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Am I reading this correctly that the STXIND has gone up nearly 147%  in the last 5 yrs? I've got a property sale going through right now and with the proceeds this looks like the place to be for the long term?

Anyone been invested in the STXIND over the last 5 yrs?

Nope it's done 147% excluding dividends!

I only started with it this year unfortunately.

My brokers calculation showed it as Fully valued 5 weeks ago.

The same broker that said CML was fully valued at R45

This is the way I see it. And note, I'm still an amateur investor, so I have a dozen or so years to figure out my strategy.

If I go for growth stocks, and have to sell shares to survive I'm in danger of two things. 1) the taxman will nail me, and 2) If there's a crash I would end up selling my capital at a low value.

I plan to live on dividends. 1) The taxman won't tax them any more than the withholding tax, and 2) If there's a crash dividend amounts shouldn't drop (or do they?), and I won't need to sell any capital.

If I get growth great, but I won't need to rely on it. Horses for courses no?

Happy to take advice from people who know more than me, ie all but our friend Julius 

I thought funds which don't want to qualify as retirement funds are allowed to go 100% equity. I know FOORD equity who I'm with is practically all equity.

Welcome GoldenBalls. I'm in the same boat as you, I put a chunk of money into a unit trust, and now I plan on moving it to an ETF also due to the fees. At the moment it'll also be the indi like you, but as I get closer to early retirement I may switch to the divi.

I'm with ABSA stockbrokers, and as they charge 0.4% or R120 minimum, plus waive the R800 yearly fee is you trade 5 times a year, they only make the best financial sense if you can invest R150k a year.

I'm trying to figure out what happened today myself. I see Shi got some FGL at 18c, while it's trading at the R1.40 mark. My ABSA account does report a daily minimum of 18c a share, no idea why that would have happened. Weird share graph in any case...

No but I backdated the purchases to the night of the opening day. All later purchases were done the night after the first days trading following a deposit, just to make sure there was no timing involved in the purchases.

Had to go hunting for it. ABSA doesn't give me dividend notifications until the month after it was paid, but I saw some extra cash in my account.

Take a look here: http://www.satrix.co.za/products/satrix%20indi.aspx
on the left you'll see Document downloads, and under that you'll see dividend distribution announcements.

Looks like Satrix pays a dividend 4 x a year. I've added the satrix 40 to the LDT page too.

I saw that I missed a LDT for the indi on the 24th of June, so I added that to the LDT thread and it's now been paid. It's bumped the indi up to 15th spot. Hard to argue with that as an investment strategy...