21 replies to this topic

[andi222]

Is anyone invested in this share? Looked at latest SENS where they got a capital raising @ around 4 cents. Looks like worth a try?

[Wolf on JSE]

Thanks a lot! Why not resources?

 
I buy shares with a very long term outlook. And I mean long term - it would not surprise me to have 80% of the shares I have now when I die. I pretty much just look at 5 and 10 year graphs when deciding to buy shares and I treat the shares dividend as income - I have to as that is what I live on! That said, the aim is also to have the capital doubling every 5 years (around 15% per year) - so to get a decent starting dividend I have around 1/3 in listed property.
 
When it come to resources, they often do pay a decent dividend in good times as well as capital growth - but because mining is cyclical, it's a very bumpy 10 year graph - there is a very good chance that after 5/10 years you end up with the same or less money than when you started. For me it's a trading stock
 
If you look at most financial graphs you see nice steady growth on most of them - bit of a slow down here and there, but generally good strong growth. Of course there are anomalies (absa/ old mutual) - but just talking overall here.
 
Because of the way I choose stocks I did exclude a few stocks that i really like but did not pay a good enough dividend in a quick enough time - shares like Naspers/ Aspen/ DSY (though for DSY bought RMI which sort of got around the problem) - these share I have now in my "play" account. But for you, I would not put such a heavy influence on dividends - just treat them as a bonus!
 
The other day I worked out my sector splits:
Financial - 28%
Local Prop - 22%
Inter Prop - 15%
Telcoms - 9%
Retail (9%) - almost all MPC

Other - 17%
 
Lastly, although I rate ETF highly as a product to get people uninterested in shares into shares in a low fee way. I do think if you are interested though, individual shares are quite a bit better for one main reason. It's way more fun, and because of that you will invest more money into it. Maybe I am just weird, but I enjoy buying the shares, watching them grow, reading the SENs esp trading updates and getting my dividends a couple of times a year. Hell, I even like knowing that when I eat at Spur that a fraction of a fraction of my meal will come back to me in dividends! 
 
And all that happens year in/ year out - with just the one purchase. What else can you buy that gives you that?

Wow thanks a lot. That surely is a diffrent kind of outlook but its a lot simmilar to where im comming from. Though, my satrix acount is allready there and it is free so I am gona keep prize money in there

[MrDividend]

Wow! I love this forum. Such a great learning place.

 

Ja, i have learned a lot and got some ideas from some of the guys on here. Confusion often reigns though, between the long term investors and shorter term traders.

[Sugafoot]

Wow! I love this forum. Such a great learning place.

[MrDividend]

Thanks a lot! Why not resources?

 

I buy shares with a very long term outlook. And I mean long term - it would not surprise me to have 80% of the shares I have now when I die. I pretty much just look at 5 and 10 year graphs when deciding to buy shares and I treat the shares dividend as income - I have to as that is what I live on! That said, the aim is also to have the capital doubling every 5 years (around 15% per year) - so to get a decent starting dividend I have around 1/3 in listed property.

 

When it come to resources, they often do pay a decent dividend in good times as well as capital growth - but because mining is cyclical, it's a very bumpy 10 year graph - there is a very good chance that after 5/10 years you end up with the same or less money than when you started. For me it's a trading stock

 

If you look at most financial graphs you see nice steady growth on most of them - bit of a slow down here and there, but generally good strong growth. Of course there are anomalies (absa/ old mutual) - but just talking overall here.

 

Because of the way I choose stocks I did exclude a few stocks that i really like but did not pay a good enough dividend in a quick enough time - shares like Naspers/ Aspen/ DSY (though for DSY bought RMI which sort of got around the problem) - these share I have now in my "play" account. But for you, I would not put such a heavy influence on dividends - just treat them as a bonus!

 

The other day I worked out my sector splits:

Financial - 28%

Local Prop - 22%

Inter Prop - 15%

Telcoms - 9%

Retail (9%) - almost all MPC
Other - 17%

 

Lastly, although I rate ETF highly as a product to get people uninterested in shares into shares in a low fee way. I do think if you are interested though, individual shares are quite a bit better for one main reason. It's way more fun, and because of that you will invest more money into it. Maybe I am just weird, but I enjoy buying the shares, watching them grow, reading the SENs esp trading updates and getting my dividends a couple of times a year. Hell, I even like knowing that when I eat at Spur that a fraction of a fraction of my meal will come back to me in dividends! 

