Satrix - people still using them?

Magnum said:
Hamster: What is the risk of this. Can you lose all your money?
Click to expand...

If you lose your money on the Top40 over 18 years we have bigger things to worry about...like finding food in the nuclear winter :p

I'm not a financial adviser but the equally balanced Top40 takes your money splits it up into 40 equal parts and invests it into the top 40 listed companies on the JSE (2.5% each). It is safer than the regular Top40 where your money is invested in the top 40 companies proportionally to their size/value (in other words, if the top 5 companies hold 50% of the top 40's value then 50% of your money will go to the top 5 companies).

The general consensus is that the stocks will out perform the property market over the very long term (but this opens up the property vs stocks debate which should really go to another thread because it ends up in a flame war ;) )
 
Freakboy said:
Also should have mentioned that I have Satrix 40 and Divi.
Lady at work was thinking on Swix for her new baby and asked what I thought of it.
Click to expand...

Well if you already have a Top 40 why not go to the DBXWD or DBXUS ETFs and put some of your money in foreign currency? Why re-invest in the same shares using slightly different "algorithms"?
 
Hamster said:
Well if you already have a Top 40 why not go to the DBXWD or DBXUS ETFs and put some of your money in foreign currency? Why re-invest in the same shares using slightly different "algorithms"?
Click to expand...

Not for me, it's for a lady at work :D
 
Top40 has been dismal this year... in fact, I think its finishing off at lower than the start of the year.

I'll do an update graph shortly, its been exactly three years since I started - the Satrix account is sitting in the low R100,000 I think.

I canned RAFI, and only have INDI and Top40 left - there were the same price when I started, now considerably different.
 
Hamster said:
If you lose your money on the Top40 over 18 years we have bigger things to worry about...like finding food in the nuclear winter :p

I'm not a financial adviser but the equally balanced Top40 takes your money splits it up into 40 equal parts and invests it into the top 40 listed companies on the JSE (2.5% each). It is safer than the regular Top40 where your money is invested in the top 40 companies proportionally to their size/value (in other words, if the top 5 companies hold 50% of the top 40's value then 50% of your money will go to the top 5 companies).

The general consensus is that the stocks will out perform the property market over the very long term (but this opens up the property vs stocks debate which should really go to another thread because it ends up in a flame war ;) )
Click to expand...

Its ok... I will have a hamster to eat.

So balanced top 40 Satrix you say. And you cant have an account and pay a random amount over? I t needs to be fixed debit order? I like manually handling my money. Just like Mc Duck likes swimming in his vault with money.
 
Magnum said:
Its ok... I will have a hamster to eat.

So balanced top 40 Satrix you say. And you cant have an account and pay a random amount over? I t needs to be fixed debit order? I like manually handling my money. Just like Mc Duck likes swimming in his vault with money.
Click to expand...

Depends. If you go through Satrix you probably have debit order and lump sum options.

If you go through something like Easy Equities you can do whatever you want.
 
What is the current interest I currently look at gaining? I am getting 4.9% with money market.
 
Last edited:
Magnum said:
What is the current interest I currently look at gaining? I am getting 4.9% with money market.
Click to expand...

Hard to say given current market conditions. Also depends on how long you plan on committing to it...
 
Just keep in mind the STX40 ETF is not an equally weighted top 40 ETF. But Satrix has a equally weighted top 40 unit trust fund which you cannot buy on the JSE through EE etc but directly through Satrix investment plan.

A nice equally weighted top 40 ETF is Nedbank's BBET40.
 
Mike Hoxbig said:
Hard to say given current market conditions. Also depends on how long you plan on committing to it...
Click to expand...

Well I would invest long term. but draw the interest at regular intervals and use that for spoils or what ever.Maybe not all the interest But as I need it.
 
Magnum said:
Well I would invest long term. but draw the interest at regular intervals and use that for spoils or what ever.Maybe not all the interest But as I need it.
Click to expand...
Bad idea IMO. The real growth comes through compound interest. By drawing it out, you're doing yourself a disservice...
 
I'm so dissapointed with the performance of SATRIX. I have been investing in RAFI and DIVI for around 2 years now and currently they are 1% and 6% up respectively. Anyone else thinking about moving?
 
Turkish said:
I'm so dissapointed with the performance of SATRIX. I have been investing in RAFI and DIVI for around 2 years now and currently they are 1% and 6% up respectively. Anyone else thinking about moving?
Click to expand...

I'm using RMBT40 which is effectively the same as the STX40 and to answer your question - no. I'm securing enough funds in there and then leaving it for 20+ years while I invest in something else (possibly trade one day)
 
Use to invest R2200 per month - R1100 in Satrix40, R1100 in SatInd...cancelled debit order...allowing the capital on there just to marinate and to hopefully show some growth....now dumping monthly debit funds on the Etoro platform....seeing nice growth...and if the ZAR continues its dive...more for me...
 
Turkish said:
I'm so dissapointed with the performance of SATRIX. I have been investing in RAFI and DIVI for around 2 years now and currently they are 1% and 6% up respectively. Anyone else thinking about moving?
Click to expand...

Rather stop and change ETFs... something like Satrix INDI?
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X