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Podcast on SMT

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>"

Comments

  • ChilliBob
    ChilliBob Posts: 2,201 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Cheers, I'll give that a listen. Their article on wealth tax is a bit alarming though :0
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 30 December 2020 at 6:05PM
    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 RIP
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    edited 30 December 2020 at 11:35PM
    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

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
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