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Everything posted by SaurusDNA

  1. Agreed. SYG4IR invests in companies like Tesla, that has never had a profitable year and constantly loses money, but is growing at an amazing rate due to massive investment in the company. It may be true that it is not sound to invest in companies that are making a loss, but the growth potential here is phenomenal, and if Tesla becomes profitable one day, it may become the world's No. 1 company. I guess as long as this type of ETF doesn't make up the bulk of one's portfolio, or unless you have discretionary funds that you are willing to expose to some risk, it's definitely worth having some, in my opinion.
  2. Yes, you can either phone the bank and ask them to take an debit order of X Rand each month (X being any amount you choose) or you can just EFT a higher amount.
  3. Once you've already got the bond, you're in a much better position to negotiate as it's much easier to move a bond than to get a new one. My Colleague and I approach the banks every five years to see if anyone's interested in our bond. Last year, my Colleague moved one of her properties that she has had for 5 years from a bank to SA Home Loans. They waived the admin fees, so the only fees my Colleague had to pay was the bond costs, and that they included in the bond. They dropped her interest rate by 2%, since she was above prime rate with the other bank.
  4. Have you tried SA Home Loans? It's their business and in my experience they will beat any quote (at least from everyone I've spoken to, including my own experience.) My wife and I have a joint home loan and we're now paying 6.75% and that's with her having her own business (not salaried).
  5. So this year, the markets have gone crazy, but not altogether bad from an ETF point of view. However, the more the markets do wild things, the more I've been inclined to go for vanilla ETFs. I think I've only made one or two big changes since last year, namely selling my Coreshare's SMART ETF in favour of the Satrix Top 40, and then reducing my allocation of property (CSPROP) from 25% to 15% (I didn't sell - I'm just not buying at the moment until it's less than 15% of my total portfolio.) I used the extra 10% allocation from property to buy Satrix Nasdaq (STXNDQ). So at the moment, most ETFs are doing really well, especially the foreign ones. My Tax Free investment portfolio and it's performance (total return) looks as follows: Local ETFs (Total 45%): 10% Satrix Top 40 (STX40) - Performance in my portfolio: +0% 10% Newfunds Momentum (NFEMOM) - Performance: +7% 10% Satrix Quality (STXQUA) - Performance: -10% (Even though this is currently down, I don't want to sell this because I love the shares in this basket and see long term potential.) 15% Coreshares Property (CSPROP) - Performance: -22% (Would be much worse if not for the massive dividends). Foreign ETFs (Total 55%): 25% Ashburton Global 1200 (ASHGEQ) - Performance: +22% 10% Satrix Emerging Markets (STXEMG) - Performance: +27% 10% Satrix Nasdaq (STXNDQ) - Performance: +44% 10% Sygnia 4th Industrial Revolution (SYG4IR) - Performance: +51% ( I know Simon Brown always slams this one as just being popular rather than having actual merit, but it's been my best performing ETF and continues to perform, despite the measly dividends. I don't think I'd be comfortable with it being more than 10% of my portfolio though.) Things that I've noticed that have happened in my portfolio this year: Foreign markets have vastly outperformed local markets this year. Emerging market are outperforming developed markets this year, despite COVID (to be expected in the long term, but surprising given the current pandemic.) Tech ETFs are outperforming everything else by far. Changes that I'm going to make: I'm going to buy some Satrix China (STXCHN) after its launch tomorrow, but I don't think I'll put it in my TFIA, as it would go against my diversification policy within my TFIA. But I'm definitely going to buy a fair amount of this ETF outside of my TFIA.
  6. The new Satrix MSCI China ETF is due to be launched on 22 July (STXCHN). This is long overdue. Are you going to buy this? I certainly am! https://satrix.co.za/news/article?name=New!_Satrix_MSCI_China_ETF
  7. 1. See my post above. 2. The NFTRACI should be fairly constant over the short term since it consists of mixed term fixed deposits with predetermined interest rates. However, with the costs, it really isn't any better than a money market account. 3. Tyme bank offers excellent interest rates depending on how long you keep your money there: 6% interest from day 1, 7% after 30 days, 9% after 90 days. 10% if you give 10 days' notice after 90 days. (According to their website. I have some savings money there and have received these rates too.)
