Author Topic: SAtrixindi (Read 95394 times)

Orca · « **Reply #75 on:** November 04, 2013, 06:45:55 pm »

Quote from: Delusionsofgrandeur on November 04, 2013, 02:47:44 pm

Quote from: Orca on October 31, 2013, 03:40:05 pm
To get tax relief, one has to hold the shares for at least 3 years. No matter how good the stock might look now and it's future prospects for further growth, a time will come when it stops performing or tanks. This mostly happens before the 3 years are up and you are forced to make adjustments. You will be extremely lucky if all your stocks keep going up for 3 years. Almost half of your gains will go to tax. That is a waste of your time and money.
For that very reason I would just go for the Indi and chuck it in the bottom drawer.

1-Am I correct in assuming this advice is for someone who has no knowledge at all in investing in stocks aka me?Or is this just general info?

2-By "adjustments" do you mean selling?

3-This may be a silly question, Is there a small chance that the INDI will plateau in value in under 3 years?

Also,what is the price of the INDI per share right now?I still haven't figured out my interface as yet.

General info boet. I cannot see ALL my stocks surviving for 3 years without some major pullback. So I would rather go for the steady sustained gains with the Indi than go for the 130 percenters pa and have a major pullback and cannot sell due to the moerse gains made.
Point in question is my CML. Last bought at R24 and now at R82. Only held for 1.5 years and have R1.5M in it now. How much tax will I have to pay if I sell on a pullback to R60? At 40% tax, it is not worth it.
Holding on to STXIND that so far seems sustainable as it has been over many years albeit at 30% pa will be a better bet as you can hold it for the 3 year thing and pay very much less tax if you sell.

As much as I want to sell and buy the Indi, I cannot due to tax. I am stuck with CML.

I hate paying tax.

gcr · « **Reply #76 on:** November 04, 2013, 10:17:37 pm »

Quote from: Orca on November 04, 2013, 06:45:55 pm

Quote from: Delusionsofgrandeur on November 04, 2013, 02:47:44 pm
Quote from: Orca on October 31, 2013, 03:40:05 pm
To get tax relief, one has to hold the shares for at least 3 years. No matter how good the stock might look now and it's future prospects for further growth, a time will come when it stops performing or tanks. This mostly happens before the 3 years are up and you are forced to make adjustments. You will be extremely lucky if all your stocks keep going up for 3 years. Almost half of your gains will go to tax. That is a waste of your time and money.
For that very reason I would just go for the Indi and chuck it in the bottom drawer.

1-Am I correct in assuming this advice is for someone who has no knowledge at all in investing in stocks aka me?Or is this just general info?

2-By "adjustments" do you mean selling?

3-This may be a silly question, Is there a small chance that the INDI will plateau in value in under 3 years?

Also,what is the price of the INDI per share right now?I still haven't figured out my interface as yet.

General info boet. I cannot see ALL my stocks surviving for 3 years without some major pullback. So I would rather go for the steady sustained gains with the Indi than go for the 130 percenters pa and have a major pullback and cannot sell due to the moerse gains made.
Point in question is my CML. Last bought at R24 and now at R82. Only held for 1.5 years and have R1.5M in it now. How much tax will I have to pay if I sell on a pullback to R60? At 40% tax, it is not worth it.
Holding on to STXIND that so far seems sustainable as it has been over many years albeit at 30% pa will be a better bet as you can hold it for the 3 year thing and pay very much less tax if you sell.

As much as I want to sell and buy the Indi, I cannot due to tax. I am stuck with CML.

I hate paying tax.

Orca - your intention is to invest for the future, however market conditions change and as such SARS should be appreciative of this aspect. I believe that if you sold 50% of your holdings in CML and showed it as CGT in your tax return you would not be harshly treated (I am presuming that SARs has some intelligent people within the organization who could see what you are trying to achieve is a long term strategy of wealth creation) but you would need to deal this matter on a case by case basis. The difficulty is that SARS only let you interface with keyboard jockey's when you visit there offices what you need to do is get to the upper level of management where you may encounter some intelligent life form, its a ball ache but if it saves you money it is worth fighting for

Delusionsofgrandeur · « **Reply #77 on:** November 05, 2013, 01:45:01 pm »

Quote from: Nios on October 31, 2013, 08:55:39 pm

Quote from: Delusionsofgrandeur on October 31, 2013, 09:12:59 am
I would most likely be investing in property for income or a place to live when I need it.I do not own property,but I do work abroad.

I read your thread Gios.
Correct me if I am wrong,from what I read it appears that the INDI is the way to go for the highest return on financial/time/effort investment.

The Downside
Off course, this would mean I would have to rent and will not have an income should I return to S.A .I could always sell some of those stocks should I need them,cheers for the advice.

