Share Forum - Discuss JSE shares and join the Investor Challenge

Waiting for confirmation that CML will respond to the BB and specifically to the middle 20 SMA.

Yes. The scenery in the UK is very similar to the best of Europe. The cost of housing is another story altogether. Let me explain.

I have attached a pic of the type of housing I am referring to. They are not council houses but in a category just above them. Developers normally build new builds here and put them on the market for sale. The state or council will buy some cheaper houses and offer them to families on benefits at low rentals. They in turn can buy them from the council. They can be recognised by the unkempt gardens and car wrecks in the yards. We have them here too and the houses look good but the yards are filthy.

This is a rental home of 3 bedrooms.
Rental £ 750.00 pm 
Utilities £ 150.00 pm
Council Tax £ 195.00 pm
Total £ 1 095.00

That is about R 20 000.00 pm if you earn Rands as I do. That is just above entry class homes.

This pic was taken a few minutes ago from our little garden.

The first R40k of the gain is tax free so deduct this from the total gains.

From the remainder you add 40% to your normal tax. This gets taxed at your nominal tax rate.

So the effective tax on the Capital Gains would roughly equal to 12 or 13% of the total Capital Gains if you are not in the top bracket. This may be higher somewhat if you earn above mid management wages.

@Stefan. I have never traded on a foreign stock exchange but can give you some pointers.
In SA you pay tax on your worldwide income so any trades made and concluded will be regarded as income. Many people think that if the money is still overseas after the trade is over and done then it is still gaining or losing value as Forex and no SA tax is due until the cash is available in SA. This is not true.

You don’t pay tax on currency movement while you are invested so you must do all the calculations in USD such as the purchase and sale plus the profit/loss. Only then do you convert the USD to ZAR at the spot price on the day the trade is concluded.
This amount must be recorded by you for efiling later. Note that all amounts in your broker account must remain in USD for all future trades. Only once the trade is concluded do you record the profit/loss in ZAR.

This is trading much like selling and buying cars so you will be a provisional tax payer and must adhere to the dates required for provisional tax returns.

The same applies to investors except they are not provisional tax payers.

My Reuters charting has disappeared. Anyone have free charting website? jaDEB, I know you have.

With the ALSI in an upturn since the start of the year at long last it may be time to readjust one's portfolio.

I have neglected doing research over the past 5 years and just let my stocks slide so I must do something to keep a roof over my head.

STXIND has revived after a long slumber. We all must recall that she was the best performing ETF for many, many years doing a consistent 30%+ pa. Seems she will or is determined to get her status back and doing fine as of late. My first stable pick.

CML my old favourite stock for years and without her I would never have been able to retire early has at long last also revived. For the past 2 months she has once again been obeying the Bollinger Bands and the 20 SMA as she did for many years.
The performance of the ALSI has aided in this and if it continues for another month then CML will once again be as predictable as she always was. At this stage she has pushed above the upper BB and needs to get back to the 20 SMA.

These are my 2 picks and will wait for some retractment before buying.

Here is an email I received from HO yesterday:

HOME OFFICE

1 April 2019

 
To over 3.5 million EU citizens who have made the UK their home: you are our friends, our neighbours and our colleagues, and our country is all the better for it.

Whilst our future relationship with the EU is uncertain and I understand the anxiety this may cause, I want you to know how much we want you to stay regardless of whether the UK leaves the EU with or without a deal.

EU Settlement Scheme fully open

The EU Settlement Scheme is now officially open. This means that the rights you and your family currently have, including access to employment, healthcare, benefits and pensions, are protected – so you can continue to live your lives as you do now. After a successful launch on Saturday, more than 50,000 applications were made over the weekend. This brings the total number of applications to over 280,000.

Applying to the EU Settlement Scheme is completely free, and the Home Office’s aim is to make it as simple and straightforward as possible. All you need to do is complete a three-step application with a laptop, tablet or mobile device to prove your identity, confirm you live in the UK and declare any criminal convictions.

Let me be clear, we are looking for reasons to grant people status and we want everyone to get the status they are eligible to receive.

Support for everyone

As Home Secretary, I’m determined that no-one is left behind. That is why up to £9m has been made available for supporting more vulnerable people, whether they are homeless, elderly, disabled or unaware of the Scheme so far, to make an application. For those without access to a computer, or lacking the skills or confidence to use one, there will be assistance available in Assisted Digital locations across the country.

The Scheme has already been thoroughly tested. Nearly four out of five of those who have applied did not need to provide any additional evidence or send in their documents for checking.

There are now multiple routes for providing an identity document. For example, you can use the ID Document Check app from the comfort of your own home, post your document to us, or visit one of the many locations where documents can be scanned and verified. We have 1,500 specially trained staff on hand to assess your application.

ID check app on Apple devices

I know many of you will have read that it is currently not possible to use the ID document check app to verify identity on Apple devices. I’ve had numerous conversations with Apple at the highest levels to ensure everyone can use the app. Together we’ve been working hard to find a solution that will allow the app to work on their devices. I’m pleased to confirm that Apple will be making the necessary changes and the app will be working on their mobile and tablet devices by the end of the year.

We’re committed to ensuring that people in every corner of the UK know what they need to do to secure their status. A £3.75m nationwide marketing campaign is encouraging people to apply now, and you may have already seen the adverts in your local area.

We have worked hard to ensure this Scheme provides EU citizens with the certainty they want, and we are confident that it will be a success.

Please do make sure your EU citizen friends and family know about the Scheme. To find out more go to GOV.UK.
 

Yours sincerely,

Rt Hon Sajid Javid

Another member ran out of ink.