FNB Share Saver

tehtorq said:
Let's say hypothetically the Rand devalues rapidly (I'm talking hundreds of Rands to the dollar). Would shares in trackers like DBXWD and DBXUS withstand that? (i.e. be worth the same value then as it is now). If so, then that seems like the easiest way to hedge without moving cash offshore, correct?
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That's my understanding
 
supersunbird said:
How long have you had it?
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Think jus the last week or two has seen declines.. Overall mine is still up.. Thing to remember,get is that if the stock market sucks world wide or n US, you kinda screwed still. So the china situation hurts more than just the rand
 
e4et said:
Not long, maybe three months.
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Well, then it would be sideways due to rand weakness and world markets state on that short a term.

My investments with foreign funds have performed great compared to local funds, due to rand weakness, but all over a year old
 
So going by the OP I've had this account since about May 2013. Almost 3 years of a few lump sums and a small debit order going off (only a debit order over the last year) and in total - I'm down 2% :cry:

So I'm really hoping I either break even or have some profit come end Feb because I'm definitely pulling some of that cash out and filling my 2016 TFSA with R30k worth of DBXWD or something offshore (useless to buy DBXWD at the current price anyway).


FML
 
Hamster said:
So going by the OP I've had this account since about May 2013. Almost 3 years of a few lump sums and a small debit order going off (only a debit order over the last year) and in total - I'm down 2% :cry:

So I'm really hoping I either break even or have some profit come end Feb because I'm definitely pulling some of that cash out and filling my 2016 TFSA with R30k worth of DBXWD or something offshore (useless to buy DBXWD at the current price anyway).


FML
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As mentioned I'm transferring out as soon as it's legislatively allowed in March 2016. cancelling the debit order this month.
 
krycor said:
As mentioned I'm transferring out as soon as it's legislatively allowed in March 2016. cancelling the debit order this month.
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You took the Share Saver as your TFSA? :wtf:

Yeah, better to be a bit more aggressive in your TFSA
 
Hamster said:
You took the Share Saver as your TFSA? :wtf:

Yeah, better to be a bit more aggressive in your TFSA
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I took TFSA with FNB and EE.. on EE side i managed to get +/-18%. I cancelled the debit order with FNB and now just waiting for legislation which allows transfer. But yah it was interesting to see how it played out
 
krycor said:
I took TFSA with FNB and EE.. on EE side i managed to get +/-18%. I cancelled the debit order with FNB and now just waiting for legislation which allows transfer. But yah it was interesting to see how it played out
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Waiting for them to allow transferring my TFSA as well. The EE interface is getting to me and ABSA's is looking better and better all the time :p (silly reason, but a reason nonetheless)
 
Hamster said:
Waiting for them to allow transferring my TFSA as well. The EE interface is getting to me and ABSA's is looking better and better all the time :p (silly reason, but a reason nonetheless)
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The things i hate about the EE interface are:
1. Security/Password only.. yes i know only your bank account is linked but then bank accounts can be compromised and i'd rather have improved security on the platform added.. i.e. some form of 2 factor, even if just Google Authenticator code. Please.
2. The big ass UI which shows profit/loss.. like really? Not cool for opening this at work
3. No mobile app.. why??
4. Extra functionality.. I'd like to see graphs etc so overtime i can see how market has reacted vs investment etc and comparing potential & future buys?

I use 22Seven to see the graphs btw
 
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krycor said:
The things i hate about the EE interface are:
1. Security/Password only.. yes i know only your bank account is linked but then bank accounts can be compromised and i'd rather have improved security on the platform added.. i.e. some form of 2 factor, even if just Google Authenticator code. Please.
2. The big ass UI which shows profit/loss.. like really? Not cool for opening this at work
3. No mobile app.. why??
4. Extra functionality.. I'd like to see graphs etc so overtime i can see how market has reacted vs investment etc and comparing potential & future buys?

I use 22Seven to see the graphs btw
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Start a thread in that subforum so that the rep can see it. I'm sick of asking over PM and their request box. They'll never change the stupid box layout. This is money, I want tables.
 
Does anyone have any idea of whether there is any possibility for RMBMID & RMBT40 to recover?

The performance is dismal.
 
sammya said:
Does anyone have any idea of whether there is any possibility for RMBMID & RMBT40 to recover?

The performance is dismal.
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Nothing wrong with the funds itself, its the local stock market that is down, and since those are index funds they will also be down. They will recover if the local stock market recovers.
 
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Hello every one, any advice , on the best potfolio with less fees , less

manager fees , tax free but high interest rate to invest in 2019
 
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