Investment advice

backstreetboy said:
Known it since last year but what does that have to do with me not wanting to pay more or take a cut in compounding interest?
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So if your soothsaying on price increases turns out to be true, then you simply (and it's quite simple, a form to fill in) move your portfolio and free-cash to a new broker. I'm doing this at the moment with my CoreShares TFSA portfolio (moving to ABSA).

If you're going to argue that you can't do a fire-and-forget lump-sum investment or that you'll lose out on the compounding of a lump-sum investment, I will argue that you have a better risk curve due to cost averaging over time.

I plan and make my investments on a monthly basis, so it still works out for me.
 
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r4nd0m said:
So if your soothsaying on price increases turns out to be true, then you simply (and it's quite simple, a form to fill in) move your portfolio and free-cash to a new broker. I'm doing this at the moment with my CoreShares TFSA portfolio (moving to ABSA).

If you're going to argue that you can't do a fire-and-forget lump-sum investment or that you'll lose out on the compounding of a lump-sum investment, I will argue that you have a better risk curve due to cost averaging over time.

I plan and make my investments on a monthly basis, so it still works out for me.
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Good for you I will rather move to Sygnia then touch them with a barge pole.
 
backstreetboy said:
Good for you I will rather move to Sygnia then touch them with a barge pole.
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I get that you might be butt-hurt as they probably have done something to dissuade you from doing business with them.

I myself am completely objective about it. I'm there to make money and diversify my TFSA holdings.

If they don't suit me at any point in time, I'll move.

That said, I'd implore you (and everyone) to checkout the foreign brokers. Lower fees, dollar based and more variety.

Happy investing.
 
backstreetboy said:
Then next year they'll introduce some more new limits. No thanks. Not sure why people still trust Blapsa...
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You were actually quite right.

What I didn’t realise is there is a R15 minimum brokerage fee OR 0.2%.

So if you are going to put in smaller trades like I planned to do for my kids then it probably won’t work for you.

So EE still wins.
 
Does anyone have any experience with ETFSA.co.za. How does this platform work compared to EE and ABSA.
 
HavocXphere said:
Make sure you stick it in their name to keep SARS off your back
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Yes of course. That’s why I switched to ABSA over EE as they seem to support it more properly with linking of accounts etc.

But not at a R15 fee every month.
 
Magandroid said:
Does anyone have any experience with ETFSA.co.za. How does this platform work compared to EE and ABSA.
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I haven’t used it in a long while but it was always a bit old school.

I would take Easy Equities any day.
 
Magandroid said:
Does anyone have any experience with ETFSA.co.za. How does this platform work compared to EE and ABSA.
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Entirely manual as in fax forms when you buy and sell and will be bought/acquired out by EE most likely.
 
SauRoNZA said:
I haven’t used it in a long while but it was always a bit old school.

I would take Easy Equities any day.
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Thor said:
Entirely manual as in fax forms when you buy and sell and will be bought/acquired out by EE most likely.
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Thanks for the responses. Only reason for asking is that many here are always comparing EE and ABSA and I never hear about ETFSA. When I looked at their website, it looked more complicated than EE especially for us noobs. I thought those people that find EE inadequate for their needs would have preferred ETFSA.
 
Splinter said:
Well, seeing as you are reviewing balance sheets and stuff, and have R30k net to invest each month - get a financial adviser. Otherwise, just pm me. I can guarantee you 57% a month return. Terms and conditions apply.
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Help me out brother
 
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