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    Full Member andrecv's Avatar
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    Investments ( containers/shares/forex)

    I am very interested in investing abroad but there is such a lot of SCAMS nowadays that it's better to keep the extra rand under the pillow...anyone know of reputable offshore investment options...i did a bit of research on so called co's that pest me day and night regarding investing in forex, containers,etc...SCAMMERS i tell you they are even published on the most wanted lists abroad...what now...???
    I do have a few rands in SATRIX 40 but that is obviously long term...

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    Morning Andre,

    The best and safest way is to invest your money with a local financial services provider, who diversify with funds offshore. I need to ask you though, why do you want to invest offshore? There are plenty of good vehicles to invest in locally

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    Full Member andrecv's Avatar
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    Thanks for the reply riaano but i do have a few local investments in my basket but maybe it is just going along at a slow pace according to me that is...

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by andrecv View Post
    i do have a few local investments in my basket but maybe it is just going along at a slow pace according to me that is...
    Better than going backwards like many other parts of the world. The JSE has been doing quite well compared to most other markets.

    If I was to look offshore... has anyone taken a close look at Australia and how their stock exchange has been performing?

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    Gold Member Mark Atkinson's Avatar
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    Quote Originally Posted by Dave A View Post
    If I was to look offshore... has anyone taken a close look at Australia and how their stock exchange has been performing?
    No, but their currency has been getting a whole lot stronger.

    A couple years back we were looking at R5 to the AU$, now it's drawing level with the US$!

    Regarding investing - I would definitely make sure I'm taking advantage of all the tax benefits available in SA for local investors before I looked abroad.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Mark Atkinson View Post
    No, but their currency has been getting a whole lot stronger.
    That's a big part of what made me wonder.

    Look, there's some interesting emerging markets, although not knowing the finer points of what's really going on in those countries and the companies with decent traction I see them as... a tad on the risky side.

    But Aus is a 1st world market, and indications are it's doing a heck of a lot better than pretty much all the other 1st world markets. Even if their stock exchange is pretty flat, that strengthening exchange rate adds quite a bit of spice.

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    Diamond Member Blurock's Avatar
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    Quote Originally Posted by Mark Atkinson View Post
    Regarding investing - I would definitely make sure I'm taking advantage of all the tax benefits available in SA for local investors before I looked abroad.
    Quote Originally Posted by cyppok
    I'm beginning to believe what Bluerock and Nickolay say, investing in your own economy is the best thing out there. Control, flexibility, and the ability to move etc...
    This is what the Americans and the Brits are doing now. Both countries are realising the benefits of local manufacturing and have started initiatives to re-invest in their manufacturing industries.
    Excellence is not a skill; its an attitude...

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    Hi Andrea!
    It is a very good idea thinking out of the box. You make a better and imaginable profits investing abroad, though that is not a guarantee.

    Some business fails and some prospers tremendously. This depends on what you would like to invest and the countries you have in mind.

    There is Economic upsurge in some countries in Africa right now...Angola, Nigeria, Zambia, Equatoria Guinea...

    Share your countries of choice and lets discuss it more.
    "IF YOU WAIT FOR PERFECT CONDITION, YOU'LL NEVER GET ANYTHING DONE"

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    Full Member andrecv's Avatar
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    Thanks Cejay...i prefer the european countries (UK,Germany and the like) i know it is kind of risky in the Eurozone currently but as the saying goes " from others misfortune comes your fortune"...

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    38% of local shares are owned by foreign investors, historically we've performed much better than developed economies, also offshore you have a second risk factor which is currency exchange rate, I personally invest into local equity and unlisted property shares. You have R22800 tax free profit per year on interest bearing assets, you invest into our economy, I personally believe you'll get better returns and so on.
    With regards to your satrix 40 if you invested into a non-tracking fund you would have gotten much better returns guaranteed, anyway just a thought
    ---There is no traffic at the extra mile---

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