8041
CML is 13% of my holdings but 50% of my profits! (the rest is all in the indi because as you can see in the competition, I pick more losers than winners )
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Wait a minute. I put in buy orders over the weekend. I bought at the price that was displayed on the buy page. Was that price outdated?
Thanks guys. Much appreciated.
Another request to the forum admin - How about a share buying calculator on the buy page? I have R20230 and I want to buy a 4.23 share. How many can I buy and what will my fees be? I looked at the calculator you mentioned on the sharenet website. Doesn't help.
There is another one, from marketwatch http://bigcharts.marketwatch.com/
Enter symbol eg. ZA:NPN (doesn't have to be upper case.)
So what you are saying is that when all is said and done(Unit trust fees,UT taxes etc),the Eft Indi will yield greater returns(short-medium-long term) than a Unit trust from Allen Gray or any other reputable investment company?Yes, but not just me, the stats are saying that too. Here's some reading:
If so,by what percentage does the Indi beat a Unit trust like the AG Equity Fund or Foord Equity Fund ?Well the indi did 35.5% in the last 12 months, so it beat AG by 18.2%! But the benchmark they try to beat isn't actually the indi but the all share index (plus income). There just isn't an all share ETF, the top40 (satrix 40) is often treated as the all share, and that did 19.5% in the last 12 months, so that beat Allan Gray by 2.2%.
Patrick, I also looked at the Foord/AG scenario but would you invest with Foord before the stxindi?
Link is up, update has also just run. Check the latest prices.You're right. JSE is down again. I've activated the backups links, it'll catch up in a few minutes.Patrick - I am waiting to buy shares for the competition GFI - but your price is R54.20 and the share has been trading down around R 53.32 - I want to get in at this level not your feed price - anyway of getting into the competition at this price - don't really want to wait for the competition system to update
I believe if it is on the market then it should be available for competition. If some1 kick your @ss using a 2c share, then so be it, cause if it was real he still would have kicked your @ss.
only if there were enough sell shares on offer at the price that the person bought in and his holdings should then be valued at the buy price offer
In my view Dvr has just dissed himself off the competition by adding R100k worth of 2c stock. Sad as he was doing so well. Does he not read the posts here about these penny stocks?
What? They should be putting their money where their goddamn mouth is.”
That was the response from one well known but irate US investor when I told him that fund industry professionals appear to be touting the advantages of active management as part of their day job, while investing their personal assets in low-cost passive funds.
Indeed, a poll by Ignites, an FTfm sister publication, of 1,001 fund staff – many of whom make their living promoting active products – reveals that two-thirds have a sizeable amount of their personal savings in passive funds. This includes 45 per cent who say they have a “significant” portion in passive products. Only one in five say they avoid passive funds altogether.
The findings should not be surprising, given that three-quarters of active managers never actually beat the market – a statistic those in the fund business know all too well. It does, however, leave a bitter taste in the mouth.
Any idea when my SNV dividend will be paid?
Should've been 2.5c a share on 29/07/2013