FNB Share Investing

AirWolf

Honorary Master
Joined
Aug 18, 2006
Messages
23,442
Investor, but I am a bit irked in that some places waive the monthly account fee if you exceed a certain number of trades per month and they don't.

The fees compare favourably with what others offer.

The requests are actioned quite quickly, placed an order before 9.00 this morning , it was actioned by 9.45 which was cool.

I have 2 others pending today, I am also using the option to limit the amount that I am willing to pay per share and the number of shares, testing that option.
From the FAQ, I take it the price sensitive options are only available on the Investor option?

[The Builder trades go off at the end of the day to save on costs.]
 

MaPhi

New Member
Joined
May 31, 2010
Messages
1
Hey..Maelly... did u get help regarding your request. i would like to find out how does it work...
 

Maelly

Expert Member
Joined
Jun 14, 2006
Messages
2,226
Damn, this was ages ago. Ya, U just open that Share Trading "account" or is it "subscription" at a monthly cost of .... I actually cant recall. I tried it but I wasn't that committed so I mostly left unattended and lost a great deal on those monthly subscriptions. In the end I closed it off.
 

marco

Expert Member
Joined
Aug 3, 2006
Messages
2,807
I don't think you should be doing this by yourselves. Especially now during a volatile market. You will loose all your money plus. Wait for a while for the markets to stabilize then get a broker to manage your Futures for you.
Only 5% of the private traders make a profit.
 

marco

Expert Member
Joined
Aug 3, 2006
Messages
2,807
I don't think you should be doing this by yourselves. Especially now during a volatile market. You will loose all your money plus. Wait for a while for the markets to stabilize then get a broker to manage your Futures for you.
Only 5% of the private traders make a profit.
The best guy around is Garth Mackenzie. Watch channel 412 or go to www.imaraspreid.co.za He will do it for you for a fee only if it goes above his benchmark.
 

koeks

Expert Member
Joined
Oct 21, 2008
Messages
1,567
Hi Guys.... I'm looking at starting to trade in shares. I want to get exposure to the market.

I have R3k-R5k to play with initially. Is this a reasonable amount? I see a lot of online brokers give you R100k play money, i don't think that's reasonable because i don't have R100k to play with so i think you don't really get a true reflection of the markets. I want an experience from people that have

I have been doing a lot ot reading, i think now it's time i start.

how much did you start with and how much have you made or lost?
I'm in it for the short to long term.... I know it's not a get rich quick scheme so any advice would be appreciated.

And please don't tell me to get a professional broker. I want to do it myself...
 

AirWolf

Honorary Master
Joined
Aug 18, 2006
Messages
23,442
Hi Guys.... I'm looking at starting to trade in shares. I want to get exposure to the market.

I have R3k-R5k to play with initially. Is this a reasonable amount? I see a lot of online brokers give you R100k play money, i don't think that's reasonable because i don't have R100k to play with so i think you don't really get a true reflection of the markets. I want an experience from people that have

I have been doing a lot ot reading, i think now it's time i start.

how much did you start with and how much have you made or lost?
I'm in it for the short to long term.... I know it's not a get rich quick scheme so any advice would be appreciated.

And please don't tell me to get a professional broker. I want to do it myself...
I'm using FNB share investing. Most important point I would suggest is that you should have a reasonable "emergency" fund set aside before investing in shares - if you need to sell quickly you will in all likelihood lose money - shares are better as long term investments.
 

HavocXphere

Honorary Master
Joined
Oct 19, 2007
Messages
31,635
what's reasonable? R10k???
Not enough. You need diversification and yet not get massacred by the per trade fees.

I looked at the Std bank structure a while back & concluded that I'd need 20k minimum to get even a semblance of diversification without killing the return.
 

Maelly

Expert Member
Joined
Jun 14, 2006
Messages
2,226
Any success stories to date for any of you who have been using this service or with other banks?
I think I need to learn more about this and give it another try. I am looking at "Buy and Hold" option as explained here. I am looking at buying and waiting for at least 3-5years.
 
