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Messages - Orca

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766
Shares / Re: My retirement blog.
« on: January 12, 2016, 01:58:15 pm »
The thing is that I do not know the markets here and feel safer with what I do know. I have been trading/investing on the JSE for many years.
The Euro has lost value as well as all the markets here but not quite as badly as SA due to the Nenegate attenuation. Investors have short memories and this saga will soon be forgotten.
My rental contract expires in July and I do not intend to renew it as this apartment is too big for the 2 of us and a bit far from the city center.
Our rent here is €375 pm fully furnished but this is an upmarket complex and we would prefer a smaller normal apartment in a more vibrant area like the old city center. Fully furnished 2 bed apartments go for €100 less.
We live quite comfortably on under R10k pm since finding where all the farmers markets are. This means selling shares every 3 months.
After about a year, I was still up by +-R400k but now down by the same amount so will have to make adjustments soon if the markets keep misbehaving. If need be, I can cut it down to R7k pm or less if I cut out my nightly tipple as well or move inland to much cheaper accommodation. But, I will regard that as punishment.

767
Shares / Re: My retirement blog.
« on: January 10, 2016, 08:04:25 pm »
Only once your entire property portfolio is worth €500K will they give you a Golden Visa. I must add that for that price, you can buy a villa fit for a king.
The Golden Visa programme launched by the Portuguese Government is a fast track for investors to obtain a fully valid residency permit in Portugal and free access to the vast majority of European countries (Schengen-area). It is now one of the most competitive and attractive investor residency programmes in the world.
Plus you would not pay any tax for 10 years and after 5 years you can apply for permanent residency and get citizenship.
http://www.a-p-g.net/mon/

768
Shares / Re: My retirement blog.
« on: January 09, 2016, 11:33:49 pm »
An update. Have to find a cheaper country to go to due to the demise of the ZAR and is really hurting me now.
Decided on Cyprus. Although I have tax exemption here in Portugal for 10 years, Cyprus has a tax threshold of €29 500.00.
I will never get near that so will never pay tax.
Rental properties there are on average €100 cheaper than here in Portugal. A sea view 2 bed apartment goes for under R5k and it is furnished and has air-conditioner and under floor heating. The plus factor is that they drive on the same side of the road as SA.
http://www.horizonpropertyshop.com/search-results/page/2/?status=long-term-rentals-paphos&location=any&type=any&bedrooms=2&min-price=any&max-price=any&ref_number

769
Shares / Re: ADAPT IT
« on: January 08, 2016, 11:42:31 am »
ADI can be very volatile in thin trading but one must remember that they operate in 24 countries world wide so the weakening of the ZAR does not hit them badly.

770
Shares / Re: My Beginner's Portfolio Blog(Experiment)
« on: January 08, 2016, 10:46:26 am »
@Fawkes85. You and I don't pay tax on gains but we do pay tax on dividends so it will be more sensible to go for capital growth. Unless of course, you are taxed in Aussieland.

771
Off topic / Live chat
« on: January 07, 2016, 11:14:08 pm »
China suspends circuit breaker. D-day Friday or another 2008?

772
Shares / Re: Picks for 2016
« on: January 06, 2016, 09:15:51 pm »
Zumaphobia has made a turmoil in the stock pics. The Tech sector that was to be the sector to be in is now out as perhaps banking and Financials.
Where to now? Must put my thinking cap back on and redo my portfolio.

773
Off topic / Live chat
« on: January 06, 2016, 09:08:18 pm »
ADI hit by the falling Nkandla currency.

774
Shares / Re: Dividend ETFs
« on: January 06, 2016, 02:50:32 pm »
STXIND's share price is 3x more than DIVTRX. For the dividends to be equal for both, then STXIND has to be 3x more cents per share (cps) and it is not as your figures show. STXIND is significantly lower.

775
Shares / Re: Today's Outlook
« on: January 05, 2016, 08:34:06 pm »
The FTSE 100 has steadied after yesterday's heavy falls, as an injection of liquidity by China's central bank helped to arrest a rout of the country's stock market.

The UK blue-chip index rose 11 points, or 0.2%, to 6,105 in relatively calm trading following yesterday's slump.

Global markets endured a torrid start to the year yesterday, sparked by a near 7% fall in China's Shanghai Composite index. A slump in Chinese factory activity and the imminent expiry of a ban on share sales by large investors prompted heavy selling, sparking stock market slumps around the world.

776
Shares / Re: Mr Div's CFD diary :: How to loose R25K in a few easy steps
« on: December 28, 2015, 06:22:23 pm »
gotcha - will move this diary off line.

</thread>
My apologies if I offended you but I really did not mean to. I was merely pointing out the fact that one must not have high expectations and it is early days yet so expect some losses as you go along.
I will delete my post if you wish and then you delete yours and carry on posting here as we all enjoy it.
Rethink your decision and I will bow out here until you restart this thread.

777
The Investor Challenge / Re: How is this possible?
« on: December 24, 2015, 08:58:44 pm »
He shows no holdings so perhaps he has them hidden for a few days.

778
Off topic / Live chat
« on: December 23, 2015, 05:35:13 pm »
My MTA is up 14% in 2 days. At last.

779
Shares / Re: Mr Div's CFD diary :: How to loose R25K in a few easy steps
« on: December 20, 2015, 08:52:46 pm »
This is not for a novice. You have to have strict discipline in place. A demo has no emotional aspects to it and would look good but real money is a totally different story.
You have to know charting and where to place your take profit and where to place your stop losses. Then stick to it. Then stick to it again. Never deviate from your plan even if the stock seems to have room to go higher. This was my downfall as I always thought it would go higher.
Good luck.
By the way, RES seems like a good punt if the market allows tomorrow.
 

780
Shares / Re: STXIND vs DIVTRX
« on: December 19, 2015, 07:55:17 pm »
Think carefully before you just pile into VWRD. It has had zero returns over a 2 year period. Actually it was negative in USD terms and the gains you get is merely the exchange rate of the USD/ZAR.

The selloff of the ZAR was overdone so there is little prospects of it continuing to do so over time or even the near future. It may even correct.

The normal decline of the ZAR may persist at 2,5% pa and if the VWRD carries on with it's spectacular gains of next to nothing then that is all you will get. A mere 2,5% pa.

If your actions are politically motivated, then go ahead.


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