Share Forum - Discuss JSE shares and join the Investor Challenge

I'm no expert, seriously not at all, but I was under the impression that most of the bad news is already priced in. That, and the fact that the capital gains tax will really hurt me are 2 reasons why I'm not doing anything right now.

As for a rand recovery, I still think we'll see a R1 or so improvement should Zuma be recalled. Could happen post election, especially if the ANC loses a city or two.

FYI, my holdings are about 40% STXIND, 55% DIVTRX and 5% VWRD.

27.5%, but I guess you were looking for the search bar. That's further down!

Welcome, it's fantastic that you started so young!

When you say you're using ABSAs stock platform, I hope you mean the ETF only account/TFSA, the regular account is too expensive. If it's the ETF only account, you also need to make sure you're not splitting up your funds too much every month. Ideally you'd buy R10k per ETF at a time, otherwise you're paying too much in fees.

For example, ff you're buying say R500 in 4 ETFs, you'll pay R80 in fees on R2000, which is 4% in fees. Far too high! If on the other hand you buy one ETF for R10 000 a month, you only pay 0.2%.

I have STXIND and DIVTRX in almost a 50% 50% locally, but in my international account I have 100% VWRD (similar to DBXWD but cheaper). That's what I do, but I can't recommend anything here, it's all up to you. If I could do it over again, knowing how useless the government has ended up being, I'd probably have moved all my money offshore as I earned it, and would have gone 100% into VWRD.

Sygnia has the best RA in the country. The one I recommend is the Sygnia Skeleton Balanced 70 Fund. I personally only like them for RAs as I like my other investments in 100% equity, and normal ETFs.

Like Orca, I also think unit trusts are a waste of time. Here's my reasons: http://investorchallenge.co.za/only-idiots-still-own-unit-trusts/

Property is a personal choice, and while I don't think I'll ever own another one, a lot of people like to. I think it's more a question about your lifestyle wants than an investment choice. Another link: http://investorchallenge.co.za/the-last-house-ill-ever-own/

And there we have the expected NPA appeal. Wonder how long it will take to see if the court will allow it or not... In the case of Oscar, it took about 3 months for him to be denied, which means nothing happens until after elections. I imagine if the ANC gets slaughtered in the elections, and is denied leave to appeal then we'll see some action from Luthuli house.

NTC 38.00 cents - LDT: 1 Jul 2016

SNV 5.50 cents - LDT: 17 Jun 2016

ISB 2.50 cents - LDT: 9 Jun 2016