Find out what % of my capital I allocate to each one and why.
(Thread)👇🏽
• Introduction
The TFSA was introduced in SA in 2015. The aim is to encourage savings, in which all growth and income are tax free.
For example:
• No Capital gains tax
• No Dividends withholding tax
• No Tax on interest
Let’s quickly learn👇🏽
• Dividends
It’s important to capitalize on the structure of a TFSA.
What do I mean by this?
The point is to pay no tax, right? However, offshore dividends are taxed accordingly to the laws of that specific sovereign state.
So your dividends from abroad aren’t exempt.
• What’s inside and Why?
Remember, these ETF’s are all still denominated in Rand, so although they provide offshore exposure, I must still sell to Rands to be able to withdraw my funds.
So, there is no offshore like real offshore.
Let’s breakdown my holdings 👇🏽
(1) GLODIV
Offered by: @CoreShares
Launched: 2018 (February)
Fund size : R724million
Benchmark: S&P Global Dividend Aristocrats Blend Index (Custom
Why this fund?
• Offshore Exposure
• Constant Dividends
• Rand hedge
(although still denominated in ZAR)
Countries👇🏽
• Composition
Many of these companies have been increasing dividend payments year after year.
Although it contains other ETF’s, which isn’t always ideal, it offers low volatility and constant income growth.
Making it a strong contender to form the core of your portfolio.
• Alternative Payment Method
• Earnings are Increasing
• Rise in online Activities
• Reinvests Capital
• Cashless Society
• Constant growth
• User growth
• Scalable
• Crypto
(Thread) 👇🏽
•Introduction
#PayPal is an American company that operates an online payments system. It’s widely accepted across the globe and supports money transfers.
It serves as an electronic payment system which is an alternative to the traditional paper method.
•Valuation
Currently, 4 US Companies enjoy the trillion $ valuation, in a few years $PYPL will too.
Market Cap: $340bill
$289
It’s a 3x company in my eyes.I see double digit growth over the next decade as digital payments become ubiquitous.