2221
The Investor Challenge / Re: investor challenge
« on: June 08, 2013, 05:39:48 pm »
Patrick. If most people have equities, would it not be great to have an index in the "Groups" to beat? I vote the INDI.
Show Posts
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
2222
The Investor Challenge / Re: investor challenge
« on: June 08, 2013, 05:26:59 pm »
Same here. 100% into STXIND and just go with the flow. No more worries. By the way, does the STX performance include divies reinvested?
Just been researching the INDI. A long term smooth chart with ave returns of 35 to 40% pa. I was pleasantly surprised that the chart is so smooth with hardly any volatility. I cannot post a chart now but the Stochastic and RSI shows a BUY NOW. Both are at bottom and now up trending.
Just been researching the INDI. A long term smooth chart with ave returns of 35 to 40% pa. I was pleasantly surprised that the chart is so smooth with hardly any volatility. I cannot post a chart now but the Stochastic and RSI shows a BUY NOW. Both are at bottom and now up trending.
2223
Shares / Re: New compound interest calculator
« on: June 07, 2013, 06:16:16 pm »
Only just found this thread. Great calculator. Thanks Patrick. I can now plan my move more correctly if no Double Dips and Triple Dips etc ahead.
2224
Shares / Re: Pulverized Sand Box
« on: June 06, 2013, 07:20:13 pm »
Just checked. 
Beat my 2 benchmarks. Patrick and STXIND. 
Geez. I thought I would be major down with the 5% retractment from CML. So jaDEB, Patrick can get into your box and I will only put one foot in it. Just don't fart in it Patrick. jaDEB don't like it.
Beat my 2 benchmarks. Patrick and STXIND. Geez. I thought I would be major down with the 5% retractment from CML. So jaDEB, Patrick can get into your box and I will only put one foot in it. Just don't fart in it Patrick. jaDEB don't like it.
2225
Shares / Re: Pulverized Sand Box
« on: June 06, 2013, 07:03:40 pm »
Mind if I get back in with my CML shares? Promise I won't fart in it again. Do you have place for Patrick?
Been too scared to look at the Leader Board all day today.
Been too scared to look at the Leader Board all day today.
2226
The Investor Challenge / Re: investor challenge
« on: June 05, 2013, 01:41:19 pm »MTA has woken up from her slumber so watch out Patrick. Here I come.I've been overtaken
Oh dear. Down goes my CML.
Now if I can stay above.
2227
Shares / Re: Pulverized Sand Box
« on: June 04, 2013, 07:44:59 pm »
Must get out this sandbox now. Uumf, fart, ahh. Out. Now to get going and make money.
2228
The Investor Challenge / Re: investor challenge
« on: June 03, 2013, 08:56:07 pm »
I appeal. CML should be my trademark stock. I have hyped it since 2010 when I posted my "Retiring" thread and every Tom Dick and Harry dissed me as it was an unknown stock. Now every Tom's Dick has it in their portfolio. This is my stock and have copy write on it. 
2229
Shares / Re: Pulverized Sand Box
« on: June 03, 2013, 08:14:14 pm »Orca, I am sure CML will recover. Me thinks it will end 2% down only today. The value of the Divvie.Close bud. If you add the divi from next week, it would hardly have budged.
Patrick, you will let us know when we can blow our R100k in the competition.
2230
Shares / Re: Pulverized Sand Box
« on: June 03, 2013, 11:25:33 am »
Looks like I'll have to sit in this box with jaDEB for awhile.
2231
Shares / Re: Pulverized Sand Box
« on: May 31, 2013, 08:11:50 pm »
jaDEB. There are now 4 guys beating you.
2232
The Investor Challenge / Re: investor challenge
« on: May 30, 2013, 06:12:36 pm »What a run. Tired now. Only Patrick in front of me. He is my benchmark to beat. I hate loosing.
Finally some competition! Saturday is payday, are you buying more of the same or are you going to venture out of the tri-partite alliance
Same again. I know these stocks too well to diversify.
2233
Shares / Re: Long term investments
« on: May 30, 2013, 03:51:03 pm »
ZAR hitting my PNC big today. MTA got by Garth Mackenzie on Summit TV. CML volatile before LDT.
by Garth Mackenzie on Summit TV. CML volatile before LDT.
2234
The Investor Challenge / Re: investor challenge
« on: May 29, 2013, 06:19:50 pm »
What a run. Tired now. Only Patrick in front of me. He is my benchmark to beat. I hate loosing.
2235
Shares / Re: Can you be both a trader and an investor (tax wise)
« on: May 29, 2013, 06:05:15 pm »
Very simple. You buy 2 houses. One you live in and the other is a fix me up. You fix. You sell for profit. Buy another fix me up and do the same. Sell for profit. This 2'nd house becomes a business as you derive income yearly from it.
Tax year end comes and you must add ALL profit made from the trading house to your income. The primary home has increased in value but you have not sold it yet so no tax.
After +- 3 years you sell your primary home at a profit. Now you pay CGT on the profit at 33.3% after deducting R30k exclusion. This amount you add to your income.
Works the same with investing and trading. KEEP YOUR 2 ACCOUNTS SEPARATE. Makes it easier.
I must add that with primary residence, the first R2M is not taxable. Not so with investments.
Am I correct?
Tax year end comes and you must add ALL profit made from the trading house to your income. The primary home has increased in value but you have not sold it yet so no tax.
After +- 3 years you sell your primary home at a profit. Now you pay CGT on the profit at 33.3% after deducting R30k exclusion. This amount you add to your income.
Works the same with investing and trading. KEEP YOUR 2 ACCOUNTS SEPARATE. Makes it easier.
I must add that with primary residence, the first R2M is not taxable. Not so with investments.
Am I correct?