Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-03 15:30 • The Motley Fool Positive Axe Cap view: Selective

The article compares two dividend ETFs: Vanguard Dividend Appreciation ETF (VIG) and Schwab U.S. Dividend Equity ETF (SCHD). While VIG has slightly better 10-year returns (13% vs 12.7%), the choice between them depends on investor objectives. VIG offers a growth-oriented profile with lower yield (1.4%) and tech exposure, suitable for risk-tolerant investors. SCHD provides higher yield (3.3%) with defensive positioning in healthcare and consumer staples, better for income-focused investors. Neither is objectively better; selection should be based on portfolio composition and personal goals rather than yield alone.

Axe note: Choosing between VIG and SCHD depends on whether you want growth or income, not just who pays the bigger dividend.

2026-10-03 15:15 • The Motley Fool Positive Axe Cap view: Selective

Berkshire Hathaway CEO Greg Abel has invested $6.8 billion in homebuilders including Lennar and acquired Taylor Morrison Home, increasing the company's housing sector exposure despite current market headwinds like high mortgage rates and weak builder sentiment. The article argues this represents opportunistic long-term investing rather than a miscalculation, citing Berkshire's decades-long investment horizon and substantial cash reserves of $350+ billion.

Axe note: Greg Abel's $6.8bn push into homebuilders leans on long-term vision amid high US mortgage rates and shaky sentiment.

2026-10-03 15:10 • The Motley Fool Positive Axe Cap view: Selective

With 10-year Treasury notes yielding 5.3%, investors face a choice between fixed-income securities and dividend stocks. The article argues that while Treasuries offer higher current yields and lower risk, dividend-growth stocks like Coca-Cola can provide superior long-term returns through rising dividends and capital appreciation, plus better inflation protection. Key considerations include bond price volatility if rates change, dividend growth potential, and inflation resistance.

Axe note: Higher yields on US 10-year Treasuries may look tempting, but local investors should weigh inflation and growth potential in dividend stocks.