166
The Investor Challenge / Re: Blog post: Exposed! My utterly extravagant spending in 2017
« on: February 13, 2018, 03:06:21 pm »
I like that smiley.
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167
The Investor Challenge / Re: Blog post: Exposed! My utterly extravagant spending in 2017
« on: February 13, 2018, 10:20:02 am »
Sure that is monthly budget? 
(I'll burn through this budget in 2 days.)
(I'll burn through this budget in 2 days.)
168
Shares / Re: Cherrypicking & Tapouts
« on: February 13, 2018, 09:56:58 am »
12 February 2017 Monday
Up:
Raubex +7.05%
PickPay +3.61%
Montauk +3.57%
Firstrand +3.44%
CityLdge +3.40%
Down:
Nuworld -11.12%
Fortressb -9.75%
Nepirock -8.67%
Resilient -7.42%
Steinhoff -6.57%
Phumelela -6.25%
Intuprop -4.63% new low @ 3355
Ame -4.62%
Cat -4.35%
Adaptit -4.00%
Pergrin -3.85%
Mondi -1.40% new low @ 29006
Bats -1.19% new low @ 72946
Reinet -1.15 new low @ 24001
Up:
Raubex +7.05%
PickPay +3.61%
Montauk +3.57%
Firstrand +3.44%
CityLdge +3.40%
Down:
Nuworld -11.12%
Fortressb -9.75%
Nepirock -8.67%
Resilient -7.42%
Steinhoff -6.57%
Phumelela -6.25%
Intuprop -4.63% new low @ 3355
Ame -4.62%
Cat -4.35%
Adaptit -4.00%
Pergrin -3.85%
Mondi -1.40% new low @ 29006
Bats -1.19% new low @ 72946
Reinet -1.15 new low @ 24001
169
Shares / Re: Mind engaging with a newbie broker?
« on: February 12, 2018, 04:13:04 pm »
Only one thing left to do now.
Get your @$$ on the Investor Challenge - change your name if you like, just PM me the new name.
Get your @$$ on the Investor Challenge - change your name if you like, just PM me the new name.
170
Shares / Re: Mind engaging with a newbie broker?
« on: February 12, 2018, 11:49:48 am »
Hallo IndustryGuy
You’re not going to like this.
Apologies, this is one genie I can’t put back in the bottle but hopefully my cynic views will at least help you with your educational expedition to better understand other potential skeptic clients.
My reasons for not wanting a broker
I think they won’t be so committed/dedicated to my portfolio as I am. (Everyday)
I’m one of their many clients, not numero uno as I’m with my own.
Technology made it super easy to do it yourself, anywhere, anytime.
Trust. Sorry, I just don’t trust them to be ethical people/institutions, no it’s not just the Bernie Madoff’s or Jordan Belfort’s of this world who did this, I’ve experienced it myself. (I know not all are rotten, but the mirror is cracked now, no amount of polishing will fix it)
For 1% I would want a guarantee (yes I know, not possible but you’ve asked) that the institution will have better returns than myself or a specific percentage, If they don’t make it – institution should fill the gap.
Yes, still also have broker from way-back-when (before internet). No interaction except for statement every 4 months of fund movements. Just leaving it as is, as a backup if you will and tax implications.
I like to do it myself.
If I were you, I would concentrate on people who just started to work who don’t have time to learn investing/trading – hammer them with compound interest/dividends, new parents and parents of kids 6-12 jr – link investment to kid's education/future and people who are about to retire/opted for retrenchment who have no interest in doing it themselves.
On the positive side, I’m really jealous of you, just started working at a brokerage firm – would have loved to do that. I hope you realize you are in the belly of the beast, learn all you can and use it for your own investments/trading one day. {Edit: Oh ja, and don't forget to share some inside industry secrets with us.
}
Good Luck.
You’re not going to like this.
Apologies, this is one genie I can’t put back in the bottle but hopefully my cynic views will at least help you with your educational expedition to better understand other potential skeptic clients.
My reasons for not wanting a broker
I think they won’t be so committed/dedicated to my portfolio as I am. (Everyday)
I’m one of their many clients, not numero uno as I’m with my own.
Technology made it super easy to do it yourself, anywhere, anytime.
Trust. Sorry, I just don’t trust them to be ethical people/institutions, no it’s not just the Bernie Madoff’s or Jordan Belfort’s of this world who did this, I’ve experienced it myself. (I know not all are rotten, but the mirror is cracked now, no amount of polishing will fix it)
For 1% I would want a guarantee (yes I know, not possible but you’ve asked) that the institution will have better returns than myself or a specific percentage, If they don’t make it – institution should fill the gap.
Yes, still also have broker from way-back-when (before internet). No interaction except for statement every 4 months of fund movements. Just leaving it as is, as a backup if you will and tax implications.
I like to do it myself.
If I were you, I would concentrate on people who just started to work who don’t have time to learn investing/trading – hammer them with compound interest/dividends, new parents and parents of kids 6-12 jr – link investment to kid's education/future and people who are about to retire/opted for retrenchment who have no interest in doing it themselves.
