Author Topic: Live chat  (Read 2975050 times)

gcr

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Re: Live chat
« Reply #6660 on: January 20, 2018, 07:30:21 pm »
Agreed, but the leaders at the moment we those who bought steinhoff this year. Also a massive risk.
Ah - but that's been my contention since the challenge was introduced - the "game" is one of chance and picking a lottery share. To get around this it may be prudent that if a challenger sells out of a share in the same year as purchase then the transaction is subject to CGT and any other taxes that a trader would be subjected to, via SARS
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #6661 on: January 20, 2018, 11:08:34 pm »
Taxes are there, set at 30% on overall sales profit.

Nivek

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« Reply #6662 on: January 21, 2018, 08:06:07 am »
Anyone else expecting good things for the Rand on Monday? Where will it open? Maybe under R12?

Orca

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« Reply #6663 on: January 22, 2018, 10:07:56 am »
ZAR opened up 11c lower than previous close so it might at some stage want to close it again. Sub 12 is inevitable though.
I started here with nothing and still have most of it left.

Nivek

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« Reply #6664 on: January 22, 2018, 12:54:34 pm »
R12.04, it's nearly there!

Hamster

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« Reply #6665 on: January 22, 2018, 01:53:08 pm »
RES :'(

jaDEB

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« Reply #6666 on: January 22, 2018, 03:54:07 pm »
BTC :'(
jaDEB

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Bread

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Re: Live chat
« Reply #6667 on: January 22, 2018, 04:43:12 pm »
 :D

Hamster

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« Reply #6668 on: January 23, 2018, 07:13:38 am »

BussoV6

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Patrick

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« Reply #6670 on: January 23, 2018, 09:13:29 am »
Index yields 4.25%, will be reduced by the TER. Returns last year were good, but lower than market average, long term it hasn't done that well: http://us.spindices.com/indices/strategy/sp-global-dividend-aristocrats

Hamster

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« Reply #6671 on: January 23, 2018, 02:13:32 pm »
And if we remove 2008 from its performance?

Hamster

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Re: Live chat
« Reply #6672 on: January 23, 2018, 02:20:34 pm »
Total returns %
2008: (53.77)
2009: 45.16
2010: 20.51
2011: (1.72)
2012: 13.64
2013: 18.26
2014: 4.55
2015: (8.26)
2016: 13.21
2017: 18.86

3 years (including 2008) of negative performance. Also have to factor in the exchange rate but potentially it could yield rather high results.

Patrick

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« Reply #6673 on: January 23, 2018, 04:04:50 pm »
Yeah, I like the fact that it's quite well diversified, so likely safer than DIVTRX, it also has a higher yield. I also see the dividends must increase for 10 years to qualify, so likely solid companies. I'd consider it in my TFSA except that there's no way to recover foreign taxes paid in a TFSA :(

Hamster

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« Reply #6674 on: January 23, 2018, 07:36:42 pm »
True. Saw the effect of that again when SYGWD paid out. R180 worth of dividends, R60 in deductions. 33%

Granted, small numbers, but if I was focused on dividends and that happened - ouch.