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: 7 2.6%
  • Beating passive investment returns

    Votes: 130 47.6%
  • About par with normal returns from banks and money markets

    Votes: 49 17.9%
  • Lost a few pennies of spare cash to play with

    Votes: 26 9.5%
  • Should have rather left my money in the bank

    Votes: 22 8.1%
  • Took a knock

    Votes: 21 7.7%
  • Cremated

    Votes: 18 6.6%

  • Total voters
    273

e4et

Expert Member
Joined
Nov 2, 2011
Messages
1,905
So what should I do with the S&P500 in my tfsa ?
Would it be better to move it to something else, or ride this pending doom ?
 

Merlin

Expert Member
Joined
Jan 18, 2006
Messages
2,560
What's the general consensus regarding Steinhoff at present? Is it worth taking a shorter term punt, given the recent positive news and gains?
 

Kornhub

Blackburn Fan
Joined
Oct 15, 2008
Messages
33,892
Apparently they have a lot of projects lined up so I put in R2000 on easy equities (I can't put in more right now)

Master drilling group
 

InvisibleJim

Expert Member
Joined
Mar 9, 2011
Messages
2,516
Was just going to say the same. I'm up 88%
I'm on 159% - I had some before the price crashed and then picked up more at R40 something so my average purchase price is R120.

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Not going to sell yet though. I think it has more legs and I can be patient.
 
Joined
Mar 6, 2004
Messages
39,155
Just out of interest, what will be your criteria to sell? I always find the selling decision harder to make than the buying one.

I was going to sell @ R250, but then my friend reminded me that if I sell before 3 years is up, it is taxed using income tax rates rather than the CGT rate (which is lower). So I will only consider selling in March 2023. I would probably sell now if I wasn't under this restriction. However, I am rather excited (for Sasol, not my personal petrol expenses) about the market reports I'm reading that oil prices will remain high this year.
 
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