361
Off topic / Re: Live chat
« on: January 17, 2017, 02:20:34 pm »
ZAR keeps bouncing off resistance but if Zuma stays comatose we may well see sub 13 soon and will test the 12 area into 2018.
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362
Off topic / Re: Live chat
« on: January 16, 2017, 01:01:04 pm »braitBrait has been in a bear run with no indication of a reversal and with their exposure to the sterling she may continue for a long time. Never buy stocks that are in a bear mode until a reversal is confirmed.
363
Off topic / Re: Live chat
« on: January 16, 2017, 10:30:33 am »Going big on ADI and Rolfes this year risky with 2 relatively small companies. Any thoughtsADI is one of my favorites. Holds huge amounts of cash for acquisitions that it makes on a regular basis. Great management that follows EOH's philosophy.
364
Shares / Re: Good time to take R out to $ ?
« on: January 13, 2017, 10:32:03 pm »
ZAR at 13.5 and cannot break below it despite attempts to do so by mere blips. Some months back I said it would get to 13.5 and not go lower as it has reached its resistance. This happened and if Zuma keeps falling asleep at Parliament sittings or sleep ins at parliament the ZAR will be safe to go to 13.4 or if Zuma keeps sleeping
It may well get to 13. 2 or lower.
Now is the time to chuck your money at the TRUMPED UP DOLLAR but it might not be a good move. Time will tell. I just don't know.
It may well get to 13. 2 or lower.
Now is the time to chuck your money at the TRUMPED UP DOLLAR but it might not be a good move. Time will tell. I just don't know.
365
Off topic / Re: Live chat
« on: January 13, 2017, 12:42:13 pm »
Was that at a "New Age Breakfast"?
366
Shares / Re: My retirement blog.
« on: January 12, 2017, 06:51:35 pm »
I had to drastically change my portfolio since 2013. MTA started tanking due to the Syrian war. A PNC director had bribery charges against him and she too tanked. OMN just went out of favour.
Here is a 1 yr chart of what I had for 2016 and still have today. Note that it does not include divies so I added 3%. DIVTRX is 75% of my portfolio and my best performer after the exchange rate of course.
Here is a 1 yr chart of what I had for 2016 and still have today. Note that it does not include divies so I added 3%. DIVTRX is 75% of my portfolio and my best performer after the exchange rate of course.
367
Shares / Re: My retirement blog.
« on: January 12, 2017, 02:34:44 pm »
So the Euro has depreciated by 22,7% against the ZAR over the past year. 
This coupled with my portfolio that grew by 19% had me do some sums today.
At last count we were spending R10 500 pm on living expenses. This has now dropped to ~ R8 000 pm and we are not trying to cut expenses at all. However, this does not include medical of €1 330.00 py that we pay yearly in advance.
To break it down:
Rent R5 420.00
Unlimited internet R420.00
Food and stuff R1 100.00
Utilities R 430.00
Entertainment R 700.00
Not bad considering we were spending more than double that in SA nearly 3 years ago.
This coupled with my portfolio that grew by 19% had me do some sums today. At last count we were spending R10 500 pm on living expenses. This has now dropped to ~ R8 000 pm and we are not trying to cut expenses at all. However, this does not include medical of €1 330.00 py that we pay yearly in advance.
To break it down:
Rent R5 420.00
Unlimited internet R420.00
Food and stuff R1 100.00
Utilities R 430.00
Entertainment R 700.00
Not bad considering we were spending more than double that in SA nearly 3 years ago.
368
Off topic / Re: Live chat
« on: January 10, 2017, 10:38:36 am »
Last week SA was Bloomberg's 2'nd best choice for investment growth for 2017 and now this;
https://businesstech.co.za/news/finance/149353/rand-named-one-of-top-currencies-to-invest-in-2017/
https://businesstech.co.za/news/finance/149353/rand-named-one-of-top-currencies-to-invest-in-2017/
369
Shares / Re: My retirement blog.
« on: January 10, 2017, 10:32:30 am »
You would need an EU bio residence card. In other words, you will have to be a resident of an EU country and your spouse must hold an EU country passport.
In your case @P, you will always need a visa as long as you are a SA resident. The only advantage you have as a spouse of an EU member state is that the visa must be for free, you get placed at the top of the queue and the visa must be expedited. Cost of a UK visa is well over £1000 if I remember correctly.
