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If the best profit we/me can make on  long term financial investments is around 30% PA(which would be great if inflation wasn't so much),is it really worth investing?

Wow, I can see why you call yourself Delusionsofgrandeur  Give me 30% pa any day, and I will beat the JSE ALSI to hell and gone, and you can throw in inflation as well. If measured in $ returns, well that would still not be a train-smash.
(PS. buying and selling houses is a crappy way to invest).

 

Now the markets are totally screwed up. US going strong with the great results. Technicals were in overbought and overvalued region and now increasing. Thought the good news will tank markets but they going up. WTF is going on? QE to end sooner should have prevailed and tanked the US by now.

You are right in your thinking, but the feeling now is that the economy is strong enough to withstand tapering ..

Equity futures initially erased earlier gains after a Labor Department report showed payrolls in the U.S. increased more than forecast in October. After a report yesterday showed third-quarter gross domestic product grew faster than yesterday, today’s data fueled speculation the Fed will cut stimulus sooner than expected.

The contracts then reversed their losses as investors considered whether the signs of strengthening growth is evidence that the world’s largest economy can withstand less Fed support.

Ah I see, didn't look carefully and saw only RDF - different kettle of fish.
But yes, it is confusing as although RIN was suspended on 28/10/13, they were only delisted on 4/11/13.
He could not have purchased any RIN after 25/10/13 (a Friday), but certainly was able to purcahse RPL on
1/11/13 as trading in them commenced on Monday 28/10/13.

Basically the Purchase date entry should read:-

RPL    REDEFINE INTERNATIONAL PLC
_____________________________________________________________________________________________

Last day to trade in RIN linked units on the JSE                                         Friday, 25 October

RIN linked units suspended “ex” the unbundling                                           Monday, 28 October

Proposed listing date of RI PLC on the JSE from the commencement of trade on             Monday, 28 October

Trading in RI PLC shares with the JSE share code: RPL and ISIN:                          Monday, 28 October
IM00B8BV8G91 commences on

Record date to participate in the unbundling and the de-listing                          Friday, 1 November

Tax apportionment announcement pursuant to the unbundling                                Friday, 1 November

Accounts at CSDP or broker updated in respect of dematerialised RIN linked               Monday, 4 November
unitholders

RI PLC share certificates posted to certificated RIN linked unitholders on or            Monday, 4 November
about

De-listing of RIN linked units from the JSE at commencement of trade                     Monday, 4 November

Patrick,

It was a one for one spin off. Last price of RIN was 780 (i.e. price before suspension and subsequent delisting).
RPL started trading on JSE 28/10
VW's gain is thus "0"  --unless the price has gone up in the meantime.

There will be a dividend 'in specie' of  57.92cpu without the deduction of witholding tax (as I see it). See http://www.sharenet.co.za/v3/sens_display.php?tdate=20131101120800&seq=24
I am not sure exactly when the div. will be paid, but I think on 29/11/13

For what it's worth, bumping this thread.
Read it or leave it - up to you.

The Grand Superstition

(Source = http://hussmanfunds.com)

The misattribution of cause and effect in 2009 created the Grand Superstition of our time – the belief that Federal Reserve policy was responsible for ending the financial crisis and sending the stock market higher. By 2010, this narrative was so fully accepted that the Fed’s announcement of further “quantitative easing” was met by equally great enthusiasm by investors.

Complicating matters, the European Central Bank forestalled a currency crisis in Europe through massive purchases of debt from credit-strained member countries. While this action was interpreted as quantitative easing, it actually functioned as a funding operation to weaker countries that was much more akin to a fiscal subsidy from stronger countries like Germany. Still, the fact that it was executed by the central bank and eased the Euro crisis helped to contribute to a perception that central bank purchases of government securities – in and of themselves – are sufficient to support the stock markets indefinitely. Worse, perception creates its own reality in the financial markets, so provided enough investors believe something to be true, the outcome is the same as if it really were, but only for a while.

Don’t misunderstand. Quantitative easing has undoubtedly been the primary driver of stock prices since 2010. But the benefit of having a human intelligence is the ability to evaluate the extent to which there is any mechanistic link between the cause and the effect. If there is not, investors may be resting their confidence on little more than perception and superstition. This is exactly what historical data indicates.

In the case of quantitative easing, there is one variable that is tightly, logically, and consistently linked to Fed actions. We have nearly a century of evidence that the amount of base money created by the Fed (per dollar of GDP) is strikingly related to the level of short-term interest rates. The chart below illustrates this relationship in data since 1929. Yet the same effect is not observed with anything close to the same strength for long-term bond yields. Worse, looking over the full course of history, there is virtually no relationship between the monetary base (level, change, ratio to GDP) and stock returns (regardless of whether one examines concurrent returns, subsequent returns, yields, or estimated prospective market returns).
................................>>>

PS. The default font size when quoting is too small for me, would be nice if the default was 10pt

"Increased expectations for additional liquidity provisions from the ECB after eurozone unemployment (12.2% actual, 12.0% expected) and CPI (0.7% actual, 1.1% forecast) disappoint."

Rather dovish going forward, means really no compelling reason to move out of equities right now. European bond yields all down.
(I think 2014, before mid year, will see a pretty substantial correction in equities, given the games the FED and Abe of Japan are
playing).

Could you let me know when Redefine International stock will be converted to RI Plc and relect the correct price?

Done and dusted. (suspended 0n 28/10; to be delisted 4/11)

The salient dates and times applicable to the transaction are set out below:
                                                                                                       2013
Results of the general meeting and finalisation announcement published on                Friday, 18 October
SENS on

Results of the general meeting and finalisation announcement published in the            Monday, 21 October
press on

Last day to trade in RIN linked units on the JSE                                         Friday, 25 October

RIN linked units suspended “ex” the unbundling                                          Monday, 28 October

Proposed listing date of RI PLC on the JSE from the commencement of trade on             Monday, 28 October

Trading in RI PLC shares with the JSE share code: RPL and ISIN:                          Monday, 28 October
IM00B8BV8G91 commences on

Record date to participate in the unbundling and the de-listing                          Friday, 1 November

Tax apportionment announcement pursuant to the unbundling                                Friday, 1 November

Accounts at CSDP or broker updated in respect of dematerialised RIN linked               Monday, 4 November
unitholders

RI PLC share certificates posted to certificated RIN linked unitholders on or            Monday, 4 November
about

De-listing of RIN linked units from the JSE at commencement of trade                     Monday, 4 November