7021
Yeah I wish there was a cheaper option too. DBX is far too expensive for my taste.
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Being new to ETF's, I was wondering how this one tracks it's underlying index if no trades are done for the day.
Does management buy and sell at market close to correct the mismatch?
Ag dammit, there goes my week end. Please give a better description of the wood? is it like paperwood in a roll?The wood is from some edging you buy to seal off the edges of projects you're working on. They usually come pre-glued, but I found two types at timber city without glue. Fairly thin, but you have to boil or steam ir to get it to roll into a ring shape. I'll go with GCRs assumption that it's meranti, it cost me R4 a meter!
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One thing I should add when planning your portfolio is using your R30K p/y CGT free allowance. and of course your TFSA. So, as it stands now to minimize what you give to the government:Fantastic post, I might do a blog post on this at some point if you don't mind.
REITS: R1.2mill at 6% yield gives R72K - tax free income
Sell R30K of high growth, non dividend paying, stock per year - around R300K's worth.
Then 16 years of decent dividend paying stocks at R2.5K per month compounded at 15% per year gives around R2mill tax free lets say 3.5% dividend yield = R70k per year
So gives you a yearly salary of R172K tax free income. Of course they'll just nail you when you open your wallet
So, my idea is:
REITS and high growth stock in a normal trading account.
Using the TFSA for good dividend paying ETF's
lastly, if you need more - maybe high growth stocks (CGT) might be best from a tax point of view - 1/3 18% - so 6% for quite a bit vs 15% on dividends. Of course, this is just from tax point of view, IMO there are other reasons why I like dividend stock - but there is definitely some room (and good reasons) in my portfolio for some NPN/ APN and others.
On the whole - the dates do stay the same. But just remember there is a declared date, last date to trade and pay date. There can be up to 2 month between the first and last.
So similar to my own story. Now I'm buying REITs as well. Very cool. Looking at what the real performance will be like in 10 years time. I hope to tell the taleI've gone from 100% property (my house and two rental apartments) to 100% equity over the last few years.
In my case equities have far exceeded property. I have invested in unit trusts before, but I don't like the fees, so now I do an even split between the Satrix Indi and the eRafi indi in my regular portfolio and my tax free portfolio.
Don't think I could make more through CFDs, I would quite likely lose cash and gain stress.