To go with SMT

Voyager2002

AnotherJoe said:

On the "green" side, I hold INRG and TRIG. INRG fairly  volatile as US based so the dollar is mixed in there. Solar and wind index.

Less volatile (and less stellar but with 5% annual dividend baked in) is TRIG a UK company that invests in wind farms (maybe solar as well, can't recall) they get 20-30 year long contracts to operate and thats where the 5% comes from.  I reinvest the income in that one. With INRG i expect most of the growth to come from company growth not dividends.

All these work well with HL in terms of not being charged fund fees every year.

I like TRIG: it invests in both solar and wind power, as well as some giant power storage facilities. It operates in several European countries.

I also like Greencoat, which operates only in the UK and only with wind power and again has a baked-in 5 per cent dividend. While it is less diverse than TRIG and so potentially poses greater risk, about half of its revenues are guaranteed by the Renewable Energy Obligation (a British legal requirement on the power distribution companies). It thus is in the enviable situation of facing zero competition, generally rising prices for its output, combined with generally falling costs thanks to Britain's outstanding success in developing low-cost wind power equipment.

But then one could always buy a bit more Apple stock instead...

Prism

csgohan4 said:

AnotherJoe said:

SMT is an active global fund ? Just very different philosophies about which companies to invest in. You could always go 50/50. The ride will always be more fun with SMT though. 

I would certainly invest £15k in it myself, in that im still holding my position and it's much larger than £15k. Not sure if it was you but I recommended it to someone else last month or so at around 800 and they said they were waiting for a pullback.  Oops. 

Thing is any successful investment is, most of the time, going to be at or near an all time high. So that shouldn't put you off. 

Note that they sold some Tesla end of August so that makes it less unbalanced than it was (Tesla was maybe 15% or even more the fund at one point). That money will go into other companies they have in their radar. 

I've got a lot of confidence in the fund managers, I heard a podcast on the bbc with them maybe a year ago when their Tesla investment was being queried LOL (I already held SMT at that point)

Do you have  concerns being that one company is over 10% of the whole fund?

I would say that it doesn't matter as long as that holding doesn't have a higher percentage in your overall portfolio than you are happy with. You could for example hold a fund with 10 stocks of 10% each but your allocation to that fund would likely be relatively small.
I have a fund where the top 5 holdings represent 70%. Its only a small allocation of my overall total

AnotherJoe

csgohan4 said:

Looks like SMT are going cosmic, they were 860 when I looked last month, they've increase by 100p, shocking, should have dumped money when I had the chance, Sadly I think the boat has sailed probably. 

Do you think it's risky to invest more money in?  Was thinking of dumping 15k into it, but the passive investor in me, thinks I should dump into an active global fund like fundsmith

But if I wanted more US tech a passive fund seems reasonable as well: https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-technology-index-class-i-accumulation

Big down day on the market today, fill your boots ! 

csgohan4

AnotherJoe said:

csgohan4 said:

Looks like SMT are going cosmic, they were 860 when I looked last month, they've increase by 100p, shocking, should have dumped money when I had the chance, Sadly I think the boat has sailed probably. 

Do you think it's risky to invest more money in?  Was thinking of dumping 15k into it, but the passive investor in me, thinks I should dump into an active global fund like fundsmith

But if I wanted more US tech a passive fund seems reasonable as well: https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-technology-index-class-i-accumulation

Big down day on the market today, fill your boots ! 

guess we know why now
https://www.bbc.co.uk/news/business-54020706

i guess as with anything there will be ups and downs, whether recession or not. The danger is trying to time the market and one could get it wrong. 

Bravepants

csgohan4 said:

AnotherJoe said:

csgohan4 said:

Looks like SMT are going cosmic, they were 860 when I looked last month, they've increase by 100p, shocking, should have dumped money when I had the chance, Sadly I think the boat has sailed probably. 

Do you think it's risky to invest more money in?  Was thinking of dumping 15k into it, but the passive investor in me, thinks I should dump into an active global fund like fundsmith

But if I wanted more US tech a passive fund seems reasonable as well: https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-technology-index-class-i-accumulation

Big down day on the market today, fill your boots ! 

guess we know why now
https://www.bbc.co.uk/news/business-54020706

i guess as with anything there will be ups and downs, whether recession or not. The danger is trying to time the market and one could get it wrong. 

