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Shares / Re: Transferring FNB TFSA (shares) into EE
« Last post by Patrick on Today at 05:42:47 pm »
My guess is because there isn't a top 100 ETF, it looks like they're joining the top 40 index with the midcap index inside their own wrapper. EE doesn't have the equivalent, so you can't move it directly.

It shouldn't be a problem as long you you never withdraw any cash (apart from transaction fees), get them to move it.
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Off topic / Live chat
« Last post by Patrick on Today at 05:36:28 pm »
Hey GCR, it's hard coded into the system to automatically block shares under R1. It would take ages to code exceptions in, but they'll reappear as soon as they hit R1.
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Introductions / Re: Introduction and a request
« Last post by AJ Pretorius on Today at 07:47:29 am »
Hi Sophie

I only stumbled across your message today. Hope you have found a solution. Personally, I used Easy Equities. Work good for me.
I transfer straight from my foreign bank account into City Bank EE USD. Money reflects in a couple of hours ready for investing. Have done this for the last year and cannot complain. Once I have enough and feel limited to EE. You can transfer to Interactive Brokers like here, https://investorchallenge.co.za/investing-properly-offshore-in-3-easy-steps/

Reason I do this:
*I prefer to have my currency in something stronger than RAND.
*I have a great fear in what happened to Venezuela
*I do not want to be limited to move money out of SA once I have permanently located somewhere else. (If all else fails and end up back in SA, you can still sell shares for monthly income and have proceeds paid into SA bank account)

Both me and my fiancÚ do the above and hope to achieve FIRE in a couple of years.  :money:

After being away from SA, I only now realize how volatile RAND is. I am lucky enough to have the benefit of receiving a foreign salary and spend it in local currency Zambia. Just cannot beat the benefit of buying goods which seems to be getting cheaper month to month. Groceries  :)
But then again, I only shop for bargains.

All other things that are linked to the exchange rate, at least we keep up with the increasing prices.

Regards
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Off topic / Re: Live chat
« Last post by gcr on September 29, 2020, 06:47:13 pm »
Thanks Shi - I'm aware of that but I do hold some in my portfolio and I want to buy some more - the share should rise above R 1 as they get to grips with the fiasco - which could happen before year end and I want to speculate on the ride to above R1

What's your forecast gcr? Worth a punt?

yozzi - I hold Steinhoff in my private portfolio and have been buying this counter over time where my average cost is 99 cents. The shares are cheap if one looks at the companies within Steinhoff group, I'm speculating with these shares in both my private portfolio and in this competition. They also have some astute directors so its a bit of a wing and a prayer buy and may take a good few months to recover to above R 1 and beyond
So speculative investing here - hoping they shoot the lights out - just wish Jooste would go to prison for his carnage and hopefully Wiese will wear an orange tie from now on just to show his involvement in the company   
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Off topic / Re: Live chat
« Last post by yozzi on September 29, 2020, 02:54:27 pm »
Thanks Shi - I'm aware of that but I do hold some in my portfolio and I want to buy some more - the share should rise above R 1 as they get to grips with the fiasco - which could happen before year end and I want to speculate on the ride to above R1

What's your forecast gcr? Worth a punt?
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Off topic / Re: Live chat
« Last post by gcr on September 29, 2020, 01:05:51 am »
Thanks Shi - I'm aware of that but I do hold some in my portfolio and I want to buy some more - the share should rise above R 1 as they get to grips with the fiasco - which could happen before year end and I want to speculate on the ride to above R1
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Off topic / Re: Live chat
« Last post by Shi on September 29, 2020, 12:01:38 am »
@gcr, shares under R1 not included in list.
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Off topic / Live chat
« Last post by gcr on September 25, 2020, 12:49:53 pm »
Hi Patrick , can't seem to find Steinhoff listed on the system - please look into this matter. Ta GCR
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Off topic / Live chat
« Last post by Patrick on September 24, 2020, 04:07:13 pm »
SSW is fixed, it was using the other source rather than google, but it's back to google now. Wasn't a non-update issue thank goodness, I'm still cautiously optomistic that the non-updates are over...
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Off topic / Re: Live chat
« Last post by Greglsh on September 20, 2020, 12:46:10 am »
Why is SSW showing as 0
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