6721
DBX tracker Japan why
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But for me, what I like about the dividend way is that there is no thinking involved - I collect all the dividends for a year, and that's all the money I have for the following year. Easy. Never going to run out and as I am only 40, this could go on for a while. At the worst I might have to cut back spending or even find a part time job - but should be ok. But certainly do not have to worry if my capital will last - which would be a big worry for me. Also never have to worry about when/what shares to sell because guaranteed I will sell at the wrong time..It's true, I've read and understand so much about the 4% rule, but I'm always drawn to the dividend way of living. If I stopped work now and cashed in my holdings and bought something like the Dividend aristocrats, I'd cover all my living costs on their divi alone.
I know it is a TFSA thing but you can still trade your ETF's without gearing. Selling your ETF within the 36 month holding period is after all considered by SARS to be "trading".I am not sure if I understand you correctly - you can't trade any instruments within the TFSA there is a defined amount (R30,000) that you can make to the TFSA per annum but you can make more than 1 deposit within the calendar year - monthly payments are acceptable. However once you sell all or part of the R 30,000 in a calendar year you can't top it up in the same calendar year. So trading is not an option with the TFSA, what you are permitted to do is to exit one of the investments and re - enter into another agreed investment with the suite of instruments within the TFSA - I think there were 32 instruments. That's my understanding and the question of CGT is somewhat unclear to me
Simon Brown from "One Last Lap" is trading his ETF's in a TFSA.
Anybody else kicking themselves for not dribbling in the money instead of just whacking the R30K in? Down R1800 - instead of being able to buy more for less.
Ah well, there's always next year....