Stock Picks - Darlings and Dogs

How successful have you been in trading your own equities, etfs and funds ?

  • Extremely successful (make a living off my takings)

    Votes: 9 2.6%

  • Beating passive investment returns

    Votes: 143 42.1%

  • About par with normal returns from banks and money markets

    Votes: 62 18.2%

  • Lost a few pennies of spare cash to play with

    Votes: 37 10.9%

  • Should have rather left my money in the bank

    Votes: 35 10.3%

  • Took a knock

    Votes: 25 7.4%

  • Cremated

    Votes: 29 8.5%
  • Total voters
    340
just a random question :

If you had a few million Rands in a savings account, would you keep it there or move it to stocks / ETFs, foreign or local whatever? How much would you leave as cash or do you get rid of all of it, etc? Do you guys run on a % of your total investments in cash etc? :unsure: obviously for tax and Rand depreciation etc etc
 
Wrath of Khan MD said:
just a random question :

If you had a few million Rands in a savings account, would you keep it there or move it to stocks / ETFs, foreign or local whatever? How much would you leave as cash or do you get rid of all of it, etc? Do you guys run on a % of your total investments in cash etc? :unsure: obviously for tax and Rand depreciation etc etc
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If you have more than R340k earning 7% interest, you start paying income tax on the interest, which sucks.
Presently I work on 75% in shares/ETFs and the rest in cash/fixed deposits
 
Wrath of Khan MD said:
just a random question :

If you had a few million Rands in a savings account, would you keep it there or move it to stocks / ETFs, foreign or local whatever? How much would you leave as cash or do you get rid of all of it, etc? Do you guys run on a % of your total investments in cash etc? :unsure: obviously for tax and Rand depreciation etc etc
Click to expand...

The issue with CASH .... its nice, but SARS is loving you! The cap for tax free interest is R23800.
 
Wrath of Khan MD said:
just a random question :

If you had a few million Rands in a savings account, would you keep it there or move it to stocks / ETFs, foreign or local whatever? How much would you leave as cash or do you get rid of all of it, etc? Do you guys run on a % of your total investments in cash etc? :unsure: obviously for tax and Rand depreciation etc etc
Click to expand...
It really will depend on your appetite for risk. A really good financial advisor could do such an assessment with you (if you don't know already).

My appetite for risk is on the high side. So, I tend to put more investment into equity. Excluding any investments in pensions and RA's, my portfolio on the JSE has 55% invested in tax free savings ETFs. I like dividend paying shares.

That said, if I had cash on hand, I think I would invest two-thirds into my JSE account. The rest would go to a "rainy day" savings account. Something that I can access in 7 - 30 days if I so need it. Something that earns income while it sits in such an account.
 
K T said:
So what to do with the "extra" cash that would attract tax, if possibly needed on a medium term basis?
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Sitting with the same problem.

Atm I have 16 x endowments that are way past their maturity date. I want to cash them out and reinvest in something else. The reason is that the fees they currently attract do not sit well with me.
 
W@P said:
Sitting with the same problem.

Atm I have 16 x endowments that are way past their maturity date. I want to cash them out and reinvest in something else. The reason is that the fees they currently attract do not sit well with me.
Click to expand...

Endowments are tax internally. The product pays taxes internally. These products are nice ways to pay less tax (hope it makes sense)
 
zerocool2009 said:
Endowments are tax internally. The product pays taxes internally. These products are nice ways to pay less tax (hope it makes sense)
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Yeah, for sure. I just want to take the investment away from where it currently is. So, cashing out is my only option. I will then decide what to do with the cash.
 
anyone invested in/with the company Reitway? I see them on EE offering ETF's with regards to dividends through property etc, they seem very small though
 
SO, what is the jam regarding Renergen? I also got the moerse email document, etc. TLDR

Do we need to take any action, or will the swap occur automatically?
 
W@P said:
SO, what is the jam regarding Renergen? I also got the moerse email document, etc. TLDR

Do we need to take any action, or will the swap occur automatically?
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2.3.2 Own-Name Dematerialised Renergen Shareholders

2.3.2.1 If you are an Own-Name Dematerialised Renergen Shareholder who is, or is deemed (pursuant to paragraph 5.10.1 of this Circular) to be, a Scheme Participant, you will have your account held at your CSDP or Broker credited with the Scheme Consideration and debited with the Scheme Shares you are transferring to ASPI pursuant to the Scheme on the Scheme Implementation Date or, if you are a Dissenting Shareholder who subsequently becomes a Scheme Participant pursuant to paragraph 5.10.1 of this Circular, on the date contemplated in paragraph 5.10.1.2 of this Circular.

2.3.2.2 You must not complete the attached Form of Surrender, Transfer and Acceptance (blue).



IF YOU HAVE DEMATERIALISED YOUR RENERGEN SHARES

1.1 Acceptance of the Standby Offer1.1.1 You must not complete the Form of Surrender, Transfer and Acceptance (blue).

1.1.2 If you wish to accept the Standby Offer you should instruct your duly appointed CSDP or Broker, in accordance with the Custody Agreement concluded with your CSDP or Broker.

1.1.3 If your Broker or CSDP has not contacted you, it is advisable for you to contact your Broker or CSDP and furnish them with your acceptance of the Standby Offer.

1.1.4 If your CSDP or Broker does not obtain instructions from you, your CSDP or Broker will be obliged to act in accordance with the instructions contained in the Custody Agreement between you and your CSDP or Broker.

1.1.5 The instruction to accept the Standby Offer must be provided to your CSDP or Broker by no later than the cut-off time stipulated by your CSDP or Broker for such instruction in order for such CSDP or Broker to take the necessary action to accept the Standby Offer by 12:00 SAST on the Standby Offer Closing Date. You are accordingly advised to confirm with your CSDP or Broker as to what the cut-off time will be. This must be done in accordance with the Custody Agreement between you and your CSDP or Broker.

Last day to trade in order to be recorded in the Register on the Scheme Voting Record Date in order to be eligible to vote at the General Meeting

Results of General Meeting released on SENS and on the ASX onThursday, 10 July

“Consideration Ratio”

0.09196 Consideration Shares for every 1 (one) Renergen Share
Tuesday, 1 July
 
Emerging markets defy investor gloom to outshine developed world

Currencies, stocks and bonds in developing countries are defying US President Donald Trump’s trade war and the conflict in the Middle East to outperform global markets in 2025, after years in the shadow of a strong dollar.

A JPMorgan index of the local currency bonds of large emerging markets and an MSCI gauge of their shares have each gained around 10 per cent so far this year. In comparison, the MSCI World index, covering large stocks across 23 developed economies, is up 4.8 per cent, while the FTSE World Government Bond index is up 6.6 per cent.
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