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Author Topic: What did you do with your TFSA?  (Read 14782 times)

Mr_Dividend

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What did you do with your TFSA?
« on: April 30, 2015, 10:23:31 am »
Grindrod Div R5000
Stx INDI R10 000
STX FINI R5000
STX Divi R5000 (bought for a small exp to resources)
DBXUS R2500
DBXEU R2400

Will be very interested to compare this to my main account - might convince me to switch to ETF's for everything.
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Orca

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Re: What did you do with your TFSA?
« Reply #1 on: April 30, 2015, 11:23:43 am »
Good choices. Not too sure about timing though. The INDI is set for a correction. UK polls in 2 weeks might not be good for EU.
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jaDEB

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Re: What did you do with your TFSA?
« Reply #2 on: April 30, 2015, 11:46:38 am »
TFSA is ?
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jaDEB

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Mr_Dividend

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Re: What did you do with your TFSA?
« Reply #3 on: April 30, 2015, 12:54:09 pm »
TFSA - Tax free saving account

Orca - I am useless at timing - just want to "spend" it straight away.
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Hamster

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Re: What did you do with your TFSA?
« Reply #4 on: April 30, 2015, 11:00:54 pm »
I went similar:

STXIND R10k
STXFIN R5k
DIVTRX R5k

Which leaves me with another R10k to play with. Might go full R10k into DBXWD, but on the other hand I can push it into DIVTRX as well and go DBXWD and PTXTEN next year.....decisions decisions.

And yes, it seems like I suffer from poor timing as well.
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Junz

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Re: What did you do with your TFSA?
« Reply #5 on: May 01, 2015, 03:27:36 pm »
How did you invest in these shares /

Did you go via satrix  or a different company ?

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Orca

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Re: What did you do with your TFSA?
« Reply #6 on: May 01, 2015, 05:35:10 pm »
Quote from: Mr_Dividend on April 30, 2015, 12:54:09 pm
TFSA - Tax free saving account

Orca - I am useless at timing - just want to "spend" it straight away.

A good idea is to buy below the middle Bollinger Band. Then you might also miss the boat and the price today at the top band might be the same price at the middle band next week.
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Mr_Dividend

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Re: What did you do with your TFSA?
« Reply #7 on: May 01, 2015, 08:41:25 pm »
Quote from: Junz on May 01, 2015, 03:27:36 pm
How did you invest in these shares /

Did you go via satrix  or a different company ?

easyequities.co.za - you get a TFSA account as well as a normal trading account - no monthly fees, from what I have seen and compared, best deal around. IMO
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Mr_Dividend

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Re: What did you do with your TFSA?
« Reply #8 on: May 01, 2015, 08:47:56 pm »
Quote from: Hamster on April 30, 2015, 11:00:54 pm
I went similar:

STXIND R10k
STXFIN R5k
DIVTRX R5k

Which leaves me with another R10k to play with. Might go full R10k into DBXWD, but on the other hand I can push it into DIVTRX as well and go DBXWD and PTXTEN next year.....decisions decisions.

And yes, it seems like I suffer from poor timing as well.

My mantra is "time in the market, not timing the market" - cannot remember who came up with it, but it saves me the hassle/anguish of trying to time.

I really am a crap investor

  :D
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gcr

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Re: What did you do with your TFSA?
« Reply #9 on: May 01, 2015, 09:49:56 pm »
Quote from: Orca on April 30, 2015, 11:23:43 am
Good choices. Not too sure about timing though. The INDI is set for a correction. UK polls in 2 weeks might not be good for EU.
If you are referring to the STXINDI why would it have a correction in itself, the counters that it tracks would all need to drop to have a substantial effect on its own price. Maybe explain your statement = Thanks
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Hamster

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Re: What did you do with your TFSA?
« Reply #10 on: May 01, 2015, 11:20:47 pm »
Quote from: Junz on May 01, 2015, 03:27:36 pm
How did you invest in these shares /

Did you go via satrix  or a different company ?

Easy Equities as well. Simplest and cheapest eay to do it (and no paperwork) ;)
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Patrick

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Re: What did you do with your TFSA?
« Reply #11 on: May 02, 2015, 09:22:51 am »
1 is a yes, and on 2 it appears that you could.
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Orca

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Re: What did you do with your TFSA?
« Reply #12 on: May 02, 2015, 10:57:40 am »
Quote from: gcr on May 01, 2015, 09:49:56 pm
Quote from: Orca on April 30, 2015, 11:23:43 am
Good choices. Not too sure about timing though. The INDI is set for a correction. UK polls in 2 weeks might not be good for EU.
If you are referring to the STXINDI why would it have a correction in itself, the counters that it tracks would all need to drop to have a substantial effect on its own price. Maybe explain your statement = Thanks

The INDI sector is overbought in the short term so the sector needs to correct. Sectors often become the flavour of the month or year and will do well as did the property sector.  Sometimes badly as the RESI sector.
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residentsa

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Re: What did you do with your TFSA?
« Reply #13 on: May 03, 2015, 07:14:22 am »
Deciding to start with 2.5k in STXFIN from this month and to alternate with DBXUS and STXSWX so that in next 12 months to come, I would have 10K each in these 3. Review after 12 months.
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Orca

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Re: What did you do with your TFSA?
« Reply #14 on: May 03, 2015, 12:11:41 pm »
Quote from: qriffin on May 03, 2015, 10:54:49 am
3. Are you able to short ETF's?

I'm sure you could as you can do futures on JSE sector indexes like the J21.
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