I'm not offering advice, you need to draw your own conclusions. I too lived overseas for a few year while renting my props out. I can tell you it was a freaking nightmare letting agents do it. You are so far away with no control. The minute I got back I started managing them myself and things improved. Still quite a pain though, especially when tenants vacate. Frankly had I invested in the Indi instead I would have much more capital today. There's so many variables with property though. Your case you're looking to purchase for yourself to live in one day, so different scenario. You never mentioned whether you were going to bond or not?

If you were going to buy cash, why not bond the property to a point where you'd break even every month once rented, let the tenant pay the bond while you abroad, claim the tax rebates on expenses and bond interest and then invest your cash lumpsum/monthly surplus in the indi. Like orca says, 3yrs holding period you'll only pay cgt. So if you going to be abroad for that period longer you'd probably be in a position to pay the bond off with your gains if it continues to grow as it has historically.
There's no guarantee that the indi will continue to grow at the pace it has over the last 5 years. But if it does, it will most definitely outpace residential property growth.

I heard that apparently its a great time to buy a house now.Is that true?

yozzi · « **Reply #78 on:** November 06, 2013, 10:04:31 am »

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.

Delusionsofgrandeur · « **Reply #79 on:** November 07, 2013, 02:38:11 pm »

Thats great info to know.

Are you guys confident in the S.A market,specifically with stocks and the indexes,specifically the INDI(short term 3-5 year)?

I think I am convinced to buy into the INDI heavily(100% of my savings),but I fear the short term(3-5 years) depreciation of the rand and state of the country.Its clear to see,all around us.

But do you think it is still worth it?

OR Should I just keep some money here ,out of the country?

I am in the investment for the long term but if the country goes bad after 3 years Im taking the money out,if its still an option for me.

Nios · « **Reply #80 on:** November 07, 2013, 03:50:23 pm »

Let me guess...you're currently living in the UK

Delusionsofgrandeur · « **Reply #81 on:** November 07, 2013, 04:24:49 pm »

Quote from: Nios on November 07, 2013, 03:50:23 pm

Let me guess...you're currently living in the UK

South Korea.Also,is anyone waiting for the 2013 stock market crash dip to invest?

yozzi · « **Reply #82 on:** January 13, 2014, 10:29:20 am »

Decisions, decisions!

As I've said previously on here I bought heavily into the Indi late last year and now have to decide where to make my final large investment do I go with the Indi again or another Satrix product like the divi or rafi, play safe with something like the A Gray equity fund or a similar fund as I don't really want to have to keep watching the market in order to buy and sell shares.

What would you guys do?

franz · « **Reply #83 on:** January 13, 2014, 01:35:11 pm »

Have you considered the DBX Tracker ETF"s? Foreign exposure and around 47% gain in 2013 rand terms. One of my best investments last 2 years.

Go to Deutsch Bank for info "www.etf.db.com"

yozzi · « **Reply #84 on:** January 13, 2014, 06:35:48 pm »

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

franz · « **Reply #85 on:** January 14, 2014, 08:02:14 am »

Hi Yozzi, i hold the dbxus, dbxeu and our satrix indi and add on dips. I buy and sell myself and have a Trading and LT portfolio with BoE.

yozzi · « **Reply #86 on:** January 15, 2014, 09:58:06 am »

Franz, I saw one analyst on Summit tv last night punting the DBX Europe and he said it had gained 54% in the last year? Are your investments in the DBX split 50-50 or do you have a larger holding in one of them?

franz · « **Reply #87 on:** January 15, 2014, 12:39:27 pm »

Well, 54% incl. divis up to yesterday quite possible, year to year Dec 2013 for a lumpsum was 48.6% excl divi.
My US is larger than my EU as i expect good earnings and Apple to fly in 2014, just my opinion

Nios · « **Reply #88 on:** February 01, 2014, 08:15:37 am »

Indi in quite a pullback. Do the experts here see it going any lower into the 40's?

Starting to look like a nice buying opportunity. Would be even better at the 45 mark.

Orca · « **Reply #89 on:** February 01, 2014, 05:40:14 pm »

I'm no expert but I would wait a while. The correction was expected and ongoing. Perhaps more down days than up days to follow.
From the chart, you can see that the deviation from the 200 day moving average got too large and now she is heading back down to have a gander at it. I would wait for a price at 5200 or at support at 5000.

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Author Topic: SAtrixindi (Read 95394 times)

Orca

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gcr

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Delusionsofgrandeur

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yozzi

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Delusionsofgrandeur

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Nios

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Delusionsofgrandeur

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yozzi

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franz

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yozzi

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franz

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yozzi

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franz

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Nios

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Orca

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