Satrix shares.

Hendrix said:
And I don't think its a good idea for her/you to put all the money in 1 ETF.
Don't you think it would be safer for her/you to invest in at least 2 or 3?
STXIND is heavy on consumer goods, what if that collapses or goes through a bad few years?

Consider the bad aswell as the good times, we can't predict the future, but we can lessen damage through diversification.
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I have looked at the 10 year chart of the Indi and see that it has had no bad years if you disregard the crash. My thinking is that if the Industrial Sector tanks over time then the whole market will soon follow. Is it not the largest sector?
 
alf101 said:
I was.

Do you know how the indices are calculated, how the shares get "picked" , who does it, what free floats are or what an index is?
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Out of all those questions I fail in one. Free Floats.
 
Is the Divi and Indi compulsory dividend payout, or can you opt to reinvest the dividends? My idea is to invest R5000-R10 000 starting capital and then contribute monthly R500 and just forget about it and let it grow. I might split it among two of them.

I had a Discovery portfolio that split between Coronation, Alan Gray, Investec20 and Discovery Funds. The contribution of R1000 was a bit too much for me to"forget about" so I withdrew a few times. For now I want to go R500 max....just enough to over time get me somewhere and little enough not to shake the wallet too hard. And increase in contribution by at least inflation every year depending on salary increases. I think it is also important not to invest more than you can afford, else you only end up withdrawing. Why I ask about dividend reinvesting is because my investment is small I want everything to go towards growth.
 
Hendrix said:
@stefan, yes, you can choose to pay out the dividends or re-invest.
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This is another problem I have. The performance tables and charts on STX website shows them with divies reinvested. Do my charts show this? I don't think so.
 
jambai said:
Marco


https://sites.google.com/site/sasharingshares/

What you take of this valuation of your share CML?

It says CMl is over 57% overvalued.Would you be able to handle a 57% pull-back?
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That guy used a PE of 22 which does not include the massive increase in assets under management that should drop the PE to about 17.7. A correction from 4800 to 4200 will bring it back in line before the announcement was made about the AUM.
I am not saying that I'm not concerned but the 20MA is holding it so far.
 
Busy completing the form and on FICA Documentation Checklist, they need Proof of Income Tax Number. What is that?
Apparently I cannot use IRP5.
 
Maybe go onto e-filing and use one of the documents (statement of return perhaps) on there.

Think this is to do with dividend withholding tax they have to do now, when I signed up that proof wasn't required.
 
supersunbird said:
Maybe go onto e-filing and use one of the documents (statement of return perhaps) on there.

Think this is to do with dividend withholding tax they have to do now, when I signed up that proof wasn't required.
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Ok. Thank you. I might even try to call them.

EDIT: Called Satrix and was told I can ignore that part.
 
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Is DJ banned? No wonder nobody has been shouting at me. And you Alf. She was always your demigod. You always defended her and asskreeped to belittle me.
How has CML been doing?
 
marco said:
Is DJ banned? No wonder nobody has been shouting at me. And you Alf. She was always your demigod. You always defended her and asskreeped to belittle me.
How has CML been doing?
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I had to spend many posts trying to convince that Satrix aren't managed products (which you admittedly finally accepted) but you claimed to know things about markets and shares and you didn't even know what a ETF is. So please shut up about DJ. You don't have a 20th of the knowledge, you just know CML and that's it.
 
I don't particularly care. I'm not into ETF's but I am sure as hell beating my index being STXIND. What! CML doing 150% now.
Supersunbird will now take DJ's place to diss me.
I have received many thanks for my "advice" on CML.
You keep to your RA's.
 
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