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Off topic / Re: Live chat
« on: August 22, 2016, 05:54:53 pm »Watching live feed of the voting in JHB.Yip - I was watching paint dry this afternoon as well
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Watching live feed of the voting in JHB.Yip - I was watching paint dry this afternoon as well
My account shows % total growth since I bought it, per share, that is what I keep eye on, see "Pulverized Sand Box "J - what you say is valid, but,my question still is why would one want to relate capital appreciation on a counter against the JSE index (Alsi or Top40) surely the objective is to gain capital appreciation primarily and a dividend stream secondary. My opinion - it is irrelevant comparing my counters capital growth to any of the two indices - it illustrates nothing other than the direction that the indices are moving on a daily, weekly, monthly or annual basis. I run a spreadsheet which I update weekly where I plug in that Mondays closing prices, but I include mutual funds TFSA's but this is merely to establish my overall wealth on a weekly basis. What this spreadsheet illustrates is what value increase/decrease you suffered on a weekly basis and what it did to your overall wealth and whether your share portfolio is performing well or badly by counter held
What the market does is important, but what your individual shares are doing is more important, if you down 5% and market is up 10%, then you are in say commodities, if the market is down 5% and you up 10%, then you in commodities.
If u wanna perform same as market the ETF people and fund trackers on this site will tell u which ones to go for.
But if u wanna do it, every Monday put your figures (share price showing Share growth) in spread sheet and put in JSE index showing growth. Next Monday put it in again and you will have it vs JSE.
but u gonna beat it some weeks and some weeks the JSE will beat you, depending on which sectors your shares are in.
Shareholders are therefore advised that MTN expects to report negative basic headline earnings per shareYup and the trades show it all 8.1 million trans; R 1.134 billion