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SaurusDNA

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Everything posted by SaurusDNA

  1. Simon Brown always says that before you buy any stock, you should clearly be able to give three reasons why you want to buy the stock, and be prepared to stay in the trade for as long as those conditions are valid. If you can give three compelling reasons, and there are no cautionary announcements on the stock, sure, go ahead and buy the stock. However, with any penny stock, it wouldn't be prudent to buy than 10% of your shares portfolio. Otherwise it's no different to gambling.
  2. Well, once again, Rhodium was on a different planet to everything else, with the 1nvest Rhodium ETF (ETFRHO) delivering growth of 187.1%. Originally, the reason for the stellar growth of Rhodium was the change from platinum catalysts to rhodium in the auto industry, but now I suspect that it is purely momentum. I wonder how long this can go on. Every year, I think the performance cannot be repeated and then each year is better than the last. It's kind of like Bitcoin at the moment. It could collapse at any time or could go past the moon. The top 10 performing ETFs in South Africa t
  3. So I have been planning my Tax Free Investment Account portfolio for 2021 and this is what I've decided to buy in the year ahead in terms of my ETF picks: Composition: 70% Offshore Equities 20% Local Equities 10% Local Property My portfolio will then look as follows: Offshore (70%): ASHEQF: 25% STXEMG: 25% STXNDQ: 10% SYG4IR: 10% Local (30%): STX40: 7% NFEMOM: 7% STXQUA: 7% CSPROP: 10% The local picks may seem strange at 7% each, but I cannot deci
  4. It's that time of year again - albeit a very unusual year! So my personal top five stock pics for next year are as follows (in order): #1) DGH (Distell) - This one's share price has been hammered by the lockdowns and stocks are dirt cheap. But drinking never stops and eventually, sales and profits always return. This company is also huge and very resilient. If I had to choose just one stock for the coming year, it would be this one. #2) APN (Aspen) - With an agreement to produce a COVID vaccine, the exposure to this company should be massive once they
  5. Well, I started the year with a savings challenge too - I started with R10 in week 1, R20 in week 2, R30 in week 3 etc. straight into a Tyme bank account that I opened for that purpose. Was getting 9% earlier this year, now 6%. Still going strong - haven't missed a weekly payment yet.
  6. For cellphones, you can download the free version of the TrueCaller App (from Google Play Store) that has very effective spam and advertising blocking capabilities. I've been using it for a few months now and I hardly get spam calls anymore on my cell phone.
  7. I've had the same problem with DialDirect. They post me hard-copy adverts nearly every week, and almost daily spam in my inbox, with no unsubscribe option in their mails. I once e-mailed them and asked them to stop, but that simply (seemingly) increased the amount of spam I received. And this has been going on for years!
  8. Which also means all the history graphs disappear...
  9. So ASHGEQ will suspend trading on 9 September and the ETF will be replaced with the Ashburton Global 1200 Equity Fund of Funds ETF (ASHEQF) (also launched on 9 September). This is the new feeder fund discussed in the previous post. (Source: ASHGEQ SENS announcement 1 September 2020) We shouldn't notice any immediate difference in our portfolios, I guess, except the change of code from ASHGEQ to ASHEQF.
  10. Just a update on ASHGEQ: The proposed restructuring was approved by the majority of shareholders.This means that ASHGEQ will now become a feeder fund (owning the ETFs that make up the index rather than owning the individual companies). So while the index will remain exactly the same, the management costs and TER for ASHGEQ should now come down significantly. The individual constituents comprising the S&P Global 1200 Index are: iShares Core S&P 500 ETF iShares MSCI Europe UCITS ETF EUR Dist iShares S&P/TSX 60 Index ETF iShares Core TOPIX ETF iSh
  11. ASHGEQ is only 7% emerging markets. The other 93% is basically the same index as STXWDM anyway. What makes the ASHGEQ so attractive here is that the 7% emerging markets exposure is only the best emerging market companies in the world, so in addition to the 93% that is the same as STXWDM, you're getting a 7% of carefully chosen top performers as well, so out-performance is expected. I think most on this site, as well as Simon Brown and Kristia van Heerden from JustOneLap, prefer ASHGEQ to STXWDM. In fact, Simon and Kristia call ASHGEQ the "One ETF to rule them all" and mention on their website
  12. A few things to think about: 1) Why do you want to sell ASHGEQ in favour of STXWDM? A quick graph comparing the two may suggest that STXWDM is outperforming ASHGEQ, but this is not the case, since ASHGEQ pays dividends, but STXWDM does not. Despite the higher TER for ASHGEQ, the graph looks different once you plot the total return for both. In the graph below (since the inception of STXWDM), the dark blue line shows ASHGEQ before dividends. the light blue line is STXWDM total return, and the grey line is ASHGEQ total return (the return once dividends are included). The longer the t
  13. 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 ha
  14. 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.
  15. 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.
  16. 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).
  17. 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 a
  18. 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
  19. 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.)
  20. 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 guara
  21. 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.
  22. Here's the global coronavirus statstics and fact sheet page: https://www.worldometers.info/coronavirus/
  23. It's an absolute bloodbath out there. Will this be a 2008 all over again?
  24. Tax free investment account limit increased to R36000 per year. This is good!
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