Financial Advice

I'm with Standard Bank and make use of their ASI ( automatic share investing) via their internet banking.
it's takes the complexity out out full blown share trading.
You pick a share from the limited list...I think there are 40 shares to choose from? set your minimum monthly debit (R500)...and off you go.
I'm currently buying 7 different shares, but Satrix seem to be doing rather well.....
 
Speedster said:
Just a headsup - marco is infamous for spewing forth nonsense. Take everything he says with a couple of pinches of salt.
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Can you prove me incorrect? If so, please do so. The OP wants to start TRADING with NO experience. This is why I suggested SATRIX IND that has been the best ETF for many years. He should start with this safe investment and learn when to get in and when to wait for dips and so forth while he reads and learns. And reads more on charting and indicators before he goes to single stocks futures.
 
nakedpeanut said:
At times yes..

But his advice here is actually very good!
Putting your money on the stock exchange is never a safe bet. You never know what financial crisis is around the corner. But by investing ETF you are effectively investing in a market tracker for that segment. It diversifies you over various companies and definitely reduces your risk.

The majority are on the up now, and I'm not a fan of putting all your cash into the market at once. Sometimes it can work out, but I don't think that's ever very smart.

I've been putting cash monthly into EFT's split between (STX 40, INDI, DIVI, Proptrax and FINI) since last year June and they've done quite well. All re-invested of course! and doing average across the board of 23%.

Don't try time the market that hardly ever works out!
I would recommend you start by reading a couple investment books and even the sharnet forum as suggested.

EDIT: Just a note I'm not a professional trader or anything. Just sharing my experience.
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Thanks for the heads up but please sell your STX40 and add it to STXIND. The TOPI is just too volatile. The TOPI have done their run and that is why they are the TOPI. The STXIND sector or the Medium CAPS are the future Large Caps. So this is the sector for major gains.
 
marco said:
Thanks for the heads up but please sell your STX40 and add it to STXIND. The TOPI is just too volatile. The TOPI have done their run and that is why they are the TOPI. The STXIND sector or the Medium CAPS are the future Large Caps. So this is the sector for major gains.
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I have actually been contemplating doing just that but not all into INDI, was going to split it into INDI and FINI.
 
marco said:
Thanks for the heads up but please sell your STX40 and add it to STXIND. The TOPI is just too volatile. The TOPI have done their run and that is why they are the TOPI. The STXIND sector or the Medium CAPS are the future Large Caps. So this is the sector for major gains.
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And major losses. You always fail to mention that part. The medium caps are indeed the future large caps, but they are also the future small caps.
 
Major losses happens only if you don't keep abreast of financial news and do not apply Stop Losses.
Anyway. The managers of STX funds keep researching all day every day so rest asured. They will not pick stocks that smell bad or stocks in risky sectors.
 
marco said:
The managers of STX funds keep researching all day every day so rest asured. They will not pick stocks that smell bad or stocks in risky sectors.
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Hmmm...Satrix are passive index trackers...what do they pick or research?
 
undesign said:
Hmmm...Satrix are passive index trackers...what do they pick or research?
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I was also sitting and pondering that one. Satrix Top40, INDI, FINI and RESI just track indexes according to the constituents companies market caps.

Satrix Divi and RAFI do track indexes but those indexes are "researched/picked".
 
Not so. The STX40 does not mean that the fund is invested in ALL of the top 40. The fund manager picks some of the top 40 that he thinks will beat the top 40 index.
They don't track indexes. The managers get paid to beat the indexes by picking the best stocks in that sector be it STXFIN or Top40 or INDI. The better they perform AGAINST the indexes, the greater their bonuses will be.
 
Speedster said:
Just a headsup - marco is infamous for spewing forth nonsense. Take everything he says with a couple of pinches of salt.
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His advice isn't all bad, it's just his return calculations that aren't that good.

I bought some coronation shares because so his insistence.
Only 800 of them, but I have made some money out of them.
 
alf101 said:
His advice isn't all bad, it's just his return calculations that aren't that good.

I bought some coronation shares because so his insistence.
Only 800 of them, but I have made some money out of them.
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Ah wait, just saw marcos last few posts.

Marco, you have the wrong idea about index funds dude.
They do track an index, there is no stock picking involved at all.
 
marco said:
Not so. The STX40 does not mean that the fund is invested in ALL of the top 40. The fund manager picks some of the top 40 that he thinks will beat the top 40 index.
They don't track indexes. The managers get paid to beat the indexes by picking the best stocks in that sector be it STXFIN or Top40 or INDI. The better they perform AGAINST the indexes, the greater their bonuses will be.
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Is your internet perhaps broken?

From www.satrix.co.za -

Satrix 40 accurately replicates the FTSE/JSE Top 40 index, by holding the exact weighting and number of shares that constitute this index. Dividends paid by the top forty companies, less expenses incurred by managing the portfolio, are paid out to Satrix 40 shareholders on a quarterly basis. In this way the holders of Satrix 40 securities replicate the total performance (capital plus dividend yield) of the top 40 companies listed on the JSE.
 
marco said:
Not so. The STX40 does not mean that the fund is invested in ALL of the top 40. The fund manager picks some of the top 40 that he thinks will beat the top 40 index.
They don't track indexes. The managers get paid to beat the indexes by picking the best stocks in that sector be it STXFIN or Top40 or INDI. The better they perform AGAINST the indexes, the greater their bonuses will be.
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OMG!!! Satrix Top 40 is not a managed fund like the Coronotion Top 20 or whatever. Thats why it is so cheap.

You do in fact know just about nothing about finance products in SA, that is 100% clear now.

And you still have not come back to me on where i suggest you read the original post where INTEREST is mentioned, despite you alleging otherwise.
 
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undesign said:
Is your internet perhaps broken?

From www.satrix.co.za -

Satrix 40 accurately replicates the FTSE/JSE Top 40 index, by holding the exact weighting and number of shares that constitute this index. Dividends paid by the top forty companies, less expenses incurred by managing the portfolio, are paid out to Satrix 40 shareholders on a quarterly basis. In this way the holders of Satrix 40 securities replicate the total performance (capital plus dividend yield) of the top 40 companies listed on the JSE.
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Basically the portfolio manager will come into work at 7am, check his spreadsheet which have the opening weights from the JSE tracker file.
The spreadsheet will have the fund inflows and outflows, and if any trades are needed for that day, the spreadsheet will automatically calculate them.
The portfolio manger will just need to email them to the brokers/traders.

Not much skill involved there.
However, the guy who made the spreadsheet has to be a genius.
 
Investors who purchase and hold Satrix INDI securities accordingly, obtain the performance and yield of the top 25 industrial companies in the JSE with the convenience and low cost of a single trade.
 
Sorry guys. SATRIX beats the ALSI. Not so with the Top 40. I have said that the STX40 sucks.
 
marco said:
Sorry guys. SATRIX beats the ALSI. Not so with the Top 40. I have said that the STX40 sucks.
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SATRIX is a company, not an actual fund.

The ALSI, is known as J203 which consists of the top 40 (J200), midcap (J201), and small cap (J202) indices.
About 160 shares.

STX40 would be tracking only J200, not the whole J203.

SATRIX is not the same as J203 or the ALSI, which seems to be what you're thinking.
 
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