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Bandit

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Everything posted by Bandit

  1. Where is SWA, it's the same thing /clutches ban hammer
  2. True. Now compare NFEMOM and DIVTRX and have your mind blown I trust NFEMOM more even if it is using past performance as it's main indicator (meaning you'll never buy at a low). STXIND and any other index ETF is just choosing some arb reason as to why a certain share holds more value and in STXIND's case it's because the company is worth more. Hardly a good enough reason to invest in it in my opinion. At least CTOP50 and PTXTEN are putting capped weights on shares so you cannot be over exposed.
  3. This is going to be awesome Thought they weren't going to function as a trading platform but in that post they say they'll have an app allowing one to trade?!
  4. NFEMOM is certainly interesting, if you look at the past year's performance: (What happened during July - September?????, something political? I can't remember...) I'm considering giving up on my STXIND (at -6.5% currently) and putting it all into NFEMOM or ASHMID or NFGOVI, or something NFEMOM changed the underlying index they were tracking to one developed at WITS. It is now a much better/smarter ETF in my opinion. I would do things differently if I started out now but I'll rectify it in the coming months. One thing I'm terribly angry with myself in doing was buy STXIND DIVTRX can stay DBXWD can stay (don't think I'll swop it for CSP500) STXIND needs to DIE! Probably replace it with PTXTEN. I own NFEMOM outside of my TFSA so not sure if I want or need it inside. PTXTEN and DIVTRX provide income and growth so probably making better use of my tax break having them inside of the TFSA.
  5. This subforum is intended to be used as a knowledge base for common issues and tasks. When you post a new thread please make sure that your post is: Factual Formatted in a readable way Spelling and grammar checked Please do not copy paste any data from another source without attributing their work. When formatting your post provide it in a step based format where it makes sense:
  6. I wrote a piece on it here: https://www.offtopic.co.za/finance/how-to-calculate-annualised-growth For added effect, here is a calculator: https://www.offtopic.co.za/finance/tools/annualised-growth-calculator --------------------------- Going to Google Finance and querying your favourite ETF or share and seeing it grew by 150% over the last 10 years is awesome! Why? Because 150/10 is 15% growth on average every year, right? No... unfortunately not. The 150% over 10 years is compound growth. So how do you work it out? Step 1: First, you need the end value of the stock (in cents). Let's say R25.00 which is 2500. Step 2: Then you need the starting value of the stock: R10,00 (or 1000). Step 3: Get the year fractional value of 1/[years]. So in this example, it will be 1/10 or 0.1 Step 4: Subtract the starting value from the current value and divide that by the starting value: (2500 - 1000)/1000 = 1.5 (this we'll call your return rate) Step 5: Now add 1 to the return rate and raise it by the year fractional value (calculated in Step 3) and subtract 1 from the result: ((1.5+1)^0.1)-1 Simplified it reads: (2.5^0.1)-1 Simplified some more: (1.0959)-1 And the result: 0.0959 (your annualised growth percentage). If you struggle to read it, multiply the number by 100: 9,59% In Summary: Let's use real data - STX40 between 2 Jan 2004 and 30 Dec 2016 (13 years): Starting value: 960 End value: 4382 Year fraction: 1/13 = 0.077 (4382-960)/960 = 3.56 ((3.56+1)^0.077)-1 = 0.1239 Annualised growth: 12.39%
  7. LOL! What bullshiaat is this?!
  8. Oh. Well. In that case, sorry everyone, my bad! I just googled luno and luno.co.za was the first result. Bitx isn't even in the results That'll be because Bitx rebranded themselves as Luno.
  9. Yep... GLD
  10. I use this: http://www.stanlib.com/MultiManager/Documents/Factsheets/Retail/2016/Nov/STANLIB%20Multi-Manager%20All%20Stars%20Fund%20of%20Funds_Nov%202016.pdf Looks similar as far as diversification goes That doesn't have international equities though right? It does, up to a maximum of 25% Is that according to the rand hedged stocks or actual international stocks? Hate it when they only show the top 10 :/ Actual shares. Check the fact sheets of their underlying funds.
  11. It does, up to a maximum of 25% I supplement it with the Global Feeder fund: http://www.stanlib.com/Individuals/whatweoffer/Pages/Fund.aspx?FundID=02f347e8-0a59-4990-9232-e531f8627c97
  12. Friggen JSE
  13. Here is the latest factsheet. And here is the marketing sheet Does not need to be Sygnia just want to know if anybody else is using something similar. I use this: http://www.stanlib.com/MultiManager/Documents/Factsheets/Retail/2016/Nov/STANLIB%20Multi-Manager%20All%20Stars%20Fund%20of%20Funds_Nov%202016.pdf Looks similar as far as diversification goes
  14. Link?
  15. Can see it in the SENS. They're paying out $0.108 ... after all the foreign tax etc stuff is done it is down to $0.102 (IIRC... but something to that effect). No further tax (any tax by our goverment) when it is inside a TFSA account.
  16. Whaaaaat? Foreign dividend tax and exchange control costs muches away at it but no CGT in your TFSA. Unless something changed which I'm not aware of.
  17. A lot of duplication there. Example, you already have PTXTEN so why bother with PTXSPY? You have DBXWD so why bother with DBXUS? Feel your pain though. STXDIV needs to reach R70,00 before I start making profit on it. DIVTRX is only now in positive territory and my DBXWD almost revovered.
  18. You told me to
  19. They did: 12c
  20. PTXTEN and DIVTRX seem about on par with what they usually are. Did STXIND declare theirs yet?
  21. They're all scht NFEMOM - nothing DBXWD - $0.108...$0.1 after taxes
  22. Liquidity is a biatch
  23. Good idea this
  24. /greets
  25. Magazines? I tried buying them on online platforms but that also only lasted a month or two. I don't see the point (they're so full of ads anyway).
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