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Messages - Nios

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61
Shares / Re: ABSA stockbrokers
« on: May 02, 2014, 09:41:24 pm »
I'm looking at SB too. See their offering is R60 minimum and 0.5% per trade whereby ABSA's minimum trade fee is R120 and 0.4%. SB provide the ability to set auto stop losses and give you access to charting tools etc(still enquiring if theres additional cost involved). Think theres also a R60 monthly fee for that(waived for 3 trades or more). Im also interested in the tax reports they provide which seems better than ABSA's.

What I also like about SB is their option of creating a linked money market account to the trading account which provides an attractive interest rate if maintaining a minimum balance of 50k. Nice place to keep any held cash and the interest earned will cover the R60 monthly fee and a nice portion of at least costs for 1 trade of the month.

62
Shares / Re: ABSA stockbrokers
« on: April 30, 2014, 08:14:38 pm »
Thanks Patrick. What sort of tax reporting do they provide?

63
Shares / ABSA stockbrokers
« on: April 29, 2014, 09:19:45 pm »
Anyone use them and do they provide stop loss facilities?

Which online brokerage firms do you all use and why for your investing and trading activities?

64
Shares / Re: SAtrixindi
« on: April 23, 2014, 08:39:40 am »
Hi Patrick... The fini is performing well but seems to be alot more volatile. I would go fini if i was going to trade it short term. Long term I would stick with the indi. My take is you buying on the cheap at the moment until it starts ticking up again.

65
Shares / Re: SA Tax free savings account
« on: April 05, 2014, 08:44:22 pm »
I'm almost certain the 30k annual investment limit will be reviewed and lifted on an annual basis to encourage more to people jump in. As far as I remember they used to do it in the UK with the ISA wrappers. After all they've modeled this after the UK/Europe methodology. Yes Moonraker is right. It will take roughly 16.7 years to reach your 500K limit which is probably not worth it for most of us here. But, all profit in this account will be tax free. If the investment grows by an average of 18%(using the avg STXIND return since inception) with your 30k p/annum investment cap it will grow to a nice tax free amount of over 2.4mil.

66
Shares / SA Tax free savings account
« on: April 03, 2014, 08:31:43 am »
Govt have finally started the ball rolling, similar to the ISA accounts offered in the UK.
30k p/year investment limit
500k lifetime limit
All returns recevied within the account are tax free
Etfs, bonds, reits, cash only permitted
Max 2 accounts p/p
http://www.moneyweb.co.za/moneyweb-investment-insights/taxfree-savings-account-takes-shape

Official treasury doc
http://www.gov.za/documents/download.php?f=212040

67
Off topic / Re: Human Nature & Bull/Bear Phases
« on: March 18, 2014, 07:24:31 pm »
Im in dissapointed phase that I did not invest over the last 2 years, seeing I could've made some serious cash. :-[
Oh that phase doesnt exist.

I guess the time to invest is now all the way down the bear curve buying on the cheap. But has the Bear phase started yet, is the question. Gold is definitley not bearish right now though...

68
Off topic / Re: Anyone doing internet TV?
« on: March 18, 2014, 07:12:02 pm »
Forgot to add Orca, you could also use an Xbox 360. Some folks at the office use it for Netflix. Sure you could pick one up for a good price now seeing as the Xbox One is being released shortly in SA.

69
Off topic / Re: Anyone doing internet TV?
« on: March 18, 2014, 07:07:27 pm »
Got a link to this Android Dongle guys?

Where does the feed come from? Surely you need some type of subscription based service like Netflix/Hulu?

Are there any local co's providing a feed?

70
Off topic / Live chat
« on: March 17, 2014, 07:53:51 am »
@qriffin, whats driving the upswing of HAR?

71
Shares / Re: Retirement annuity advice
« on: February 25, 2014, 11:35:17 pm »
SIPP'S Theyre called.
http://en.wikipedia.org/wiki/Self-invested_personal_pension

72
Shares / Re: Retirement annuity advice
« on: February 25, 2014, 11:16:31 pm »
Ja nee, RA's, annuities, endowements. All created for sucking money out of the masses and turning us all into sheep. Making us think its the only way to do it. Granted, for the majority of the masses its a way to force us to save for our retirements somewhat as most wouldnt if they werent available even though most still dont, but continue to blow their hard earned on crap nonetheless, and blame the world, government and society for their own short comings rather than taking responsibilty and trying to learn about other methods.

I know in the UK, they have retirement wrappers, which enables the more savvy ones to self invest in instruments to manage and grow the portfolio for retirement oneself, but are heavily penalised tax wise if with drawing prior to retirement.

Would be great if we in SA had a vehicle to do that for the less disciplined yet still want to have control over managing it themself and avoiding the fees we get charged here on these products.

Having said this, does anyone know of a method to convince your employer that you dont want to contribute to the pension or provident fund?


73
Shares / Building a portfolio from scratch
« on: February 17, 2014, 09:03:26 pm »
Came across this webinar today, quite nice learning for beginners.

http://www.justonelap.com/webinarDetail.asp?intWebinarID=167

I like Simon's point about hacking the admin fee charged by Satrix every 6 months-at around 20min into the presentation. >:D

74
Shares / Re: Stock trading and investment buying strategies.
« on: February 06, 2014, 08:44:37 pm »
Orca, thank you for this thread. It is helping me learn. I have no strategy to share other than that of the up and down trend system explained by Simon Brown from JustOneLap on his lazy trading system he uses trading indexes. The system uses 3 MA lines, a 15,30 and 60 day. He mentions it works best on not very volatile funds, stocks, and doesn't do well in choppy markets. However I'm testing it to identify triggers on stocks too to check whether they are in up or down trends.

Simons lazy trading system http://www.justonelap.com/webinarDetail.asp?intWebinarID=108
Simons Updated lazy trading system http://www.justonelap.com/webinarDetail.asp?intWebinarID=158

75
Off topic / Live chat
« on: February 04, 2014, 07:52:32 am »
yes

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