mass09
Expert Member
You should have planned your exit strategy before you entered...
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Why are my shares doing so crap?
- Thread starter TheGuy
- Start date
This is a learning experience I'm spending about a R1000 a month on shares. It's also money I'm not too worried about.
Thanks will do.
:wtf::wtf:
Crystal ball gurus. They're a dime a dozen...
Nom Chompsky
High Tory
What about Capitec? I just looked up on Moneyweb and they've gone up 33% in the past 3 months...
LancelotSA
Banned
I sat here reading this thread and shaking my head....
Lance you normally the main broker guy on the forum.
Will this plan work? /thread hijack...
If one takes out 5 consecutive 5 year policies.
R300pm for the 1st year, the another policy the next year total R600pm and then another the next year R900pm etc.
Will you qualify for a +-R50 000 payout every year after that?
Is that a viable option or just dumb coz There's a better way of doing it??
Will this plan work? /thread hijack...
If one takes out 5 consecutive 5 year policies.
R300pm for the 1st year, the another policy the next year total R600pm and then another the next year R900pm etc.
Will you qualify for a +-R50 000 payout every year after that?
Is that a viable option or just dumb coz There's a better way of doing it??
very good suggestion, ETF's are indeed a better option with overall associated lower "fees", as a bonus you have control over your funds anytime/anywhere. Where possible try to keep your finance under your own control/discretion before looking @ RA's/endowments etc
supersunbird
Honorary Master
Just leave it, or else you'll just cement your losses...
Supersunbird could be right.
A loss can only be realised when you sell.
One comment. Owning both Vodacom and Telkom? Diversification is the key to most portfolios and those 2 shares are basically in the same sector of the market. Chances are Telkom are going to tick up slowly with reasonable dividends, unless there is corporate action which might be what Telkom needs, plus the new CEO might stir up something profitable for a change and this underrated share gets a re-rating. Vodacom on the other hand is ex growth in South Africa, they need to expand their horizons in which case you could have rather bought MTN when they were R100 recently as they have exposure all over the world. Vodacom are making huge profits, but I think that might start to tighten up in the way of competition.
Don't know the other shares. Satrix40 is simpler if you don't know the market, but heavily weighted to our resource counter.
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lws
Well-Known Member
I think that August is supposedly and historically the bad month where shares normally take a dive each year.
LancelotSA
Banned
Not 100% certain of your maths there but by my calculations you'd need a 42% return per annum to achieve your expected R50,000 from each of those investments when they mature after 5 years. So pretty much impossible. Or am I missing something?
I realise that this recommendation is always put forward due to the lower costs but please bear in mind that the costs are only lower if you do it direct and do not use a broker. The use of a broker, as a result of obviously requiring advice, will result in higher costs here too.
An endowment may well have a place is some people's portfolio and this is why an individual analysis is always recommended. The proceeds of an endowment are paid tax free into the investor's hands at the end of the term as the returns are taxed in the investment company's hands during the course of the investment. This is usually done at a rate of 30%. An individual with a personal tax rate of 40% may well benefit from using an endowment for investment purposes. Of course this does not apply to investments that earn dividends.... yet.
Another person for whom an endowment may be suitable is someone who is not very disciplined when it comes to investing. Being tied in for a period of at least five years could be beneficial to this type of person. It will not be so easy for them to dip into their capital at a whim.
Just to give you guys an update I own around R4000 in shares now in the above mentioned companies and I've made around R60 profit. Anyway will continue to buy shares every month.
I'm also going to attend one of the free courses that Standardbank offer the public. A financial advisor told me it's one of the best trading course she has been to. You can book here if you want to attend: https://securities.standardbank.co.za
I'm also going to attend one of the free courses that Standardbank offer the public. A financial advisor told me it's one of the best trading course she has been to. You can book here if you want to attend: https://securities.standardbank.co.za
I participated in the Sanlam iTrade Competition the last 3 months. It ended 30 September.
I wanted to experiment this time, by only investing once (i.e. buying my shares at the start of the comp and holding on to them) and make no trades throughout the competition. I manage to make about 11% return in 3 months on R1m.
It's not THAT good at all, but I wanted to try something new by keeping a static portfolio...
These competitions are good experience for anyone who wants to learn more about share trading!
I wanted to experiment this time, by only investing once (i.e. buying my shares at the start of the comp and holding on to them) and make no trades throughout the competition. I manage to make about 11% return in 3 months on R1m.
It's not THAT good at all, but I wanted to try something new by keeping a static portfolio...
These competitions are good experience for anyone who wants to learn more about share trading!
Pitbull
Verboten
If you invested in Gold about a year ago you would now have been making a completely different thread
