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Messages - kavesh

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1
Shares / Re: RA and fees
« on: March 18, 2020, 01:18:14 pm »
The process to move can take about 2 months.
I moved a preservation fund from Liberty to 10x recently and thats how long it took.

What may be a better option for me is to stop the debit order on the Sanlam RA and start a new RA of same value debit order.
Would just need to see what the implications with Sanlam would be. Just need to get away from the high fees!

2
Shares / Re: RA and fees
« on: March 17, 2020, 06:31:28 pm »
So I am keen to move my RA, which is not large to possibly Sygnia. I asked for a quote and it seems based in the funds I selected fees will be around 0.42% still way better than the 2.75% Sanlam is charging.

With the markets taking a blood bath at the moment, I feel hesitant to move. Although I am not cashing out but merely switching to possibly Sygnia. Should I wait for markets to stablise or would you say move now and at least save on the fees?

3
The Investor Challenge / Re: Blog post: You need a TFSA and here is the only place you should get one
« on: March 13, 2020, 12:21:07 pm »
Guy, what are your 2020 thoughts on type of TFSA one should look for. With so much volatility at the moment, one is tempted to go with cash at 6.89% with investec.
In the longer term ETF's should out perform cash by a mile, question is which ones to pick now.
Also do you guys prefer the rand cost averaging method, i.e. fixed amount invested monthly or a lump sum upfront?

4
Shares / Re: RA and fees
« on: March 13, 2020, 09:23:16 am »
Thanks for the leads.

Outvest seems to charge a flat R4 500 till your investment reaches R2 250 000, then its a flat 0.2%

Sygnia according to their website is 0.2% if you use their ETF's, otherwise its 0.4%.

Will research some more on these and revert

5
Shares / RA and fees
« on: March 12, 2020, 01:16:53 pm »
Call me a late bloomer.....I have not considered how fees impacts your investments until recently, and the impact is huge!

I recently moved my preservation fund from Liberty(2.97%) to 10X (1%) and hope in the longer term this will be a good move.
I also have a Sanlam RA which is charging high fees , 2.7%, I want to move that as well.
I could go the 10X route but don't want to have all my eggs in one basket. Any ideas on where I should look to? On another thread there was mention of a Nedgroup RA at less than 1%.
Btw I prefer dealing directly and not have to go through a broker.

Thanks

6
Introductions / Hello
« on: March 12, 2020, 12:50:47 pm »
Hi guys

Kavesh here from PMB. I stumbled across this site and cannot believe I did not see it before.
I enjoy dabbling with my own investments and always looking for better ideas.

I hope to read the threads daily and learn from guys that have been doing this much longer than me.

Thanks
Kavesh

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