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bowlhead99 wrote: »
Seems quite a radical solution to move money out of a dedicated China fund into two global funds which each allocate 0% to shares in Chinese companies.
Although you are right the returns will probably be steadier.One solution to being bored of staring at a loss is simply to imagine you had bought at today's price, or some other lower price, so that as of today, it isn't a loss. The fund itself doesn't really know or care what price you bought it at.
SeniorSam wrote: »
I very nearly invested in SMT, but after reading a lot more about Musk, decided that his attitude to business was not for me. I am surprised that he has had so much backing but SM cannot back out now and must continue to support it, as they do in all their video's. I don't feel that they will prove as good as expected and would not go near them myself.
MPN wrote: »
Tesla is only one holding in SMT (I think it’s about 6%) so I personally wouldn’t choose my investment strategy because of one poor choice of a holding. SMT also invest in many very good companies and always seem to eventually rebound after some big falls in the share price.
Thrugelmir wrote: »
Around 10% in Amazon. A company I've never been keen on from a personal perspective. Lack of ethics.
Linton wrote: »
SMT is very high risk - between June 2008 amd November 2008 it dropped by more than 60%. So it would be sensible to think carefully about your % holdings.
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