Easy Equities good or bad?

I dont have any funds on auto re-invest

If markets open... before 10am the fund prices looks a bit dodge! Lol
 
EE still on holiday ? Did a straight EFT ... Been waiting now a while ...

Tick tock .... Tick tock ...
 
zerocool2009 said:
EE still on holiday ? Did a straight EFT ... Been waiting now a while ...

Tick tock .... Tick tock ...
Click to expand...

They are extremely slow these days. I tried their new property investment system last year. Took about 5 days for an EFT to clear. I just ignored them and sent my following investments abroad and invested in REITS in the US.
 
rvZA said:
They are extremely slow these days. I tried their new property investment system last year. Took about 5 days for an EFT to clear. I just ignored them and sent my following investments abroad and invested in REITS in the US.
Click to expand...

Their site was now off too. I called them!
 
Alien333 said:
They need to implement proper procedures, or just get ISO 27001 certified in the first place, for that extra peace of mind.
Click to expand...

Mr. Savage doesn't reckon 2FA is important, can you imagine him spending money on consultants and doing months of prep to get ISO27001 certified?
 
Somewhat disappointed with EE today.

My EFT isnt reflecting today (as the EFT was done this morning, straight bank to bank).

Their reply:

1) Because of public holidays delays might happen
2) Did I use the correct EE code

Mmmmmm
 
My scheduled xfer executed yesterday and was pretty much registered almost immediately with EE. Not sure about today but unless something is up with the banks that we don't know about, I doubt something would change in 24hrs.

Mine was fnb>fnb
 
zerocool2009 said:
I dont have any funds on auto re-invest

If markets open... before 10am the fund prices looks a bit dodge! Lol
Click to expand...
I was wondering about this too. Are the dividends re-invested as soon as they're paid out? Would love to know how this works
 
How does Total return ETF works? Got Satrix MSCI and Nasdaq 100. Do they reinvest the dividend on a yearly basis by purchasing more shares on your behalf?
 
vavyn said:
How does Total return ETF works? Got Satrix MSCI and Nasdaq 100. Do they reinvest the dividend on a yearly basis by purchasing more shares on your behalf?
Click to expand...

I would think once dividends gets paid out, an auto execute is executed the next day.

I am guessing now
 
vavyn said:
How does Total return ETF works? Got Satrix MSCI and Nasdaq 100. Do they reinvest the dividend on a yearly basis by purchasing more shares on your behalf?
Click to expand...

The dividend portion that would've paid out is automatically "reinvested". You don't get more shares but the net asset value of the share increases.

So if you own 100 shares worth R1.00 each (R100.00) and it pays out a dividend of 5% will have 100 shares worth R1.05 each (R105.00) instead of 105 shares worth R1.00 each.

At least I think that's how it works.
 
vavyn said:
How does Total return ETF works? Got Satrix MSCI and Nasdaq 100. Do they reinvest the dividend on a yearly basis by purchasing more shares on your behalf?
Click to expand...

No-one really knows. I exclusively own total return ETFs, but there's a few things about them that don't add up.

If you hold, for example STXWDM, a total return etf, in a tax-free account and in a regular account, they grow by the same amount. So either you're not benefiting from the saving on South African dividend tax in your TFSA, or else you’re not paying dividend tax in your regular account (I suspect the former).

Also, if you hold them in a regular account, you should be allowed to add all of the dividend reinvestment to your base cost when the time comes to calculate capital gains tax. But it’s really difficult to figure out how much you reinvested.

So they complicate your tax wherever you hold them (dividend tax in a TFSA, and CGT in a regular account). I tried to ask Satrix about this, but couldn't get them to understand what I was asking (maybe due to my wording, or perhaps due to them not wanting to explain).
 
3WA said:
No-one really knows. I exclusively own total return ETFs, but there's a few things about them that don't add up.

If you hold, for example STXWDM, a total return etf, in a tax-free account and in a regular account, they grow by the same amount. So either you're not benefiting from the saving on South African dividend tax in your TFSA, or else you’re not paying dividend tax in your regular account (I suspect the former).

Also, if you hold them in a regular account, you should be allowed to add all of the dividend reinvestment to your base cost when the time comes to calculate capital gains tax. But it’s really difficult to figure out how much you reinvested.

So they complicate your tax wherever you hold them (dividend tax in a TFSA, and CGT in a regular account). I tried to ask Satrix about this, but couldn't get them to understand what I was asking (maybe due to my wording, or perhaps due to them not wanting to explain).
Click to expand...

justonelap.com

ETF: Total return ETFs explained - Just One Lap

What is a total return ETF, who might benefit from them and why tax might be problematic.
justonelap.com justonelap.com
 
Swa said:
It's higher than the peak. How have you made a loss?
Click to expand...
I need to delve into my fail transactions between altcointrader and Luno to see what I did. I remember holding a lot of ETH and XRP. So my best guess is those fell harder than bitcoin, which is why I'm still behind. I remember getting to a stage where I decided that sort of trading isn't for me, so I sold everything and just put the crumbs I had left in the ETF.
 
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