Which investment trust would you recommend for 2022?

Amazin

SMT seems to be going down at the moment, was thinking just do a lump sum on it few weeks ago now I'm not sure. 

What other ones worth looking for 2022?

AlanP_2

If your research has led you to conclude that SMT meets your objectives and is a good investment then surely you should be over the moon that it is on offer in the January Sales at the time you want to buy?

Amazin

AlanP_2 said:

If your research has led you to conclude that SMT meets your objectives and is a good investment then surely you should be over the moon that it is on offer in the January Sales at the time you want to buy?

Tbh I almost bought it about few weeks ago but I didn't because it was down 8%. My instinct told me it would drop further. My slight concern is that now James Anderson retired, will the new managers be able to carry on the torch without dropping it? I might start to dollar cost average down on SMT

wiseonesomeofthetime

I know practically zilch about investing, however, the one mantra I have continuously picked up on in these threads is 

"It's all about time in the market, not timing the market"

Probably because if everyone could do the latter, we would all be millionaires by now

[Deleted User]

Without meaning to offend anyone, I don't think this is the best forum for investment advice. You tend to get a lot of generic stuff like "do your research" or "don't invest money you need in the next five years", which is all fine and valid, but I rarely see anyone stick their neck out and suggest specific investments. The justification for this is often that "there is no right investment for everyone" and "it depends on your goals", which again is perfectly valid, but it does tend to result in people saying absolutely nothing or just scoffing at others for not providing enough information.

There are other forums that go into specifics a bit more. I'd recommend the citywire forums for that. You have to take the advice on there with a pinch of salt as there are some odd characters who use it, but there is the odd gem in there. Investors' Chronicle (magazine published by the Financial Times) is well worth a subscription if you want something professional.

wmb194

Citywire has good news, articles and a weekly roundup of what's going on with investment trusts.

dunstonh

SMT seems to be going down at the moment, was thinking just do a lump sum on it few weeks ago now I'm not sure. 

Which probably means you don't have the risk profile and understanding to be using that sort of investment in the first place.

 but I rarely see anyone stick their neck out and suggest specific investments. 

The recommending of investments is a regulated activity.   The board admin (historically because no clue what it's like now) used to delete threads that gave specific recommendations as the site had FCA regulations and it didn't want to be seen to be giving specific advice.   You just have to recall how much grief Martin Lewis got over past investment "advice" where he gave no advice technically but it was interpreted by some as such.   So, caution was in place on the forums.

The justification for this is often that "there is no right investment for everyone" and "it depends on your goals", which again is perfectly valid, but it does tend to result in people saying absolutely nothing or just scoffing at others for not providing enough information.

When you look at the limited information given and the responses on threads at the sites you mention as potential alternatives you can see a load of completely wrong "recommendations" and poorly thought out responses in with some good ones.   The problem for someone asking what to do is that they probably cant tell the difference between the good responses that are right, the bad response with good intentions and the troll responses.

In this case, the OP was thinking about SMT.   That would suggest that they are a more sophisticated and knowledgeable investor with a healthy capacity for loss as it's generally those types that it is more suitable for.   Or it could be someone completely out of their depth that doesn't understand anything about it but has already been reading too many posts on what they should do without knowing why.       With the reference to 2022 (as if that makes a difference) and a very short term negative period as a reason to not buy, makes me think they are the latter.

One of the best things about this forum is the way most of the regular posters tend to lead people to the right area by getting them to understand why rather than just telling them to do something that may or may not be right for them.

george4064

Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime

Above phrase comes to mind, better (for various reasons) to teach someone how to invest rather than give them the name of a fund or whatever to invest in. 

Chances are, they’ll be back next year asking for more recommendations having messed up the previous year by taking the tip rather than learning the basic fundamentals around why and how to invest appropriately.

RogerIrvine

Deleted_User said:

Without meaning to offend anyone, I don't think this is the best forum for investment advice. You tend to get a lot of generic stuff like "do your research" or "don't invest money you need in the next five years", which is all fine and valid, but I rarely see anyone stick their neck out and suggest specific investments. The justification for this is often that "there is no right investment for everyone" and "it depends on your goals", which again is perfectly valid, but it does tend to result in people saying absolutely nothing or just scoffing at others for not providing enough information.

Agree and would add that there is very little written in the field that is even-handed; not just here but everywhere it is best to assume the author has a bias. 

Thrugelmir

What's on your watch list currently?  What themes are you tracking? The appropriate vehicle comes later. 

talexuser

I'll stick my neck out and say that if YOU think that SMT is past it's prime (a pure opinion, based on manager changes not being the best premonition of success in the round) maybe do some research on Monks or Mid Wynd International which I happen to have and am happy about meanwhile, and are suitable with more experience as part of a well diversified pot.

Then again Tesla and Apple might continue to climb beyond the stratosphere so we don't know. I missed the boat on SMT and personally would not jump in now, the more spectacular the climb, the less chance of it continuing if you missed the best timescale, but who knows...?