106
Shares / Re: Today's Outlook
« on: August 31, 2015, 10:35:13 am »
good piece of writing and just what I needed to hear. I guess if you need some of the money soonish just make sure that's in cash? Thanks and apprecited
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107
Shares / Re: Today's Outlook
« on: August 31, 2015, 10:16:13 am »
Guys, Simple question here. I know this week is going to be tough... also so much talk about markets crashing 
... 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 ?
... 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 ?
108
Shares / Re: What would you do if you were exempt from tax?
« on: June 13, 2015, 10:46:58 pm »As jon will be transferring R300K, he does not need a tax clearance nor does he need to have an active tax account.If Jon lives in SA and is earning some form of income then he would have to get a tax clearance, and chances are he would have a tax number unless income is below the threshold amount of whatever the limit is these days
Hi GCR
I do not live in SA, currently in Netherlands as a citizen here and dual citizenship with UK and SA
My tax number is kept up to date with account back in SA who supplies a out of country form every tax year so all good hear
What i was originally asking was:
Being over here , does it make sense continuing with Funds in SA or rather pulling out 100% and testing the waters in investment over here which from what I can gather is a much larger footprint!
I just am more versed in SA business and to be honest the companies like coronation etc.. are way more geared towards individual investors than business over here
109
Shares / Re: What would you do if you were exempt from tax?
« on: June 13, 2015, 10:42:08 pm »As jon will be transferring R300K, he does not need a tax clearance nor does he need to have an active tax account.
really? it seems with FNB I would need the tax clearance and a ton of forms
Are you sure about this ? If so will put some pressure on them!
110
Shares / Re: What would you do if you were exempt from tax?
« on: June 13, 2015, 10:38:50 pm »
hey Orca , yeah ... wasn't aware I had to do anything with my bank to let them know i was living abroad! My Tax details are kept up to date with a Nill out of country placed every year.
I asked FNB to do it and they gave me a ton of forms, needed a tax clearance which I am getting now from my accounts person
Having said that, Here in the Netherlands as I am on a 30% tax ruling ( expat type tax plan ) i will not pay any tax on investments here. Comparing options here VS coronation where I am at currently in SA .... Coronation fared better over the past 5 years in balanced plus + industrial . Thing is ,worried about rand devaluation! and if i am here why not venture out into the world economy rather than playing in the 1%??? or is this possibly safer than world markets
local funds have taken a knock recently but the brains behind them are world class and track record is awesome!
My Dilemma = how to best get funds out of SA NO:1 and then how much should I take out of SA as I am now a Netherlands resident
some people advise .. everything while my heart says leave some in SA
I asked FNB to do it and they gave me a ton of forms, needed a tax clearance which I am getting now from my accounts person
Having said that, Here in the Netherlands as I am on a 30% tax ruling ( expat type tax plan ) i will not pay any tax on investments here. Comparing options here VS coronation where I am at currently in SA .... Coronation fared better over the past 5 years in balanced plus + industrial . Thing is ,worried about rand devaluation! and if i am here why not venture out into the world economy rather than playing in the 1%??? or is this possibly safer than world markets
local funds have taken a knock recently but the brains behind them are world class and track record is awesome!
My Dilemma = how to best get funds out of SA NO:1 and then how much should I take out of SA as I am now a Netherlands resident
some people advise .. everything while my heart says leave some in SA
111
Shares / Re: What would you do if you were exempt from tax?
« on: June 12, 2015, 01:54:18 pm »
Thanks Patrick!
looking at shifting about 300K ?
Just asked FNB who I have an account with and this ended in a pile of paperwork! there has to be an easier way!
how does the paypal system work, I have an account here but can i set one up in SA?
I want to use this to create a portfolio on this side
looking at shifting about 300K ?
Just asked FNB who I have an account with and this ended in a pile of paperwork! there has to be an easier way!
how does the paypal system work, I have an account here but can i set one up in SA?
I want to use this to create a portfolio on this side
112
Shares / Re: What would you do if you were exempt from tax?
« on: June 12, 2015, 11:23:46 am »
QUICK ONE AGAIN ON THIS ... WHAT IS THE EASIEST WAY TO GET FUNDS OUT OF SA? JUST TRIED AND ITS NO EASY FEAT!!
113
Shares / Re: What would you do if you were exempt from tax?
« on: June 11, 2015, 05:03:00 pm »
I find myself in the exact same position. Except in The Netherlands. I have 90% of my investments in SA as like you I am more familiar with this market and have had more success here. I took 10% off at the beginning of this year to experiment here in Europe on a Blackrock euro index tracker also a few other singular funds + the S&P
All of these have been really weak. and get the feeling I am missing out by not really understand the massive world of investment over here.
Any suggestions... would continue with SA but currency weakness plus a number of other issues make me want to move out
Appreciate any feedback!
All of these have been really weak. and get the feeling I am missing out by not really understand the massive world of investment over here.
Any suggestions... would continue with SA but currency weakness plus a number of other issues make me want to move out
Appreciate any feedback!
