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Thanks Franz, which one did you invest in? Did you do it yourself or use a broker?

Thanks Griffin. Been spinning for Yellowtail all weekend to no avail. Anyway, a bad day fishing is better than a good day at the office. Boats coming in with loads of Snoek though.
Anyway, to make myself credible, I have to show some figures. Nobody knows me anyway so here goes.
CML - R1 925 350.00. Eish. Too much but it just grew all by itself.
MTA and PNC at almost equal amounts totaling R643 000.00.
OMN has a teeny amount of R54 531.00. Was going to add to it monthly but decided to increase MTA for alpha.

That is roughly R2.6M. This is my starting point for this blog.


So Orca are you now going to invest in the Indi as you said before?

Who would be the top 3 index funds you would invest in? I'm already in the Indi so who else is on your list of good long term funds to go with? Long term meaning 3-5 yrs.

Many thanks guys! Capitec looks good with 5.75% for 6 mths and 6% if you keep it there for 7-9 mths

Have been reading this thread relating to property v STXIND and I set a goal earlier this year to sell 3 props by year end and pleased to say I've now sold 4! So I'm a happy chappy at the mo as I would caution people in getting involved in property as opposed to the stock market.

If you're lucky and have a run of good tenants (presuming you are in the buy to let mkt) then no probs but when you get the tenants from hell and also one lot that did a runner owing plenty of rent then you think what the hell do I need all this crap for? Some props take years to sell and at the end of the day everybody wants a bargain and at least with stocks you sell and get your money within days and with not too much maintenance and stress involved! So what I'm saying is think twice about getting into the prop mkt and only if you want to be in it for a very long time as the mkt will take plenty of time to recover to the highs we saw years ago. Of course if you are buying to live in the prop then different story and you then cause your own stress! 

My goal now (as I've just hit the 60 yo mark) is to invest in something for 3-5 yrs that's fairly constant in growth and gives a decent annual return so hence me buying into the INDI recently and I'm also looking at the RAFI as I'd like to diversify a little. 

Bought a good wack of Stx indi shares today at just over R51 each so onwards and upwards!

Orca, that's scuppered my plans a bit as I was going to invest a fair bit in the Indi and as I'm not very familiar with the market like you guys are I need to look at something that's going to give me a decent return over the next 3-5 yrs and I don't think I'll go with the various fund managers so need to have a relook at this!