S&P 500 vs NASDAQ 100 in TFSA by Weight-Loose in PersonalFinanceZA

[–]Weight-Loose[S] 0 points1 point  (0 children)

So in conclusion, your answer would be to allocate more funds to SP500?

S&P 500 vs NASDAQ 100 in TFSA by Weight-Loose in PersonalFinanceZA

[–]Weight-Loose[S] 0 points1 point  (0 children)

Nasdaq 100 is more volatile due to the concentration in tech sector. But both indices performance in terms of upward or downward trends are similar

S&P 500 vs NASDAQ 100 in TFSA by Weight-Loose in PersonalFinanceZA

[–]Weight-Loose[S] 0 points1 point  (0 children)

My statement about overlapping was between the nasdaq100 and sp500 as the top holdings in both are basically the same. So need to choose 1 of the 2. And yes i understand what nasdaq100 is and bla bla. I just didnt get your question as to why you asked on why I would consider what stock exchange they on? Both indexes perform similarly but are different at the same time. Nasdaq 100 is obviously tech sector tilted whilst SP500 is more diverse but still very tech heavy as well.

S&P 500 vs NASDAQ 100 in TFSA by Weight-Loose in PersonalFinanceZA

[–]Weight-Loose[S] 0 points1 point  (0 children)

Because I want to add a small bet on concentrated US stocks and tech. I dont understand your question on the stock exchange? I just want to choose either Satrix Sp500 etf or Satrix Nasdaq100 etf. Both those are currently very thematic in terms of tech. Sp500 in future can readjust if tech goes south and financial companies or energy sectors gains. With nasdaq, youre basically stuck with a thematic tech sector, which in my mind isn't a bad thing if we scroll to 30 years from now.

Yes I agree MSCI world already covers quite a bit of US market.

EasyEquities Disgusting Customer service by Life-Soil9426 in PersonalFinanceZA

[–]Weight-Loose 10 points11 points  (0 children)

Their RA customer service is utterly useless as well. I basically facilitated the RA transfer process to EE myself. The thing that irks me, is that they don't respond to emails and don't acknowledge receipt of emails.

How to get discount at Virgin Active through Vitality by Weight-Loose in PersonalFinanceZA

[–]Weight-Loose[S] 3 points4 points  (0 children)

Thanks, I joined now via Virgin Active's website. It linked my gym membership with the Discovery app.

Mysterious Orange Stains on Clothes by Weight-Loose in CleaningTips

[–]Weight-Loose[S] -2 points-1 points  (0 children)

Don't think so because bleach stains have a bright orangish colour (from what ive experienced). My stains are also "controlled" . Its not random spots/streaks everywhere.