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Sounds good man. How long have you been invested in these shares? What is your strategy, buying and selling or buy and hold, and for how long?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 !!
started with OLD MUTUAL PLC in 2008-12-01 (FNB Share Builder account)Sounds good man. How long have you been invested in these shares?
Buying, did not sell any of my shares to dateWhat is your strategy, buying and selling or buy and hold, and for how long?
Activated the Share Builder account online, was done in a zippy.I had to ask for FNB to reactivate my old Share Builder account and it is really taking longer than I expected now. I completed and faxed through the Mandate form and now I wait.
ETFSA - The Home of Exchange Traded FundsIn the mean time, I bought a few EFT shares (Satrix) via EFTSA (anyone ever heard of them?).
Good move, remember always think long term ( + 5 years)As soon as my Share Builder account is reactivated I will buy a few shares and hold on to them and see what happens.
Share Builder Account - SATRIX 40: Paid out quarterly (4 times a year)How are dividend payouts handled when investing in ETFs?
no, dividends get paid into your Share Builder AccountAre the dividends automatically reinvested into the funds?
Click link for more information :If so what costs are involved if any?
Thanks.Share Builder Account - SATRIX 40: Paid out quarterly (4 times a year)
no, dividends get paid into your Share Builder Account
It is still trading and trades can only happen when the JSE is open. So if you buy shares over the weekend, the order will only go through as soon as the JSE is open. Another reason may be JSE system problemsI just signed up for fnb sharebuilder and I'm new to this. One thing I noticed is that the sale of the shares I purchase does not go through immediately. My order history says "Buy Delayed" and under status it says "Initiated".
Can anyone explain this to me please? Why is my purchase delayed and how long can it be delayed for?
Since it's a long term investment I guess it doesn't really matter if it's delayed a couple hours or a day but since the share price changes from the time I purchase the share to the time the purchase goes through, it is a bit confusing...
It is still trading and trades can only happen when the JSE is open. So if you buy shares over the weekend, the order will only go through as soon as the JSE is open. Another reason may be JSE system problems
But I don't know what the Share Investing mandate is or where to find it...I understand that all my instructions to buy or sell will be “buy
delayed” or “sell delayed” instructions. I am aware of the
implications thereof as per the Share Investing mandate.