Bandit

If you do go TFSA make sure it is money you are saving for retirement (when you're 65 or something). You don't want to withdraw from it to buy a car etc.

The tax free part. One day when you sell your ETF holdings in the regular account you'll have to pay capital gains tax and any dividends you earn are taxed as well. Not so in TFSA.

*R2750 pm into TFSA unless you are making up for missed months that year. Unit Trusts are another option to look at together with ETF investments. Stanlib's All Star one, for example, is like an umbrella for multiple unit trusts. Don't forget about RA or pension fund either. The tax break you get you can reinvest.

So what's the question? Whether this is a good idea or not? Yes it is. No debt, free rent, less travel time (reduced fuel and maintenance costs). The only thing you need to make sure of is that you save as much as possible over the next two years and not let the extra money filter into daily expenses to maintain a higher lifestyle. Debit orders/auto payments are your friend.

Very cool

It's too hidden for my liking. I know I said it might negatively impact the creation of new threads but I'd prefer it at the top to be honest.

Right?! But it's flat

Stanlib Slowly (and I really mean frustratingly slow) but surely they're updating their portal site.

Me neither, but guessing the coincidence can't be ignored

Read the SENS:

NFSH40

Go capitalism!

More: https://www.moneyweb.co.za/news/tech/bitcoin-miners-signal-revolt-amid-sluggish-blockchain/

There are ETNs from ABSA/NewGold that basically tracks the exchange rate between the Rand and the USD, Pound and Euro, so if you are looking for a pure Rand hedge they'll be the cheapest (no exchange control fees etc). Pointless and dangerous investing in a pure Rand hedge like that unless you're convinced Zim 2.0 is imminent. Of the ETFs (of which there are many), DBXWD still seems to be the best option in my opinion.

I use EasyEquities for regular share buying (because I don't do huge amounts) as they are the cheapest. I also use them for my TFSA. ABSA I use their ETF Only account. At a certain point (we worked it out before) an ETF trade on ABSA becomes cheaper than EE. Plus you have a ton more control over the buying and selling price and no EE to "babysit" and limit your moves (whether that is good or bad is up to you). I might move my TFSA to ABSA though. Reason being that although EasyEquities is a fantastic platform, I prefer knowing exactly at what price I'm buying and selling at. They also seem to be tracking my portfolio amounts better. For example, my TFSA account has lost R3000 due to costs and selling at a loss, EE doesn't show that though. Another plus for ABSA is the layout - it looks financial. I have a detailed list and can see exactly what I bought, how much I've lost/gained, the percentage allocation of each holding within the portfolio. EE has the whole candy crush saga pink square box thing going. I'll post a pic when I get a chance. EDIT:

OP updated with calculator link

BWHAHAHAHAHA!!!!!!!!!!!

Resources... you guys.. eish

So I worked on one of the major banks' share trading platforms for a couple of years. They are written in such a way that they only cater/assume one exchange (well this one was and I suspect most of the older ones are the same) because we've only ever really had the JSE in the digital age. Early on, before it even became public knowledge, they got wind of the fact that a second exchange is coming and from the technical side preparations (planning, high-level designs etc) started so that changes could be made to cater for multiple exchanges. But what happened? Politics. The thing with corporates is that there is this ladder. The guys climbing the ladder basically shovel the **** thrown on them back down to the guy below them (colourful analogy, I know). They care more about the short-term performance of the systems in their portfolio so that they can "look good" in front of business, get promoted and make the existing issues the next guy's problem. Rinse and repeat. In this specific case we had an extreme version of this. The guy deprioritised the work so many times and for so long that it never happened. I left, two more guys left, the dev lead/architect left (basically the core dev element left) and the guy was "promoted" sideways. So a major share trading platform is sitting with a new dev team with little domain knowledge on a very old codebase and their first priority will be to keep the system (with a huge backlog of issues) running. And that's why ZarX is not supported. I'm not saying this is true for all of them as the above was a bit extreme, but if I had to take a gamble I'd reckon that EasyEquities will probably be one of the first to support ZarX because their system is new. ABSA might beat them to it because I think their system is an off-the-shelve product which they customised.

They've hinted before and at some stage we thought it would be late last year, but alas...

Nope. Not a problem yet though.

Yeah... everything increases except VAT :/

TFSA limit: R33k pa R2750 pm Some good news at least

Here we go...