Author Topic: US shares - for those with EE accounts  (Read 47308 times)

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: US shares - for those with EE accounts
« Reply #15 on: June 27, 2017, 09:30:14 am »
Here you go, link to competition sign up: http://bit.ly/2rWIgbC  - I see Tesla, Facebook and Apple on there :)

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: US shares - for those with EE accounts
« Reply #16 on: June 27, 2017, 10:05:07 am »
I wonder if they'll offer some of the US listed ETFs too?

JohnnyH

  • Jr. Member
  • **
  • Posts: 96
  • Karma: +0/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #17 on: June 27, 2017, 12:35:05 pm »
I wonder if they'll offer some of the US listed ETFs too?

Looks like it, from the competition list (http://blogs.easyequities.co.za/crowd-sourced-stock-picks) :

iShares Asia Pacific Dividend UCITS ETF USD

iShares Asia Property Yield UCITS ETF USD

iShares China Large Cap UCITS ETF USD

iShares Core EURO STOXX 50 UCITS ETF EUR

iShares Core FTSE 100 UCITS ETF GBP

iShares Core MSCI EM IMI UCITS ETF USD

iShares Core MSCI Japan IMI UCITS ETF USD

iShares Core MSCI Pacific ex-Japan UCITS ETF USD

iShares Core MSCI World UCITS ETF USD

iShares Core S&P 500 UCITS ETF USD

iShares Developed Markets Property Yield UCITS ETF USD

iShares Edge MSCI EM Minimum Volatility UCITS ETF USD

iShares Edge MSCI World Minimum Volatility UCITS ETF USD

iShares Edge S&P 500 Minimum Volatility UCITS ETF USD

iShares EM Dividend UCITS ETF USD

iShares Euro Dividend UCITS ETF EUR

iShares Global Corp Bond UCITS ETF USD

iShares Global Govt Bond UCITS ETF USD

iShares Global High Yield Corp Bond UCITS ETF USD

iShares Global Infrastructure UCITS ETF USD

iShares Global Water UCITS ETF USD

iShares MSCI Brazil UCITS ETF USD

iShares MSCI Korea UCITS ETF USD

iShares MSCI USA Dividend IQ UCITS ETF USD

iShares USD EM Corp Bond UCITS ETF USD

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: US shares - for those with EE accounts
« Reply #18 on: June 27, 2017, 02:29:11 pm »
Good things are happening

Mr_Dividend

  • Hero Member
  • *****
  • Posts: 586
  • Karma: +21/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #19 on: July 05, 2017, 10:50:28 am »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.

So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: US shares - for those with EE accounts
« Reply #20 on: July 05, 2017, 03:10:48 pm »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.

So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3

Think I'll wait and see how this pans out.

Transaction fees: 0.735%

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: US shares - for those with EE accounts
« Reply #21 on: July 05, 2017, 04:01:48 pm »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.

So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3

Think I'll wait and see how this pans out.

Transaction fees: 0.735%

Apparently AMD & Nvidia share prices movement is partly due to Bitcoin mining. To mine you have to upgrade your computer major.
jaDEB

If it scares you, it's a sign you need to do it

JohnnyH

  • Jr. Member
  • **
  • Posts: 96
  • Karma: +0/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #22 on: July 06, 2017, 08:28:28 am »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.

So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3

Think I'll wait and see how this pans out.

Transaction fees: 0.735%

Total transaction fee? If yes then actually very good, local equities is at 0.64% if I am not mistaken. The one thing I would like to know is, how do they handle currency conversion..or do you need to deposit $$$? IF we can deposit ZAR & they handle everything for 0.735% it would be epic!

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: US shares - for those with EE accounts
« Reply #23 on: July 06, 2017, 11:44:37 am »
Total transaction fee? If yes then actually very good, local equities is at 0.64% if I am not mistaken. The one thing I would like to know is, how do they handle currency conversion..or do you need to deposit $$$? IF we can deposit ZAR & they handle everything for 0.735% it would be epic!

It would seem that way. I did a rough calculation from the values on the screen. Would wait until the real deal/live site is here before getting excited. Some of their links point to JSE, Tesla for example: JSE:TSLA. So there are a few kinks they need to iron out and forgetting to add some charge might be one of them.

I had to ask them just this week why they are charging STRATE on AMIB50 ETF which was an oversight by them and they're busy refunding those they erroneously charged.

jonb

  • Full Member
  • ***
  • Posts: 122
  • Karma: +2/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #24 on: July 09, 2017, 12:02:42 pm »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.

So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3

I went about 90% US vs 10% SA about 5 years ago as I was living in the US/EU at the time

Since recently living back in SA again I have started to ( slowly & cautiously ) grow SA portfolio again as I see what companies are doing here in very few cases and believe in it for future, Overall though... if I compare my own single stock selection's growth of US portfolio vs SA over the past 5 years ( very importantly not including any growth of rand dollar decline as I am based in dollars ) the best I can say is my SA portfolio, while had a few wins overall performed like a spluttering VW Beetle!!!!! on the other hand the US portfolio ( very strongly focused on tech and healthcare stocks ) roared like a Ferrari!!

In saying that, it pays to be aware of the strong run the US has been on , Tech is at extremely high multiples, caution advised ... however well worth the research @Mr_Dividend! 

I have had some amazing growth stories over this time with both Visa & NVIDIA being some of them :TU:


czc

  • Full Member
  • ***
  • Posts: 118
  • Karma: +3/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #25 on: September 04, 2017, 09:27:44 am »
So it looks like you have to move funds offshore yourself at the moment to get USD in your EE USA account.

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: US shares - for those with EE accounts
« Reply #26 on: September 04, 2017, 10:16:11 am »
Yes I see that, and if the fees are the same as the demo account, ie 0.74% then it's actually quite expensive. When I buy VWRD on interactive brokers I pay just 0.08%.

The only benefit here is no monthly charge and no minimum account balance. Degiro offers that, but they don't allow any of the Isle of man bank accounts as most SA banks offer, and also neither of the two other EU bank accounts I opened.

Mr_Dividend

  • Hero Member
  • *****
  • Posts: 586
  • Karma: +21/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #27 on: September 07, 2017, 10:00:39 am »
It does look interesting. Slight pain for me as i would need to open a bank account with another company as Capitec does not do SWIFT. Think I would do it if I planned to stay in SA, but as we definitely emigrating, will hold off. Really want a degiro account and all that is offers.

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: US shares - for those with EE accounts
« Reply #28 on: September 07, 2017, 11:37:44 am »
I'd only recommend De Giro for smaller amounts. With their regular account they can lend your shares out to shorters with you taking the risk. With their custody account they don't but then they take 3% off your dividends.

If you have over $100k to invest there is no better broker than interactive brokers. For under that you need to work out if the $10 a month fee outweighs the 3% dividend fee of Degiro.

Where are you emigrating to?

Mr_Dividend

  • Hero Member
  • *****
  • Posts: 586
  • Karma: +21/-0
    • View Profile
Re: US shares - for those with EE accounts
« Reply #29 on: September 07, 2017, 02:47:32 pm »
Very good point - had not seen that!

Will be going to the UK - couple of years away though (probably), dependent on when our dogs die.  :'(