Best RA

L-Dog

L-Dog

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Hey Guys

Currently have a retirement annuity with PPS but I see the return since 2013 has been pretty poor. Any other options you guys can recommend and what returns did you get ?

Thanks
 
I opened a small private one for me on easyequities with the Kilimanjaro portfolio and thus far have been doing about 16% but it might be way too early to tell as I bought during the dip that was experienced during the pandemic and then just topping up monthly from there
 
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The question you have to ask yourself when investing in an RA is:

What are the fees?
Is South Africa a stable investment destination in the long term?

When you answer those questions you will find that the fees are rediculous and the long-term growth is dismal. Rather do your 65yr old self a favor and invest in businesses that operate in a stable, business friendly country and keep your debts in South Africa.
 
From today's budget speech:

1645621070357.png

It effectively means that "prescribed assets" is coming, government has been alluding to these for a while and it seems like the chickens have now come home to roost - so government can force financial institutions that manage regulation 28 pension funds/RA's to invest such savings into government organisations to fund "infrastructure".

That is a form NO from me. Not even the deferred tax advantages of a RA can convince me to tie my savings up in this government scam.
 
Sygnia skeleton 70 or 10x if you prefer double (approx) the fees than sygnia.
 
Affieplaas said:
From today's budget speech:

View attachment 1253108

It effectively means that "prescribed assets" is coming, government has been alluding to these for a while and it seems like the chickens have now come home to roost - so government can force financial institutions that manage regulation 28 pension funds/RA's to invest such savings into government organisations to fund "infrastructure".

That is a form NO from me. Not even the deferred tax advantages of a RA can convince me to tie my savings up in this government scam.
Click to expand...

But international exposure is also increased from 30 to 35%.
 
DS_ said:
Something to watch about RA...
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Stay away from any company selling "products".

Basically anyone that isn't an investment company only and sells other things like insurance on the side.

The hidden fees and bullshit and cloak and dagger approach to business will bankrupt you.

For that matter anywhere you can't go directly and need someone to facilitate is a bad idea.
 
What is a general good IRR over the past 8-10 years ?
 
Stick to what you have and swirch funds in conjunction with some sound advice or stop debit order and consider the advice from those above who are not allowed to dispense advice, above or speak to your advisor for all options to consider.
 
SureThing said:
Stick to what you have and swirch funds in conjunction with some sound advice or stop debit order and consider the advice from those above who are not allowed to dispense advice, above or speak to your advisor for all options to consider.
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As a start fire the advisor.

Will save you loads over the longer term.
 
SauRoNZA said:
As a start fire the advisor.

Will save you loads over the longer term.
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The advisor is not responsible for poor performance...the fund managers he is invested in, is. If you have not noticed markets globally have not performed and it ia expected that the US markets will have a correction pretty soon. It's easy to blame.an Advisor...we need to blame someone else dont we.
 
SureThing said:
The advisor is not responsible for poor performance...the fund managers he is invested in, is. If you have not noticed markets globally have not performed and it ia expected that the US markets will have a correction pretty soon. It's easy to blame.an Advisor...we need to blame someone else dont we.
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No, not at all.

But the advisor is responsible for giving you broad financial advice, but instead limiting you only to the product he is selling and thereby limiting you to poor performance only.

Further the advisor is yet another layer of unnecessary fees.

If you do have to make use of an advisor make sure it’s one that takes cash up front and covers the entire market, not one with a vested interest in selling products for one company.

I wasn’t referring to performance in any way shape or form and definitely not focused on the last 3ish years most people are stuck on.

Another thing. Those advisors take their money first every month when your debit order goes off, as does the company’s costs who sell you your product. Suddenly your R100 becomes only R60 invested and that makes the poor performance even worse.

Of course they still take those fees regardless of how performance did and then take their percentage on top of that when it does well too.

No, advisors along with active managers can all get ****ed. It’s a money making scam by and large.
 
SureThing said:
The advisor is not responsible for poor performance...the fund managers he is invested in, is. If you have not noticed markets globally have not performed and it ia expected that the US markets will have a correction pretty soon. It's easy to blame.an Advisor...we need to blame someone else dont we.
Click to expand...

1646200997226.png

Sounds like advisor speak to me...

My 10X fund delivered 24.8% in 2021. Growth since inception (1 Jan 2013) has been 9,8% pa.

Don't come here with 2018* excuses.

*wanted to type 2019 but it grew 14% then
 
SauRoNZA said:
No, not at all.

But the advisor is responsible for giving you broad financial advice, but instead limiting you only to the product he is selling and thereby limiting you to poor performance only.

Further the advisor is yet another layer of unnecessary fees.

If you do have to make use of an advisor make sure it’s one that takes cash up front and covers the entire market, not one with a vested interest in selling products for one company.

I wasn’t referring to performance in any way shape or form and definitely not focused on the last 3ish years most people are stuck on.
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What is the OP's thread about?
 
SureThing said:
Stick to what you have
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No you should go with the cheapest especially if you still have time https://www.mymoneytree.co.za/calculator/ra/ which will be Sygnia or Outvest. I prefer the brilliant Alchemy portal of Sygnia since I can compare the 5 year performance of 1500+ funds etc.
SureThing said:
and swirch funds in conjunction with some sound advice or stop debit order and consider the advice from those above who are not allowed to dispense advice, above or speak to your advisor for all options to consider.
Click to expand...
Lol what nonsense. This is an open forum and we're allowed to give advice which OP may or may not follow.
 
Fund fact sheets, reading is a must. Might be confusing, but once you know how, makes things a fair bit better.

Fees as others have mentioned is a killer to investments (nothing more than 1%). In SA, there are a few options 10X, Coronation, Allen Grays, EE, which you can do self investing without the middle man (needs to be compliant to RA laws in SA in terms of exposure to certain asset classes).

Also understand what risk profile you are, and not the standard one, there are better Risk profile assessors out there.
 
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