to that me struggling to get my fibre going between Clear Access and Afrihost. I'm so used to living in the stone age and sacrificing meat out on the patio every night, I don't think it phases me that much any more
  2. 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
  3. Bandit

    Unit Trusts

    I own unit trusts only in the form of pension and RAs. RA - Allan Gray Balanced Fund Pension - 10X Kicked Stanlib to the curb but it had more to do with getting away from my financial advisors hold on it. Didn't understand their pricing at all. Very happy with what I have currently
  4. Erm... not sure. Maybe about a year ago. Definitely last year some time.
  5. So regarding the new NewFunds Volatility Managed ETFs (I might be a bit late to the party): NFEDEF - Defensive http://etfcib.absa.co.za/products/Exchange Traded Funds/equity/VolatilityManagedDefensiveEquityETF/Pages/default.aspx NFEMOD - Moderate Equity http://etfcib.absa.co.za/products/Exchange Traded Funds/equity/VolatilityManagedModerateEquityETF/Pages/default.aspx NFEHGE - High Growth Equity http://etfcib.absa.co.za/products/Exchange Traded Funds/equity/VolatilityManagedHighGrowthEquityETF/Pages/default.aspx Sounds "cool" but looking at the annualised returns over 5 years (NFEDEF: 5.1%, NFEMOD: 6.8%, NFEHGE: 6.2%) I have to ask myself why I wouldn't play it save with a 32 day account at 6.95% or any of the various other guaranteed return vehicles offering better returns ?
  6. It helps to think of TFSAs as an initiative by government to get the poorer middle class to save and we the "rich" are misusing it ? Country is already strapped for cash so I doubt we'll get more tax breaks any time soon.
  7. I don't have any info on it but I reckon you are not, erm, poor enough to qualify...
  8. Perspective. It's less than what Eskom wanted.
  9. No bailout for Eskom. R23 billion pa support over next three years though. No increase in personal income tax rates or brackets.
  10. + 24.99% ...that's all I have to say about it. That and I wish I was busy buying a house so I could push more money into it. On the flipside, it can't carry on like this forever.
  11. If we're going down the route of saying most of the JSE listing have offshore exposure then this whole topic is moot. Your RA and pension is 70% JSE. Your home is 100% RSA (unless you own property offshore, but then you're probably not reading this thread). For most that is the bulk of their wealth and we're not even mentioning any cash and other assets you have locally. Your TFSA being so small by comparison can just as well go 100% offshore. But to each their own: if you are renting and don't have an RA then this all changes.
  12. Everything foreign, but not because the Rand is going to tank. Your house, RA, pension etc. are all either completely or almost completely in South Africa and with your TFSA being (relatively) such a small portion off your wealth you can just as well push it all offshore. Think I may have mentioned that a couple of times before so I might be starting to sound like a broken record.
  13. Opened mine on the 19th of November and moved my R1,500 to a Goal Save account. Started at 6% interest and then moved to 7%. Waiting for the 19th of this month and then I should be on 9%. Not sure what happens when I deposit more money into that account (if the interest rate resets, carries on at 9% or if there is some other mechanism keeping track of deposits and their respective interest rates). Do I trust them with my money? Well... I guess. Not planning to put to large a percentage of my money there but 9-10% interest beats almost everything out there. It even makes you wonder if it is worth buying Solar panels via FedGroup
  14. You are either trolling or having a brain fart.
  15. I'll monitor the thread just in case you open a JHB North branch
  16. Google finance uses their own "exchange code". On Google "JSE" means the Johannesburg Stock Exchange. The same thing nn Bloomberg, for example, would be SJ. https://www.google.com/search?q=jse:+mrp https://www.bloomberg.com/quote/MRP:SJ To get a share prices you need to know 1) where it is trading (JSE, Dow Jones, Nasdaq) and 2) the ticker on that exchange for it. Example: if I ask you Naspers' share price how would you know if I am talking about the JSE or A2X price? Or Lonmin who is trading on the JSE and the LSE: https://www.google.com/search?q=jse:+lon https://www.google.com/search?q=lse:+lmi
  17. Assuming you mean this: https://www.bloomberg.com/markets/watchlist There is a pie diagram at the top. You can click on it (the center or outer segments) to either drill down or up one level. Below it you'll see a couple of tabs defaulted to "Summary". If you click on the "Edit" one you can add a new lot with the date and price (in cents).
  18. @Spreadsheet Ranger - a bit late but this might be a good deal (not that I think the retail price is R2000, but it still looks like a good deal) https://www.bidorbuy.co.za/item/387852035/Palsonic_12_Litre_Convection_Oven.html
  19. All the other banks breathed a sigh of relief. Apparently whites hold all the money in SA and after that I'm sure most won't rush to open an account. Funny thing though: there is white outrage (and f*cking rightly so) on Twitter but I do not see blacks taking joy in it or slamming the whites for being "racist" etc. Anyway, I just finished moving my life insurance to them not too long ago but in the past I've felt like moving my medical aid away from them. Won't do any knee jerk reaction but the case for exploring alternatives is much stronger than before where Discovery was seen as the defacto standard. Deep inside me I feel "filthy" knowing I'm helping to fund a company with racist policies - whether those policies come from a place of them trying to do something good or just a political cheapshot (bets on getting more black customers and get the whites anyway despite their outrage).
  20. Now, if FNB doesn't penalise me via my home loan interest rate for moving my salary deposit to another bank and Discovery doesn't get weird with Vitality requiring a blood test to get a better interest rate, then I might move banks after being with FNB for years. But we'll wait and see...
  21. Bandit

    FNB eBucks

    I can tell you this: The more you spend the more eBucks you earn I've cut my spending by quite a bit and my eBucks *just* barely covers my banking fees atm. Some guys really get into it and earn a ton of them every month. Chasing eBucks reward levels can be a financial death trap, let me explain: To earn enough points (not eBucks) a month to reach the higher levels you need to meet certain criteria. Some are good (have x amount in investments accounts), some are easy (make sure you update your contact details) and other are pure evil (make use of your overdraft... WTF?!). So my "advice" would be this: Pick a bank that works for you. FNB is a great bank, everything is convenient, features like cardless cash withdrawals, nav >> Home/Vehicle etc. become essentials. Fees are important but put it into perspective: what is R100/R200 really? Investec is overkill but really, FNB gold/premier is great. NEVER CHASE LOYALTY POINTS. They're a nice extra.... just let it happen. Besides, the only thing I really do with my eBucks is buy lotto tickets.
  22. Anybody else noticed a drop in eBucks earnings the last two or so months?
  23. I have it on VERY good authority that Bidorbuy's link will be: http://bidorbuy.co.za/dotw/11411/BlackFriday
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