Short/long term investments/retirement policies etc advise

[DVSTT]

How much you bought?

Not as much as I had wanted :/

[pugboy]

Panic selloff might start

[jusjase44]

yup it will

[Jahflame]

Invest in yourself. Further your education in a field that would make you marketable in a lucrative industry for employment or enable you to have a better chance at opening and running a successful business.

[DVSTT]

What you guys think of Guardian Holdings?

[pugboy]

Stock market been on a tear last few days,
Election must have something to do with it

[nervewrecker]

commenting in here to be able to find it easier later.

[jusjase44]

same here......................................

[nervewrecker]

Set your goals wrt what you want, then look around on whats available. As markets change, investments change.

If the returns are high, please remember that your investment will be faced with high risk. IMO you shouldn't invest more that 10% (or depending on your appetite) of your total investment in those vehicles and it should be for SHORT TERM. For example, if you set a return on investment and you reach it, you should liquidate.

Investments backed by Govt Bonds are typically good cover for inflation although it would not protect you fully.

Keep about 6 month worth of your expenses in near cash form, such as bank account, unit trust, etc

ANSA seems to be a good investment and the composition of their funds seems to mixed well. Most likely their corp bonds are ANSA based and the group is still performing well.

Diversify your investment as much as possible.

The best investment is still land tho if you can get it at the right price.

Can anyone shed some light on how you can invest in ANSA, Massy or one of those places mentioned in here?

Any info will be appreciated. Just want to take a feel / taste of it.

[Redman]

There is no 'best investment' if we agree that each investor is different.

Nervewrecker-ANSA sells their own funds-so you can find their website and see the prospectuses.

Massey stock trades on the stock exchange-you will need to use a local broker.

[DVSTT]

What smart investments are available now?

[Xplode]

Did a lil search and found this ,looking for a good stock broker around Port of Spain area and i bought some RBC shares some time ago ,well now it's the foreign company Computershare base in Canada since RBTT was changed to RBC ,im ready to sell some of my shares .

https://www-us.computershare.com/Invest ... a#SCUSRYCQ

[snatman]

look at JMMB shares.

good one to buy and hold on to.

4% dividends and great growth prospects

[Xplode]

look at JMMB shares.

good one to buy and hold on to.

4% dividends and great growth prospects

From reading the financial report Bourse JMMB is one of the worst company to buy shares .
heard from a good source the CIF ( Clico Investment Fund ) will be making a change for the good

[nervewrecker]

There is no 'best investment' if we agree that each investor is different.

Nervewrecker-ANSA sells their own funds-so you can find their website and see the prospectuses.

Massey stock trades on the stock exchange-you will need to use a local broker.

I Googled brokers and under Caribbean Stock brokers came across Republic Securities.

http://www.stockex.co.tt/controller.php ... ember&id=6

Is that what I should be looking for?

ANSA keeps popping up every side I turn and iirc minimum buy in was TT$25k but what kind of annual interest we talking with them here? Republic bank is 1% for comparison and iirc thats only on up to $120k

[pugboy]

There arent many brokers,
Wise,cmmb/fcb
Republic securities, bourse..

All they do is handle the transaction for you and ask for the money to be paid so they can pay for the shares plus commission.
If they know you long time you might get some time to pay for the shares.

[DVSTT]

I also heard something similar

[Redman]

There is no 'best investment' if we agree that each investor is different.

Nervewrecker-ANSA sells their own funds-so you can find their website and see the prospectuses.

Massey stock trades on the stock exchange-you will need to use a local broker.

I Googled brokers and under Caribbean Stock brokers came across Republic Securities.

http://www.stockex.co.tt/controller.php ... ember&id=6

Is that what I should be looking for?

ANSA keeps popping up every side I turn and iirc minimum buy in was TT$25k but what kind of annual interest we talking with them here? Republic bank is 1% for comparison and iirc thats only on up to $120k

The interest rate on the funds from ANSA vary.

On the local stock market the commissions are standardized-so that 1% you saw would be common to all brokers.
Re JMMB-I would buy it speculatively -because JMMB is now owned as part of the AIC/NCBJ group and is going to be a launching pad for that groups re entry into TnT.

[trinigamer]

JMMB owns Intercommercial Bank so they already have a foothold in TT

[Redman]

That was the first step
Lee Chin has consolidated AIC/NCBJ through some transactions and is looking for an insurance co.

[Country_Bookie]

There is no 'best investment' if we agree that each investor is different.

Nervewrecker-ANSA sells their own funds-so you can find their website and see the prospectuses.

Massey stock trades on the stock exchange-you will need to use a local broker.

I Googled brokers and under Caribbean Stock brokers came across Republic Securities.

http://www.stockex.co.tt/controller.php ... ember&id=6

Is that what I should be looking for?

ANSA keeps popping up every side I turn and iirc minimum buy in was TT$25k but what kind of annual interest we talking with them here? Republic bank is 1% for comparison and iirc thats only on up to $120k

You can buy ordinary shares of ASNA McAL and Massy through a broker. Republic Securities is a broker, as are WISE, FCIS, Caribbean Stockbrokers, AIC or all registered broker dealers listed here: http://www.ttsec.org.tt/registration.php?mid=16 They charge commissions both on buying and selling the shares. I’d call around and see who offers the lowest commissions before choosing one.

U don’t get a fixed interest rate when buying shares, ur return comes from dividend yield and capital appreciation. Dividends are paid twice a year and ur capital appreciate or depreciates depending on how the share price moves. Dividend yield is the dividend paid divided by the price at the beginning of the period. Ansa’s dividend yield last year was 1.96%, Massy was 2.54%. Massy price has appreciated 15% since the start of 2014, Ansa’s is down by -0.3%.

My advice to you would be to bid as much as possible for PPGPL. Use the money u get back from that bid to start building a diversified portfolio of stocks. Invest for the long term. The TTSE Composite Index, which is an average of all the shares in the exchange, returned 70.72% over the 10 yr period ended Dec 31, 2013.

[nervewrecker]

Thank you for that valuable piece of information.

Not seeing PPGPL on TTSE though.

TCL been on the decline since last general election too....hmmmm. Wonder if there will be a construction boom in the future?

[pugboy]

^^are you familiar with how the buying/selling of stock market shares work ?

[DVSTT]

Thank you for that valuable piece of information.

Not seeing PPGPL on TTSE though.

TCL been on the decline since last general election too....hmmmm. Wonder if there will be a construction boom in the future?

A lot of people waiting on PPGPL

[applecake]

Hi tunners wanted some advise. i recently received some cash from a big job i had. i dont want to just blow it or spend it all and have nothing to show for it. i have a house a car and a steady saving plan so i basically have extra cash and was thinking that i should invest it. so do you guys have any advise on good things to invest in? any advise would be helpful

[nervewrecker]

There is a thread about long term investments. Do a search, plenty good advice in there.

[zoom rader]

Unit trust for long term bro

[pluggie]

a few kilos of weed

[zoelikescheese]

a few kilos of weed

you sound like one illiterate kant

[pluggie]

a few kilos of weed

you sound like one illiterate kant

And you my good sir are 100 % correct