114
Off topic / Re: Live chat
« on: June 04, 2015, 11:54:04 am »
good feedback! yes, I meant the recent performance on JSE. Its hard not to tie the current shitbag of stuff going down politically to weaker performance . So to get it straight... good solid companies that are deriving most earnings in an overseas of African market are still considered good bets? Think i need to re-align a little!
115
Off topic / Re: Live chat
« on: June 04, 2015, 10:18:55 am »
I know markets go up and down but JSE lately! last 2 weeks have been heart attack material. I am not based in SA. Is it worth it keeping it going over there? possibly better to sit in EU or U :wall:S instead. Any good reasons to stay in ZA? appreciate any feedback
116
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 06:56:25 pm »
Thanks for that, the equinox site is really interesting
I see there are a number of funds especially on Coronation which have fared well over the past 3 years including 2014
I know this is no indication of how its going to play out 2015 and forward
'
But doesn't it make sense to take out of one balanced fund and do a mix like industrial / financial and some more safer option like balanced and strategic income
This would give a better outcome right ?? I think brings me back to the original question
is it better to have one fund ( example AG balanced fund )
Or split it over some funds in an investments house such as coronation who has different option to really tier your portfolio ?
I think that was my main query... as for the tax info you have given me , that is just a bonus to learn.. so thank you!
I see there are a number of funds especially on Coronation which have fared well over the past 3 years including 2014
I know this is no indication of how its going to play out 2015 and forward
'
But doesn't it make sense to take out of one balanced fund and do a mix like industrial / financial and some more safer option like balanced and strategic income
This would give a better outcome right ?? I think brings me back to the original question
is it better to have one fund ( example AG balanced fund )
Or split it over some funds in an investments house such as coronation who has different option to really tier your portfolio ?
I think that was my main query... as for the tax info you have given me , that is just a bonus to learn.. so thank you!
117
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 06:25:50 pm »
Hi Patrick, Thanks for that... re: Fees yes I am just learning that now! It really is not clear to be honest!
DO you have a link for that article ? tried to Google it with no luck
If I sell Then I still have to declare to SARS right ? I still do a tax return yearly even though not living in SA
DO you have a link for that article ? tried to Google it with no luck
If I sell Then I still have to declare to SARS right ? I still do a tax return yearly even though not living in SA
118
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 05:31:46 pm »
awesome, will play around on equinox site. thanks for the tip!
I have been in their Netherlands for 2 years now. I hold dual citizenship for SA and UK/EU
So is growing the investment in SA and then pulling across here an option ?
Are you in Portugal ? Nice if so .. best place in Europe in my opinion!
I have been in their Netherlands for 2 years now. I hold dual citizenship for SA and UK/EU
So is growing the investment in SA and then pulling across here an option ?
Are you in Portugal ? Nice if so .. best place in Europe in my opinion!
119
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 04:54:16 pm »
HI Orca
Thanks for the info, makes a lot of sense. Had no idea about PSG being 0.9 vs 1.5. yes I am direct with AG.
My question i guess was is it worth pulling out of the investment now to get a better rate or is it correct in thinking as nakedpeanut (
) above suggests you would lose by selling out and buying in again on a different fund
Or am i to believe its easy to change investments providers ( example AG to PSG ) without to much issue ( you would pay capital gains right ? )
And yeah, Coronation IND fund and others perform higher pretty regular... in someone who knows markets .. the returns a balanced fund such as AG has been giving me ... is there better out there in a stable package ?
Last question! AG BF did 7.6 last year ... excluding fees .. are you sure ? so in reality it was like 6%? I could have been in Capitec or a bond for 7.25 for the year
Thanks for the info, makes a lot of sense. Had no idea about PSG being 0.9 vs 1.5. yes I am direct with AG.
My question i guess was is it worth pulling out of the investment now to get a better rate or is it correct in thinking as nakedpeanut (
) above suggests you would lose by selling out and buying in again on a different fundOr am i to believe its easy to change investments providers ( example AG to PSG ) without to much issue ( you would pay capital gains right ? )
And yeah, Coronation IND fund and others perform higher pretty regular... in someone who knows markets .. the returns a balanced fund such as AG has been giving me ... is there better out there in a stable package ?
Last question! AG BF did 7.6 last year ... excluding fees .. are you sure ? so in reality it was like 6%? I could have been in Capitec or a bond for 7.25 for the year
120
Shares / Re: Investment pointers 2015
« on: January 22, 2015, 04:17:59 pm »
Really appreciate that feedback
Get both points, expect don't really understand the capital gain tax point. How can you avoid this by holding out longer ? i will pay this whenever i sell out right ?
Is it worth diversifying within a investment house ( for example splitting investments between a few funds ) rather than holding in one balanced product?
Or is balanced spread enough?
Thanks again, this is great getting some feedback!
Get both points, expect don't really understand the capital gain tax point. How can you avoid this by holding out longer ? i will pay this whenever i sell out right ?
Is it worth diversifying within a investment house ( for example splitting investments between a few funds ) rather than holding in one balanced product?
Or is balanced spread enough?
Thanks again, this is great getting some feedback!