Bandit

Depends on what you mean with "savings account" and what you intend to do with it. If you want to save every month but also use the money during the month: * cheque account If you want to save every month but use the money in the short term future (say in the next two years): * 32 day account * flexi deposit If you want to save one lump sum and only use it in 3 to 5 years but do not want to risk losing it: * fixed deposit If you want to save a lump sum or every month and only use the money in 10+ years * invest in shares/ETFs/unit trusts As far as savings, cheque, 32 day accounts go - any bank. The difference is really minimal. Fixed deposits - I believe Bidvest Bank and African Bank gives slightly better interest rates. Not worth it unless you are already a client, but that's personal preference. Shares/ETFs/Unit Trusts - now that's a completely different ball game Anybody here feel different?

I'll give it some time to learn a thing or two first...

It's crazy how many new ETFs there are this year alone. Still no news from Sygnia and them dropping the prices on SYGWD etc If it doesn't change in the coming months I'll sell 'em all and move it to STXWDM or that Ashburton one. I'm already only contributing to STXWDM because of this. It's taking so long for them to make any changes (rebranding etc.) so sure if it is them or some regulatory body making things difficult. Also, sweet-blou-tokkol came from ABSA's new ETF portal site and their factor investing ETFs. All talk...

STXWDM? I haven't touched the new Ashburton one, there are just too many at the moment and there are bound to be more. Regardless, I started buying STXWDM instead of SYGWD. Together with STXEMG I can control my emerging market exposure whereas the Ashburton one does that for you. Kinda like a one ETF does all. If I started a portfolio now though I'd probably look at it together with a small amount of CTOP50 as a start.

BWHAHAHAHAHAHAHHAHAHAHAH!!! My bad.... I can't keep track of all the "social media outrage", there's a new one every week...

And then you see the full ad and realise it is actually a video: Easy to make something seem racists (or like something else) if you selectively screen grab and give it new context as a still picture. Bet you I can make The Lion King racist that way if I have enough time. So what really happened here is just another bunch of snowflakes looking for something racist behind every corner and the media joining in for the click-bandwagon. #BringBackTheDoveAd

I'm not sure if Dove's marketing department is legitimately oblivious or teaching us a lesson in effective bang-for-buck advertising. All it took was a Facebook post and it's not like I'd shun the brand over this...

Tell me again why our own citizens shouldn't receive preferential treatment? If you are undocumented you have no place here and should be deported or apply for assylum. And the Sunday Times, with their glamourous reputation of reporting false news only to apologise after they made their sales (Gareame Smith's divorce SMSs, Bono backing Julius' shoot the Boer song, etc), have found ONE person that happens to be an SA citizen when they themselves state Mashaba says these people are MOSTLY undocumented foreigners. Either way, pay for your rent or ask government for housing. Hoe is it the city's problem if the national government are failing it's peopl (who most likely voted for them anyway)?

Not sure I follow unless you mean direct offshore investment, in which case I have no clue. But if you make use of a feeder fund, aren't you taxed according to SA laws: 15% div tax, roughly 30% capital gains for anything over R40k?

^ pffft, rich people. Now replace the rice with zucchini "noodles"

Mince + Salt... The less economical you're able to be the more you can put in it. Once a month you can treat yourself to some "rice"

LOL! Did exactly the same. I had to read the quote again after I saw what you said

Sniper?

