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Hi,

I'm interested to hear your opinions/experience on trading purely based off of technical analysis signals.

My opinion, I think there could be some merit the approach.

Yes, there is no 100% fool-proof system that'll make you money all the time and what worked 2 years ago could be outdated now so it would have to constantly evolve, but even if it just gives you a slightly better chance of making a profitable trade over the long term it could pay off.

Maybe?

Hey,

Can you guys give me some ideas/your opinion of what to do with a bit of extra cash?

I'll be getting a bonus soon of about R450,000, less 40% (41% or 42% now I think) will leave me with just over R250,000.
Planning on spending about R50,000 which will leave me with R200,000.

I've got 2 small bonds and paying prime less 1.45% on each which would be the safe option but I'm willing to accept some risk with this so i'd prefer not just sticking it into the bonds.
I also make monthly contributions to some unit trusts too but as i've learnt on here they are not always the best option, I've also invested a bit in a few random shares (APN,CFR,GPL,MTA and NPN, Not the best choices i've made but at least I got out of GLN before things went really bad    )

So from what I've learnt from you guys i'm leaning towards 2 options:

• Getting into an ETF or 2.
• Or putting it into an RA, if my understanding of the tax benefits is correct.
  If I were to place it into a RA would I be able to claim my tax back and in effect get  (200,000/60*100)-200,000=R133,333 tax back?
  Obviously I pay the tax once i retire but getting an extra R133,333 now seems like a pretty good idea? Or not?

Thanks for your input.

Hi,

I've often heard about funds like the below but never gotten around to checking them out.

https://www.discovery.co.za/discovery_coza/web/linked_content/pdfs/invest/discovery_europe_high_five_fund.pdf

From my side, it doesn't look too bad but I get the feeling that i'm missing something otherwise people would be talking about it a bit more.

In a nutshell from what I understand, invest over R100,000 after 5 years you'll get interest as if you'd been invested in the top 5 European shares.

A few catches I think there may be:

• It looks like they'll only give you the % increase over the 5 years, so you'll miss out on some compound interest.
• Your money will be stuck there for 5 years which could be seen as bad or not.
• They have something about if the top 20 drop by over 40% at anytime in the 5 years you won't get the top 5 returns, instead you'll get returns from the top 20.
• I guess if you think Europe is really in trouble it could be a bad idea too.

Would the possibility of being invested in the Top 5 Euro shares not outweigh the above negatives?

Can you guys give me your opinion on it?

Thanks

Hi,

Can I get your guys opinion on this Tax Free Share account offered by FNB please.

https://www.fnb.co.za/invest/tax-free-accounts/share-option.html

I read what I can find about it and it looks like the same limits that apply to a tax free savings account apply here.
R30,000 per year and max of R500,000.

It looks like they'll invest you in 2 ETFs, RMB Top40 and RMB MidCap.

All dividends and capital gains are tax free.

I guess things are all relative and if the companies that make up those ETFs do well you'll do well.
And if you were already invested in similar ETFs it would probably make sense to make use of this.

Annual fees range from 0.40% to 0.30% per annum plus VAT.
What exactly does that mean? 0.40% of you portfolio is fine, but the plus VAT part? Does that mean if you deposit R30,000 they'll charge you VAT on it?

What do you think? Worth looking into as a fairly safe investment?

Thanks for your input/views!

Cheers.