  8. Hi Just a few things you may have missed: When buying or selling a share, you must pay brokerage and Strate fees, and VAT is levied on these costs. Then there is securities transfer tax of 0.25% which is levied on every transfer of a security (both buying and selling). The Newfunds Govi ETF is a total return ETF. All dividends are reinvested in the fund and not paid out, so the return you get is inclusive of dividends. Thus, dividends should be excluded from your calculation. Finally, the NFGOVI is still subject to volatility and isn't guaranteed like a bank account. It's now actually down roughly 4% since three months ago. Between 10 March and 24 March, it lost almost 24% of it's value. So you'd still be timing the market. I've included the three-month graph below. Also, past performance may be different to future performance since the downgrade to junk status changes the way in which government bonds may be traded in South Africa. I still think it's a great solid ETF for the medium term, but high risk over the very short term (as in your three months). I'm not sure I'd take that risk if I was planning on investing for less than a year. Especially now in these uncertain economic times where volatility is at an all-time high.
  9. I'm hodling (using bitcoin terminology). I haven't sold anything, and I will buy my R3000 TFIA on the 25th as usual. Rand-cost averaging, I suppose. It will go up again - it always does. You own the shares, whether high or low. You only make a loss if you sell low.
  10. Here's the global coronavirus statstics and fact sheet page: https://www.worldometers.info/coronavirus/
  11. It's an absolute bloodbath out there. Will this be a 2008 all over again?
  12. Tax free investment account limit increased to R36000 per year. This is good!
  13. She can actually sing when she's not all drugged out. A rare gem from Miley Cyrus: Miley Cyrus covers Summertime Sadness in the Live Lounge_2020 02 04_23 51 19_1_568.mp4
  14. This is really very nice. However, if you want to make it even better, there is one problem that most people have with home loan calculators (that as far as I know not a single home loan calculator on the internet takes into account), and that is the monthly fee on the home loan. This is NEVER taken into account, although we almost all pay it. I pay R57.50 service fee every month on my home loan, and when I put my actual monthly payment into the calculator, it doesn't take this into account, so the results never balance with reality.
  15. An alternative would be to buy the FirstRand US Dollar Custodian Certificates ETF (DCCUSD). As far as I understand it, it buys US treasury bonds in Dollars and settles them (as well as the interest) in Rands, so you get the full effect of the fluctuation in the exchange rate on all your money plus the additional interest on bonds, making it slightly more lucrative than investing in the actual dollar.There is an article on it on JustOneLap: https://justonelap.com/etf-understanding-dccusd/
  16. Okay - since the minimum purchase of NFGOVI is R250, I'm going to start with a bigger base and have a smaller multiplier. Base: R250 Multiplier: 0.5 Total for year: R9750
  17. Yes, I'm doing my monthly R2750 to TFIA and then a flat monthly rate to non-TFIA ETFs and shares. But I'll play the game then with something small. Thinking of buying NFGOVI as the savings tool rather than a bank account, since it's returning around 10% in yields at the moment.
  18. I'm trying to improve the formula a little. The difference between the first and last months is just too big.
  19. Well, some "big dividends" for PTXTEN came in today - a special final dividend payout up until the date it changed to CSPROP it seems. And this one is substantially larger than last month's payout!
  20. So as from today, PTXTEN is no more! It is now called Coreshares SA Property Income ETF and has the code CSPROP.
  21. I miss the old Bloomberg watchlist.
  22. If I had to do a simple long term low-maintenance portfolio for my child, I'd probably do: Local (40%): 20% STX40 20% SMART Offshore: (40%) 40% ASHGEQ Property: (20%) PTXTEN 20%
  23. Problem is, in a TFIA, there are no tax savings in offshore ETFs except capital gains...
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