Stanlib Investment - is this normal?

Rouxenator

Rouxenator

Dank meme lord
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Backstory : When I bought my house in 2007 I decided to start a small investment, my financial adviser asked me how much can afford and having just bought the house I decided to start off at R500 a month. He setup this Stanlib aggressive thingy and since then every month R500 went towards it. I totally forgot about it.

10 years later I was getting my financial beezwax sorted since I was buying a car. I found out that the Stanlib portfolio had the wrong email address and fixed it, so now I start getting my monthly statements and it is baffling.

I have no view as to what happened in the first decade, but my contribution was R500 x 12 months x 10 years = R60k and the fund was sitting on R91k - so good growth I'd say. But now that I am keeping an eye on it things seem rather erratic :
1554278023202.png

Is this normal for investments like these? Keep in mind I still put in R500 every month and there are some hectic dips. Can I blame the ANC for this, maybe?
 
looks kak like my FNB Growth Fund Unit Trust account.
probably based on the $ and the last coupla years this has been a yo yo ride.
Would be very interested to know from the mathematical geeks out there as well
 
Rouxenator said:
Backstory : When I bought my house in 2007 I decided to start a small investment, my financial adviser asked me how much can afford and having just bought the house I decided to start off at R500 a month. He setup this Stanlib aggressive thingy and since then every month R500 went towards it. I totally forgot about it.

10 years later I was getting my financial beezwax sorted since I was buying a car. I found out that the Stanlib portfolio had the wrong email address and fixed it, so now I start getting my monthly statements and it is baffling.

I have no view as to what happened in the first decade, but my contribution was R500 x 12 months x 10 years = R60k and the fund was sitting on R91k - so good growth I'd say. But now that I am keeping an eye on it things seem rather erratic :
View attachment 641310

Is this normal for investments like these? Keep in mind I still put in R500 every month and there are some hectic dips. Can I blame the ANC for this, maybe?
Click to expand...

That's how stock market investments work, equity unit trusts prices differ every day, because the underlying share prices vary every day..

1554278698865.png
 
Cant be as bad as Old Mutual foreign account. I started with R1000 p/m last year, It's been running at -20% growth every month since then. Closed it on Monday. In total I put R9000 in it, it's worth R2600 now.
 
Rouxenator said:
I have no view as to what happened in the first decade, but my contribution was R500 x 12 months x 10 years = R60k and the fund was sitting on R91k - so good growth I'd say. But now that I am keeping an eye on it things seem rather erratic :
Is this normal for investments like these? Keep in mind I still put in R500 every month and there are some hectic dips.
Click to expand...
You got about 7.7% return if my excel calc is right - that did better than many funds over 10 years (OM mining resources etc) - YoYo's are common for many funds.

Rouxenator said:
Can I blame the ANC for this, maybe?
Click to expand...
You must. ;)
 
World markets generally follow the U.S -- even in our **** yy economy look at the jse for the past 3 months.

Trumps done well for us lol
 
Nothing as as poef as the ABSA Unit Trust I got just to raise my rewards level.

Firstly, when I made it I said they must take R2k from my cheque account (needed minimum of R2k for rewards). They created the UT account but never took the R2k from my cheque account, then 3 weeks later they removed R2k from the UT since it was not taken out of my cheque account and left me with a UT that was sitting with R46 or something. Interest I earned from thin air. :unsure:

Secondly, I was then on rewards level 4 and earned about R400~R500 in rewards which I put into the UT. Ended up loosing about R100 each month as that fund was just terrible.

Lastly, they have now restricted their reward scheme so I was down to level 2 and now back to 3 but no chances I'll reach 4 again.

Worst fund from the worst bank. Seriously - who runs a bank like that?!
 
Drifter said:
Cant be as bad as Old Mutual foreign account. I started with R1000 p/m last year, It's been running at -20% growth every month since then. Closed it on Monday. In total I put R9000 in it, it's worth R2600 now.
Click to expand...
Ouch !!!! :oops: Never heard of such a bad investment, so tricky and risky, especially in this explosive country where our fellow EFF & ANC leaders including past leaders knew very well how to upset the markets and they just do not give a flying f for the rest of the country. It's all about themselves. :(
In your case here your money would of been stronger had you placed it under the mattress every month.
 
Rouxenator said:
I think Prime Equity or something to that effect. Only got it to up my rewards levels and now I'm effed in the a.
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Mmm, i've got the Select Equity and Global Equity. Not performing at present. Mind you, not many if any that does perform. ETF's: S&P 500 and Sygnia MSCI world.....now there's some green going up.
 

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Chuckmyster said:
hang on
so you saying if i invested R100 6 years ago it is now worth R130 ?
Thought these investments were suppose to make you rich.
Oh wait, the brokers are the ones getting rich :)
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yeah. No investment is guaranteed to make one rich passively. Brokers get rich either because of commission they earn or because they track investments actively.
 
Chuckmyster said:
Ouch !!!! :oops: Never heard of such a bad investment, so tricky and risky, especially in this explosive country where our fellow EFF & ANC leaders including past leaders knew very well how to upset the markets and they just do not give a flying f for the rest of the country. It's all about themselves. :(
In your case here your money would of been stronger had you placed it under the mattress every month.
Click to expand...
Exactly, or just a normal saving account.
 
surface said:
yeah. No investment is guaranteed to make one rich passively. Brokers get rich either because of commission they earn or because they track investments actively.
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exactly, and it is never their own money, so very risk to them. Clever bastids
 
supersunbird said:
Over 30 years, so compounding can happen, not 5 years.
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would love to know how much R100 is worth in 30 years time as you put it.
And also the admin costs and all
Pretty sure the broker is getting a nice chunk as well
 
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