Easy Equities good or bad?

[Hamster]

OK we get it. Investing on international platforms are better. Good to know.

Now move on and make a separate thread for that discussion.

 

[DA-LION-619]

Registered. Anybody got a noobs guide to investing?

 

[Hamster]

Registered. Anybody got a noobs guide to investing?

Other than the countless threads?

Buy ETFs
Don't sell
Push money into TFSA first
Diversify - DBXWD, NFSWIX/MAPPSG, PTXTEN


...and after you've invested for the month, close the web browser and don't look at it. In fact, don't look at your gains and losses for the next two years.


Other than that - justonelap.com . ABSA Stockbrokers have a series of 11 YouTube videos some of which might be useful.

Also The Money Show on 702

 

[DA-LION-619]

Other than the countless threads?

Buy ETFs
Don't sell
Push money into TFSA first
Diversify - DBXWD, NFSWIX/MAPPSG, PTXTEN


...and after you've invested for the month, close the web browser and don't look at it. In fact, don't look at your gains and losses for the next two years.

Thanks

 

[Hamster]

Thanks

...and don't go into the Stock Watch thread. There be dragons. No really, there's some really bad advise and ongoings there.

I've seen it a couple if times now (myself included): the moment you start buying shares you buy all sorts of crap because of what others are saying, be it threads, family or the news.

And then you start losing money and decide it us a good idea to sell and reinvest. And then you hear of all these other potential shares you never heard of before like NEP and SGL and start buying them.

Before you know it you become "addicted" to buying shares.

So that's why we say buy and forget.



AND GOLD IS NOT YOUR SAVIOUR!

 

[FxJalarupa]

Registered. Anybody got a noobs guide to investing?

Quiet simply you need to search for stocks that have a High Earnings Yield (earnings yield is the inverse of PE ratios)

and whilst the above criteria has been met the stock should also command a high return on capital invested... So a high ROE (Return on Equity)

Where these two criteria are met, you can then employ simple technical analysis and industry analysis to best determine value - Best price for the future prospects of the counter that you wish to invest in...

There is a nice stock screener by Google (https://www.google.com/finance#stockscreener) you can select the JSE and start narrowing down your search for the best stocks...

Then head on over to investopedia.com and start learning what all these fancy new financial terminologies and jargon means... start with stuff said in this post...

JustOneLap is a great resource as mentioned for local colour, you can also look into Youtube for learning more about the various technical indicators and fundamental metrics for price/value discovery...

Remember this... in investing price is what you pay and value is what you get - Ben Graham

You can also download a few of Ben Graham's books and read those to discovery the art in value investing... (which is making a wonderful comeback in 2016)

 

[FxJalarupa]

AND GOLD IS NOT YOUR SAVIOUR!

Poppycock! - You joking right?

If you had been invested in Gold or Gold JSE counters this year you would have done 300% in 2 months...

Gold is and always will be the ultimate store of value... Market is Risk-off and Gold counters run... So do not discount Gold and Gold counters as a way to hedge your portfolio against downside risk...

Look-up the historic correlation between gold and the stock market.... Hint its near 0... Diversification anyone?

 

[Hamster]

Poppycock! - You joking right?

If you had been invested in Gold or Gold JSE counters this year you would have done 300% in 2 months...

Gold is and always will be the ultimate store of value... Market is Risk-off and Gold counters run... So do not discount Gold and Gold counters as a way to hedge your portfolio against downside risk...

Look-up the historic correlation between gold and the stock market.... Hint its near 0... Diversification anyone?

You honestly going to tell a new just out of uni investor to invest in gold because it's been doing good in the last 2 months? This is exactly my point... if you are starting out, invest in ETFs and don't take advise from strangers on the internet (especially those with FX in their username)

 

[Hamster]

There is a nice stock screener by Google (https://www.google.com/finance#stockscreener)

I did not know about this, pretty cool.

