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KAP

Resource shares in general are probably a "better" bet if you are willing to risk it.

Those who look at stats may ponder the under mentioned numbers

ALSI hit an all time high 55,298.92 on 24/4/2015 and is currently sitting at 51.649.14 - which is quite a retracement (probably affected by the stronger Rand)
Top40 hit an all time high 49,192.90 on 4/12/2015 and is currently sitting at 44,618.67 - again quite a sizeable retracement

On my personal portfolio I have budgeted an 18% annual increase in the portfolio value growth - I missed out in 2007 and 2008 but have more than recovered these shortfalls, however last year my growth was almost half the budget figure and though February to date has been more than satisfactory I think the rest of the year could be flat and possibly even go into decline for the year. I think our market is going to take some battering due to political issues rather than fundamentals - so expect another year at least of rocky roads - especially as we have ANC changing of the guards at the end of this year and then a run up to 2019 national elections 

Everything has been going for a ball of cr@p since Orca upped and left  . Even CML does not make u a profit anymore.

KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.

DbxJP fcked.
dbxwd fcked.
STXIND fcked.

Stick with your STXIND and DBXWD both are long term investments - the old adage time in the market, not timing the market needs to be heeded - on my INDI I am still up 45% - and simply if this economy is to improve then the INDI will be the first to improve. The DBXWD is your backstop - if Zuma and his corrupt cadres bullet Gordhan then the Rand will see its ar%$ and you will be thankful for being in this DBX - I too am taking some pain on DBXWD but only .6% at present so can sit out the volatility

So play the long game 

Quote from: Thor187 on February 27, 2017, 08:11:47 pm

KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.

DbxJP fcked.
dbxwd fcked.
STXIND fcked.

Stick with your STXIND and DBXWD both are long term investments - the old adage time in the market, not timing the market needs to be heeded - on my INDI I am still up 45% - and simply if this economy is to improve then the INDI will be the first to improve. The DBXWD is your backstop - if Zuma and his corrupt cadres bullet Gordhan then the Rand will see its ar%$ and you will be thankful for being in this DBX - I too am taking some pain on DBXWD but only .6% at present so can sit out the volatility

So play the long game

You really reckon Indi is the place to be over NFEMOM or CTOP50? Feels like we shifted back to resources being the best place to be (I use that term very very loosely)

Quote from: gcr on February 27, 2017, 09:55:38 pm

Quote from: Thor187 on February 27, 2017, 08:11:47 pm

KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.

DbxJP fcked.
dbxwd fcked.
STXIND fcked.

Stick with your STXIND and DBXWD both are long term investments - the old adage time in the market, not timing the market needs to be heeded - on my INDI I am still up 45% - and simply if this economy is to improve then the INDI will be the first to improve. The DBXWD is your backstop - if Zuma and his corrupt cadres bullet Gordhan then the Rand will see its ar%$ and you will be thankful for being in this DBX - I too am taking some pain on DBXWD but only .6% at present so can sit out the volatility

So play the long game

You really reckon Indi is the place to be over NFEMOM or CTOP50? Feels like we shifted back to resources being the best place to be (I use that term very very loosely)

I don't hold any resources shares as my take on sunny RSA is that as soon as we get improved prices on resources we end up with strikes and all sorts of delays in actually getting the ore out of the ground. The government has mouthed off about beneficiation for years and gets no closer to doing anything in this direction as it is just not viable as labour costs are exorbitant and we have a lazy workforce who find more satisfaction in striking than in doing an honest days work. So in reality (my opinion) resources will not be the countries saviour and we need to look elsewhere, also with the latest tax disincentives who will really want to take on investment risk.     

Quote from: gcr on February 28, 2017, 10:15:04 am

Quote from: Hamster on February 28, 2017, 05:28:13 am

Quote from: gcr on February 27, 2017, 09:55:38 pm

Quote from: Thor187 on February 27, 2017, 08:11:47 pm

KAP, RLF, AXL all served me pretty good. But yes since Zuma and Gupta everything went to shiat. pretty much everything till November 2016.

DbxJP fcked.
dbxwd fcked.
STXIND fcked.

Stick with your STXIND and DBXWD both are long term investments - the old adage time in the market, not timing the market needs to be heeded - on my INDI I am still up 45% - and simply if this economy is to improve then the INDI will be the first to improve. The DBXWD is your backstop - if Zuma and his corrupt cadres bullet Gordhan then the Rand will see its ar%$ and you will be thankful for being in this DBX - I too am taking some pain on DBXWD but only .6% at present so can sit out the volatility

So play the long game

You really reckon Indi is the place to be over NFEMOM or CTOP50? Feels like we shifted back to resources being the best place to be (I use that term very very loosely)

I don't hold any resources shares as my take on sunny RSA is that as soon as we get improved prices on resources we end up with strikes and all sorts of delays in actually getting the ore out of the ground. The government has mouthed off about beneficiation for years and gets no closer to doing anything in this direction as it is just not viable as labour costs are exorbitant and we have a lazy workforce who find more satisfaction in striking than in doing an honest days work. So in reality (my opinion) resources will not be the countries saviour and we need to look elsewhere, also with the latest tax disincentives who will really want to take on investment risk.   

Fair enough. But that's the reason I don't like sector ETFs like INDI or RESI. I prefer those that "auto adjust". Latest SENS update showed NFEMOM dropping a couple of resource shares (and Clicks altogether btw...Was the largest constituent before that).

Certainly curious about the dropping of Clicks as I'm showing 172.9% share price growth since purchasing in 2011