If one day you wish to emigrate to the UK (no Brexit yet) the easiest way would be to move to Ireland for 3 months and apply for an Irish residency card. No visa is required for Ireland. Once you have the RC, you are free to travel throughout the EU as long as your EU spouse is accompanying you or you are traveling to meet her.
My wife has an appointment with a neurologist this Friday for nerve tests of the arms and legs. She seems a bit better as she no longer gets dizzy and has no need to cling onto me or the walls when walking. Perhaps the antibiotics she was given for her stomach cleared her ears out as well.
In your case @P, you will always need a visa as long as you are a SA resident. The only advantage you have as a spouse of an EU member state is that the visa must be for free, you get placed at the top of the queue and the visa must be expedited. Cost of a UK visa is well over £1000 if I remember correctly.
If one day you wish to emigrate to the UK (no Brexit yet) the easiest way would be to move to Ireland for 3 months and apply for an Irish residency card. No visa is required for Ireland. Once you have the RC, you are free to travel throughout the EU as long as your EU spouse is accompanying you or you are traveling to meet her.
My wife has an appointment with a neurologist this Friday for nerve tests of the arms and legs. She seems a bit better as she no longer gets dizzy and has no need to cling onto me or the walls when walking. Perhaps the antibiotics she was given for her stomach cleared her ears out as well.
370
Shares / Re: My retirement blog.
« on: January 09, 2017, 08:26:18 pm »
Well, we managed to get to the UK and back over the holidays despite me having concerns about my wife's ability to get into the bus to get to the airport and then getting into the plane.
The ever so friendly airport staff put her into a wheelchair and wheelied her to the assistance section from where we were the first to enter the plane via a special lift. So cool.
We arrived in the UK after a 2 hour flight and had to wait for all to disembark via the stairs before we were taken down with the lift.
The ever so unfriendly UK customs staff as always snubbed my wife off for not having a visa but we were expecting this. They called their supervisor who told us that the UK was not a member of the Schengen free movement agreement so my wife would need a visa.
When I told her that we are not using the Schengen system but the EU regulation on free movement of a spouse of a EEU member state citizen (me) and my wife has a bio metric Portuguese Residency card, she quickly signed her entry card and shuffled off without a word.
The word got out here that customs and immigration has been briefed to make it as difficult as possible for anyone to enter the UK. So I was expecting it. What is so funny is that when we departed, we were hassled to a degree that I thought they wanted to deport my wife back to Portugal although we were on our way there.
I have more to say but this is getting longer than an attention span can take.
The ever so friendly airport staff put her into a wheelchair and wheelied her to the assistance section from where we were the first to enter the plane via a special lift. So cool.
We arrived in the UK after a 2 hour flight and had to wait for all to disembark via the stairs before we were taken down with the lift.
The ever so unfriendly UK customs staff as always snubbed my wife off for not having a visa but we were expecting this. They called their supervisor who told us that the UK was not a member of the Schengen free movement agreement so my wife would need a visa.
When I told her that we are not using the Schengen system but the EU regulation on free movement of a spouse of a EEU member state citizen (me) and my wife has a bio metric Portuguese Residency card, she quickly signed her entry card and shuffled off without a word.
The word got out here that customs and immigration has been briefed to make it as difficult as possible for anyone to enter the UK. So I was expecting it. What is so funny is that when we departed, we were hassled to a degree that I thought they wanted to deport my wife back to Portugal although we were on our way there.
I have more to say but this is getting longer than an attention span can take.
371
373
Off topic / Re: Live chat
« on: December 19, 2016, 05:27:02 pm »
Ta Moon. Sharedata is good but I prefer Reuters as I used it for years but lost the link to the charts and now can't find it. Could you please post a link here and I will bookmark it.
374
Off topic / Re: Live chat
« on: December 19, 2016, 03:08:56 pm »
Seems Reuters have removed their free charting. Anyone know where I can get charts? I like jaDEB's charts but don't know where he gets them.
375
Off topic / Re: Live chat
« on: December 19, 2016, 12:05:07 pm »
You are correct. I'm bad at remembering more that 1 date at a time. He did sell on ex divie day and not on the LDT day. Sorry Lamak.