 

[FxJalarupa]

You honestly going to tell a new just out of uni investor to invest in gold because it's been doing good in the last 2 months? This is exactly my point... if you are starting out, invest in ETFs and don't take advise from strangers on the internet (especially those with FX in their username)

I never said "Invest in gold"

You said "It's not your savoir"... I am arguing against your logic... not recommending it as a core holding but as a portfolio hedge or diversify tool...

Its okay though hammy, I'm happy to keep schooling till it sinks in...

 

[Hamster]

I never said "Invest in gold"

You said "It's not your savoir"... I am arguing against your logic... not recommending it as a core holding but as a portfolio hedge or diversify tool...

Its okay though hammy, I'm happy to keep schooling till it sinks in...

It was a comment on the theme that "Gold is everything" in the stock watch thread.

And you can take your condescending to offshore and keep it there with the other clones.

 

[ashcro11]

I have had absolutely no service from EasyEquities - therefore I would have to say they are a dodgy company, and advise anyone to stay well clear of them. They took my money when they first started off, now they require me to send them FICA documents to prove I am who I say I am?! That was 2 months ago. I've gotten no responses from their online email form, nor have I gotten a response from their direct email address, their live chat doesn't work/has no agents to answer, and I can't locate a contact phone number as their website keeps taking me to the FICA page! Please people DO NOT give EasyEquities your hard earned money! Rather go onto FNB, you can buy and sell shares there and they are safe and legit. You have been warned!

 

[Hamster]

I have had absolutely no service from EasyEquities - therefore I would have to say they are a dodgy company, and advise anyone to stay well clear of them. They took my money when they first started off, now they require me to send them FICA documents to prove I am who I say I am?! That was 2 months ago. I've gotten no responses from their online email form, nor have I gotten a response from their direct email address, their live chat doesn't work/has no agents to answer, and I can't locate a contact phone number as their website keeps taking me to the FICA page! Please people DO NOT give EasyEquities your hard earned money! Rather go onto FNB, you can buy and sell shares there and they are safe and legit. You have been warned!

Not that difficult...

https://www.easyequities.co.za/ContactUs



I've had nothing but good service from then.

 

[konfab]

I have had absolutely no service from EasyEquities - therefore I would have to say they are a dodgy company, and advise anyone to stay well clear of them. They took my money when they first started off, now they require me to send them FICA documents to prove I am who I say I am?! That was 2 months ago. I've gotten no responses from their online email form, nor have I gotten a response from their direct email address, their live chat doesn't work/has no agents to answer, and I can't locate a contact phone number as their website keeps taking me to the FICA page! Please people DO NOT give EasyEquities your hard earned money! Rather go onto FNB, you can buy and sell shares there and they are safe and legit. You have been warned!

**20 Ebucks have been deposited into your account**

 

[thehuman]

fica as easy for me

 

[Swa]

You're still stuck on FICA? Don't have a document you can download and send to them? Or something you can "draw up"?

 

[Swa]

EE quoting Sibanye @ R56.39 again. Real price was R54.60.

 

[Eti1]

Hi all. Noob here, who has taken the time to read this entire thread. And I must say I have learned a great deal, so thanks to all the contributors. I just have one nooby question, though.

What exactly is a "ring-fence" company? And why would that be good for ee users?

 

[Hamster]

Hi all. Noob here, who has taken the time to read this entire thread. And I must say I have learned a great deal, so thanks to all the contributors. I just have one nooby question, though.

What exactly is a "ring-fence" company? And why would that be good for ee users?

Means that it is a company that cannot be touched by creditors etc. if EE should go bankrupt. Your fractional shares are held there.

 

[Eti1]

Confused

Means that it is a company that cannot be touched by creditors etc. if EE should go bankrupt. Your fractional shares are held there.

Not saying you are wrong. But this http://today.moneyweb.co.za/dm-article?id=508083#.VtAjI9DMKO5 shows a different understanding of ring-fencing. So now I am confused..