Easy Equities good or bad?

Neo_X said:
well i recently took a trading statement from them, and since November they did about 30,000 trades on the website + -10,000 per month, hopefully growing :)

so i think their systems just needs to keep up.
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Not bad :)
 
Thor187 said:
I am using MSN Finance now, holy mother of god, guys go check it out, you can tract multiple portfolios including profits by emtering your transactions you can get price alerts etc !!


Absolutely marvellous compared to google.
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But you can track transaction on Google Finance as well.

But how do you get the Alerts on MSN?
 
SauRoNZA said:
But you can track transaction on Google Finance as well.

But how do you get the Alerts on MSN?
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Google finance just plain sucks the more I use MSN the more I realize how amateur Google finance apps are.


I looked now wondered why I am not getting alerts I see now they removed the feature with the new update and I dont see it on the website anymore either.
 
Thor187 said:
Google finance just plain sucks the more I use MSN the more I realize how amateur Google finance apps are.


I looked now wondered why I am not getting alerts I see now they removed the feature with the new update and I dont see it on the website anymore either.
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I don't see how you are so easily convinced by MSN.

I don't find charts or anything special on MSN.

****

Oh I see you click it and it shows up.

I for the life of me can't add my Sasol shares and end up with the correct values though.
 
SauRoNZA said:
I don't see how you are so easily convinced by MSN.

I don't find charts or anything special on MSN.
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The app is brilliant I use MSN for my portfolio and google finance for charts because it is default with eaayequities
 
Shi@t did you guys check to make sure your shares are akk there?
 
Thor187 said:
Shi@t did you guys check to make sure your shares are akk there?
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all share transactions matches with my holdings currently- well at least on a few spot checks(i keep an excel record as well as saving all "invoices"

Did about 447 trades since October, and all 66,658.32715 shares is accounted for. Now can they please start making me money :P
 
Neo_X said:
all share transactions matches with my holdings currently- well at least on a few spot checks(i keep an excel record as well as saving all "invoices"

Did about 447 trades since October, and all 66,658.32715 shares is accounted for. Now can they please start making me money :P
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Mother of noodledicks
 
Neo_X said:
some shares are very cheap.

in hindsight - should probably have avoided those :/
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Hahaha true.

I wonder how much money one would have to invest to be able to draw an income of dividends of that's even possible ?

I saw somewhere on justonelap.com a webinar speaking of a income portfolio
 
Thor187 said:
Hahaha true.

I wonder how much money one would have to invest to be able to draw an income of dividends of that's even possible ?

I saw somewhere on justonelap.com a webinar speaking of a income portfolio
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hmm also not up to date on that - dividends is based on a percentage of the share price?
sigh i need to watch that video it seems
quick calculation on grindrod:

gave 10% dividend according to MSN
current share price 76.20
thus dividend is R7.62 per share.

rough calc you will need R3,960,000.00 (or 51968 shares) to get a dividend equivalent to R28,000 after tax(15%?) per month.
this assumes that dividends will stay the same and share price constant - which it doesn't.

*edit* Divident tax was adjusted to 15%
if it wasn't evident in the post, please don't go and buy Grindrod now - i'm not a expert at all :P
 
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Received this email when I asked about the Share ownership:

Good Day (My Name went here),

Thank you for query.

Easy Equities has to comply with certain regulations regarding the requirement to have adequate net capital and asset protection. GT247.com segregates your securities holdings and cash in your account, meaning it keeps your assets separate from the company's own assets. In addition, Easy Equities will hold all client assets in First World Trader Nominees (Proprietary) Limited, which is a ring fenced, private, limited liability company with registration number 2013/091397/07, registered in accordance with the company laws of South Africa and approved as a nominee company to hold assets in its name on behalf of clients by the FSB. When you purchase Whole Securities, you become the beneficial (true) owner of all those Whole Securities, which will be held by FWT Nominees on your behalf. FWT will ensure that you are reflected as the beneficial owner of your Whole Securities in our books of account.

Kind Regards

(Her Name went here)
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that is indeed interesting and makes EE a perfect solution for us non-traders :)
just wish they would publicise that a bit more on their website and docs, so that it does not come up as hearsay if ever the worst was to happen.

btw, anyone move from absa to them and can provide details about costing for the move??
 
lucifir said:
that is indeed interesting and makes EE a perfect solution for us non-traders :)
just wish they would publicise that a bit more on their website and docs, so that it does not come up as hearsay if ever the worst was to happen.

btw, anyone move from absa to them and can provide details about costing for the move??
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I didn't really have to email them. because it is detailed in their FAQ and at the bottom of every page:

EEshares.jpg


lucifir said:
btw, anyone move from absa to them and can provide details about costing for the move??
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I haven't moved shares from one platform over, but I can tell you getting money in is easy it takes 2 days if you do it from Capitec and getting money out is easy too it takes between 1 day and 2 days to get it out to my Capitec account.
 
lucifir said:
that is indeed interesting and makes EE a perfect solution for us non-traders :)
just wish they would publicise that a bit more on their website and docs, so that it does not come up as hearsay if ever the worst was to happen.

btw, anyone move from absa to them and can provide details about costing for the move??
Click to expand...


I did, last year November. It was R171 per holding. I thought it would be R171 for the complete transfer. Nope. Still turned out cheaper than waiting and paying the yearly fee.

What works for me with EE:
- there are no running fees
- the cost of buying is proportional so no need to stretch yourself just to keep cost percentage low as with other minimum rate brokerages
 
thanks for the info @thor187 and @BloodBurner9000 .
I never saw that part before about whole share ownership, and it does seem like a lot more secure than I had thought.

As for Absa, I agree, it probably will end up being cheaper to pay the transfer for each security than to stick with them.
Will definitely look a little more closely into EE and consider moving to them soon.
 
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lucifir said:
thanks for the info @thor187 and @BloodBurner9000 .
I never saw that part before about whole share ownership, and it does seem like a lot for secure than I had thought.

As for Absa, I agree, it probably will end up being cheaper to pay the transfer for each security than to stick with them.
Will definitely look a little more closely into EE and consider moving to them soon.
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Don't worry it took me a while to actually spot it.
 
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