8056
AIA 19.95 cents - LDT: 21 Feb 2014
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8058
Shares / Re: What is the use?
« on: February 07, 2014, 09:22:32 am »Orca is the man for tax, Mr Bond aswell (I think). The first R30 000 is tax free, thus you only pay tax on profits above R30,000 profit. Unless of course they change it.
If I hold the share of 5 companies and sell them all, is the first R30 000 tax free per company or cumulative?
The R30k exemption is for capital gains tax, only applies after you've held for 3 years. For less than three years you add the profit of the sale to your annual income when you do your taxes. Then you pay normal income tax.
Like jaDEB says, your first worry should be making any profit, then you can worry about taxes! Ideally just don't sell for 3 years...
Here's the tax thread, all 13 pages, but some great info in it: http://www.shareforum.co.za/shares/tax/
8061
Shares / Re: Critique my Portfolio.
« on: February 06, 2014, 09:52:08 am »
I'm trying to free up more cash so I can buy more. Looks like it'll take another 3 weeks till I can though.
8063
The Investor Challenge / Re: How to identify frequently traded shares
« on: February 05, 2014, 10:15:19 am »Another suggestion is that you limit buy and sell orders against that days volumes for the day - if you buy/sell volumes greater than those traded for the day then you will only have your order executed up to the volumes traded and at the price that the shares traded at not your order price
Just my views
Sadly that's impossible with the data I can pull automatically...
8064
The Investor Challenge / Re: How to identify frequently traded shares
« on: February 05, 2014, 08:55:18 am »
Another proposal, how about we allow investing in companies like ITE, but not trading, ie no sell option for ITE?
8068
Over R20m was vested to managers today from the "Coronation Bonus Pool Trust". Mostly to 3 managers. So far so good.
Where do I get a job like that
