Member Info for MrAmericano

Good Morning

It's good news but will that translate into a narrowing of the NAV? Only time will tell.

"The US House of Representatives has passed a bill that could lead to a nationwide ban on TikTok

It would require the Chinese tech giant ByteDance to sell its stake in the app within six months or face a ban from US app stores and web hosting platforms"

Stuartrm

That's not what I meant. The UK would have zero impact I agree. But an intervention by NATO in the East, and a potential Trump win with his threat of tariffs could cause another global-inflation shock. There has also been speculation that a series of unplanned tax cuts, and more squeezing of the public sector could indeed cause jitters in the UK bond market again.

With all the sabre-rattling directed to Russia, a potentially Qwartang-Trussesque chancellor in Hunt, and the spectre of D Trump getting back in and introducing 15% trade tariffs against China, then there could well be another global inflation shock in the next couple of years.

Good day all

Moderna has posted a profit too today!

Captain Picard

I didn't have you specifically in mind when I commented so please try not to personalize or take offense.

Mr Captain and Mr Frogster

There is too much knee-jerk reactionism these days. Day-trading, short-selling and profit-taking.

The message for SMT repeatedly is a 5 years minimum hold and a stomach for volatility...ad nauseam.

There you go...oil up 4% just as I finished the last sentence...

Mr LLL

I concur. absolutely agree with you. Another energy shock would derail all the deflationary work governments have worked hard to achieve in 2023. UK always seem to be the Jack Russell Terrier at Americas heals, ready to follow wherever it goes. I am feeling rather gloomy about the potential for another shambolic conflict. I also have held the view that US wants to take take Iran off the global chess board. A power vacuum that would only be filled by something just as malevolent if Afghanistan is anything to go by.

Https://www.theguardian.com/business/2024/jan/11/global-trade-falls-houthi-attacks-merchant-ships-red-sea

Geopolitical issues in the Red sea are going to lead to a rebound in global inflation unfortunately.

Good afternoon SMT holders

Jeez...this board has lost the compass needle.

SMT seems to bring out the worse in people..

My advice...if you aren't happy holding..just SELL OUT

Seriously it's not worth the hassle...

Peace Folks

All really excellent points on here...I don't want to 'hate' on SMT...but I do believe that the fund managers have slightly 'lost the plot'...well I thought that after the last seminar. I don't think it's the fact that the Nasdaq is down again, I just think it's the volatility of SMT that stings hard. When I look back over the posts here, emotions were positive over the santa-rally, and I really questioned my sanity at selling out and breaking -even (I lost about £70ish), but now I can see exactly why I pulled the trigger and sold out....for my own sanity. There's a multitude of better growth funds out there with less stress. At least ATT was up about 43%, in 1 year by Christmas. SMT was up about 17% on the year come Christmas? I think those whom invested 30 years ago did the correct thing and rode the Tesla etc wave and well done. But buying SMT on the basis of past performance is now not a good strategy, (never was) and the Motley Fools of the world should stop plugging it. 2020-21 boom era has gone and won't be returning anytime soon given the precarious Geo-Politics of the world. It potentially looks like there's going to be yet another horrendous conflict in the Middle East.

Mr LLL

This is where I disagree with you...I don't think that it is clear just how volatile it is....SMT is continuously plugged by financial media outlets like Motley Fool et al..how is one meant to compound in a company like this? I nearly bought back in and I had, then I would already be 6 percent down this week... thankfully I took advice from this board and didn't. I however bought some shares in SMGB which is a pure semi-conductor ETF. I fully expect the volatility with this as it classifies the risk as 7...in short I know the companies that I am buying into, I know that cycling nature of the sector etc...I am glad that I sold SMT when I just about broke even and put the cash to better use. But as you say, it all depends on when you buy, how long the time horizon is etc etc. God's luck to you all anyway.

P.s I have lost my reading glasses!

Maybe Baillie Gifford should put a risk to health arning on this Trust before buying.."Warning , this Investment Trust is turned up to 11,"....it's very volatile!

Yep

Good day

Watching this sudden drop in SP closely

Best wishes

Mr A

Dear Mr Fresh

If there is another sector rotation this year out of technology and into healthcare then Moderna should do well. It's price is attractively positioned.

Hello all

Ok, I have been waiting to free up a little cash to buy into this fund. So I have! Here's to a kindly and prosperous new year!

Hello Mr LLL

I hope you had a Happy Christmas..

It's funny isn't it? Part of my reason for selling early was the high conviction stake in Moderna, something I raised as a question at the investors Q&As a few months back. I certainly admit that I have probably missed the proverbial boat on this one now, and I am actually going to take your sound advice LLL. I am still a novice investor, learning all the time. Misty's tail is still wagging, and she's happy with my decision(s).

Thank you for the friendly correspondence and good luck to you all in 2024.