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Shares / Re: Investment Advice
« on: October 31, 2013, 09:48:45 am »Hi DLD
You'd need to consider your time period for the investment (i.e. by when would you need to withdraw from your investment), as well as your risk profile and your requirement (i.e. do you need regular income from the investment or are you looking for growth).
You'll find a common thread through all the post here that states "If you can't beat the Index, buy the Index". Check out the Satrix Indi post as well as the following posts for some good insights -
- Share growth comparison and timeframes
- RMB MidCap ETF
- STX40 vs RMBT40 (read this before you buy Satrix 40)
- Living off Dividends.
- Reaching financial freedom
and don't forget to topic - Tax
Also look at the Investor Challenge category and competition.
You will find some great opinions.
thanks so much for the great reply and to the others who have also replied.
I just want to put the money away for a year and get some growth out of it, I don't need to use the money and I'd rather it made some money for me instead of just sitting in a bank account earning minimal interest. I'll speak to my tax consultant about the tax implications of any profit I will
Thanks for the advice, I will definitely look into the Satrix INDI and the other threads that you mentioned.