Test your investment savvy on the JSE

Noob-Noob

Executive Member
Joined
Feb 1, 2010
Messages
7,030
i see im 1st :D
From dead last to 1st, wont last long though, but the screenshots will :p
 

Sinbad

Honorary Master
Joined
Jun 5, 2006
Messages
81,151
So I actually checked every MYBB portfolio (that is visible) and was astonished to see that there was almost no purchasing of ETF's. In the few portfolios where there was it was less than 20% of the portfolio. So most people from MYBB that have entered are going with purchases of individual companies. Anyways, I still think diversification has a place so I have bought 100% ETF's, most being STXDIVI and the rest being Nedbank BettaBeta. Gonna see if the diversified lazy mans couch potato approach will get me to the top 20% by year end. I predict it will. Someone betting big on a few companies will beat me but I am not aiming to be the best, only to be in the top 20% and prove once again that managed funds don't often beat the diversified approach.

50% etfs here - RMB midcap and rmb top 40 :)
 

Noob-Noob

Executive Member
Joined
Feb 1, 2010
Messages
7,030
50% etfs here - RMB midcap and rmb top 40 :)

Ja lets talk more about me, want some investment tips?,
34gsrax.jpg


As we can both see here, i'm kind of a expert when it comes to this kind of stuff :D
 
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Sinbad

Honorary Master
Joined
Jun 5, 2006
Messages
81,151
Ja lets talk more about me, want some investment tips?,
34gsrax.jpg


As we can both see here, i'm kinda a expert when it comes to this kind of stuff :D

lol
What you've done isn't a sound investment strategy. If you were trading, then absolutely you're doing fantastically - but all your eggs are in 2 baskets here and you can't sell in this game should bad news hit one of them...
 

Noob-Noob

Executive Member
Joined
Feb 1, 2010
Messages
7,030
lol
What you've done isn't a sound investment strategy. If you were trading, then absolutely you're doing fantastically - but all your eggs are in 2 baskets here and you can't sell in this game should bad news hit one of them...

Well me being the expert here, i have to disagree. ;):whistling::D
During the next few months Woolworths will go down, but over the long term it is still a good investment, go and look on moneyweb over the last 5 years, they have grown substantially!, but if i did have the option to sell, i would have sold now.

I have also checked a few of the guys profiles, all these people with shares all over are the ones that’s doing poorly
 
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patrick

Expert Member
Joined
Dec 14, 2005
Messages
3,122
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Tacet

Expert Member
Joined
Feb 16, 2010
Messages
2,733
jislaaik I think I was sabotaged cause today I am 108 on the Richer Scale.

If you think this is bad, try trading. I've registered on the Fin24 site - they allow trading, complete with transaction costs. Yesterday I still made decent profit, today I'm making a horrible loss. I'm so glad it's just a simulation....
 

waynegohl

Ancient Astronaut
Joined
Nov 4, 2007
Messages
41,459
If you think this is bad, try trading. I've registered on the Fin24 site - they allow trading, complete with transaction costs. Yesterday I still made decent profit, today I'm making a horrible loss. I'm so glad it's just a simulation....

Interesting!!

We been discussing forex trading here at home and buying gold and that made me try this test but I don't understand what's going on but it feels exciting.
 

Niner

Well-Known Member
Joined
Aug 11, 2012
Messages
477
Mmm, up a nice little bit. Now almost in the top 100. Do think I was a bit hasty in buying - not diversified as much as I would like.
 

Tacet

Expert Member
Joined
Feb 16, 2010
Messages
2,733
Mmm, up a nice little bit. Now almost in the top 100. Do think I was a bit hasty in buying - not diversified as much as I would like.

Just remember that there is a transaction cost per transaction. If you diversify by buying into many different companies, the transaction cost will eat into your profits.
 

Niner

Well-Known Member
Joined
Aug 11, 2012
Messages
477
I understand that much. At the moment, though, I have shares in 5 companies, one of which is Satrix Indi. I'm spread 10%-10%-20%-20% and 40%, and I'm not happy with my 40%. Will buy slightly differently next month - either etf again, or CFM I think.
 

Sinbad

Honorary Master
Joined
Jun 5, 2006
Messages
81,151
If it wasn't for this, I'd be doing better:
ANG ANGLOGOLD ASHANTI LTD 500 17750 15919 -10.32% R79595 15.51%
 
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