High Yielding Shares Reloaded

Discussion in 'Share Investing Strategies, Theories & Education' started by Ouga, 18th Jun, 2015.

Join Australia's most dynamic and respected property investment community
Page 2 of 5
  1. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    From some reading of Singapore stock forums, LSE is preferred as it reduces the withollding tax for US stocks. I think an ETF domiciled in Ireland is only faced with 15% witholding tax as opposed to 30% for one in Singapore.
     
    KDP, 1st Jul, 2015
    #21
  2. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    What's the thinking on RAFI Falcon? I don't know much about how it compares with the usual ASX200.
     
    KDP, 1st Jul, 2015
    #22
  3. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,426
    Location:
    AU
    I've posted some stuff on this in the ETF thread, take a look. There is some stuff on strategic / smart beta :)
     
    The Falcon, 1st Jul, 2015
    #23
    KDP likes this.
  4. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,426
    Location:
    AU
    got you.......and if your tax rate is below 30% then a 30% withholding tax is a real problem ;)
     
    The Falcon, 1st Jul, 2015
    #24
  5. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    Exactly. Even a 15% witholding tax is still a problem actually haha.
     
    KDP, 1st Jul, 2015
    #25
  6. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    So far so good the last couple of days, a fair bit of uncertainty at the moment so wouldn't surprise me if we get a few more dips in the next month. I'll look to add more when this happens.
     
    KDP, 2nd Jul, 2015
    #26
  7. r3ckless

    r3ckless Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    126
    Location:
    Sydney
    same. I'm re balancing and getting out of some financial stocks and going heavier on consumer staples and health care! sold out of WBC and CWN today. if CWN drops back around the $12.x I'll get in again
     
    r3ckless, 2nd Jul, 2015
    #27
  8. BingoMaster

    BingoMaster Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    440
    Location:
    Germany
    I bought REA, RHC and SEK last week during one of the heavy down days for the market.
     
    BingoMaster, 2nd Jul, 2015
    #28
  9. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    7,491
    Location:
    WA
    Sold a couple of punts to harvest some tax losses for the FY and picked up some ASX200 on my monthly acquisition plan whilst the Greek tragedy played out

    Oh..bought some WBC mid June also
     
    Redwing, 2nd Jul, 2015
    #29
  10. BingoMaster

    BingoMaster Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    440
    Location:
    Germany
    BingoMaster, 2nd Jul, 2015
    #30
  11. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    At $26.50, BHP is a 6% net if it continues its dividend policy and the $AUD/$USD stays as is.

    pinkboy
     
    158, 3rd Jul, 2015
    #31
  12. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,426
    Location:
    AU
    Anyone have any interest in IFL.AX ? I am a fan of the sector (the only real sector tilt I have on the ASX - I like the long term economics ; mandated capital inflows, customer stickiness, growing FUM so more ticket to clip :) ). I feel the current circus is a bit of a beat up and its oversold. I am more aligned with this view ;
    http://www.moneymanagement.com.au/news/financial-planning/key-whistleblower-hits-out-witch-hunts

    Than Sen. Dastyari's. I think sub 840cps I'll start a long term position.
     
    The Falcon, 7th Jul, 2015
    #32
  13. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    What's the effect on the dividend with the recent demerger?
     
    KDP, 7th Jul, 2015
    #33
    Jack Chen likes this.
  14. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    In the demerger paperwork, BHP said it was continuing it's floored dividend policy. So even if they maintain their USD $0.62 we will see around a AUD $0.82 dividend. That's 6.18% (annualized) net.

    Proof will be in the pudding come next dividend announced.

    pinkboy
     
    158, 7th Jul, 2015
    #34
    KDP likes this.
  15. KDP

    KDP Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    484
    Location:
    Melbourne
    Interesting, thanks Pinkboy.
     
    KDP, 7th Jul, 2015
    #35
  16. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld

    Of course, do your own research. Yield of 6% is useless if the price of BHP continues to fall, they cut their dividend if they realize they can't pay that much, AUD$ gets stronger......etc.

    pinkboy
     
    158, 7th Jul, 2015
    #36
  17. Jamie_

    Jamie_ Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    402
    Location:
    Perth
    Jamie_, 7th Jul, 2015
    #37
  18. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,426
    Location:
    AU
    The Falcon, 7th Jul, 2015
    #38
  19. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    6,796
    Location:
    ....UKI nth nsw ....
    willair, 8th Jul, 2015
    #39
  20. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    158, 8th Jul, 2015
    #40
Page 2 of 5