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03-09-2018 05:57 PM
So I have put some money in my TFSA. How do I time buying ETFs as they are basket shares?
I have some some normal shares and my my naive strategy is to buy blue chips when they dip and hold for the long run. For example I am buying MTN as I believe that their fundamentals are good but they have been wacked by fines so sentiment must be bad but they are still paying a 5% divident. I see Tinger brands has also taken a hard nock. Then I took a gamble and put a few grand on Steinhoff and Lonmin. Is this strategy completely foolish?
04-09-2018 10:44 AM
Also bought some MTN shares yesterday at R86.80. Hope it is not 'falling knives'. Price is above R87 today.
04-09-2018 12:43 PM
04-09-2018 05:04 PM
HELP !
13-05-2019 02:08 PM
20-08-2019 10:51 AM
You shouldn't speculate but invest.... You can never know where your luck lies and Steinhoff could bounce back.... So just let them be.