6256
I'll go for the middle, R89. Does that look better?
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6259
Shares / Re: What would you do with R10,000/month savings?
« on: September 02, 2015, 07:55:38 am »BTW to anyone else following this thread. Still open to other ideas as to what you would do with R10,000 a month.I'd find out if there's a tax advantaged account where you are similar to an RA. If you're paying 30% tax, putting the money into something like a RA or 401k etc would give you those returns straight away. If you're in the states or UK you should be able to go with a Vanguard fund, which has some of the lowest fees around. I wish they'd open up an office locally, but I don't think there's much chance of that.
If you don't have access to any of those and do want the money in SA then I'd do a split between DIVTRX and STXIND personally. One of the reasons I still like the indi is that it's a great rand hedge: http://www.biznews.com/etfs/2014/10/09/best-satrix-options-youre-wanting-profit-rand-weakness/
The index the DIVTRX follows has had an outstanding 5 year period, and at the current prices, the dividend yield is pretty attractive too if you like income. I already own a chunk of both, more indi than DIVTRX, so currently I buy the DIVTRX every month just after payday.
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The Investor Challenge / Re: Can we short shares
« on: September 01, 2015, 03:48:37 pm »On a different note...is there a way to buy gold in this competition without buying shares in any mining company?Yes, share code GLD: http://www.shareforum.co.za/competition/com_purchase_share.php?stock_symbol=GLD
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The Investor Challenge / Blog post: Can you de-complicate personal finance?
« on: September 01, 2015, 11:43:23 am »6263
You're not shorting today MP? Btw, what did you think of this: http://www.bloomberg.com/news/articles/2015-08-28/while-many-panicked-japanese-day-trader-made-34-million
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Shares / Re: CoreShares Dividend Aristocrats ETF/S&P SA Dividends Aristocrat
« on: September 01, 2015, 09:51:46 am »
Good news here, the spread is now down to 8c 
I bought a chunk of this during the correction last week, so I'm pretty happy. Incidentally some poor sap paid R31 per share for 668 of these today, when the market maker has them priced at R26.53. They've just spent R3000 more than they should have!
It does make it look like I have 16.5% growth today, so on paper at least I'm feeling pretty wealthy haha.
I bought a chunk of this during the correction last week, so I'm pretty happy. Incidentally some poor sap paid R31 per share for 668 of these today, when the market maker has them priced at R26.53. They've just spent R3000 more than they should have!
It does make it look like I have 16.5% growth today, so on paper at least I'm feeling pretty wealthy haha.
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Shares / Re: Today's Outlook
« on: August 31, 2015, 10:24:19 am »Guys, Simple question here. I know this week is going to be tough... also so much talk about markets crashingPerhaps a quick read here will give you my opinion: http://investorchallenge.co.za/how-to-lose-money-in-the-stock-market/... I have money with Coronation industrial fund and balanced plus.. ( also in VOO ) should I move everything to cash to avoid loss? or is it more of a be greedy when everyone is fearful play ?
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Shares / Re: Lazy Trading System
« on: August 31, 2015, 08:48:00 am »
I'm not one to recommend trading, in fact I think it's pretty dangerous, and a good way to give money back to the markets. But some people can apparently do it, and do it well. This guy for instance: http://www.bloomberg.com/news/articles/2015-08-28/while-many-panicked-japanese-day-trader-made-34-million