Author Topic: Live chat  (Read 2975045 times)

Patrick

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« Reply #2355 on: July 17, 2015, 11:51:35 am »
Just had the 1000th member sign up :)

Mr_Dividend

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Re: Live chat
« Reply #2356 on: July 18, 2015, 07:47:52 am »
Probably my wife wanting to meet Jadeb after his appearance in the top 20 in the iTrade comp



 :(


Moonraker

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« Reply #2357 on: July 18, 2015, 03:13:38 pm »
Taste or Famous Brands ? Me = FBR

Mr_Dividend

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Re: Live chat
« Reply #2358 on: July 18, 2015, 04:30:17 pm »
Taste for me - although I am guessing it will take a fair amount of time to start seeing results coming through - so a longer term play.

Moneypenny

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« Reply #2359 on: July 19, 2015, 07:53:53 pm »
@MrD: Good, the lady know what she likes. :) Well done jaDEB!

jaDEB

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« Reply #2360 on: July 20, 2015, 08:30:40 am »
Thanks for the support, sold my ACL, thus I think I is way down now... :'(
jaDEB

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gcr

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« Reply #2361 on: July 20, 2015, 08:55:26 am »
Patrick - saw your comment and pointer re active versus passive investor managerson moneyweb - touche
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #2362 on: July 20, 2015, 09:14:32 am »
Thanks GCR, it's a presonal bone of contention of mine, as I have 35% of my investments in active (my early years investing), and can't move it without heavy capital gains tax :(

jaDEB

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« Reply #2363 on: July 20, 2015, 10:37:51 am »
You are currently ranked 24th of 7486 users
jaDEB

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gcr

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Re: Live chat
« Reply #2364 on: July 20, 2015, 11:23:40 am »
Thanks GCR, it's a presonal bone of contention of mine, as I have 35% of my investments in active (my early years investing), and can't move it without heavy capital gains tax :(
I had a similar problem but I have sold off the majority of my Mutual funds with the exception of Nedbank Entrepreneur, and more recently Coronation Top 20 ( I cancelled all my life cover and use the premiums by sinking them into the Coronation fund along with my RA premiums (I bought an LA)).
It may pay you to take the knock on the CGT on sale and invest in other instruments which more than likely offset your CGT in about 3 years - I found that UT capital appreciation is pretty pedestrian these days   
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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Re: Live chat
« Reply #2365 on: July 20, 2015, 12:40:13 pm »
I do keep weighing up the options, comparing the tax hit to potential growth, but I don't have an answer just yet. It's highly likely I'll spend 6 months and a day outside of SA in the next few years, so that would be the ideal time to do it.

In the meantime, I keep taking out as much as I can with the R30k exemption. This year it works out to about R80k, but using the 4% rule and the decreasing amount I can withdraw in the R30k exemption, it means I'm never able to get the money out! First world problems...

kolbec

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« Reply #2366 on: July 20, 2015, 01:34:05 pm »
coh

gcr

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« Reply #2367 on: July 21, 2015, 06:52:33 pm »
Saw the sens for the respective DBX's and the management fees seem very steep
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Mr_Dividend

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Re: Live chat
« Reply #2368 on: July 22, 2015, 05:31:14 am »
They are for an ETF but probably still reasonable compared to taking your money out, exchanging it, getting an overseas broker, and then buying a some stock. But would be interesting if one of the big banks started an oversea ETF.

Patrick

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« Reply #2369 on: July 22, 2015, 07:27:30 am »
Yeah I wish there was a cheaper option too. DBX is far too expensive for my taste.