Best way to spend R1 million

[The_Traveller]

Property

This !

 

[TehStranger]

hookers and blow!

sonofabitch, that's my line.

Hookers and blow, if there's any leftover you can waste that.

 

[Kobus Niemand]

hookers and blow!

LOL

 

[bchip]

 

[Celine]

give it to me i know exactly how to save money in a savings account where you get the best possible interest. no touching the interest either that would be a heinous crime.

 

[Thor]

give it to me i know exactly how to save money in a savings account where you get the best possible interest. no touching the interest either that would be a heinous crime.

Will you beat inflation?

 

[OCP]

Pay off debt first, then a diversified portfolio with one of the financials (Coronation/Foord/etc)

Leave the investments to the experts unless you are willing to risk it all.

 

[KleinBoontjie]

R1 million? "Nou gat ons braai!!!"

 

[playa4life]

Just to echo what's been hinted at in this thread, a million in 2017 isn't that much money if you really think about it. If I were faced with a million to spend on a business in the hopes of it sustaining me for the rest of my life then I'd probably buy a food franchise. Probably a Steers; KFC or Debonairs.
These types of franchises almost never fail.

 

[SYNERGY]

Just to echo what's been hinted at in this thread, a million in 2017 isn't that much money if you really think about it. If I were faced with a million to spend on a business in the hopes of it sustaining me for the rest of my life then I'd probably buy a food franchise. Probably a Steers; KFC or Debonairs.
These types of franchises almost never fail.

They do. Also, you need at least 4 million +

Unless you're looking at a store that need's to be revamped & has a poor dcf.

 

[Oopsie]

The simplest and easiest way would be a parking lot. I know of one in Bellville CT that is so busy but lacks control. I was going to apply to control it with a black friend for BEEEEEE stuff but I left SA. It is still available and so is my pal that will do all the work like booms and tickets.

 

[Thor]

The simplest and easiest way would be a parking lot. I know of one in Bellville CT that is so busy but lacks control. I was going to apply to control it with a black friend for BEEEEEE stuff but I left SA. It is still available and so is my pal that will do all the work like booms and tickets.

Just for argument sake would this offer better returns than to take that R1 million bucks and buy all the DivTrax you can. Your investment will grow so capital gains and then you get dividends.

 

[JStrike]

Just for argument sake would this offer better returns than to take that R1 million bucks and buy all the DivTrax you can. Your investment will grow so capital gains and then you get dividends.

View attachment 417762

How much did DivTrax beat inflation by in 2016?

 

[Thor]

How much did DivTrax beat inflation by in 2016?

I should have added. I am looking at this assuming you don't need to access the funds immediately so not on a year basis assuming you still have a active 9 - 5 job with an primary income.

 

[Diesal]

[-]Just to confirm, what is the full name of the ETF?[/-]

Edit: NVM, I found it

 

[JStrike]

I should have added. I am looking at this assuming you don't need to access the funds immediately so not on a year basis assuming you still have a active 9 - 5 job with an primary income.

You didn't answer the question...
So then any broad ETF would be fine. Nothing special about DivTrax then. It's track record over the long term is no better than others.
And other non equity investments could produce far better results (Albeit with greater involvement or greater risks)

 

[konfab]

1) Pay off debt
2) Get plastic surgery so you can count as BEE
3) Take advantage of all the share buy in programs that every large company is forced to have
4) ??!?!?!
5) Profit?

 

[Thor]

You didn't answer the question...
So then any broad ETF would be fine. Nothing special about DivTrax then. It's track record over the long term is no better than others.
And other non equity investments could produce far better results (Albeit with greater involvement or greater risks)

Dividends

 

[JStrike]

Dividends

Irrelevant. Selling down capital on faster capital growth stock or receiving dividends on lower capital growth dividends stocks equate to the same thing. Hence you look at total growth (including dividends) to compare ETFs. And DivTrax is no better than most others.

Which is why you are not mentioning how it did in 2016 vs inflation.

And dividends is just one form of income. Many other asset classes produce an income, oftentimes far better than the dividends on DivTrax

 

[Oopsie]

I will answer that. DIVTRX had a gain of 17% over the past 12 months and that does not include the divies at all. So I can safely assume a gain of at least 21.8% with the divies reinvested.