Satrix resi

Its been down the last few years, I think its a good time to start buying.
Resourses will make a comeback, they have been showing signs of recovery.
Stx Resi is up about 16% (excl divi's) the last 6 months.
So looks like a good time to get in, as its cheap.
 
Or, if you not willing to take too much risk, look at satrix 40, it has high exposure to resourses (about 31%)
 
supersunbird said:
Why is the Satrix Resi unit price so high? Something like R52...
Click to expand...

This is the price of J210 - Resources for the last while. (The Benchmark)

30/04/2011 57233
31/05/2011 55600
30/06/2011 53933
31/07/2011 51474
31/08/2011 50578
30/09/2011 47823
31/10/2011 53068
30/11/2011 54077
31/12/2011 51280
31/01/2012 55538
29/02/2012 53858
31/03/2012 49003
30/04/2012 50260
31/05/2012 46616
30/06/2012 47234
31/07/2012 46292
31/08/2012 45934
30/09/2012 48112
31/10/2012 50881
30/11/2012 49835
31/12/2012 51278
31/01/2013 52548


This is STXRES

30/04/2011 5749
31/05/2011 5600
30/06/2011 5392
31/07/2011 5155
31/08/2011 5075
30/09/2011 4813
31/10/2011 5330
30/11/2011 5400
31/12/2011 5140
31/01/2012 5590
29/02/2012 5437
31/03/2012 4935
30/04/2012 5043
31/05/2012 4689
30/06/2012 4697
31/07/2012 4627
31/08/2012 4593
30/09/2012 4798
31/10/2012 5133
30/11/2012 4991
31/12/2012 5138
31/01/2013 5244
 
Dunno. Resource shares are not something I would buy for long term holding right now. To much chance of a secondary economic shock related to US and EU government debt leading to another recession. It that happens demand for resources would plummet.
 
Cius said:
Dunno. Resource shares are not something I would buy for long term holding right now. To much chance of a secondary economic shock related to US and EU government debt leading to another recession. It that happens demand for resources would plummet.
Click to expand...

Where would you put your money?
 
with the rumblings the anc are making towards mining is it not very risky to go into that space?
 
alf101 said:
Where would you put your money?
Click to expand...

My bond. Paying off debt right now so I have the easy answer and the sure return. Once the bond is gone I am hoping this storm will have passed and that markets will be at a new normal. Right now the JSE's average PE ratio is way above the long term average so I am not sure buying into the market is wise at all right now. I guess there is always some money to be made somewhere and if you have done your homework you can make money even in a flat or down market but its much harder at those times.

Anyways, I am hoping this secular bear market will be ending around the time my bond is paid off so that I can start investing into the next bull market. Still. Will have to see how it plays out. For now the only shares I am holding are some Satrix Divi as they have returned an average 11% over the past 5.5 years despite my purchasing right before the 2008 crash.
 
Cius said:
My bond. Paying off debt right now so I have the easy answer and the sure return. Once the bond is gone I am hoping this storm will have passed and that markets will be at a new normal. Right now the JSE's average PE ratio is way above the long term average so I am not sure buying into the market is wise at all right now. I guess there is always some money to be made somewhere and if you have done your homework you can make money even in a flat or down market but its much harder at those times.

Anyways, I am hoping this secular bear market will be ending around the time my bond is paid off so that I can start investing into the next bull market. Still. Will have to see how it plays out. For now the only shares I am holding are some Satrix Divi as they have returned an average 11% over the past 5.5 years despite my purchasing right before the 2008 crash.
Click to expand...

Markets can be so confusing, some people say its a bear market while the JSE hits new highs and the industrial funds get 40% returns in 1 year...
 
Cius said:
My bond. Paying off debt right now so I have the easy answer and the sure return. Once the bond is gone I am hoping this storm will have passed and that markets will be at a new normal. Right now the JSE's average PE ratio is way above the long term average so I am not sure buying into the market is wise at all right now. I guess there is always some money to be made somewhere and if you have done your homework you can make money even in a flat or down market but its much harder at those times.

