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Author Topic: Live chat  (Read 2941324 times)

Fanus

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« Reply #3585 on: March 30, 2016, 04:50:46 pm »
It might be a great feeling but how can this not be currency manipulation?
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Orca

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Re: Live chat
« Reply #3586 on: March 30, 2016, 05:31:14 pm »
Glad I did not take a gamble on the ZAR dropping and flee to USD. ZAR gained 2% and my portfolio by 2,8% today. This is a double whammy for me.  ;D
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Q

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« Reply #3587 on: March 30, 2016, 08:14:18 pm »
$$$ On Sale Today
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Orca

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Re: Live chat
« Reply #3588 on: March 30, 2016, 10:31:32 pm »
SA will not become a Zumbabwe. He has become too much of an embarrassment for the ANC and they will have to let him go after he pays for his floor mats and all.
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gcr

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Re: Live chat
« Reply #3589 on: March 31, 2016, 12:12:03 am »
I think some of the share price movements upwards yesterday and probably today are fund managers doing some window dressing at a quarter end again.
I am not sure why the Rand strengthened yesterday it may have something to do with Gordhan answering the Hawks question and could have something to do with the Con Courts ruling later today on the Nkandla issue. Gauntlett was at pains to say that whatever ruling is given, that impeachment, or unfit to hold office should not be a determinant in the outcome.
They do say the market knows everything
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

jaDEB

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« Reply #3590 on: March 31, 2016, 07:07:32 am »
I finks it is the USD that is to strong for the US, it is now Euro to  $ 1.13
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jaDEB

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Fawkes85

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Re: Live chat
« Reply #3591 on: March 31, 2016, 07:25:06 am »
They may not be Vanguard but they are the next best thing and they are coming to SA:

http://www.moneyweb.co.za/investing/worlds-largest-asset-manager-launches-funds-in-sa/
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Q

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« Reply #3592 on: March 31, 2016, 08:50:25 am »
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Q

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« Reply #3593 on: March 31, 2016, 08:53:29 am »
4th Place Total Worth R444k / Q Total Worth R445 27th something is wrong
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Patrick

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« Reply #3594 on: March 31, 2016, 09:11:06 am »
The numbers add up Q. Your total worth is R446k, but of that your profit so far has been R200k, you pay tax on profit of 30%, so the government (me!) wants R60k from you, leaving you with R386k in net worth.
« Last Edit: March 31, 2016, 09:12:42 am by Patrick »
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Q

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« Reply #3595 on: March 31, 2016, 09:14:05 am »
Patrick what is the R44k I've paid in fees already from the R200k profit?
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Q

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« Reply #3596 on: March 31, 2016, 09:15:29 am »
Are you saying from my R200k profit I've paid out R44k (Fees) + R60k (Tax) = R104k
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jaDEB

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« Reply #3597 on: March 31, 2016, 09:55:45 am »
Patrick, please note MoneyPenny will pay my tax on the IC. Thus it does not apply to me.
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jaDEB

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Q

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« Reply #3598 on: March 31, 2016, 10:41:32 am »
lol
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Patrick

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« Reply #3599 on: March 31, 2016, 10:42:51 am »
Yep, fees go to the broker, taxes go to the government, you have to pay both, here and in real life unfortunately! @jaDEB, she's missed the last payment, I'm sending my MMA fighter brother to come collect directly thanks :)
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