AirWolf
Honorary Master
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.]
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FNB Share Investing
- Thread starter Maelly
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- fnb share trading
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.]
Maelly
Expert Member
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.
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.
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.
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 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
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
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
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.
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
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.
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 !!
.
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
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
Messugga
Honorary Master
Thanks. Quite impressive then, well done!
*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 !!
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Messugga
Honorary Master
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.
Messugga
Honorary Master
Was planning on playing it safe and going for the Alan Gray Equity fund.