 

And all that happens year in/ year out - with just the one purchase. What else can you buy that gives you that?

Edited by MrDividend, 24 January 2015 - 09:46 AM.

[Wolf on JSE]

Thanks MrDivident will surely not stop. The JSE Investment Challange is also a good form of motivation to keep tradim for me.


That said I got my prize money in a satrix account. Which one would you recomend?


Sent from my GT-I9190 using Sharenet Sharechat mobile app

 
Sorry, have not looked into those ETF's - and although I like dividends (obviously) being young I think you should go for growth.
 
That said had a very quick look and if I had to chose one would probably go for the SATRIX FINI - as this most aligns with what I have - and not a resource in sight! looking at the company mix I am sure it pays a decent dividend anyway.

Thanks a lot! Why not resources?

[MrDividend]

Thanks MrDivident will surely not stop. The JSE Investment Challange is also a good form of motivation to keep tradim for me.

That said I got my prize money in a satrix account. Which one would you recomend?

Sent from my GT-I9190 using Sharenet Sharechat mobile app

 

Sorry, have not looked into those ETF's - and although I like dividends (obviously) being young I think you should go for growth.

 

That said had a very quick look and if I had to chose one would probably go for the SATRIX FINI - as this most aligns with what I have - and not a resource in sight! looking at the company mix I am sure it pays a decent dividend anyway.

[Wolf on JSE]

Also Wolf, always keep in mind that you are looking for percentage gains - the share price is irrelevant. Although, of course, a few thousand's shares  VIS shares @ 49c sounds a hell of a lot nice than say, 5 BTI @ R646  I made this mistake early on.
 
Try buying quality shares from the get go - this is your base and only add small caps when you have reached a decent amount - for me I allow myself 5% on small cap punts/ bit of a gamble. But you might find your mid caps grow well enough that you do not need to venture into the tiny, under a billion caps.
 
If you putting little bits away here and there with a longish term view, take a look at trading through these guys. www.easyequities.co.za/  - cheap and cheerful way to trade most shares - not great for tiny caps and day trading, but works well for most shares. Really small fees and no monthly fee. I have an account there for playing - works well. Seriously, you can do a R250 trade and it'll cost you around R2 in fees.
 
But the biggest thing: I (and I am sure a few others on here) WISH I started dealing shares at your age (It was a bit more hassle then though) - I would be loaded now. I mean really, really LOADED. Do not let buying VIS put you off. Keep on trucking, but do not treat the Jse like a casino or a get rich quick machine. Buy shares that make sense to you and that you like - there is probably a good reason why you like them. That said, I dislike VOD/MTN but own them both as I respect the way rip customers off to make a buck
 
 

Thanks MrDivident will surely not stop. The JSE Investment Challange is also a good form of motivation to keep tradim for me.

That said I got my prize money in a satrix account. Which one would you recomend?

Sent from my GT-I9190 using Sharenet Sharechat mobile app

[MrDividend]

Also Wolf, always keep in mind that you are looking for percentage gains - the share price is irrelevant. Although, of course, a few thousand's shares  VIS shares @ 49c sounds a hell of a lot nice than say, 5 BTI @ R646  I made this mistake early on.

 

Try buying quality shares from the get go - this is your base and only add small caps when you have reached a decent amount - for me I allow myself 5% on small cap punts/ bit of a gamble. But you might find your mid caps grow well enough that you do not need to venture into the tiny, under a billion caps.

 

If you putting little bits away here and there with a longish term view, take a look at trading through these guys. www.easyequities.co.za/  - cheap and cheerful way to trade most shares - not great for tiny caps and day trading, but works well for most shares. Really small fees and no monthly fee. I have an account there for playing - works well. Seriously, you can do a R250 trade and it'll cost you around R2 in fees.

 

But the biggest thing: I (and I am sure a few others on here) WISH I started dealing shares at your age (It was a bit more hassle then though) - I would be loaded now. I mean really, really LOADED. Do not let buying VIS put you off. Keep on trucking, but do not treat the Jse like a casino or a get rich quick machine. Buy shares that make sense to you and that you like - there is probably a good reason why you like them. That said, I dislike VOD/MTN but own them both as I respect the way rip customers off to make a buck

 

 

[Wolf on JSE]

Wolf, son, I was once like you. Young, inexperienced and had been lied to enough about the market to believe it should go up by half a % everyday.

