1231
Expect CGT to rise to 50% with the Budget Speach 25 Feb.
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1232
Shares / Re: My retirement blog.
« on: January 26, 2015, 01:12:32 am »
This was very cool. Tingling flashing lights from all the trees.
1233
Shares / Re: My retirement blog.
« on: January 26, 2015, 01:05:02 am »
Here is another pic. Temperature that night on xmas was 10°c
1234
Shares / Re: My retirement blog.
« on: January 26, 2015, 01:00:37 am »
This was on xmas day in the city center. So cool as xmas songs were played throughout the city.
1235
Shares / Re: My retirement blog.
« on: January 26, 2015, 12:23:07 am »
Here is my new home town. I was surprised that there were braai areas with grids and all up there. The pine forest has plenty pine cones for fire so we will go for a braai sometime soon. There is a venicular train to take you to the top. Went for a walk in the forest but saw a wild boar and made a quick exit.
1236
Shares / Re: Today's Outlook
« on: January 23, 2015, 02:41:16 pm »
oilprice.net
In an analysis published in 2009, Therramus pointed out that Black Monday fell into a broader pattern in which nearly every stock market crash and recession of the preceding 50 years had occurred shortly after a large and abrupt change in the price of oil. In the case of the 1987 Dow crash, it was foreshadowed by a tumble in oil price that ensued in the wake of disputes within OPEC - which had come to a head in the previous year.
In an analysis published in 2009, Therramus pointed out that Black Monday fell into a broader pattern in which nearly every stock market crash and recession of the preceding 50 years had occurred shortly after a large and abrupt change in the price of oil. In the case of the 1987 Dow crash, it was foreshadowed by a tumble in oil price that ensued in the wake of disputes within OPEC - which had come to a head in the previous year.
1237
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 07:12:33 pm »
Actually Patrick is quite correct about the tax. Non residents only pay CGT on property stocks if it holds more than 80% stake in fixed property. So you are good.
1238
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 06:39:07 pm »
To add to this. If you are a resident of the Netherlands for tax purposes, you can get an international certificate of residence from your tax authority and send it to SARS. That will enable you to be exempt from tax in SA.
1239
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 06:30:14 pm »
Not the most scenic but Portugal has the best climate.
If you sell now you would be liable for Capital Gains Tax at 33.3% of your gain. Deduct R30k as an exclusion before hand.
On the otherhand, if you are not taxed in SA being under the threshold, you would have to add the CGT to your Netherland taxable income as most countries tax you on worldwide income.
Whatever tax you might pay to SARS, you will get credit for in the Netherlands.
If you sell now you would be liable for Capital Gains Tax at 33.3% of your gain. Deduct R30k as an exclusion before hand.
On the otherhand, if you are not taxed in SA being under the threshold, you would have to add the CGT to your Netherland taxable income as most countries tax you on worldwide income.
Whatever tax you might pay to SARS, you will get credit for in the Netherlands.
1240
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 05:20:56 pm »
Here is a link to play around with. http://www.equinox.co.za/unittrusts/funds/fundresults.asp?func=perf
Click on "Performance" and chose "5 Years" as you would want stability.
Take note that Coronation Industrial Fund was 20% this year but averaged 40% pa the past 5 years.
Also note the "Risk Clock" top LHS for every UT. Yours is moderate to high. Not bad.
Not sure about your situation. Are you emigrated from SA or never been a citizen?
In my case, I emigrated so pay no Capital Gains Tax to SARS if I sell now.
Click on "Performance" and chose "5 Years" as you would want stability.
Take note that Coronation Industrial Fund was 20% this year but averaged 40% pa the past 5 years.
Also note the "Risk Clock" top LHS for every UT. Yours is moderate to high. Not bad.
Not sure about your situation. Are you emigrated from SA or never been a citizen?
In my case, I emigrated so pay no Capital Gains Tax to SARS if I sell now.
1241
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 04:42:22 pm »
Are you directly with Allan Grey or via PSG, Orbit etc? If directly, you are paying 1,5% management fees pa for a small account and 1.0% for a large account. With PSG you pay less for the exact same "AG Balanced Fund A" ie 0.9% pa. this makes quite a difference if your gains are low and invest long term.
Your fund has made 7.6% the past year and this excludes your management fees. This is not bad as the ALSI has done 5.5% over the same period.
Here is a chart of your UT. Looks very similar to the ALSI and the Top40 charts. Your UT is a high equity fund and a similar one with Coronation Industrial Fund consistently does 20% pa and the chart for this same period did not flatten out like this chart.
If you are not directly with AG, you can easily transfer to any other fund.
Your fund has made 7.6% the past year and this excludes your management fees. This is not bad as the ALSI has done 5.5% over the same period.
Here is a chart of your UT. Looks very similar to the ALSI and the Top40 charts. Your UT is a high equity fund and a similar one with Coronation Industrial Fund consistently does 20% pa and the chart for this same period did not flatten out like this chart.
If you are not directly with AG, you can easily transfer to any other fund.
1243
Off topic / Re: Live chat
« on: January 21, 2015, 07:58:27 pm »
Massive buying on CML brought her back from the cliff. Two trades at R107.14 totalling R61M at close. 