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Bandit

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Posts posted by Bandit


  1. 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).

    • Like 1

  2. 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.

     

     

     

    • Like 1

  3. 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% :cry:

    • Like 2

  4. 14 hours ago, JamesYellen said:

    Do you guys think they will be around for the next election, got the idea they (Duncan and Kanthan) just tried their luck to get a seat to put some ideas forward in parliament, but they are not really intending to start a political career.

     

    It would be really interesting to see if capitalists would want to go into politics full time. 

     

    My bet - they go quiet for 4 years and start making noise again sometime 2023.


  5. So five more years of the same old shiaat with one BIG difference - now there might be 80 EFF guys in parliament to cause chaos :D

     

    This is either a long term strategy by the DA to lose their "white" image or a massive reality check for them. No growth at all (in fact, it looks like negative growth at the moment). They'll need to do something to remain relevant.

     

    Maybe the future lies in parties like ZACP whose fundamentals are based on business and race/culture like almost every other party out there.


  6. I use CoreShares. Limited to only the CoreShare ETFs but they are amongst the best out there so that's not an issue. Only have an ETF portfolio with them though and haven't moved my TFSA there yet but at some stage I might.

     

    The difference between them and a platform like EasyEquities is that your trades (buy and sell) aren't instant and takes a couple of business days. So it is not a trading platform (best to stick with EE or ABSA then) but a very good long term investment platform. The pricing is also very good and it becomes cheaper than EE at higher amounts (can't remember what that amount is though).

    • Like 1

  7. 5 hours ago, KristineRoper said:

    What is the main purpose of the software?

    We use software for all sorts of things, like people posting links to their sites purely for link referral purposes and not for adding value to the community. This software then allows us to issue a warning or just straight up ban the person if they don't fix it.


  8. Well, I know it is a late reply but the login screen in the browser just hangs.

     

    EDIT: After trying again it worked. Not sure what their systems are doing during login but it's always been a sluggish affair.


  9. 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 :D

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