Easy Equities good or bad?

B-1 said:
Pick one of the s&p etf's and only invest in that one going further. You can look at adding other etf's like these instead to broaden the exposure:

Sygnia Itrix MSCI Japan Index ETF
Satrix MSCI China ETF
Sygnia Itrix 4th Industrial Revolution Global Equity ETF
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Stay away from MSCI China!
 
TedLasso said:
So I am a bit dom when it comes to investing as I don't have time to research stuff but for my children did put what we save for them (and what they get from other family members) into their own TFSA and invested in US predominantly.

My kids got another R36K from their grandparents and I need to invest it but thinking I am too much into one market (US) even though it has been great to their portfolio. Of course this is the kids money's (which I wish I had) so it is long term

Currently invested in:
  1. 1nvest S&P 500 Info Tech (up about 22%)
  2. Satrix MCSI world (up about 47%)
  3. Satrix Nasdaq 100 (up 64%)
  4. Satrix S&P 500 (up 64%)
  5. Sygnia S&P 500 (up 38%)
  6. Sygnia 4th Industrial Revolution (down 4%)
Don't ask my why I chose different providers for S&P 500 !! Don't know which is the most cost effective one.

Any tips on what TFSA friendly ETFs to look at ?

FWIW, in non-TFSA, invested some of their birthday money, 2 years ago into EC10, which was down 60% for nearly all the time since investing it. Bitcoin crashed in the week that the purchase was made. Today for the first time, I see it is green - up 13%. That bitcoin rally is helping!
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If I remember... the 1nvest has the cheapest fees. Either way figure out which one is the cheapest and use that one.
 
Scooby_Doo said:
If I remember... the 1nvest has the cheapest fees. Either way figure out which one is the cheapest and use that one.
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Stupid question: So if I want to consolidate all the S&P 500 I have for the account, I would need to sell the existing holdings and then buy again into the 1nvest (for example)? Is it as simple as that?

I guess the only issue is I see, is I will lose money in the trading of it, and most important, I will lose 'history' of gains made since inception of the accounts. But that could be ok.

Need to do some research in MSCI China and other ETF's recommended.

Thx Chaps!
 
TedLasso said:
Stupid question: So if I want to consolidate all the S&P 500 I have for the account, I would need to sell the existing holdings and then buy again into the 1nvest (for example)? Is it as simple as that?

I guess the only issue is I see, is I will lose money in the trading of it, and most important, I will lose 'history' of gains made since inception of the accounts. But that could be ok.

Need to do some research in MSCI China and other ETF's recommended.

Thx Chaps!
Click to expand...

My view yes, as in the selling question. Its different providers
 
TedLasso said:
Stupid question: So if I want to consolidate all the S&P 500 I have for the account, I would need to sell the existing holdings and then buy again into the 1nvest (for example)? Is it as simple as that?

I guess the only issue is I see, is I will lose money in the trading of it, and most important, I will lose 'history' of gains made since inception of the accounts. But that could be ok.

Need to do some research in MSCI China and other ETF's recommended.

Thx Chaps!
Click to expand...

As simple as that yes. I would just worry about the performance based on growth in the account overall based on deposits.

It's a better reflection of overall performance.
 
TedLasso said:
Stupid question: So if I want to consolidate all the S&P 500 I have for the account, I would need to sell the existing holdings and then buy again into the 1nvest (for example)? Is it as simple as that?

I guess the only issue is I see, is I will lose money in the trading of it, and most important, I will lose 'history' of gains made since inception of the accounts. But that could be ok.

Need to do some research in MSCI China and other ETF's recommended.

Thx Chaps!
Click to expand...

Do the maths on TER costs each S&P 500 fund vs cost of selling and buying. It may take years to make up the costs, so selling might not be the best idea.
 
cr@zydude said:
Do the maths on TER costs each S&P 500 fund vs cost of selling and buying. It may take years to make up the costs, so selling might not be the best idea.
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Thanks, I think I will be spending some free time on checking this out. Really wasnt paying attention the few times I bought.
 
Sold most on EE with loss. Nothing to do with EE platform as it is still the best but bad choices on china & emerging markets and so on.
 
cr@zydude said:
Do the maths on TER costs each S&P 500 fund vs cost of selling and buying. It may take years to make up the costs, so selling might not be the best idea.
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If you going to hold these funds for decades, which sounds like you will as its for a child, then I wouldn't worry about the transaction fees, swop out now.
 
Quick Q, do you pay tax if you sell a share and make profit, but don’t withdraw the money to a bank account. Ie the money sits in your cash account waiting for a lower price entry at a later date.

Or, does tax only come into effect once money is withdrawn to a bank account?
 
Basically I’ve sold a lot of EC10 at a good profit and hope to buy again at a lower price in the future.
 
Hendrix said:
Quick Q, do you pay tax if you sell a share and make profit, but don’t withdraw the money to a bank account. Ie the money sits in your cash account waiting for a lower price entry at a later date.

Or, does tax only come into effect once money is withdrawn to a bank account?
Click to expand...

It's a taxable event on selling or trading for another token (in terms of crypto trading). So yes, unfortunately taxable. EE should give you a statement at the end of the tax year.
 
Hendrix said:
Quick Q, do you pay tax if you sell a share and make profit, but don’t withdraw the money to a bank account. Ie the money sits in your cash account waiting for a lower price entry at a later date.

Or, does tax only come into effect once money is withdrawn to a bank account?
Click to expand...
There's a taxable event every time you sell
 
Hendrix said:
Quick Q, do you pay tax if you sell a share and make profit, but don’t withdraw the money to a bank account. Ie the money sits in your cash account waiting for a lower price entry at a later date.

Or, does tax only come into effect once money is withdrawn to a bank account?
Click to expand...

Is this a tfsa or not?

You can sell … and sars say the first R40 000 per year is taxfree. (As in dont pay anything)
 
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