526
Off topic / Re: Live chat
« on: May 18, 2015, 08:17:51 am »Tsk, tsk. Et tu Brute?
Let me suck on my sour lemons in peace...
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Let me suck on my sour lemons in peace...
527
Off topic / Re: My new app just went live
« on: May 16, 2015, 10:02:02 pm »
I would love to try it out, unfortunately I am just not a fan of cell phones - I find them intrusive. But useful when you do need them - so have a small, light, cheap "dumb" phone that fits in my pocket and the charge lasts over a week. It has so few features that I think "torch" was listed at number two! 
528
Off topic / Re: Live chat
« on: May 16, 2015, 09:57:33 pm »Very true blood burner. Like in real life, higher risk can bring higher reward. Not sure I'd want to put all my real life money into so few shares though.l
I am sure rules have been debated - and maybe the way you have it is best. I would be interested to see what the portfolios would be if you where not allowed to spend more than 20% of your total holdings on 1 share. I very quickly fell into the hold one share for big gains bucket - not that it worked for me, I'll be happy now just finishing in the 100's and getting out the 200's.
But then we might debate a person buying 5 junior coal miners and if that was realistic for an investment club - there will always be something!
Have found it very interesting - esp the way the ETF's perform. And kudo's on the programming - I am sure you command top dollar!
529
Off topic / Re: Live chat
« on: May 13, 2015, 09:55:42 am »So now that my app developing is done for a while, what should I write about next?
What happened to stocks in Zimbabwe?
Over the last 20 years including the hyperinflation years - did they hold value against the rand/dollar? If ZA heads south, how safe is our investments? Will dual listed shares be the way to go.
Just had a look at the zim ex website - it's actually quite nice. But trying to figure out on the price quoted for OK http://www.zimbabwe-stock-exchange.com/listed-company/OKZ/ is it 11 US c per share or 11$ per share? They mention a divided of 0.19 cents per share which makes me think it is 11USc - but they then deal in fractions of a cent when dealing - weird. Used to odd numbers when it comes to dividends though.
530
Shares / Re: Long Term Portfolios.
« on: May 13, 2015, 07:00:33 am »
My small portfolio is less than 10% of the bigger one and generally contains share I liked but for one or other reason did not get into the main portfolio - usually because of a lack of decent dividend but sometimes just because I ran out of money!
Still a work in progress - next want to add steinhoff and FNB and probably mediclinic
Naspers
Aspen
Attaq
WHL
JSE
CML (again
)
Taste
EOH
Discovery
Spar
What can I say - I like reading SENS! As long as fees are reasonable, I do not see what the problem is with making your own ETF. The only problem would be when it comes time to sell - having all your cash in a couple of ETF's makes it easier instead of it spread between 40 or so shares - I guess worst performers out first.
I did see a quote once that went something like " A large portfolio is the product of a lazy or feeble mind" - something along those lines anyway. Personally, I just think it's safer, especially if you not a stock market guru - something I will never be.
Still a work in progress - next want to add steinhoff and FNB and probably mediclinic
Naspers
Aspen
Attaq
WHL
JSE
CML (again
)Taste
EOH
Discovery
Spar
What can I say - I like reading SENS! As long as fees are reasonable, I do not see what the problem is with making your own ETF. The only problem would be when it comes time to sell - having all your cash in a couple of ETF's makes it easier instead of it spread between 40 or so shares - I guess worst performers out first.
I did see a quote once that went something like " A large portfolio is the product of a lazy or feeble mind" - something along those lines anyway. Personally, I just think it's safer, especially if you not a stock market guru - something I will never be.
531
Shares / Re: Why do stocks go south?
« on: May 13, 2015, 06:41:34 am »
That's not quite true as it's explosives division is linked to resources - so at least a big part of it's income is linked to the resource cycle.
Aspen might be a better example - the sell of by GSK was the trigger, but really, there is no reason why it's stock is/was hammered.
A while ago Capitec got hammered because it shared the same space as ABIL - even though they where run totally differently - just because it shared the same sector. Funnily enough, finbond - which on paper looks way more like Abil than capitec ever did, did not seem to get hammered as much.
