Easy Equities good or bad?

surface

Honorary Master
Joined
Oct 23, 2006
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26,594
Your with EE, I'm with Absa
We both have 22K shares of TON each
In that pic above i hit sell market 22K TON & i'm done in a second.
Where are you?
You get to sell 200 then must fire off an email?
I am nowhere dude. LOL. I don't have 22K shares to sell or buy. EE suits me. Absa suits you. Different strokes for different folks. I went through almost entire thread since yesterday and while EE is problematic in some scenarios, it has its place. In my opinion. Almost a novice in this though.
 

Swa

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May 4, 2012
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31,213
You can only specify share quantity on a buy, not a sell, so in theory you should be able to round up with a buy. One of the previous posts says that doesn't work so well either. I've never tested.
The problem is when you specify shares they convert it into Rands and then use the Rand value. With market fluctuations you still end up with a fractional share.

2. Just have a will. If you don't you forfeit your asset to the state. In this case they probably won't realise you are dead and the shares will just lie there forever.
Not true. Only if you have no relatives at all. It's still a good idea even if you have a will to include it somewhere. But I won't list it in the will as that's too static to change if circumstances change.
 

Speedster

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May 2, 2006
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The problem is when you specify shares they convert it into Rands and then use the Rand value. With market fluctuations you still end up with a fractional share.


Not true. Only if you have no relatives at all. It's still a good idea even if you have a will to include it somewhere. But I won't list it in the will as that's too static to change if circumstances change.
What's wrong with having fractions?
 

Speedster

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May 2, 2006
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21,675
well for 1, afaik you dont get fractional dividends
You make that one up yourself, or were you lied to buy someone else?

Do I receive dividends for the fractional share rights?

Yes. Dividends are paid out on whole shares as well as the Fractional Share Rights of that share.

The dividend paid out on fractional share rights will be the dividend per share issued by the company in proportion to your fractional holding.

 

Quicks

Expert Member
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May 29, 2017
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3,151
So I bought ETF's in the following:
Satrix top 40
4th industrial revolution

What else should I focus on next, or just keep pumping money in those two?
 

cr@zydude

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Jul 20, 2008
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10,515
Msci world and MSCI China would give some good diversification

That's where most of my money goes.

@Quicks MSCI World is a developed market index which covers 23 countries: https://www.msci.com/World
The largest market missing from MSCI World is China. MSCI China covers shares on China's Shanghai and Shenzhen exchanges, as well as listed in Hong Kong. Hong Kong shares are also listed in MSCI World.
 

Excalibur

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Apr 29, 2007
Messages
5,622
That's where most of my money goes.

@Quicks MSCI World is a developed market index which covers 23 countries: https://www.msci.com/World
The largest market missing from MSCI World is China. MSCI China covers shares on China's Shanghai and Shenzhen exchanges, as well as listed in Hong Kong. Hong Kong shares are also listed in MSCI World.
MSCI Emerging Markets would cover China right?
 

homeboy

Senior Member
Joined
Jun 10, 2009
Messages
947
I don't know how equities work but I bought shares in gold companies I can only see my initial amount went up from 190 to 210. It could be good a R20 profit? That's for 2 months.
 

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,594
I don't know how equities work but I bought shares in gold companies I can only see my initial amount went up from 190 to 210. It could be good a R20 profit? That's for 2 months.
well, with shares, you could lose everything or have 10000% + profit so 20 rand is within that range.
 
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