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Messages - trevormuche

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Shares / Re: US investments via Easy Equities - What is the split?
« on: June 12, 2018, 02:02:18 pm »
Quote from: rjthomas on May 10, 2018, 07:21:51 pm
My split looks like this
ZAR Equities: 37%
USD Equities: 10%
TFSA: 53%

A lecturer from my BSc days in Port Elizabeth told me a while ago to move everything to the US. I am thinking of moving up to 50% of my funds into the US account. But what is your split for the USD account and how much do you plan to keep in SA vs US on EE?

Mine is 70% offshore and 30% in SA. The SA holding is pretty much Provident and Preservation Funds that I unfortunately have no control over. My long term target is to be 99% offshore and 1% SA

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Shares / Re: Naspers
« on: November 27, 2017, 05:09:41 pm »
Quote from: Moonraker on November 27, 2017, 01:31:11 pm
Quote from: trevormuche on November 10, 2017, 03:09:37 pm
Naspers is grossly undervalued... Forget Tencent, new growth drivers will be Flipkart and Delivery Hero. Share price will go up by 100% over the next 12 months

LONDON, Nov 27 (Reuters) - Germany's Delivery Hero reported a 60 percent jump in third-quarter revenue on Monday, showing no let up in pace of growth of takeaway food apps.

For the first nine months of the year, Delivery Hero's revenue was up 64 percent to 384.4 million euros ($458.6 million). Third-quarter revenue totalled 137.9 million euros.

The loss-making company, backed by German tech investor Rocket Internet and South African e-commerce giant Naspers, said it now expected full-year revenues to be at the top end of its guidance range of 530-540 million euros.

It reiterated a goal to break even in terms of adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) in 2018 and make a profit on that basis in 2019.

Good solid results. Picked up some shares in Delivery Hero after the IPO at EUR27. Solid returns so far. Will add some more for the long run. More growth opportunities and synergies in Latin America especially in Brazil where they can acquire and consolidate food delivery platforms owned by Naspers. The UK based JustEat to be promoted into the FTSE 100

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Shares / Re: Naspers
« on: November 10, 2017, 03:09:37 pm »
Naspers is grossly undervalued... Forget Tencent, new growth drivers will be Flipkart and Delivery Hero. Share price will go up by 100% over the next 12 months

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Shares / Sending money offshore
« on: September 22, 2017, 12:06:57 pm »
Hi Everyone,

Any pointers on the most cost effective way for sending money offshore. My bank is just way too expensive

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Shares / Investing through a company or directly in your name
« on: February 08, 2017, 11:50:47 am »
Hi all

A quick question. When you invest, do you have shares registered directly in your name or you invest through a registered company or a trust. What are the advantages and disadvantages of either routes (tax implications, bequeath to loved ones etc.)

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Shares / Re: REINVESTING DIVIDENDS
« on: January 05, 2017, 09:20:34 am »
Quote from: conradl on January 05, 2017, 09:03:18 am
Quote from: trevormuche on January 04, 2017, 08:46:19 pm
If i understood the question correctly, all you need is to open a brokerage account that offers international stocks and ETFs. The ones I know are Standard Bank Webtrader (fees 0.25% pa - too high), ABSA Word Trader (fees 0.1% pa), Sanlam iTrade (fees 0,25% pa) and Saxo Bank (no fees - but minimum initial amount required by Saxo Bank is $10,000 but all the other guys require a minimum initial amount of $1,000). When you brokerage is up and running, you can simply transfer the money to the brokers bank account then you good to go. To buy Vanguard ETFs, just enter the name of the ETF you want to buy then click buy. That's just about it

Except SAXO charge you USD100 if the account is inactive for 6months! Thanks for pointing me to ABSA's management fee for EXACTLY the same platform as Std's Webtrader. The fee is 0.2% not 0.25% but still twice ABSA's! Let's see what they have to say for themselves about this...

My bad, yes the fee is 0.2% for Standard Bank Webtrader. Sanlam itrade charges 0.25% for the same platform. As for Saxo Bank, I asked them about the $100 inactivity fee and they said it doesn't apply to South African residence accounts. Its a fee for folks with accounts domiciled in Europe. So one will never be charged that fee

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Shares / Re: REINVESTING DIVIDENDS
« on: January 04, 2017, 08:46:19 pm »
Quote from: Diabolix on January 04, 2017, 03:40:34 pm
Quote from: Patrick on January 04, 2017, 03:12:20 pm
Quote from: conradl on December 23, 2016, 03:03:42 pm
Quote from: Patrick on December 23, 2016, 12:10:55 pm
Personally I would if practical change brokerages. $20 is huge, I pay $1.70 minimum or 0.08% with interactive brokers.

I've looked at the website. What do you pays in fees? It shows that monthly fee is $20 pm? And you need $100k invested with them. How do you claim back your 15% dividend tax if the tax rate in USA is 30% on dividends?
If you have less than $100k invested then there's a minimum fee of $10 per month. Your trading costs are part of this, so if you trade for $6 a month, you'll need to pay an extra $4 at month end. If you have over $100k there's no monthly fee. I'm fortunate enough to be in this group. We have a double tax treaty with the USA, so you will only be taxed 15% on dividends. I don't know how it works because I just buy VWRD which has the tax taken off at source.

Sorry for popping in while you guys are busy discussing dividends, but I was just wondering how did you go about starting to invest in that specific fund? Are you from the states or currently residing there?

Say for instance one wants to also invest in a specific Vanguard fund. How does one go about doing that?

If i understood the question correctly, all you need is to open a brokerage account that offers international stocks and ETFs. The ones I know are Standard Bank Webtrader (fees 0.25% pa - too high), ABSA Word Trader (fees 0.1% pa), Sanlam iTrade (fees 0,25% pa) and Saxo Bank (no fees - but minimum initial amount required by Saxo Bank is $10,000 but all the other guys require a minimum initial amount of $1,000). When you brokerage is up and running, you can simply transfer the money to the brokers bank account then you good to go. To buy Vanguard ETFs, just enter the name of the ETF you want to buy then click buy. That's just about it

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Shares / Re: REINVESTING DIVIDENDS
« on: January 04, 2017, 08:36:22 pm »
Quote from: conradl on January 04, 2017, 05:10:58 pm
Quote from: Diabolix on January 04, 2017, 03:40:34 pm
Sorry for popping in while you guys are busy discussing dividends, but I was just wondering how did you go about starting to invest in that specific fund? Are you from the states or currently residing there?

Say for instance one wants to also invest in a specific Vanguard fund. How does one go about doing that?

Is the Vanguard fund listed via an ETF of sorts (for example this one: http://etfdb.com/etf/VWO/, which is the Vanguard FTSE Emerging Markets ETF which holds $44bil in assets)? If thats what you're looking for you can either use what Patrick uses to invest. I am using Standard Bank Webtrader and their fee is 0.2% per annum fee and $20 per trade. I don't know if there are other platforms that are as flexible but cheaper (fees are challenging)

@Conradl, I use the Saxo Bank platform and they don't charge any recurring fee - just the onces off $20 per trade for NYSE. The other cheaper platform is ABSA Word Trader (0.1% fee + the $20 per trade). If I'm not mistaken, Standard Bank Webtrader, ABSA World Trader & Sanlam itrade all essentially use the Saxo Bank platform (i myt be wrong)

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