Any way, all these "events" normally lead to one thing...a great buying opportunity.
Aspen might be a better example - the sell of by GSK was the trigger, but really, there is no reason why it's stock is/was hammered.
A while ago Capitec got hammered because it shared the same space as ABIL - even though they where run totally differently - just because it shared the same sector. Funnily enough, finbond - which on paper looks way more like Abil than capitec ever did, did not seem to get hammered as much.
Any way, all these "events" normally lead to one thing...a great buying opportunity.
532
Shares / Re: Long Term Portfolios.
« on: May 12, 2015, 09:46:44 pm »
Yup - I think for beginners a spread portfolio might not get stellar returns, but is a fair amount safer than a more concentrated selection. And of course, geared for dividends with out resources.
Happy with it so far - but can only really track it now that I have stopped adding to it.
Happy with it so far - but can only really track it now that I have stopped adding to it.
533
Shares / Re: Long Term Portfolios.
« on: May 12, 2015, 03:34:36 pm »
My main portfolio:
Share Code Profit (Loss) (%) % of Equities
A V I AVI 29.87 5.57%
ARROW A AWA 25.69 4.29%
BATS BTI 41.74 2.36%
CORONAT CML 17.11 9.56%
CAPITEC CPI 189.15 6.94%
GRANPRADE GPL 28.05 1.52%
GROWPNT GRT 8.98 2.72%
HYPROP HYP 40.94 8.78%
INTUPLC ITU 19 3.26%
MMI HLDGS MMI 50.23 2.07%
MR PRICE MPC 50.91 7.87%
MTN GROUP MTN 4.91 5.01%
NEPI NEP 19.33 1.99%
NAMPAK NPK 12.06 2.35%
OLDMUTUAL OML 33.25 4.09%
PERGRIN PGR 37.19 2.50%
REDEFINE RDF 19.05 2.84%
RHODES RFG 9.2 2.02%
RMIH RMI 41.31 3.37%
ROCKCASTLE ROC 70.13 4.86%
RI PLC RPL 39.95 5.70%
SA CORP SAC 17.01 2.61%
SANLAM SLM 17.78 2.06%
SPURCORP SUR 26.19 0.81%
TOWER TWR 0.14 1.29%
VODACOM VOD 17.54 3.45%
Share Code Profit (Loss) (%) % of Equities
A V I AVI 29.87 5.57%
ARROW A AWA 25.69 4.29%
BATS BTI 41.74 2.36%
CORONAT CML 17.11 9.56%
CAPITEC CPI 189.15 6.94%
GRANPRADE GPL 28.05 1.52%
GROWPNT GRT 8.98 2.72%
HYPROP HYP 40.94 8.78%
INTUPLC ITU 19 3.26%
MMI HLDGS MMI 50.23 2.07%
MR PRICE MPC 50.91 7.87%
MTN GROUP MTN 4.91 5.01%
NEPI NEP 19.33 1.99%
NAMPAK NPK 12.06 2.35%
OLDMUTUAL OML 33.25 4.09%
PERGRIN PGR 37.19 2.50%
REDEFINE RDF 19.05 2.84%
RHODES RFG 9.2 2.02%
RMIH RMI 41.31 3.37%
ROCKCASTLE ROC 70.13 4.86%
RI PLC RPL 39.95 5.70%
SA CORP SAC 17.01 2.61%
SANLAM SLM 17.78 2.06%
SPURCORP SUR 26.19 0.81%
TOWER TWR 0.14 1.29%
VODACOM VOD 17.54 3.45%
534
Shares / Re: Future plans - unit trust or jse
« on: May 12, 2015, 03:31:17 pm »
For me, because of your age, would go 100% equities and not bother with bonds, and certainly not cash. I would use 30K in a tax free account. And next year put 2.5k in every month. Look up TFSA (tax free saving account in this forum)
For the rest, I would look at a mix of ETF's - maybe a UT or two if they really appealed - but I hate management fee's. But spread your money around. Investing should not be boring - have fun with it.
Have you started an RA? If not, I would look into it. i understand Sanlam has one that has 75% equities and 25% listed property
For the rest, I would look at a mix of ETF's - maybe a UT or two if they really appealed - but I hate management fee's. But spread your money around. Investing should not be boring - have fun with it.
