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Question of the Day: Will you be subscribing to the new Disney+ R49 streaming package?
Easy Equities good or bad?
- Thread starter lagoaty
- Start date
Preset proportions for buying shares. So if you set it at 25% for share A, 25% for share B and 50% for share C and you buy for R1000 it will buy R250 of share A, R250 of share B and R500 of share C. The same way their baskets work as has been explained.
Geez if you need a diagram infographic to understand this it's no wonder you don't know that Pipcoins is not a pyramid scheme.
To answer the question, it's unlikely they will ever have this. With each share attracting a separate fee they can't even be breaking even on the baskets. It's likely a loss leader to attract new customers hoping most will see the advantages of buying individual shares over a pre-chosen set of stocks.
That's exactly the problem, charging the same fees while incurring extra costs.
Diesal
Expert Member
What if I had a whole list of shares, in my basket and needed to allocated some money, quickly, lets say the market is down and you need to buy like 17 shares?
Do you still think that's an unreasonable request? Or would you just tell us to go find a broker?
akescpt
Honorary Master
was just playing with this pink basket. you can actually remove stuff from the basket and it readjusts the allocated % for the rest. quite nice.
Wait explain to me wtf you guys mean.
You buy the basket right.
So you now have 50 stocks in your profile.
You want to buy 17 shares of a specific stock in your basket.
Then all you do is click on the specific stock and say buy more.
The price there is the same as for none basket purchases you just pay the basket fee once and that when you put the lumpsum down to purchase the basket initially after that the shares just lam in your account.
A more reasonable requist would he to have a new portfolio.
So. You have your normal one
Your TFSA
And your basket.
And the basket you can lumpsum in and it will automatically split between all shares.
Because currently my basket and my normal shares are all in one view.
Regarding tax returns...Anybody know which values from an EE Tax certificate (TFSA) go where on the tax return?
There are no tax numbers (eg 4219) on the EE tax certificate.
Is it necessary to complete this part of the tax return?
There are no tax numbers (eg 4219) on the EE tax certificate.
Is it necessary to complete this part of the tax return?
It's just zero zero zero if you haven't withdrawn
Say what?
e4et
Expert Member
Can anyone please explain to me what exactly their new terms and conditions mean? Am I now being forced to have money in my account for the recurring transactions, or either setting up a debit order ? And if I don't like it, they'd be happy to close my account for me?
Wait I am not sure what you mean?
You need to deposit money into your account with easyequities.co.za in order to buy shares in easyequities.co.za
e4et
Expert Member
They sent me a mail outlining their new terms and conditions. From what I understand they want to put mandatory purchases in place, by either a bedit order or having available funds in your ee account .