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@jaDEB, the indi is 22% SAB, 20% Naspers.
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Shares / Re: Steinhoff
« on: December 07, 2015, 02:10:40 pm »Real time snapshot gif ..
Off topic, but that's so cool! How did you do that?
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Shares / Re: CoreShares Dividend Aristocrats ETF/S&P SA Dividends Aristocrat
« on: December 07, 2015, 07:50:58 am »Anyone else nervous about this etf?I think the filter will take care of those companies going down hill. If they cut their dividend they'll be out at the next rebalance. It'll probably cost less in taxes having the ETF drop stocks than if you held them in your personal capacity.
I'm still holding, regrettably, but more out of hope.
Including the dismal resource shares (don't bank on divs from these) - roughly half these companies are very much dependent on SA Inc, which in my considered view is fast going down the cr@pper
How SA inc fares is more of a question to me, as the big drop on friday wasn't a mirror of anything happening internationally, it was all down to us and our ratings. As you would have seen though, no sector was safe, so probably the best thing to do in that case is to diversify across markets.
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Hi joeman, I have auto feeds for most companies, but sadly not for the ETFs. They can be entered manually and will be backdated and paid. Anyone who would like to help can do that here, all you need is the amount and LDT date: http://shareforum.co.za/shares/ldt/
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Shares / Re: Wait. ETF sales are ALWAYS taxed as CGT?
« on: December 03, 2015, 10:17:52 am »I'm confused, as at the end he says "This final, taxable amount, is what is added to your taxable income and taxed at your current rate.".Are you confusing capital gains with dividends tax? Dividends are taxed at 15%
I thought CGT is 15%, so why is he mentioning current tax rate??
The first R30 000 capital gain is completely tax free. After that, one third of the amount is considered to be income. So if you make a capital gain of R300k, you subtract R30k to get R270k, then divide by three to get R90k. That R90k is added to your annual income, and taxed according to the tax tables for your total income. If you had no other income (dividends don't count), then you'll only pay tax as if you earned R90k that year, which works out to R2943 in annual taxes. That means that by living on R300k capital gains per year, you get to keep R297k. Not a bad deal.
Now on to the original topic, it's the first I've heard. If true I'll be happy and sad. Sad because this year I planned to use a trading loss on an ETF to cancel out three times as much capital gains on a unit trust. But going forward, it'll be favourable for me. Has anyone recent sold an ETF for a profit that was held for less than 3 years? How did your tax look for the year?
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Shares / Re: Cherrypicking & Tapouts
« on: December 02, 2015, 11:33:47 am »
That's really interesting Moonraker, do you have a link where I can read more?
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The Investor Challenge / Re: Blog post: Only idiots still own unit trusts
« on: December 01, 2015, 02:45:01 pm »OMW that graphic is my kinda graphic.You had a typo, I fixed it for you
Good post.
