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I hate capco thanks to brexit it will take me years to recover what was a good gain
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Off topic / Re: Wanted - a detailed Retirement Calculator
« on: March 05, 2017, 04:31:46 pm »There are many retirement calculators on the net but they all seem to be at a very high level asking the same standard few questions. I am in my early 50's and looking at retiring at 55. I met with a finance guy who typed in all my investments etc and showed me the results the program spat out. This is okay but I don't have access to his 'fancy' program and would like to in my own time manipulate values and scenarios.
I am looking for a DETAILED retirement program/system/tool where I can enter all my values for local shares, offshore funds, RA's, assets, monthly contributions, when I want stop contributing, inflation, expected funds growth, expenses, planned holidays, buying a car in retirement ...etc etc etc.
Anything like that out there?
Perhaps not completely what you are looking for, however Sygnia has a robo advisor which I feel is pretty advance for calculators in this class.
Alternative is to use the infamous rule of 72 and build yourself a spreadsheet of note.
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Shares / Re: TFSA Portfolio Allocation
« on: March 04, 2017, 02:41:31 pm »
NFEMOM come on! I am red again.
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Shares / Re: The Rand
« on: February 28, 2017, 04:33:55 pm »That I understand, but I feel that is a flawed economy, because... Correct me if I am wrong, but does this not basically mean we export our raw materials for next to nothing and then we buy back the expensive refined and processed products?! Thus we will never make money as exporting to buy back the end product will always be more expensive.
Should government not start creating companies that can use our raw resources to manufacture products we can sell to other countries instead of other countries buying our raw resources for bottom price and then they manufacture products and we end up paying 10 times more to buy those products which we could've manufacture our self?
Not all exports are resources/commodities. I work in the service sector and we export intellectual property for vast sums of money. The service sector is by far the largest sector in SA and I suspect a lot of trade is in IP.
We need that genius here! Dammit.
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The Investor Challenge / Re: Pravin Gordhan’s JSE investment portfolio
« on: February 28, 2017, 10:02:14 am »
Other ANC Cadres must be having such a laugh comparing to their net worth...
234
Shares / Re: What happened to all the 20, 25 & 30%+ stocks?
« on: February 28, 2017, 09:51:16 am »KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.Stick with your STXIND and DBXWD both are long term investments - the old adage time in the market, not timing the market needs to be heeded - on my INDI I am still up 45% - and simply if this economy is to improve then the INDI will be the first to improve. The DBXWD is your backstop - if Zuma and his corrupt cadres bullet Gordhan then the Rand will see its ar%$ and you will be thankful for being in this DBX - I too am taking some pain on DBXWD but only .6% at present so can sit out the volatility
DbxJP fcked.
dbxwd fcked.
STXIND fcked.
So play the long game
But my emotions are fcking with me, the devil is telling me sell it all thor, sell it it!
The devil is telling me to make peace with this corrupt country and buy some NEWFSA and become part of the problem.
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Shares / Re: What happened to all the 20, 25 & 30%+ stocks?
« on: February 27, 2017, 08:11:47 pm »
KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.
DbxJP fcked.
dbxwd fcked.
STXIND fcked.
DbxJP fcked.
dbxwd fcked.
STXIND fcked.
237
Shares / Re: Steinhoff
« on: February 25, 2017, 11:17:01 am »I suspect Shoprite will continue to grow and produce spectacular results. There's an upside to this. Maybe they can buy or merge with one of the other supermarkets.
I love shoprite, been a happy shareholder since day 1, only regret is that I wish I owned them sooner.
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The Investor Challenge / Re: Blog post: What is the average South African’s biggest expense?
« on: February 23, 2017, 09:39:12 pm »Tax is not a bi - product of success - it is the direct result of a spendthrift and greedy government and its connected cadres. If their was accountability for tax receipt spend I would not mind paying the level of taxes that I do, but without it I am disappointed every time they increment taxes. The poor are certainly not the beneficiaries of tax receiptsTax
Tax is a by product of success. I have no issue paying it. I like roads, I like security, I like water and hospitals etc.
