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You will want to keep your stocks for at least 3 years for tax sake. So here is a 3y chart. You can either pick 60% or 120%. Whichever suits your pocket.
I just cannot see the other indexes beating the Indi. Even the method used to pick the Rafi stocks should make it the best performer but it is not.
If one can use the Rafi stock picking method on the Indi stocks, you will have superior stocks.

Interestingly, someone has tried, the ABSA eRafi Industrial 25:

The eRAFI™ Industrial 25 Index ETF is compiled using the innovative enhanced Research Affiliates Fundamental Index™ (eRAFI™) approach to portfolio construction pioneered by California-based Research Affiliates. The methodology weights shares based on fundamental valuation metrics - sales, cash flow, book price and dividends, as well as two additional filters (the quality of earnings screen and the financial distress risk screen) - rather than traditional market capitalisation.

Sounds good, but take a look at the chart. Seems the California-based Research Affiliates also got spanked by the market for trying to be clever 

I paid off 2 and 3/4 bonds before I started with equities. Then I realised how the tax man was going to screw me since the rental income would be taxed at 40% without any interest on the bond to deduct. After that and months of contemplation I sold the two rentals and moved everything to equities, but kept my house which had a settled bond.

You're right in saying that the rental income will be higher than the dividend yield (I assume that's what you mean when you say income) of most portfolios, but will it still be if you take tax into account? And will it still be in 6 years when the equities have grown by an average of 16.7% p/a pretty much tax free, while the property has only increased to match inflation, and all the rent has been taxed? Assuming the properties are valued at R2.5ish mil (I'm guessing to get to the R14.5k/m after rates, taxes, levy etc) they'll be worth about R3.5m in 6 years and bring in an income of R20k (which is exactly the same as R14.5k today). 

Now you said that you could invest R45p/m and that it would take you 3 years to pay off the properties, so I'll assume out of the R2.5m you owe +- R1.6m, that leaves you with R900k in opportunity cash.

Using that number, and selling to go all equity on the other hand would mean you could currently get a dividend of 3.5% (satrix divi which FYI has done 115% in the last 5 years) or R2.6k per month, but in 6 years that portfolio would be worth R8.3m (R900k at 16.7% p/a + R45kp/m) and the dividend value of R24k per month (and I know someone is going to say but what if the divi doesn't grow, but there's nothing stopping you from buying the indi for instance and switching to the divi later).

That's already above property, but also effectively tax free. On the property side you'd have to pay plenty in taxes, and let's not forget that being a landlord is a job, and there's always maintenance costs to consider too. Plus over time the equity portfolio is likely to keep stretching the gap over property if you can handle the markets ups and downs and will soon provide far more income than the rentals even excluding taxes.

I don't know your whole situation though, you may be close to retirement and might want the reliable income of a rental, and you may be paying far less tax in future if you no longer have a day job, so as always don't take any advice blindly, but get your napkin out and start doing some maths.

What I will say is that if it was me and all I was concerned about was having the biggest nest egg possible (and it was a little while ago), I'd skip the property in favour of equity. If you're attached to the rentals, keep them bonded for the tax breaks but pay off your primary residence bond so you aren't paying compound interest there anymore before climbing into shares.

I must also mention this con to selling property. It costs you a lot of money. Not just in the 5% agents fees, but also because there's considerable time between signing the offer to purchase, and transfer taking place which means your investment is effectively losing 6%p/a for the months taken to transfer.

But really well done in getting your finances into such good shape. Not many people in SA have their finances this sorted. Throwing 75% to 80% of your net into investments is amazing (it's my goal for next year too). If you read the table on http://www.investorchallenge.co.za/the-only-way-to-get-rich/ you'll see that at 80% even starting from a 0 base you're only 5.7 years away from being financially free.

Big thumbs up 

my  small bti div does not reflect, don,t let it happen with my sgl div due the 7th

If you stick the BTI dividend into the table it'll get paid. The system does backdate any payments that were missed.

Don’t forget about comet ISON, also known as ‘Comet of the Century’s get-together with Earth around 28 November.

Interesting, never knew we had one coming. Beware of Nike wearing cult loonies!

Oh and welcome back!

One of my sites apps went live unexpectedly at midnight on the blackberry store a few days ago, and downloads went from 20 a day to 400 in one day. This seemed to push things slightly over the edge without me watching, so I had quite a shock when I woke up.

Normally server loads hover between 2 and 4 (I have 4 processors, so anything over 4 means something has to wait for a processor), but by the time I woke up I was on a load of 10 with spikes over 20???.

Anyway, I had to look into optimising my code. I re-wrote a section to cache a number of values, which helped a fair amount, but in doing so I also noticed that there was an empty field where I would have preferred a zero. Empty fields don't bother php, but on the java side on the phone, it kept requesting more data as it didn't understand the blank. That damn zero was creating havoc and I never even knew! Happily load now stays under 1 mostly, so I could even cut my processors in half if I felt like it, or triple the traffic to my sites without needing an upgrade 

Here's what clean code can do

Thanks for working that out. Costs make a huge difference! Mind if I ask where you got the TER numbers from?

I was following this when it as just a missing person's case. So sad it turned out the way it did.