Anyways, I am hoping this secular bear market will be ending around the time my bond is paid off so that I can start investing into the next bull market. Still. Will have to see how it plays out. For now the only shares I am holding are some Satrix Divi as they have returned an average 11% over the past 5.5 years despite my purchasing right before the 2008 crash.
Click to expand...

That is a safe way to do things.
I do a bit of both.
 
supersunbird said:
Yep, me too. My homeloan is like 6.8% interest, most investments (except satrix resi lol) would beat that. .
Click to expand...

Bear in mind that 6.8% is an after-tax return, so you should compare investment alternatives the same i.e. take income tax into consideration (normal or CGT).
 
STXRES has been flat for 3 years. You would have done better at the Post Office. Of all the SATRIX's the IND would have given the best at 30% pa over the past 3 years.
If you thinking that because it HAS been flat, it will pick up now. That is plain gambling. It will not make gains due to the sector turbulence and this will continue for some time to come.
 
supersunbird said:
Markets can be so confusing, some people say its a bear market while the JSE hits new highs and the industrial funds get 40% returns in 1 year...
Click to expand...

New heights? You do realize that the points system they measure the markets in does not have inflation built in right? The ALSI being 40,6K right now is significantly lower than the 39K attained in early 2008. For the market to have even just tracked inflation of 6% since then we should be at 52K. We are effectively still 28% lower than the 2008 figure 5 years later so yes, definitely a bear market. 5 year real growth of -28% is a bear if ever there was one. If we then consider that real inflation is significantly higher than the governments manipulated numbers then its even worse.
 
Cius said:
New heights? You do realize that the points system they measure the markets in does not have inflation built in right? The ALSI being 40,6K right now is significantly lower than the 39K attained in early 2008. For the market to have even just tracked inflation of 6% since then we should be at 52K. We are effectively still 28% lower than the 2008 figure 5 years later so yes, definitely a bear market. 5 year real growth of -28% is a bear if ever there was one. If we then consider that real inflation is significantly higher than the governments manipulated numbers then its even worse.
Click to expand...

Where is the 39k in 2008, and does J203 include dividends?

31/01/2008 27,317
29/02/2008 30,674
31/03/2008 29,588
30/04/2008 30,743
31/05/2008 31,841
30/06/2008 30,413
31/07/2008 27,720
31/08/2008 27,702
30/09/2008 23,836
31/10/2008 20,992
30/11/2008 21,209
31/12/2008 21,509
31/01/2009 20,570
28/02/2009 18,465
31/03/2009 20,364
30/04/2009 20,647
31/05/2009 22,771
30/06/2009 22,049
31/07/2009 24,259
31/08/2009 24,929
30/09/2009 24,911
31/10/2009 26,361
30/11/2009 26,895
31/12/2009 27,666
31/01/2010 26,676
28/02/2010 26,765
31/03/2010 28,748
30/04/2010 28,636
31/05/2010 27,145
30/06/2010 26,259
31/07/2010 28,355
31/08/2010 27,254
30/09/2010 29,456
31/10/2010 30,431
30/11/2010 30,266
31/12/2010 32,119
31/01/2011 31,399
28/02/2011 32,272
31/03/2011 32,204
30/04/2011 32,836
31/05/2011 32,566
30/06/2011 31,865
31/07/2011 31,208
31/08/2011 31,006
30/09/2011 29,674
31/10/2011 32,349
30/11/2011 32,813
31/12/2011 31,986
31/01/2012 33,792
29/02/2012 34,296
31/03/2012 33,554
30/04/2012 34,399
31/05/2012 33,143
30/06/2012 33,708
31/07/2012 34,597
31/08/2012 35,389
30/09/2012 35,758
31/10/2012 37,156
30/11/2012 38,105
31/12/2012 39,250
31/01/2013 40,653
 
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