Which investment trust would you recommend for 2022?

Alexland

Deleted_User said:

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

I think there's a depth of understanding from the regulars here not just about the regulatory aspects of providing advice but around the importance of an investor building up their knowledge, coming to their own conclusions and owning their own investment decisions. It's the well rehearsed deep mental logic on why you selected a particular investment that helps you make the right decisions during evolving circumstances. This isn't the place to come and be told what to do but explore pointers and learn from what others are doing in their circumstances.

Prism

I have invested in some trusts and funds over the years that have done very well for me but at the expense of some very high volatility - I wouldn't wish that ride on anyone to be honest. I am far more likely to recommend the more boring steady eddies.

jimjames

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. 

Maybe you need to look at some different threads. People may not recommend investments to others but there are plenty of people who state what investments they have themselves. My investment trust for 2022 is the same as 2021, 2020 and so on, it doesnt change just for the new year and is still PIN.

Amazin

""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. ""

I will look more deeply into their portfolio but so far so good. I generally agree with their investment principles and they clearly got something right considering their long track record. 

    talexuser said:

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.

Thanks man, will do. Monk's returns are small compare to SMT

SharpShooter

Amazin 

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

There are no new managers. The 2 that are carrying on have been there for a while now. I have started buying in to SMT after -25% and will continue adding if it continues its slide. The sell off is over done, and the strategy by the Trust managers and myself has proven profitable.

Thrugelmir

Recently I've been tracking HFEL.  Likely to be a solid performer rather than a star. 

Audaxer

Thrugelmir said:

Recently I've been tracking HFEL.  Likely to be a solid performer rather than a star. 

@Thrugelmir, interested to know why you think HFEL will be a solid performer as it doesn't seem to have had very good returns in the last few years.  I also thought the high dividend yield of nearly 8% was maybe not sustainable?   

Thrugelmir

Audaxer said:

Thrugelmir said:

Recently I've been tracking HFEL.  Likely to be a solid performer rather than a star. 

@Thrugelmir, interested to know why you think HFEL will be a solid performer as it doesn't seem to have had very good returns in the last few years.  I also thought the high dividend yield of nearly 8% was maybe not sustainable?   

I'm tentatively increasing my exposure to Asia. Looking forwards rather than backwards. Asian stocks (and those with high exposure to the area) generally haven't recovered.  Currently on reasonable valuations. Always allocate a % of my portfolio to longer term contrarian investments, time to buy is when no one else is. 

adindas

wiseonesomeofthetime said:

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

It is on old adage which might be true or might not be true in the modern environment. It will depend on the context, depending who are doing that. The acute active hedge fund managers, the acute active traders do time the market all the time. They buy the dip and sell the rip.

It is also the same with this Chinese Proverb which often blindly quoted in the investment. "The best time to plant a tree was 20 years ago. The second-best time is now.” What about if you already hear the news the place where you intend to plant a tree will get crushed by a tractor tomorrow do you still want to plant your tree in that land or wait and find another location??

Nowadays they are a lot of analytical tools, real time news that allow more people to analyse the market and timing the market. Also people could easily recognise when the knife is falling,  when the activist disrupt the company, when they miss the earning expectation, when there are catalysts such as winning a profitable business contract, getting acquired, etc. These behaviours are predictable to know where the price will be moving.

Also, for traders the availability of near zero fees investment/trading platform allow them to do more share dealings / trading, which in the past will cost them a dear.

Thrugelmir

adindas said:

wiseonesomeofthetime said:

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

Well, it will depend on the context, depending on who are doing that. The vey active hedge fund managers, the active traders do time the market all the time. They buy the dip and sell the rip.

They also perform extensive research to filter and screen the market. Individual stocks don't neccessarily follow the same path as market indexes.