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Author Topic: My retirement blog.  (Read 420189 times)

Aragorn

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Re: My retirement blog.
« Reply #30 on: January 21, 2014, 08:36:02 am »
Quote from: jaDEB on January 20, 2014, 08:34:03 am
I suggest you stay away from Boksburg. Once you here you would want to immigrate here and not Europe.
Just a thought - Orca needs to get his passport, so he will not be able to visit Boksburg until he has a passport.  ^-^
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Orca

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Re: My retirement blog.
« Reply #31 on: January 24, 2014, 07:39:11 pm »
Not idly do the price of NPN fall.  :LHST:
Sorry. Could not help that remark. Hope it goes up. Actually it has to. She left a gap up there.
« Last Edit: January 24, 2014, 07:48:14 pm by Orca »
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Orca

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Re: My retirement blog.
« Reply #32 on: January 24, 2014, 07:58:23 pm »
Here you go. Don't expect it on Monday as the US is down big time tonight.
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Delusionsofgrandeur

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Re: My retirement blog.
« Reply #33 on: February 19, 2014, 07:13:18 am »
Orca,May I ask if your portfolio has changed significantly,any long term stocks added or sold?
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Orca

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Re: My retirement blog.
« Reply #34 on: February 19, 2014, 10:59:51 am »
Quote from: Delusionsofgrandeur on February 19, 2014, 07:13:18 am
Orca,May I ask if your portfolio has changed significantly,any long term stocks added or sold?

Sold a small portion of CML to add to MTA and with the proceeds of the sale of my shop bought OMN. OMN is to give more stability to my overall portfolio value.
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gcr

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Re: My retirement blog.
« Reply #35 on: February 19, 2014, 01:06:55 pm »
Quote from: qriffin on February 19, 2014, 11:28:57 am
Orca you are very brave actively investing like this in your retirement. Not because of market risks but because of so much other things to do with your time. I can't imagine being concerned with anything to do with investing when I'm in you sublime situation. Good Luck
It is in my view an absolutely vital pursuit to invest in the market to augment and or grow your pension capital especially if it under your direct control. When in retirement it is important to look at your needs in your 70's and 80's and even longer so that you don't run out of funds to enjoy your retirement. Also look at the longevity of your immediate family to gauge your chances
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Orca

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Re: My retirement blog.
« Reply #36 on: February 19, 2014, 02:53:31 pm »
No sweat. I can easily live on 6% pa of my portfolio and anything above will be capital growth.  :TU:
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Orca

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Re: My retirement blog.
« Reply #37 on: March 11, 2014, 05:39:41 pm »
Still going. Its been 4 months since I sold my shop and still waiting for PRASA to get the lease on the new owners name and get my deposit back. The government parastatals are soooo slow.
Once that is done then off I go to the white beaches of Portugal.
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jaDEB

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Re: My retirement blog.
« Reply #38 on: March 11, 2014, 05:49:36 pm »
U still be bloggin?  :(
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jaDEB

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Orca

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Re: My retirement blog.
« Reply #39 on: March 11, 2014, 06:52:29 pm »
Quote from: jaDEB on March 11, 2014, 05:49:36 pm
U still be bloggin?  :(

Of course I'll still pester you guys. My investments will still stay in SA.
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Orca

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Re: My retirement blog.
« Reply #40 on: April 18, 2014, 09:51:54 pm »
Had to sell R17k of my CML yesterday for the first time this tax year. Have to live. Cash has run out now but the sale of my household stuff and my car will keep me going for some time.
Flight tickets are booked for 28 May and paid. My stocks don't look too good but not too concerned.
Felt sorry for my wife today as she had to get rid of all our kids school achievement certificates and photos. We have some on Memory Stick but the Real stuff is now gone. All memories are now in the past as we will now open a new page in our lives. A new beginning.
Who, after all will look at old photos and reminiscence? Do you? I doubt it. The old photos just get chucked in the bottom draw for your kids who will do the same as will their kids as will their children's kids. So we dumped them all as my wife was tearful.
My older girls from the UK are going to meet us in Lisbon airport to escort us to our destination and spend time with us. Perhaps they think we will get lost and need help. Perhaps we will.


 
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Orca

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Re: My retirement blog.
« Reply #41 on: May 08, 2014, 07:39:41 pm »
Shoot. Been to SARS twice and each time they tell me that they need more stuff so back home again. Shite, this is so much paper work.
Back to SARS on Monday. They don't tell you everything that you need at once.
The bank FX chick has taken a week off so our next appointment has been postponed. Never ends.
The Portugal embassy is fully booked for visas until 09 June and our flight is booked for 28 May???
Now I will have to cancel our flights for a later date and pay cancellation fees.

The only efficient service I got was the Finnish embassy in PTA that sent our stuff off to Finland on the 6th and the passports are already back done and dusted in PTA on the 8th. Two days. Wow.
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Moneypenny

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Re: My retirement blog.
« Reply #42 on: May 09, 2014, 08:54:57 am »
Shame O, stay strong. :)
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Orca

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Re: My retirement blog.
« Reply #43 on: May 19, 2014, 11:50:12 am »
Just thought to share this.
From the SARS website.
When in Portugal, I can trade my SA shares from Portugal without incurring tax in ZA as the act states that the source will be where you apply your mind, wit and labour for your trading activities. SARS uses the Source based tax system.
Another example is a non SA resident trading FX from SA but his funds are in Ireland and his gains are in Ireland. He exercised his "business" activities from within SA so he is liable for tax here.
Had he used a FX manager in Ireland, the gains would not be taxed here but in Ireland as his "business" activities were carried on in Ireland.

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Nivek

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Re: My retirement blog.
« Reply #44 on: May 19, 2014, 04:27:29 pm »
So you can effectively escape tax ORCA?

BTW do you speak Portuguese?
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