Scottish mortgage investment trust

MDMD

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

Can we merge this with the earlier SMT thread,

Steve182

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.

Thrugelmir

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).