One of the best quotes about the market I have ever heard (possibly the best ever) is "the market will prove you wrong, before it proves you right"

This is what has given me strength when my belief wavered because the market has proven me right.

So my advise is for you to read allot of philosophy about markets because that will carry you on such days.

Sure will. Thanks sugafoot

[Sugafoot]

Wolf, son, I was once like you. Young, inexperienced and had been lied to enough about the market to believe it should go up by half a % everyday.<br /><br />One of the best quotes about the market I have ever heard (possibly the best ever) is "the market will prove you wrong, before it proves you right"<br /><br />This is what has given me strength when my belief wavered because the market has proven me right.<br /><br />So my advise is for you to read allot of philosophy about markets because that will carry you on such days.

[Wolf on JSE]

HiI'm a teenager with some money that I'm investing and I made the mistake of getting on at 49c! Please help! Is there any chance of possibly breaking even? Or is it going to take too long?

What is the relevance of being a teenager at all? Substitute the word teenager in your sentence with "pensioner", "gambler", "ignorant", etc. what are you buying next? I'd be happy to take some money off you...

I simply mentioned it to let people know that im still inexperienced and need some guidance. Im sorry if it offended you in any way Immobilier

[Immobilier]

HiI'm a teenager with some money that I'm investing and I made the mistake of getting on at 49c! Please help! Is there any chance of possibly breaking even? Or is it going to take too long?

What is the relevance of being a teenager at all? Substitute the word teenager in your sentence with "pensioner", "gambler", "ignorant", etc. what are you buying next? I'd be happy to take some money off you...

[Wolf on JSE]

Hang in there kid. Either you lose allot or wait till you recoup quite a bit. Give it another 23months.

Ok thanks. I think I'll have to let go eventually because it is going to do me no good if the money just sits there. Ill rather get in on the gold now while its rising, at least 10% more to be made there. Then I'll move it somwhere with sure slow growth I think bit I'll cross that bridge when I get there

[Sugafoot]

Hang in there kid. Either you lose allot or wait till you recoup quite a bit. Give it another 23months.

[Wolf on JSE]

Hi


I'm a teenager with some money that I'm investing and I made the mistake of getting on at 49c! Please help! Is there any chance of possibly breaking even? Or is it going to take too long?

Something I always ask myself when deciding whether to cut my losses or not is: Would I buy into the company at the current share price level with 49c (in this case) as my Target Price? If not, then I cut my losses 
Remember opportunity cost is a big factor. Would you earn a better return by cashing in now and investing elsewhere than you would in the time taken to reach 49c?
 
Anyways, I have been watching VIS for a while now but have not entered. I believe they need to show better results first. Their next results are due in 5 months time so I would expect the share price to drift at current levels or lower until then, barring a meaningful acquisition (or some other out of the ordinary SENS). If it was me I would try to cash up at 30c, invest elsewhere for a while and perhaps re-enter just before results if I still believed in the company.
That is only my opinion hey and I've been wrong many times before good luck

Thanks a lot Yusuf

Sent from my GT-I9190 using Sharenet Sharechat mobile app

[yusufm]

Hi

I'm a teenager with some money that I'm investing and I made the mistake of getting on at 49c! Please help! Is there any chance of possibly breaking even? Or is it going to take too long?

Something I always ask myself when deciding whether to cut my losses or not is: Would I buy into the company at the current share price level with 49c (in this case) as my Target Price? If not, then I cut my losses 

Remember opportunity cost is a big factor. Would you earn a better return by cashing in now and investing elsewhere than you would in the time taken to reach 49c?

 

Anyways, I have been watching VIS for a while now but have not entered. I believe they need to show better results first. Their next results are due in 5 months time so I would expect the share price to drift at current levels or lower until then, barring a meaningful acquisition (or some other out of the ordinary SENS). If it was me I would try to cash up at 30c, invest elsewhere for a while and perhaps re-enter just before results if I still believed in the company.

That is only my opinion hey and I've been wrong many times before good luck

Edited by yusufm1, 22 January 2015 - 05:06 PM.

[Mr.Balls]

Doesn't sound like you "invested", you "traded"...

[Wolf on JSE]

Hi

I'm a teenager with some money that I'm investing and I made the mistake of getting on at 49c! Please help! Is there any chance of possibly breaking even? Or is it going to take too long?

[Goliath]

Check the other post on this topic. Just search for it

 

What he said, liked it when it listed and still holding a small punt but thus far not a real shiner, latest financials not great reading.. but I'd say still worth a punt!