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Shares / Re: Today's Outlook
« on: October 10, 2014, 10:08:35 am »
Is your umbrella big enough for us all? 
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7263
The Investor Challenge / Blog post: Wouldn’t it be great if the markets crashed and gave us free cheese…
« on: October 03, 2014, 08:47:09 am »7264
Off topic / Re: Live chat
« on: October 02, 2014, 08:30:04 am »Hi Patrick - when will you be addressing this matter - looking at my personal portfolio they allocated my NPL and debited me 26/09/2014 for the shares as I exercised my option to take up the shares. In this "game" I too wish to take up my letters - my investor challenge account can be debited - Thanks
Hi Graham, just to make sure I understood the sens. It's 22 new shares for every 100 held on the 12 September, at a cost of R59.50 per share. Correct?
http://woolies.hosted.inet.co.za/news/story/26aa1abf-35d6-440c-b92f-411b4e8a1e9e
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Shares / Re: Commodities
« on: October 01, 2014, 11:55:01 am »
I think Orca said a while back that commodities were for trading, not investing. I'm so glad I listened!
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Shares / Re: Today's Outlook
« on: September 30, 2014, 07:40:25 pm »
Welcome back, I felt very disconnected from the markets for the last few days!
7267
The Investor Challenge / Re: Leaderboard Position
« on: September 29, 2014, 11:38:30 pm »
You'll just have to explain how the deal was done and I'll write a script to implement it.
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The Investor Challenge / Re: Leaderboard Position
« on: September 29, 2014, 12:55:26 pm »
There are two certainties in life. Death and taxes. As you're still alive, we've had to charge you tax. To simulate real life, 30% of your profits go to the man...
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Off topic / Re: FNB Share Investor Query
« on: September 22, 2014, 05:42:47 pm »
I'm using ABSA, R800 a year and 0.4% but if you trade 5 times it's waived. Minimum charge of R120, so trades should be R30k each. I'm very closely watching this: https://www.easyequities.co.za/
No monthly fee, no minimum fee and only 0.25%. If they're any good I'll switch when they open.
No monthly fee, no minimum fee and only 0.25%. If they're any good I'll switch when they open.
7275
Off topic / Re: Live chat
« on: September 22, 2014, 05:40:31 pm »
Jack Ma is now the richest man in China. I quite like this piece on him:
http://www.mercurynews.com/business/ci_26568972/biz-break-alibaba-apple-ellison-play-who-wants
Quote
Ma, now China's richest man, said he takes inspiration from Forrest Gump. And based on a 2010 interview with Charlie Rose, Ma's view on wealth is indeed Gump-like. "If you have a couple of million, you're a rich guy," Ma said. "We have $10 million to $20 million, it's capital. Over $100 million, that's social resources. That's society giving it to you saying: 'you guys run it.' So it's not my money. I don't think I can spend it. I can only sleep in one bed. I can only eat three dinners. That's all. What is money for?"
http://www.mercurynews.com/business/ci_26568972/biz-break-alibaba-apple-ellison-play-who-wants