« previous next »
Pages: 1 2 3 [4]

Author Topic: Offshore broke4s  (Read 67271 times)

gcr

  • Hero Member
  • *****
  • Posts: 1008
  • Karma: +28/-1
    • View Profile
Re: Offshore broke4s
« Reply #45 on: January 23, 2020, 12:48:22 pm »
Quote from: IndustryGuy on January 23, 2020, 12:22:23 pm

Yozzi - thanks for the response - will also pursue this avenue. However some of the responses I have received seem to think that I want to trade in currencies and CFD's - this is not my intention at all, I want to buy shares in e.g. Royal Bank od Scotland, Ralph Lauren Clothing, RCI Hospitality etc.. So what I'm really looking for is an account from which I can fund my broking purchases initially and then having a portfolio account with a broker (as per my RSA set up) and that I can buy/sell over their platform augment and or change my portfolio as required

Hope this clarifies where I want to be and how I want to operate

Hi GCR. I really think we can assist you. I sent you a personal message.
[/quote]
Hi IndustryGuy - will contact you via landline to set up an appointment to discuss face to face
Thanks for message
Logged
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Offshore broke4s
« Reply #46 on: January 23, 2020, 12:54:37 pm »
Quote from: gcr on January 22, 2020, 06:50:41 pm
Quote from: jaDEB on January 22, 2020, 04:34:51 pm
Interesting, I have SASFIN account with local shares , and also use SASFIN to buy offshore, which is DMA.  :whistle:
jaDEB - when you sell your foreign shares where do the proceeds default to - 1) a Rand denominated account in SA 0r 2) a foreign currency account in your name in the foreign country or 3) a SASFIN account styled in your name in the foreign currency of the shares sold.

Be interested in hearing your answers
Thanks

If I sell it is in USD and stays in dollar account - DMA.
Logged
jaDEB

If it scares you, it's a sign you need to do it
Pages: 1 2 3 [4]
« previous next »