This Thursday is futures closeout from 12h00 until 12h15. During this time the market is in an auction as the June derivative contracts close with a final mark to market price. Typically, closeout presents many profit opportunities as banks, hedge funds and traders manage their positions. Their aim is to maximise profits on some positions and reduce risk of loss on others.
Stocks to watch are ... ››› more
Most people often think sports betting is all about winning, but your losses are just as important as your wins.
Even the greatest sports bettors and gamblers will lose from time to time.
But it's how they react to those losses that matter.
Why do you need to learn how to take a loss?
Read on to find out…
Imagine tur... ››› more
US interest rates on the rise.
Fed Chair Janet Yellen provided testimony last week indicating a high likelihood of another US interest rate hike in March. The markets are now pricing in a 0,25% hike. The US dollar is strengthening again.
Local markets were flat over the week. The All Share squeezed out a gain of 0,1%, Resources were similar and Industrials down marginally (0,5%), Fin... ››› more
Q: "What buy instruction do I give to the broker? This is the first time I'm taking a trade I don't want to confuse the broker or myself" - W
A: I remember the first time I wanted to buy a share on the JSE in 2003, many years ago. The problem was…
I had no clue what to do or what to say to my broker.
Well, if you're a first time trader and you're not sure what to say to your broker, the... ››› more
I've experienced a few occasions where I believed I was investing in the right company at the right time... Only to see its share price plummet.
But as an investor sometimes you'll lose out - that's a big part of the experience. But the most important part is how you learn from these mistakes. That's why I look for these three indicators that tell me when a share is about to plummet.
Read on... ››› more
You've no doubt heard the stock market saying: Cut your losers, let your winners run.
Well this saying couldn't be more apt for traders. Hanging onto losing trades will only lead to disappointment.
So why is following the advice in this old stock market saying so important? And how can you apply it to your trading?
Read on to find out…
This saying is one of the hardest pieces of ... ››› more
At the end of July, Rand Refinery revealed it will receive a shareholder loan to make up for loss of 87,000 ounces or 2.7 tons of gold.
Rand Refinery in Germiston is one of the largest gold refineries in the world. It's the largest in Africa. It's also the largest single site for precious metals refining and smelting in the world.
At the current gold price, that's around $114 million (R1.2 ... ››› more
With the pressure heavily on fund managers to perform, there appears to be a growing trend in closet indexing. Closet indexing is when an actively managed unit trust fund starts to replicate its benchmark index. The result is you're paying more for a performance you could have got from investing in a tracker fund. Let's take a closer look at what's going on and what you can do about it…
The e... ››› more
The unit trust market is South Africa is massive. There are literally hundreds of funds out there waiting for your investment rand. But there is a chance that some of them aren't what they first appear to be. Invest in one of these funds and you could be wasting money paying for the expertise of a fund manager for nothing. So what is this all about? Read on to find out what you need to know…
... ››› more
If you're a value investor, you're looking for beaten down companies trading at value prices. There are a number of different ways to uncover the best undervalued companies trading at the best prices with the best potential. Here are three common strategies you could try out…
Get a 72 hour head-start on everyone else…
Let TV show pun... ››› more
If you want to add some spice and the chance of large gains to your investment portfolio then penny shares could be for you. But before you rush in and buy the first penny share you come across, you need to make sure you do your research. You don't want to throw your money into a company that has no hope of growing into a better one. Read on to uncover some tips to help you find a winning penny sh... ››› more
So you want to buy "what's on sale," right? We all do… Most investors think that buying what's "on sale" from last year is the right thing to do. The problem is, most investors are wrong… Read on to find out what you should do…
The historical evidence is clear and brutal, Dr Steve Sjuggerud in Daily Wealth explains… You will underperform the market if you buy last year's big losers.
... ››› more
Last week Forbes came out with its 2014 Investment Guide. The cover promises "365 Ways to Get Rich". Some of the ‘ways to get rich' were excellent and insightful, but some were dreadful. Let's go over the ‘ways to get rich' you should avoid…
So whatever you do, don’t follow these ‘ways to get rich,’ Alexander Green in Investment U explains…
3 ways not to get rich
#1: Keep an ... ››› more
Yesterday, for the first time ever the Dow Jones, America's largest market index, closed above 16,000 - That's a 146% gain since the lows of the financial crash.
At the same time, oil rallied to above $110 dollars per barrel.
And the US Fed is talking of tapering monetary stimulus.
But why should you care as a South African investor?
Well, all these factors come together to create the ... ››› more
If you decide to use a unit trust fund to invest in the stock market, you have two main options. Firstly, you can buy an actively managed unit trust fund. It will cost you more, but in return the manager will try to beat the market. Or secondly, you can buy a ‘passive' fund, which just aims to track the underlying index. It won't give you anything more than the return on the market, but it's a l... ››› more
Whatever you do, you need to take steps to ensure you don't become a “get poor quick investor”. Your investing career will be over barely after it begun. If you are new to investing or you want to become a better investor, then take note. Read on to uncover why you should avoid these four mistakes made by ‘get poor quick investors'…
The following mistakes have consistently proven themsel... ››› more
The JSE has done it again. The local bourse closed at record highs for the third day on the trot. It appeared that investors already banked in news that the US Federal Reserve (Fed) would maintain its $85 billion stimulus programme for the moment. Let's take a closer look at what happened on the JSE today…
The JSE again saw its “highest close on record for a third straight day” today, repo... ››› more
The JSE booked a record high today. This follows several record highs made on the local bourse two weeks ago. Let's have a closer look to see what sent the JSE soaring higher…
The JSE hit a “record high” earlier today, reports Fin24. A “rise in major gold mining” companies and financial services helped the stock market higher.
This saw the JSE Top 40 index end 0.65% higher at 38,903... ››› more
A rally in commodities pushes the JSE to close in record territory once again. This week saw four new highs out of five trading days. Let's take a closer look at what led to the JSE's bumper performance…
Today, the JSE “booked a record close for the fourth time this week,” reports IOL.
The JSE All Share Index closed at 43,042.11, up 1.25% for the day. The Top 40 companies added 1.4%, br... ››› more
To cut your losers and let your winners run is one of the most difficult pieces of advice to follow. If you could follow it to the word, you'd be rolling in the profits. Read on to uncover what you can learn from this stock market phrase…
It’s hard to follow the advice in ‘cut your losers, let your winners run’.
And that’s because the advice relates mainly to investment psychology. ... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.