SMT - Legal and General Tech + ?

Another_Saver

And now for something completely different - Vanguard FTSE UK all share.

Shocking_Blue

Tigerdan2020 said:

Shocking_Blue said:

Tigerdan2020 said:

Ishares global clean energy ETF if in this for the long term.

Was just about to go into this, but maybe duration isn't long enough. What sort of timescale would you be calling long term?

Id say minimum 10 years, if you look at the data sheet a lot of the holdings in the top 10 have rocketed this year. I have only recently invested in this myself 

AnotherJoe said:

Shocking_Blue said:

Tigerdan2020 said:

Ishares global clean energy ETF if in this for the long term.

Was just about to go into this, but maybe duration isn't long enough. What sort of timescale would you be calling long term?

I say the next 5 years as we are now starting to see the curve really turn up on renewables. They are now approaching the crossover point where its literally cheaper to build a new solar/wind/battery installation than run an existing coal (and even in some cases, gas) power plant. At that point its down to production not demand.

As diversification also look at small companies funds.

Thanks guys. The 10yr mark is around what I was thinking, so might put some in. Thanks.

shap101

DireEmblem said:

I hope you are not 100% in both.  Very in at the moment, but risky at the same time.  Diversification should really depend on what else you are in.  As a starter, a cheap global tracker would be sufficient.  VWRP springs to mind and you'll find a lot about it on google.

Yes to confirm I only hold the two funds mentioned.  I've only been investing for a couple if years but was looking to hold for atleast 10 ( no plans for the money) .   When the march crash happened I did have a few sleepless nights, I think most people think they can handle the volatility , until it comes crashing down.
Did have the vanguard vwrp on my list but as mentioned the top holdings seemed quite similar to my current funds. 

shap101

Just trying to do the maths.. How much of SMT rise over the last 9 months is down to tesla.  I think they hold 16% and tesla risen 5 fold so is it possible to work it out. 

AnotherJoe

shap101 said:

Just trying to do the maths.. How much of SMT rise over the last 9 months is down to tesla.  I think they hold 16% and tesla risen 5 fold so is it possible to work it out. 

Very difficult (impossible?) to do since its a moving target and the data can be misleading. For a start, if you got that 16% figure off HL, its likely months out of date.

If its from SMT's website fair enough, but they trimmed it back from (IIRC) 16% to 8% maybe 3 months ago so if its now 16% again (so seems TSLA doubled since they trimmed back, not unlikely) then on the face of it thats 8% since they trimmed it back, or maybe they bought some more, and what  about before then starting at 9 months ago? How much has it risen in that time 16% time to the trim back (you wont know the exact date i think) ?  I dont see how you can possibly unentangle that especially if there are buys and sells along the way.

For example,  Ark, who have a LOT of TSLA and are big proponents, regularly sell when it gets above about 10% AUM and then buy back if it falls below perhaps 8% but this is not hard and fast. They bought some just this week and it must be at a record level for Ark since TSLA is at an all time high.  Ark once said they got an extra 1% on their TSLA gains purely due to this churning. (and we are talking 1% of several billion so its not chump change  )

AnotherJoe

Shocking_Blue said:

Tigerdan2020 said:

Shocking_Blue said:

Tigerdan2020 said:

Ishares global clean energy ETF if in this for the long term.

Was just about to go into this, but maybe duration isn't long enough. What sort of timescale would you be calling long term?

Id say minimum 10 years, if you look at the data sheet a lot of the holdings in the top 10 have rocketed this year. I have only recently invested in this myself 

AnotherJoe said:

Shocking_Blue said:

Tigerdan2020 said:

Ishares global clean energy ETF if in this for the long term.

Was just about to go into this, but maybe duration isn't long enough. What sort of timescale would you be calling long term?

I say the next 5 years as we are now starting to see the curve really turn up on renewables. They are now approaching the crossover point where its literally cheaper to build a new solar/wind/battery installation than run an existing coal (and even in some cases, gas) power plant. At that point its down to production not demand.

As diversification also look at small companies funds.

Thanks guys. The 10yr mark is around what I was thinking, so might put some in. Thanks.

I recommend the RethinkX paper on SWB* over the next 10 years. Its downloadable from their website.

TL;DR renewables are not an incremental change but a step change that will revolutionise energy production and consumption.

*(Solar, Wind, Batteries)