Simon Shares

• ZAR X and 4AX exchanges are coming. But do they have any listings we care about and are we able to trade them with our current brokers.
• Kumba Iron Ore (JSE code: KIO) very impressive and cost per tonne is well down from over $40 to $29, but no dividend.
• Brait* (JSE code: BAT) shows what a mess New Look as they slice R10billion of the NAV to R8.7billion, and the UK just released best unemployment rate in 11 years but wages under pressure.
• Rand heading for R13/US$, no surprises as it one of my predictions for 2017. Question is how much stronger and as important any strengthening will not be in a straight line.
• Full list of ETFs that can be used in a tax-free account.
• Upcoming events
  • Momentum portfolio stock picks for 2017/8
  • JSE Power Hour: Finding that perfect share
  • JSE Power Hour: Anthony Clark 2017 small cap picks

* Simon holds ungeared positions.

Trading tax-free accounts

In last weeks JSE Power Hour on tax-free investing Simon mentioned trading a tax-free account. This got many excited thinking about derivatives and shares, but no. The restrictions for tax-free accounts remain but Simon has ways we can still trade without gearing and enhance returns (or losses).

We Get Mail

• Eric
  • Honestly, it's never been easier or this cheap to bulletproof your Rand wealth through diversified products covering the globe.
• Janus
  • I'm heavily invested in STXIND. Obviously not happy with the performance at the moment. I would like to stay with Satrix but was thinking of selling all STXIND and buy STXRES. Good or bad plan? Perhaps go 50/50?
• Many people
  • I want to buy an unlisted share, is it a good idea?

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