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Messages - Pax

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Off topic / Re: No EasyEquities access from abroad!
« on: April 07, 2020, 10:03:58 am »
Maybe try a VPN service and setting your location to South Africa.

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Shares / Re: RA and fees
« on: March 13, 2020, 08:35:48 am »
Have a look at OUTvest. As far as I know they currently have the lowest fees for an RA for larger balances, say R750k upwards (circa 0.2%). Second best is Sygnia if you use one of their in-house funds (circa 0.63%).

3
Shares / Re: Offshore USD ETFs - Accumulating or Distributing?
« on: February 21, 2020, 12:04:01 pm »
I've just come across Mexem (mexem.co.za).

They are an introductory broker for Interactive Brokers in the US. They claim to give you the same investment products, spreads and fees (minus the monthly $10 account fee) as Interactive Brokers. Furthermore they indicated that they are also willing to respond to the directives of a South African will. This now seems to be the easiest way for a South African to go offshore for small amounts of money. I'm definitely going to give them a try.

4
So, to partially answer my own question:

Easy Equities have confirmed that they would respond to and execute according to a South African will. So no foreign will required when making use of the Easy Equities USD account.  :)

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This post got me thinking that I should get going with buying offshore ETFs through Easy Equities.

The only thing that I am still worried about is that I might be creating a lot of schlepp for my loved ones if I still owned offshore ETFs directly at the time that I die if I do not have an offshore last will and testament in place.

Does anybody have advice on where to turn to in this regard that will not cost me an arm and a leg? Is it even that big a deal not to have a will in place?

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Off topic / Live chat
« on: October 07, 2019, 03:49:30 pm »
Oops... posted a note instead of searching. XD Please ignore..

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Off topic / Live chat
« on: October 07, 2019, 03:47:45 pm »
side gig

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