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Online Share Trading

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Dont commit to a pention fund!!!

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Super Contributor
I have been chatting to the guys at Satrix and they are busy dotting the I's with SARS to allow individuals to invest up to 15% pretax dirrect into their EFT's. This is a no-brainer as their are very liitle costs and it will always outperform the index as it includes Div's
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Super Contributor
That's great. Will they be getting authorisation to transfer the funds from existing pensions when you transfer employment? Hope so.
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Super Contributor
Apparnetly you can ask your current RA to place funds within Satrix, best opption so far but still carries current RA cost.
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Super Contributor
This is F.A.R.K.ing fantastic news! Now you can put your pension money into the index trcaker ETFs of your choice, and beat 95% of the fund managers you have been paying your whole f....ing life to do worse than that. My split will be 50% resources, 25% property and 25% gold (hoepfully ABSA can catch a wake up and do this too!)
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