On the positive side, I’m really jealous of you, just started working at a brokerage firm – would have loved to do that. I hope you realize you are in the belly of the beast, learn all you can and use it for your own investments/trading one day. {Edit: Oh ja, and don't forget to share some inside industry secrets with us.
}Good Luck.
171
Shares / Re: Cherrypicking & Tapouts
« on: February 12, 2018, 09:32:22 am »
9 February 2017 Friday
Up:
Kaapagri +8.02%
Capitec +2.55%
Down:
Bee-Sasol -13.25%
Sheretail -7.24%
LibH -7.16%
RBPlat -5.71%
Brait -5.14%
Sasfin -4.58%
Bats -2.21% new low @ 74541
Abinbev -2.13% new low @ 123550
Reinet -1.06% new low @ 24003
Up:
Kaapagri +8.02%
Capitec +2.55%
Down:
Bee-Sasol -13.25%
Sheretail -7.24%
LibH -7.16%
RBPlat -5.71%
Brait -5.14%
Sasfin -4.58%
Bats -2.21% new low @ 74541
Abinbev -2.13% new low @ 123550
Reinet -1.06% new low @ 24003
172
Shares / Re: Cherrypicking & Tapouts
« on: February 09, 2018, 10:05:38 am »
8 February 2018 Thursday
Up:
RBPlat +9.38%
Bee-Sasol +9.21%
Afrox +5.74%
Trencor +5.33%
PSG-K +4.62%
Growthpoint +1.23% new high @ 2881
Down:
Steinhoff -9.47%
Cullinan -8.96%
Niveus -8.70%
TradeH -7.46%
Montauk -5.07%
GFields -4.06%
Kaapagri -4.00%
Lonmin -3.95%
Sibanye -3.92% new low @ 1196
TigerB -3.78%
Up:
RBPlat +9.38%
Bee-Sasol +9.21%
Afrox +5.74%
Trencor +5.33%
PSG-K +4.62%
Growthpoint +1.23% new high @ 2881
Down:
Steinhoff -9.47%
Cullinan -8.96%
Niveus -8.70%
TradeH -7.46%
Montauk -5.07%
GFields -4.06%
Kaapagri -4.00%
Lonmin -3.95%
Sibanye -3.92% new low @ 1196
TigerB -3.78%
173
Shares / Re: Cherrypicking & Tapouts
« on: February 08, 2018, 09:51:18 am » "Bats" look a nosedive since Jan, picked up a little since 2pm yesterday.(Just in case you didn't know, called BTI on JSE and called BATS on London exchange - The British American Tobacco Company. There is also Brait on JSE which is called BAT - see? My work here is done.)
7 February 2018 Wednesday
Up:
Nepirock +16.80%
Rebosisa +15.33%
Res +11.68%
4Sight +11.18%
Steinhoff +8.66%
Brait +7.73%
InvPlc +7.97%
Tfg +6.75%
LifeC +5.94%
Nedcor +5.78%
Truworths +5.84%
Down:
Bee-Sasol -7.09%
Implats -6.32%
Kaapagri -3.83%
Eftpld -3.65%
Hudaco -3.34%
Sappi -2.92% new low @ 7823
Bats -0.17% new low @ 75276
174
Shares / Re: Cherrypicking & Tapouts
« on: February 07, 2018, 09:43:17 am »
"Endure, Master Wayne. Take it." Alfred
6 February 2018 Tuesday
Up:
Bee-Sasol +4.87%
Hudaco +3.94%
Down:
Fortressb -6.62% new low @ 2100
MedC -4.97%
Afrox -4.93%
Hulamin -5.38 new low @ 461
Hammerson -4.81% new low @ 7503
Sygprop40 -3.27% new low @ 2985
Nepirock -3.17% new low @ 12008
Bats -2.73% new low @ 75801
Reinet -2.49% new low @ 24687
Abinbev -2.07% new low @ 127245
Sibanye -1.99% new low @ 1260
Hyprop -1.60% new low @9800
6 February 2018 Tuesday
Up:
Bee-Sasol +4.87%
Hudaco +3.94%
Down:
Fortressb -6.62% new low @ 2100
MedC -4.97%
Afrox -4.93%
Hulamin -5.38 new low @ 461
Hammerson -4.81% new low @ 7503
Sygprop40 -3.27% new low @ 2985
Nepirock -3.17% new low @ 12008
Bats -2.73% new low @ 75801
Reinet -2.49% new low @ 24687
Abinbev -2.07% new low @ 127245
Sibanye -1.99% new low @ 1260
Hyprop -1.60% new low @9800
175
Off topic / Re: Live chat
« on: February 06, 2018, 05:20:28 pm »Phew what a few days it's been. I'm nearly down a years after tax salary and it hasn't even been a week!
That only means one thing to me - You're big into investing and that is all guuud. Do you know how you know you've made it? It when you lose billions in a day, so keep going, you're not done yet.