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Podcast on SMT
AnotherJoe
Posts: 19,622 Forumite
Today's Investors Chronicle podcast is all about SMT.
Very interesting and puts in perspective some of the comments you see ... "its gone up recently so i sold it" or "too much concentration in Tesla" or "I was going to buy it but its gone up too much I'll wait until it drops .. <insert 600, 700, 800, 900, 1000 depending when this was said>"
2
Comments
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Cheers, I'll give that a listen. Their article on wealth tax is a bit alarming though :00
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I see it as a long term venture, stocks come and go. Their holdings from 10 years ago are different to now, it's their managers that count.
I don't even check anymore their price, i know I will end up with more money than I put in 30 years
their Sister funds/ Trusts are also quite good as well"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP1 -
Good insight. They both come across very well.Cut back a bit on SMT recently. Due to the stella performace it was just becoming too big a % of my overall holdings. I fully expect to still be holding in 30 years time myself, though.Total - £340.00
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