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Scottish mortgage investment trust

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  • MDMD
    MDMD Posts: 1,559 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Alexland said:
    I wouldn't suggest anyone would want more than 10% of their portfolio invested in this or anything similar.
    From the telegraph website today 

    https://www.telegraph.co.uk/money/money-makeover/money-makeover-can-socialist-still-profit-stock-markets/

    Some of his selections have performed so well they are now “overweight”. His investment in giant technology trust Scottish Mortgage, for example, which doubled investors’ money over the past 12 months (see chart), now represents more than half of his investments, standing at almost £100,000.

    The portfolio is in need of rebalancing and Mr Caproli wants to free up about £80,000 for a major home improvement for his family in the future.

    Let’s hope he sold out in time before losing 30% of that £100k
  • DireEmblem
    DireEmblem Posts: 930 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Can we merge this with the earlier SMT thread,
  • Steve182
    Steve182 Posts: 623 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    edited 9 March 2021 at 10:38PM
    MDMD said:
    Alexland said:
    I wouldn't suggest anyone would want more than 10% of their portfolio invested in this or anything similar.
    From the telegraph website today 

    https://www.telegraph.co.uk/money/money-makeover/money-makeover-can-socialist-still-profit-stock-markets/

    Some of his selections have performed so well they are now “overweight”. His investment in giant technology trust Scottish Mortgage, for example, which doubled investors’ money over the past 12 months (see chart), now represents more than half of his investments, standing at almost £100,000.

    The portfolio is in need of rebalancing and Mr Caproli wants to free up about £80,000 for a major home improvement for his family in the future.

    Let’s hope he sold out in time before losing 30% of that £100k
    With the recent tech sell off during past 3 weeks I was down by around £100K from peak in February to the low point on Friday. Significantly better today. Not losing sleep. 

    In this situation I just put it into perspective by tracing my portfolio back a few months to see how many weeks or months growth I've lost. In my case I'm just back to where I was in November so I lost 4 months growth.

    There is a fair chance the volatile stocks will bounce back completely in a couple of months. If not, that's life, I'm in no great hurry.
    “Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.”   Charlie Munger, vice chairman, Berkshire Hathaway
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Steve182 said:
    MDMD said:
    Alexland said:
    I wouldn't suggest anyone would want more than 10% of their portfolio invested in this or anything similar.
    From the telegraph website today 

    https://www.telegraph.co.uk/money/money-makeover/money-makeover-can-socialist-still-profit-stock-markets/

    Some of his selections have performed so well they are now “overweight”. His investment in giant technology trust Scottish Mortgage, for example, which doubled investors’ money over the past 12 months (see chart), now represents more than half of his investments, standing at almost £100,000.

    The portfolio is in need of rebalancing and Mr Caproli wants to free up about £80,000 for a major home improvement for his family in the future.

    Let’s hope he sold out in time before losing 30% of that £100k

    In this situation I just put it into perspective by tracing my portfolio back a few months to see how many weeks or months growth I've lost. In my case I'm just back to where I was in November so I lost 4 months growth.


    Companies grow at their own speed. Markets wax and wane with sentiment (and actual real news rather than majority opinion). 
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