Have you started an RA? If not, I would look into it. i understand Sanlam has one that has 75% equities and 25% listed property
535
Shares / Re: PPC - Buy at R17-00
« on: May 11, 2015, 08:30:05 am »
Pilot - you are probably right in thinking that PPC could do well in the rest of Africa - but as most african countries are based on resources - you going to need to wait for them to recover before capital really starts to flow to those countries.
That said, buying some for the divi to cover the building sector for a long term portfolio would probably not be a bad call. I would prefer to buy the property companies building malls in Africa - if I was looking for that kind of exposure.
That said, buying some for the divi to cover the building sector for a long term portfolio would probably not be a bad call. I would prefer to buy the property companies building malls in Africa - if I was looking for that kind of exposure.
536
Shares / Re: What investment instruments do you use?
« on: May 08, 2015, 08:45:38 am »
Nothing like a couple of stories of how people treat their holiday accommodation to make me think twice. 
I'll put the idea on ice for the moment - need to revisit my first business plan and start working on it.
I'll put the idea on ice for the moment - need to revisit my first business plan and start working on it.
537
Off topic / Re: Live chat
« on: May 07, 2015, 11:57:08 am »Ouch.
Think it's time to take a week off from looking at shares - looks like we going through a small correction - have no intention of selling, but watching my net worth being eroded is no fun ether
See you next week
Sorry, did I say 2 weeks.
What I mean't to say is "I have guests over so won't be checking on my stocks for 1 and 1/2 hours..."
Err, did I mention my lack of will power.
538
Off topic / Re: Live chat
« on: May 07, 2015, 10:19:28 am »
Ouch.
Think it's time to take a week off from looking at shares - looks like we going through a small correction - have no intention of selling, but watching my net worth being eroded is no fun ether
See you next week
Think it's time to take a week off from looking at shares - looks like we going through a small correction - have no intention of selling, but watching my net worth being eroded is no fun ether
See you next week
539
Shares / Re: What investment instruments do you use?
« on: May 07, 2015, 07:16:56 am »Flats: R300K Max to convert - rented out @ R500 per night every weekend = R104K Call it R80K after expenses.
Shares: Return on R300k around R15K per year from dividends
Capital Growth:
Flat: Lets say it doubles after 10 years so R600K
Shares: Double every 5 years so R1.2mill
I would imagine that dividends generally stay fairly consistent percentage wise, so the 15k could be 30k after 5 years, and 60k after 10. Might change the way the numbers look.
True - but then rental would also increase - but more in line with inflation though. Still mulling over it - need to look at cost to convert, but doubt I could get it below R250K - might even be more. Weirdly, I am sure it would be reasonably successful - especially vs the time it takes to run it and set up cost are not ridicules and on the whole I would get that back when I sell.
So if someone came to me with this as a business plan - I probably would say, go for it - it's a solid business plan. Yet weirdly it losses it's shine when compared to decent expect gains on the JSE of capital growth of 15% and dividends of 5%. Will be chatting to someone today that has a self catering place - not in my area, but will be interested to find out more.
540
The Investor Challenge / Re: Blog post: Let's all be guilty of tax avoidance
« on: May 06, 2015, 04:52:19 pm »
RA's have to be section 28 compatible - which means a max of 75% in equities. But many are conservative balance funds - so some have less. Then you have management fees. That said, have heard of a Sanlam RA that has 75% equities and 25% listed property.
Of course, you do score with the tax, depending on your tax bracket, anything from 18 - 41% - a huge plus.
Personally, if I earned a decent salary I would make sure I maxed (15%) my RA allocation into the most aggressive funds that I could as well as my R30K TFSA. I stopped contributing to my RA - as it only gave me 9% last year - and my tax situation has changed.
Of course, you do score with the tax, depending on your tax bracket, anything from 18 - 41% - a huge plus.
Personally, if I earned a decent salary I would make sure I maxed (15%) my RA allocation into the most aggressive funds that I could as well as my R30K TFSA. I stopped contributing to my RA - as it only gave me 9% last year - and my tax situation has changed.