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Bandit

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Everything posted by Bandit

  1. Bandit

    ETF Assistance

    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%
  2. Come, move to JHB. It's the best city in SA. You won't miss the mountain....
  3. Nice. Do we have any PW Telegram groups btw?
  4. Any talks of a TFSA product in the works?
  5. 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.
  6. ABSA gives you access to all the ETFs. Their platform is a full on trading platform where you specify the price you'd wish to buy at etc. More control but more involved than EE.
  7. 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 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.
  8. 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).
  9. 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.
  10. 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.
  11. 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
  12. 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
  13. 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
  14. Erm... not sure. Maybe about a year ago. Definitely last year some time.
  15. 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 ?
  16. 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.
  17. I don't have any info on it but I reckon you are not, erm, poor enough to qualify...
  18. Perspective. It's less than what Eskom wanted.
  19. No bailout for Eskom. R23 billion pa support over next three years though. No increase in personal income tax rates or brackets.
  20. + 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.
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