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AirWolf

Honorary Master
Joined
Aug 18, 2006
Messages
23,442
I've been holding Telkom shares for about two years and Mittal shares for about a year. Both are still in the red in terms of share price. Telkom did have a a good dividend when splitting with Vodacom.

Any success stories to date for any of you who have been using this service or with other banks?
I think I need to learn more about this and give it another try. I am looking at "Buy and Hold" option as explained here. I am looking at buying and waiting for at least 3-5years.
 

Kruben

Well-Known Member
Joined
Jun 10, 2009
Messages
137
Share Builder

Share Builder

As of today (07 January 2011) My shares look like this:

FIRSTRAND LTD up 46% cost 13.82 Market Price 20.15
MMI HOLDINGS LTD up 42% cost 12.26 Market Price 17.42 (got it with the UnBundling of FIRSTRAND LTD)
OLD MUTUAL PLC up 31% cost 10.15 Market Price 13.27
SATRIX 40 up 8% cost 26.44 Market Price 28.63

Average up 30%

very nice, hey !!

.
 
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Messugga

Honorary Master
Joined
Sep 4, 2007
Messages
11,029
Share Builder

As of today (07 January 2010) My shares look like this:

FIRSTRAND LTD up 46% cost 13.82 Market Price 20.15
MMI HOLDINGS LTD up 42% cost 12.26 Market Price 17.42 (got it with the UnBundling of FIRSTRAND LTD)
OLD MUTUAL PLC up 31% cost 10.15 Market Price 13.27
SATRIX 40 up 8% cost 26.44 Market Price 28.63

Average up 30%

very nice, hey !!

.
Over what timespan if I may ask? If it's over a year or two, great, if it's over 10 years, not so much.

I've decided that I'm going to be investing in a unit trust at the end of the month, to get my personal portfolio started off on a slightly more serious note than it's currently at (I'm still pretty young so this is the first time I'm really starting to invest). I just don't have the guts to do my own share trading at this point in time :p
 

Kruben

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Joined
Jun 10, 2009
Messages
137
Over what timespan if I may ask? If it's over a year or two, great, if it's over 10 years, not so much.
FIRSTRAND LTD - 2009-07-31
MMI HOLDINGS LTD -2010-12-22 (nil cost)
OLD MUTUAL PLC - (had shares) got more in 2008-12-01 and again 2008-12-29
SATRIX 40 - 2010-06-15
 

Messugga

Honorary Master
Joined
Sep 4, 2007
Messages
11,029
FIRSTRAND LTD - 2009-07-31
MMI HOLDINGS LTD -2010-12-22 (nil cost)
OLD MUTUAL PLC - (had shares) got more in 2008-12-01 and again 2008-12-29
SATRIX 40 - 2010-06-15
Thanks. Quite impressive then, well done!
 

Kruben

Well-Known Member
Joined
Jun 10, 2009
Messages
137
I've decided that I'm going to be investing in a unit trust* at the end of the month, to get my personal portfolio started off on a slightly more serious note than it's currently at (I'm still pretty young so this is the first time I'm really starting to invest). I just don't have the guts to do my own share trading at this point in time
*FNB Growth Fund

3 months - up 5.08%
6 months - up 19.36%
1 year - up 18.11%
3 years - up 15.70%
5 years - up 69.42%

I started my own competition FNB Growth Fund Vs FNB Share Builder , and how you see who’s winning !!


.
 

Messugga

Honorary Master
Joined
Sep 4, 2007
Messages
11,029
I started my own competition FNB Growth Fund Vs FNB Share Builder , and how you see who’s winning !!
Yes, but with my knowledge I'd probably end up in the red from buying completely the wrong shares! I'd be completely happy with ~14% annually, which seems to be within reach of most equity-focussed unit trusts. It's better than having money in a savings account, at least.
 

Kruben

Well-Known Member
Joined
Jun 10, 2009
Messages
137
Yes, but with my knowledge I'd probably end up in the red from buying completely the wrong shares! I'd be completely happy with ~14% annually, which seems to be within reach of most equity-focussed unit trusts. It's better than having money in a savings account, at least.
I have the FNB Growth Fund, Which unit trusts, are you considering ?

.
 
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