Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Patrick

Pages: 1 ... 394 395 [396] 397 398 ... 534
5926
Shares / Re: STXIND vs DIVTRX
« on: December 16, 2015, 02:06:39 pm »
I think DBXWD is a good choice.  :TU:

I also think it's a good index to follow, but the costs are too high. Since you're already out of SA why not open an international brokerage account and buy VWRD. VWRD is the Vanguard FTSE All-World ETF. It tracks the FTSE all world index, which includes emerging markets. DBXWD tracks the MSCI world index which excludes emerging markets, which is likely why it has slightly underperformed the FTSE world. The TER is just 0.25% rather than 0.68% for DBXWD. If you really want a fund which excludes emerging markets, then rather buy SWDA. It also tracks the MSCI index, but at a TER of just 0.2%.

Both VWRD and SWDA are traded on the London stock exchange, but held in Ireland, which has big tax benefits (and decent estate tax laws). This means you won't have to pay local tax on the dividends as they are already taxed in Ireland. The maximum tax you will pay is 15%, but because some of the holdings don't pay that tax, it works out to about 11% tax at the moment.

5927
Shares / Re: STXIND vs DIVTRX
« on: December 15, 2015, 09:22:48 pm »
I'm transitioning my unit trust into VWRD in the next couple of months. I'll be using interactive brokers foot my offshore investing. I'll move DIVTRX next year when my discretionary allowance allows that again. Going for Max diversification and minimum fees and taxes.

5929
I see the spread is now at 22c. It was as low as 7c a while ago, I wonder why there's such a big change?

5930
Shares / Re: STXIND vs DIVTRX
« on: December 15, 2015, 11:08:55 am »
Also no effect on price, just rebalancing required to match the new index. Fortunately it won't cost the holder anything.

5931
Shares / Re: STXIND vs DIVTRX
« on: December 15, 2015, 08:38:43 am »
The delisting of SAB shouldn't affect the price of the indi at all if I understand correctly. All that should happen is that the rest of the index will increase in size to make up the difference, and the current 26th biggest industrial stock will become part of the index.

5932
Shares / Re: Best paying dividends on small cap shares!!
« on: December 14, 2015, 03:21:15 pm »
Correct me if I am wrong, is the DY not based on past dividends, not future. Cannot see Altron with a share price of R5.00 still paying a dividend.

But I might be wrong.
You're right, yield is based on the last year. That's why the STXDIV kept loading up on African bank as the share price crashed. It's yield kept climbing. A total disaster of note!

5933
Off topic / Live chat
« on: December 14, 2015, 07:41:30 am »
Did anyone have the balls to go long on banking stocks last week?

5934
Shares / NPP1
« on: December 11, 2015, 11:00:05 pm »
NPP1 6.50 cents - LDT: 15 Jan 2016

5935
Shares / IDQ
« on: December 11, 2015, 11:00:05 pm »
IDQ 21.00 cents - LDT: 8 Jan 2016

5936
Shares / NPKP
« on: December 11, 2015, 11:00:05 pm »
NPKP 6.00 cents - LDT: 15 Jan 2016

5937
Shares / LBHP
« on: December 11, 2015, 11:00:04 pm »
LBHP 5.50 cents - LDT: 23 Dec 2015

5938
Off topic / Live chat
« on: December 11, 2015, 04:28:17 pm »
I wonder if any of JZ's family or friends have made an absolute fortune shorting shares in the last week... The Gupta's are smart enough to, and were most likely consulted before hand...

5939
Off topic / Live chat
« on: December 11, 2015, 10:30:46 am »
@jaDEB, the indi is 22% SAB, 20% Naspers.

5940
Off topic / Live chat
« on: December 10, 2015, 04:53:34 pm »
DIVTRX took a pounding too... The indi is up though somehow...

Pages: 1 ... 394 395 [396] 397 398 ... 534