Satrix - people still using them?

alf101 said:
He needs to "talk up" the shares.
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I don't have a pension fund as I have my own business. Therefore I was forced to do my own investing by adding monthly to my shares on the JSE. After many months of flat to negative returns I found the shares that just kept going up and up. I have asked the members of www.sharechat.co.za to beat this with trading. To date, no trader could. I still challenge them to beat my stock picks for long term.
And, yes. I am relocating to the UK this year as my kids are there and will use the returns from CML and AVI for my living.
 
ocleroux said:
God damn you Greece! YOU suck! :mad:



First amount is what I had beginning of the month...this is what I have now!
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Don't worry about the small ups and downs. That's part of being in the market.

Keep buying. Don't watch the price movement day by day.

In ten years you'll be smiling. (As long as South Africa hasn't burnt down)
 
Zulik said:
Don't worry about the small ups and downs. That's part of being in the market.

Keep buying. Don't watch the price movement day by day.

In ten years you'll be smiling. (As long as South Africa hasn't burnt down)
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I cant help it! Think I must go for hypnosis to make me forget about it for the next 30 years! lol
 
undesign said:
If you're buying monthly it's cheaper now. :)
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Yep, today debit orders going off today will just buy me more satrix shares than last months

You need to give yourself time ocleroux. As they say, "time in the market, not timing the market". Started 15 months ago with mine. My amount is still nicely on the positive side even with all the drops in the price because the money has been in it longer than yours. Now even 15 months is short term, so dont worry about it.

Maybe use this rather than logging into your satrix profile:
http://www.businesslive.co.za/markets/

There you can monitor what the price is (the ETF stuff is at the bottom) and then just put it in your brain, cheaper price I get more value for my money while if it goes higher it means my capital has grown...
 
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supersunbird said:
Yep, today debit orders going off today will just buy me more satrix shares than last months

You need to give yourself time ocleroux. As they say, "time in the market, not timing the market". Started 15 months ago with mine. My amount is still nicely on the positive side even with all the drops in the price because the money has been in it longer than yours. Now even 15 months is short term, so dont worry about it.

Maybe use this rather than logging into your satrix profile:
http://www.businesslive.co.za/markets/

There you can monitor what the price is (the ETF stuff is at the bottom) and then just put it in your brain, cheaper price I get more value for my money while if it goes higher it means my capital has grown...
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Thnx meneer. Ja...I should not be such a worry wort. I just dont like seeing my value drop hehe. I might be getting a little bit extra on my salary this month..so gonna load instruction online to buy more Satrix DIVI. :-)
 
ocleroux said:
Thnx meneer. Ja...I should not be such a worry wort. I just dont like seeing my value drop hehe. I might be getting a little bit extra on my salary this month..so gonna load instruction online to buy more Satrix DIVI. :-)
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Our funds have lost a few billion this month, and nobody is too concerned about it.
 
Quick update, looking like this
Satrix.jpg

So far I have put in:
R26,000 since 2011/12/05

Currently valued at R30,129
 
It would really depend on how that R26k was invested. A lump sum at inception? R5k at inception and the rest a month ago? A monthly recurring investment?

The current capital value means little in terms of checking returns if you do not know this.

However, even if all invested at inception, over 14% return, net of costs, in a year is nothing to sneeze at over an extended period. Don't get lead astray by talk we have seen on here of 70-100% returns.
 
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Hamster said:
That's like 15%. Thats not that bad at all. Or am I missing something?
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Risk. % on a fin invest is pretty bullet proof risk wise. Food cart gets hijacked tomorrow & you're out -100% FTL. High risk high reward (or no reward).
 
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