Member Info for MrAmericano

Mr Stock SR

Not really, ...the proceeds went into my S&p 500 fund in November which saw some nice gains..let's call it de-risking.

Good day good day good day

Moderna knocked down the portfolio to 7th place

That is good.

I am going to watch the SMT Share Price through January and start another small position albeit not 30 percent as previous, more like 5-10%.

I am glad that the portfolio weights have been rebalanced.

I have not looked at SMT since I sold out prematurely a few weeks ago.

Typical novice-inpatient investor here!!

Have a great New Year and a successful one at that.

I nearly got suckered into this one again

Good afternoon all

I was just reading some random article regarding Space X and it's valuation, which is apparently $195 Billion Dollars or $95 a share.

Mr Frogster

Yes it is, and a great series at that matter! Well worth watching..

Mr Lord Loads of Lolly

Some really good points here...

My mistake was lump-summing a rather tidy proportion of cash into the Trust whence on a downward trend. What I should have done is checked in my risk tolerance and dollar-cost averaged into SMT. Say 5-10 %. I have read many a news article over the past 12 months saying 'this is the way'...(Mandalorian)..

So I am certainly not giving up on investment trusts, but rather I may look to re-enter on a monthly basis where I can be more tolerant and risk resilient. I am not really sure about other ITs..but having listened to 'Many Happy Returns' pod-cast, which featured SMT, this one seems to be the tightest-run ship in the IT ocean.

To re-quote the Mandalorian...

'This is the way'....(Dollar-cost averaging)..

I certainly can't time the market any better than a 'blind dart throwing monkey' (to quote Mr Buffet sir).

Dear Mr Walp

Thank you for showing understanding....it was indeed causing me a few restless evenings...I didn't fully understand what was underneath the SMT bonnet or how ITs work. It's been a learning curve!

Mr Lord Loads of Lolly

Thank you, apology most welcomed...I take on board what you have said and I thank you all for the advice. Let's just say that despite all, I hope that SMT works out for you all, honestly. I only wish for success for all investors, both big and small because it does take a toll on ones emotional well-being, both ups and downs.

And as I previously said, I may start dollar-cost averaging into SMT, but a small position, say 5%. That will do both me and Misty fine!

Mr Lord Loads of Lolly

There's no 'hmmmmm' to it sir..

Just a simple, unemotional decision.

I am very sorry that you think there is 'more than meets the eye' at play. That's just plainly not true. And frankly quite offensive that you suspect foul-play. Just accept,.that some investors have different objectives to your own.

Captlard

Hi Mr Captlard

It was a more sensible decision...thinking with my head rather than my heart, and taking some free advice off a family IFA.

If SMT drops below 7.00, I may buy some shares, but I bought in at around 7.80 and managed to average down to 7.40...I sold at 7.22...

Anyway, I feel that I can sleep better at night now.

Lord Loads of Lolly

I simply changed my mind. My investing timeline is 20 years+, but with 30% of my portfolio in a fund that just isn't working my money, and yet to break even, I decided that I would put it to work in theS&p 500, where you are practically guaranteed a long-term CAGR average of 10%. Let's just say I took some advice. I think that SMT is a good 'poker-play' and you need to have a healthy risk tolerance to play the game. But as I said, I really don't rate the fund managers, I don't have faith in them. Which is why I am going all-in on a cheap index fund. I may decide to dollar-cost average into SMT...I don't know. But as I clearly said in a previous post, I did not understand what I was buying into with SMT. I did not understand Price-Nav, I also didn't understand the weighting of the private companies, and the impact on the sentiment. I just believe that my money will go to work harder in an index fund for now. Maybe a percentage in the NASDAQ 100 too. For me personally, this adds-up as a better long-term bet.

Hello Fellow Investors

How is everyone keeping? I decided to sort my portfolio out last week and sold all my SMT shares for a small loss that I can live with. I got disillusioned after the SMT investment seminar, especially with LB....I really don't think that he has a clue! I have popped my proceeds into my S&P 500 fund, where it will hopefully work -churn-compound over time. I am only a small-time investor who needs his cash to compound for retirement. Below £7.00 I may decide to buy a chunk for a swing trade, I don't know, but honestly I have lost faith in the managers. That's my story anyway. I really hope that you are all successful with SMT in the future and good luck to you all.

Good morning fellow SMT investors

Here is a positive article on Northvolt and an exciting breakthrough in battery technology!

https://www.ft.com/content/826fb9bb-b27f-4c68-ad4b-

a54ad74713c9.

Good morning fellow investors

I have a quick question...does anyone think that this share price will hold above 700? For me personally it's a positive psychological bench mark (being as I average around 750), and I would like it to build on momentum. Falling below 700 is a bit meh for me and I would like to see SMT staying above 700 now.

I am being nieve? Probably so or over-optimistic maybe.

Have a good weekend everyone from me and Misty!

Captain P

You could sell 50% of your shares at £8.00 and leave the other half.? My point is you may miss out on the 'leg-up' or 'rebound'. I have learnt this mistake time and again... average down (hard work), to break-even then sell...and miss out on the rebound (DarkTrace 2021 comes to mind with me).

Of course this is not financial advice and good luck with whatever you decide.

Mr Fresh

Yes, I agree

Let's hope that this is the shape of things to come.

MrFrogster

My thoughts exactly, quite plucky timing with the leverage, which is why I don't think that the fund managers are overly concerned with inflation/interest rates. Despite all of the doom n gloom around private holdings valuations, I would say that money invested is in fairly safe hands, from what I understand.

Hi All

I have been reading TS interim report and I quote the following:

"Rising rates have little impact on our company. During the years of exceptionally low interest rates we proactively extended the term of our debt. The majority of our borrowings do not come due until after 2036 and our interest cost is below 3 per cent"

This is a good thing surely?

Have a great week everyone!

Https://www.trustnet.com/news/13396085/we-bought-all-our-best-performers-at-big-premiums-say-scottish-mortgage-managers