JSE’S 2014 PERFORMANCE


Investing & Money
piece written on the 9th January 2015 by  

It’s been a while since I wrote a post on financials, what better than one on the overall performance of the JSE during 2014. Moneyweb covered this topic wonderfully so instead of reinvesting the wheel, I’ve gone through everything and will share the most important and interesting matters.

First off, the JSE had a return of 7.6% ex DIV, which is only 1.6% or so above inflation, not the greatest performance. With dividends reinvested the figure is 10.9% which is far better. Unfortunately versus the dollar the JSE returned a negative return of -2.6%.

Here are some interesting tables for you to look at:

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I’m seeing very mixed signals for the start of this year! I get the feeling that the general consensus at the moment is that people aren’t quite sure what’s going to happen, but there certainly is a slight imbalance towards it being a negative year. With that being said, I’ve seen a lot of great charts showing positive breakouts in the retail industry and of course there’s the opportunity to short some mining shares – Earlier this week we shorted JSE:SOL and with a several percent drop, a tidy sum of money was made. So, ultimately it depends how you want to¬†play the market at the end of the day but from a long term point of view, we do want to see a general upward trend even if we’re shorting all the way to the bank.

It does worry me a little when Moneyweb adds a brand new category to their investing section though:

offshore

Perhaps it’s coincidental!

Having your finger on the pulse is what I feel is the very best thing you can be doing right now and I wouldn’t make any hurried decisions.

Here are the founder of The Stock Shop’s predications for 2015.