Bandit

Where is Jaxx's data stored? Distributed amongst your devices or is it on a jaxx.io server?

Isn't the idea to buy Sygnia products and not Sygnia itself?

Ever feel like all the blog posts you read is basically the same message posted over and over again? Here I summarised them for you: - Costs matter more than you think, watch what you buy to achieve FIRE
 - Spending on luxuries (cars, boats, DSTv) is money lost that you could’ve invested. No FIRE for you
 - Don’t buy a house… it’ll kill your FIRE with extra costs
 and it's not an investment but an emotional buy. - Don’t buy to let. Buying listed property is the only sure FIRE way to achieve FIRE
. - Unit trusts/active management 
is bad. - ETFs/passive management is good. Did I miss something? If you don't know what FIRE is: Financial Independence, Retire Early.

To secure your financial freedom, you need to make your money grow. This means beating inflation and making good, if not excellent, returns on your savings. We have developed a Financial Freedom Calculator, which allows you to enter your starting capital (enter a negative figure if you have debt), your monthly salary, the expected return on your investments, the percentage of your salary that you are able to save, and the estimated inflation rate (automatically set to 6.2%). http://www.pdsnet.co.za/index.php/financial-freedom-calculator/

They should add support for cryptocurrencies... www.easywallet.co.za Sent from my HUAWEI VNS-L31 using Tapatalk

1. Welcome 2. Don't buy a house 3. Drive your car for 8+ years or till the wheels fall off 4. Save all the monies!!! 5... call me when you manage all that because, bro, I like buying cars and bikes

If memory serves, when EasyEquities launched Warren Ingram did a money show interview (podcast should still be available) where he went and had a look at EE. I remember hearing something along the lines of EE having budgeted to foot the bill of some trading costs etc. for three years - three years in which they need to figure out how to become profitable. We should be very close to the end of those three years so let's see what happens (a lot could've changed since then). Sent from my HUAWEI VNS-L31 using Tapatalk

So... update time. My TFIA portfolio is looking like this atm: DIVTRX 46.17% PTXTEN 12.36% GLPROP 9.09% DBXWD 32.39% Maybe a bit too heavy in property

If siad person had swapped buy/sell around the system (well, ABSA at least) would've told him "Hey bro, you sure? This will probably be traded the moment you click submit"

BWHAHA! Didn't even notice that

I'm probably dumping EE as my TFSA provider come March when we can move. Already using ABSA for my ETF portfolio and just a way better fit for me.

No idea.... I would assume you apply for the job

Each provider has their own, for example, http://coreshares.co.za/about/ (scroll down and you'll see a guy named Ryan Massey) It's a funny thing because I had a CoreShares' ETF (think it was CTOP50) I was selling off in mass and had to ask them why the market maker isn't buying back my ETF even when the limit is hit. Turns out they only bought at the NAV. And they also didn't buy all at once but rather in portions so my one transaction turned into three. Not sure if all Market Makers/providers are equal but in my limited experience I've had an easier ride with ABSA ETFs than CoreShares. EDIT: then again, look at the GLPROP fact sheet and you'll see that ETF's market maker is: MCB Stockbrokers (SEM) Bridge Stockbrokers

I don't think EE wants that risk. When I was at Standard Bank, if the stop loss failed or something the bank was liable for the losses. For a TFSA and ETFs you can do this on ABSA which in some cases are cheaper (apologies if I'm repeating myself, losing track of all these threads).

The Market Maker is basically a "trader" that trades the ETF at it's NAV (confirm this, I stand to be corrected). It means that an ETF is very liquid and will be traded when your limit order hits. It's a bit more involved and I cannot recall all the details from memory, but the above is the basic idea and if I'm not mistaken an ETF must have a market maker in South Africa.

Somebody hoping for a spike during rebalancing maybe? The only problem is that the market maker won't sell it

The high TER ID because it rebalances monthly. It's resource heavy now because those are the guys that have been doing well. If the economy switches to industrials, so will it. It's a very clever ETF, but one has to wonder how sustainable it is if everybody jumps on it. That's why a value and low volatility (other than the CoreShares one) ETF will be a very nice addition. Sent from my HUAWEI VNS-L31 using Tapatalk

Couldn't agree more with your closing points. Except for property, I really don't like sector specific investing. I also don't see what makes the top 40 "they're big for a reason" strategy so awesome, because that's what you are doing investing in a top40 and the like. The only exception being CTOP50 maybe since they cap the weightings. I'm waiting for the rest of ABSA's (maybe a compeitor is working on one too?) "factor" ETFs to arrive alongside NFEMOM. Sent from my HUAWEI VNS-L31 using Tapatalk

We need to check if you really get a tax advantage when using a total returns ETF within a TFIA/TFSA. Sent from my HUAWEI VNS-L31 using Tapatalk

Any of the "Multi-manager" ones: http://www.stanlib.com/Individuals/FundCentre/Pages/Fundlist.aspx This one, specifically: http://www.stanlib.com/Individuals/FundCentre/Pages/Fund.aspx?FundID=e1e3e8f0-499b-43d0-abb6-cd4544b85356

Maybe, soon, we'll get a Sygnia unit trust in there

I went through the fact sheets of that All Stars multi manager unit trust this morning. Investing in that one unit trust gives you exposure to all of these funds (the headings aren't 100% accurate though): Equity: Nedgroup Entrepreneur Fund Allan Gray Equity Fund Truffle Asset Management Coronation Asset Management Salient Quantitative Investment Management STANLIB Asset Management (Passive) Foord Equity Fund Prudential Investment Managers Visio Capital Management Offshore: Aberdeen Asset Management AllianceBernstein Arrowstreet Capital Capital Group Hosking Partners Veritas Asset Management Property: Bridge Fund Managers Catalyst Fund Managers STANLIB Asset Management (Active) STANLIB Asset Management (Passive)

Welcome DBXUS and CSP500.... pick one (the latter) else you'll be paying yearly charges etc. for what is essentially the same thing. With regards to lump sum or monthly contributions (Dollar Averaging it is called), there are people fighting for both sides of the argument. Some studies have shown that the lump sum investment works out better for you over time and results in better growth. Unless you get a bonus though you almost never have a lump sum available because it's already invested (or spent ). Personally, I fund my TFSA and other investment accounts every month and do not really try and time the market or wait for a drop in price etc. I just buy and carry on with what I was doing. This way it becomes part of your monthly "expenses" and you are constantly saving and not moving money around unnecessarily.

Guess it's only fair for me to start. Currently, I hold DBXWD, PTXTEN, GLPROP, NFEMOM and DIVTRX. Why DBXWD instead of CSP500: Simple, DBXWD gives me more exposure. CSP500 looks to be giving better dividends though, so maybe worth considering within my TFSA. PTXTEN and GLPROP: Property exposure both domestic and foreign. I used to own the Standard Bank ETF that covered the whole property sector, but prefer the equal weighting of PTXTEN. DIVTRX and NFEMOM: My domestic exposure. I make use of DIVTRX in my TFSA instead of NFEMOM because the jury is still out on which of these perform better in the long run when dividend reinvestment is factored in. ETFs I'll never touch again: STXIND, GIVIND, GLD, NFSWIX

I'm interested to know why and how you chose the ETFs you did. Most of us probably went on a similar journey of buying, selling and settling on a few. Some of us might jump on the "latest and greatest", others might open a Google finance graph, zoom out to 5 or so years and see a general upward trend which is good enough for a buy. So which ones do you own, do you know how they work, was it a mistake?