We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Scottish mortgage trust: a buy or a trap?
Amazin
Posts: 117 Forumite
It's almost 30% down from their all time high at the moment. Personally I think this is just the market, not because SMT'S bad decisions. They have almost 100 years of track records but would like to see what others are thinking.
A buy right now or avoid?
A buy right now or avoid?
0
Comments
-
I don't know what you mean by "or a trap"? It might keep going down a bit more or start recovering straight away - no ones knows. If it fits with the rest of your portfolio and you plan to hold long term, it is a better time to buy than a few weeks ago.2
-
I'd be buying if I didn't already have what for me is my max holding. I'm in for the long term, so hopefully there will be a good return by the time I'll need to access my s&s isa nest egg.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
Go back to 2008 (ish) and SMT was c.60% down. It recovered well over the next 12 (ish) years, though !Amazin said:It's almost 30% down from their all time high at the moment. Personally I think this is just the market, not because SAT'S bad decisions. They have almost 100 years of track records but would like to see what others are thinking.
A buy right now or avoid?
It continues to have a place in my portfolio (held since 1998), but my reduced risk tolerance means I won't be adding to my holding. The next 10-15 years will determine whether these are good decisions or not.Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.2 -
If you have now reduced your risk tolerance, just wondering if you have crystallised some of the SMT gains over that time by rebalancing your portfolio?Alice_Holt said:
Go back to 2008 (ish) and SMT was c.60% down. It recovered well over the next 12 (ish) years, though !Amazin said:It's almost 30% down from their all time high at the moment. Personally I think this is just the market, not because SAT'S bad decisions. They have almost 100 years of track records but would like to see what others are thinking.
A buy right now or avoid?
It continues to have a place in my portfolio (held since 1998), but my reduced risk tolerance means I won't be adding to my holding. The next 10-15 years will determine whether these are good decisions or not.0 -
Then our opinions are of no consequence. As we are the market.Amazin said:Personally I think this is just the market, not because SAT'S bad decisions.1 -
Can someone please explain to me the attraction of SMT?I don't understand what all the fuss is about an IT with a yield of 0.33%.Presumably people are expectant of further growth spurts?If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0
-
It's not an income investment and the dividend yield is irrelevant. The returns come from share price growthYield is not returnSince 2016 it's up 250% for me (though that was 300% 3 months ago from memory). That's quite an attraction for many4
-
Yes indeed, the last re-balancing exercise was from SMT into Capital Gearing - quite a different investment fund !Audaxer said:
If you have now reduced your risk tolerance, just wondering if you have crystallised some of the SMT gains over that time by rebalancing your portfolio?Alice_Holt said:
Go back to 2008 (ish) and SMT was c.60% down. It recovered well over the next 12 (ish) years, though !Amazin said:It's almost 30% down from their all time high at the moment. Personally I think this is just the market, not because SAT'S bad decisions. They have almost 100 years of track records but would like to see what others are thinking.
A buy right now or avoid?
It continues to have a place in my portfolio (held since 1998), but my reduced risk tolerance means I won't be adding to my holding. The next 10-15 years will determine whether these are good decisions or not.
Although when I first acquired shares in SMT, it was then another general global IT, rather than the more concentrated fund it has become.Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.2 -
A belief that the management team will identify the next Tesla at a very early stage.Bravepants said:Can someone please explain to me the attraction of SMT?1 -
Thrugelmir said:
A belief that the management team will identify the next Tesla at a very early stage.Bravepants said:Can someone please explain to me the attraction of SMT?
So it's not really a long term hold, with such a low yield there is little benefit of compounding by the re-investment of dividends.
If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards