Well Divtrx is tanking fast and I'm sure we are all patiently waiting to hear the div announcement but against negative growth and declining dividends the preftrx is looking good for a positive yield in 2016.
I'm also interested in information regarding Preftrax. It looks like a stellar dividend fund with low volatility. Other dividend funds have far lower dividends with much higher volatility.
Yeah, I know our costs are spiralling upwards... but cheer up. Gold is accepted in most countries Just don't head for Europe. They seem a bit full these days
@chang9015 Don't sell. The waterfront still exists. The banks still run. Sanral is still not collecting tolls. I would venture 90% of SA citizends don't even know what happened (stock wise). They will still rent, buy, spend and eat the same they did yesterday and the day before. Just a year or two and the divvies will start roling in again
Funny you should say that. My DBXUS is offsetting the fall in my SA ETFs almost equally. I'm able to bet against SA while still acquiring quality dividend / income shares here at home. That US rate increase will aid this process further.
What is scary is that it's across almost every type of share. Mass exodus. If I had a crystal ball about who the sellers are then it would provide great insight about who Zuma pissed off so much (excluding us)
I think it's the -Nene effect. And van Rooyen says he want's to "open up" the treasury so that it's more accessible??? Another R1 down on all the indexes please