So the concept is nothing new. FNB has been doing something similar on their debit cards - as you swipe, the value of the transaction is rounded up to the nearest R10 and that which you pay extra is invested or saved for you. So if you buy a beer for R17.00, R3 is moved to a savings or investment account. I think it is brilliant...in concept, but the implementations are rubbish, especially Stash. Now before I get quoted in a podcast as an imbecile, blogged about as an uninformed troglodyte or shunned by the Liberty recruiters, here's my reasoning... it's coupled to a TFSA account. And to make matters worse, look at this screen grab from their site: Now how is that sound financial "advice"? They're basically using the one thing you should not do with your TFSA as a nice banner to sell their product. They do make mention of it affecting your limits but it is located in a secondary menu amongst a list of other FAQs. Hidden basically. Maybe I understand their target market and reasoning wrong, but it is a bullshiaat solution in my opinion. Your savings should be part of your expenses at the start of the month (debit orders) banking your short change is not a TFSA worthy solution. That brings us to FNB. WHY do they only have this feature on their debit cards? So if FNB (or Capitec, Discovery Bank...) can implement a feature where I can flip a switch on any of my cards (including my credit card ) that all my "change" is pushed to my 32-day notice account or a non-TFSA Share Saver account that'll be epic, schweet and I'll give you some internet points and my financial business. But, alas, not holding my thumbs. Maybe Stash reads this and allows us to "bank our change" in a non-TFSA account. Who knows...

LMFAO!!!!

The problem is that they have a madman (and if the NK refugees are to believed, a sadistic tyrant) with nukes making threats. Now I don't know about you, but I'd much rather have N. Korea blow up in smoke than the USA.

It does: "SYGNIA ITRIX MSCI WORLD (SYGWD)" Very motivating indeed but if Trump does something stupid the world doesn't like it'll tank. I'm betting against RSA atm

My bet is on Discovery Bank still. Not sure these overseas banks have anything to offer us. Our banks feel lightyears ahead of them.

So, there are many ways to invest and classify them and that has an impact on which platform you use. Let's assume we're not talking about unit trusts etc. but shares and ETFs. ETFs, in case you do not know, are a basket of shares. I hate those words but it is what it is. It is one "share" you buy and underneath it has its own rules and methods of buying and selling other shares. For example, PTXTEN tries to dividend your investment up into 10 equal parts among the 10 biggest property shares. STX40 splits it between the 40 biggest shares on the JSE based on their market cap. The buy/sell happens quarterly (99% of the time) to rebalance the ETF. Personally, I prefer ETFs over single shares but that's up to you and your risk appetite. I reckon they are a much safer and hassles/stress-free investment in the long run. OK, "lecture" over: ETFs: ABSA Stockbrokers or EasyEquities. Both of these also offer a TFSA account and are cheap (no monthly fees etc). Single Shares: EasyEquities. Unless you are a serious investor moving lots of funds every month and need advanced features like "stop loss", EasyEquities is the only platform to consider IMO. The others charge a lot of fees that will eat into your profits. I use both of those along with Stanlib for my unit trusts. There is also a guide somewhere on the site on how to open and buy/sell on the EasyEquities platform but it actually really simple. 1. Register and open account 2. Upload FICA documentation 3. Deposit funds (EFT, Credit Card etc) 4. Pick the share or ETF you want to buy from a list 4.1. Enter how much money's worth you want to buy 4.2. Click buy

Because of the nature of this site and the main theme being finance, we attract a lot of attention from all sorts of people including scammers. As the moderators, we'll try our level best to remove these posts and users but there are certain things that are out of our control. I have strong suspicion that there are users sending PM's to other users and potentially baiting them into scams especially with regards to Bitcoin and other cryptocurrencies. When you receive a PM like this, please let me or one of the moderators know by PM'ing use the user's name and the details of the conversation (NOTE: only to mods) so we can take action. This also goes for anything you find suspicious - let the mods know so we can sort it out.

Meaning? Layman's English please.... for us n00bs

CoreShares PropTrax Ten +4.80% CoreShares S&P Global Property Exchange Traded Fund +3.52% CoreShares Top 50 -2.21% Satrix MSCI Emerging Markets ETF +5.94% Satrix MSCI World ETF +5.06% Sygnia Itrix MSCI World ETF +10.70% Now let's hope Trump and Rocket Boy don't crash the offshore markets...

Are these sites legal?

The missus and I are playing Diablo III