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Question of the Day: Have you ever been to an airshow?
Satrix shares.
- Thread starter marco
- Start date
At the start pal.
I'm not here to argue DJ. Done with that. I am looking for plain input and yours will also be appreciated.
I gave you advice last year already with regards to mitigating against this exact issue. You pretty much told me that you know what you are doing and I must keep to what I'm doing and you'll keep to what you're doing.
So if you think advice will be forthcoming here then you have another thing coming...
nakedpeanut
Expert Member
Off T:
I don't understand the people on the forum, I agree correct the guy when he is wrong or dishing out crap advise.
BUT he is asking a genuine legitimate question that could help a lot of people out.
But you take every chance to swing at him.
Pathetic.
Back On T:
I would also go with the INDI based on my current portfolio (which is still small
)
People often get the wrong idea about the INDI account being industrials. It's not the industrial companies some people might thing.
For example from bloomberg, the current holdings are as follows:
SABMiller PLC 20.035%
Cie Financiere Richemont SA 14.314%
MTN Group Ltd 13.791%
Naspers Ltd 9.196%
Shoprite Holdings Ltd 4.812%
British American Tobacco PLC 3.935%
Remgro Ltd 3.158%
Bidvest Group Ltd 2.909%
Woolworths Holdings Ltd/South 2.446%
Aspen Pharmacare Holdings Ltd 2.377%
The FINI could also be an option, but it is majority banking stocks so it's heavily reliant on that one sector.
I don't understand the people on the forum, I agree correct the guy when he is wrong or dishing out crap advise.
BUT he is asking a genuine legitimate question that could help a lot of people out.
But you take every chance to swing at him.
Pathetic.
Back On T:
I would also go with the INDI based on my current portfolio (which is still small
)People often get the wrong idea about the INDI account being industrials. It's not the industrial companies some people might thing.
For example from bloomberg, the current holdings are as follows:
SABMiller PLC 20.035%
Cie Financiere Richemont SA 14.314%
MTN Group Ltd 13.791%
Naspers Ltd 9.196%
Shoprite Holdings Ltd 4.812%
British American Tobacco PLC 3.935%
Remgro Ltd 3.158%
Bidvest Group Ltd 2.909%
Woolworths Holdings Ltd/South 2.446%
Aspen Pharmacare Holdings Ltd 2.377%
The FINI could also be an option, but it is majority banking stocks so it's heavily reliant on that one sector.
supersunbird
Honorary Master
Personally I think Divi has better flexibility for long term dividends which is what you want (according to your post), it will always follow the best dividends, whether in resources, financials, retailers, telecoms or manufacturing.
I don't even know why you are using the terms volatility and liquidity when comparing the funds.
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He doesn't listen. Regardless, I've steered clear for the most part until the silliness comes to the fore.
Quick tip: if you're looking for high div yield with minimal maintenance, and across the board risk spread, then don't start comparing the only Satrix offering that matches this criteria with others that don't, and then start throwing around volatility and liquidity conclusions...
nakedpeanut
Expert Member
He doesn't listen. Regardless, I've steered clear for the most part until the silliness comes to the fore.
Quick tip: if you're looking for high div yield with minimal maintenance, and across the board risk spread, then don't start comparing the only Satrix offering that matches this criteria with others that don't, and then start throwing around volatility and liquidity conclusions...
See how much more sense that makes to average joe reading this thread than a random meme?
I love you financial advise, makes sense and usually well explained.
Gives a good starting point for people wanting more information.
marco threads are unlikely to receive sincere, nor rational advice. He made that bed, you all have to lie in it, thanks to the mods allowing him to run amok in here.
Regardless - this is about Satrix. Let's get back to it. I'll watch from the sidelines...
Thanks nakedpeanut. I echo your post. The STXFIN is too risky but I like the stocks you mention that are in the STXIND. Especially the SAB that has the most exposure and as it is non volatile. So the Indi is the ETF of my choice so far.
Why do you have to choose one?
supersunbird
Honorary Master
Nice on just ignoring my post outright...
This is my biggest issue with you, like when I was initially trying to explain to you that ETFs are not managed funds. And why I still contend you are trolling with most of your posts.
supersunbird
Honorary Master
I have not yet done the calculations on the Divi but if you look at the long term chart you will see that the Divi is much more volatile than the Indi and might just prejudice her withdrawals. Also as the Divi is at a very low price it might be difficult to sell at the price she wants and might take too long to sell.
supersunbird
Honorary Master
Oh, so the dividends are not that important to you then, but the unit price?
To get the best returns of the two over time.
The divies are good but the fund is too volatile for monthly withdrawals.
No I don't. I just want the best STX for my wife if I had to pass.
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