"Analysts said fears about the economic shock of coronavirus and a possible second wave prompted the sell-off."

So, who keeps saying that these factors have already been priced in?

Thrugelmir

Bravepants said:

csgohan4 said:

AnotherJoe said:

csgohan4 said:

Looks like SMT are going cosmic, they were 860 when I looked last month, they've increase by 100p, shocking, should have dumped money when I had the chance, Sadly I think the boat has sailed probably. 

Do you think it's risky to invest more money in?  Was thinking of dumping 15k into it, but the passive investor in me, thinks I should dump into an active global fund like fundsmith

But if I wanted more US tech a passive fund seems reasonable as well: https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-technology-index-class-i-accumulation

Big down day on the market today, fill your boots ! 

guess we know why now
https://www.bbc.co.uk/news/business-54020706

i guess as with anything there will be ups and downs, whether recession or not. The danger is trying to time the market and one could get it wrong. 

"Analysts said fears about the economic shock of coronavirus and a possible second wave prompted the sell-off."

So, who keeps saying that these factors have already been priced in?

Impossible to price in the unknown. The four most expensive words in the English language. "This Time is Different".  A learning experience for many investors. 

csgohan4

I guess as always, to diversify your investment and not to put all your eggs in one basket, be it USA heavy funds to tech  heavy funds, but have a spread, 

however the active funds are not immune to changes in the market, however I think on balance, having an active fund covering what you want it probably better as they can change quicker than you and probably have more knowledge.
Unless your Woodford

Bravepants

csgohan4 said:

I guess as always, to diversify your investment and not to put all your eggs in one basket, be it USA heavy funds to tech  heavy funds, but have a spread, 

however the active funds are not immune to changes in the market, however I think on balance, having an active fund covering what you want it probably better as they can change quicker than you and probably have more knowledge.
Unless your Woodford

Yes, who'd have thought Woodford would have fallen from "grace"? A colleague of mine, in his 60s, got out of Woodford just in time, BUT I think that was more luck than any knowledge about what was happening.

AnotherJoe

csgohan4 said:

I guess as always, to diversify your investment and not to put all your eggs in one basket, be it USA heavy funds to tech  heavy funds, but have a spread, 

however the active funds are not immune to changes in the market, however I think on balance, having an active fund covering what you want it probably better as they can change quicker than you and probably have more knowledge.
Unless your Woodford

I would say they dont. Just look at all those funds who have the big "covid" dip in March. Including so-called "wealth preservation" funds who are meant to be immune to that sort of thing and certainly weren't. Investment managers like BG arent trying to double guess markets buying and selling on every dip, they buy for the long term.

So do what they do, just buy good companies / collections (funds ITs etc) thereof, or index funds (for a good index obvs) and hold.

In the long term you will come out fine.

Getting back to your original point, If you think SMT is a good long term investment now is a great time to buy it. Might it be cheaper next week?  Sure, maybe. But them again it might be more expensive. You will never buy it at its absolute lowest and if you try odds are it will rise until you get the courage to buy and you'll have paid more.  

csgohan4

AnotherJoe said:

csgohan4 said:

I guess as always, to diversify your investment and not to put all your eggs in one basket, be it USA heavy funds to tech  heavy funds, but have a spread, 

however the active funds are not immune to changes in the market, however I think on balance, having an active fund covering what you want it probably better as they can change quicker than you and probably have more knowledge.
Unless your Woodford

I would say they dont. Just look at all those funds who have the big "covid" dip in March. Including so-called "wealth preservation" funds who are meant to be immune to that sort of thing and certainly weren't. Investment managers like BG arent trying to double guess markets buying and selling on every dip, they buy for the long term.

So do what they do, just buy good companies / collections (funds ITs etc) thereof, or index funds (for a good index obvs) and hold.

In the long term you will come out fine.

Getting back to your original point, If you think SMT is a good long term investment now is a great time to buy it. Might it be cheaper next week?  Sure, maybe. But them again it might be more expensive. You will never buy it at its absolute lowest and if you try odds are it will rise until you get the courage to buy and you'll have paid more.  

One thing is if you have a fun fund on Iweb you can set trade plans and sell your funds if they go below a certain limit, but there will still be a delay but hopefully minimal. But that is if your not in it for the long term.