Scottish Mortgage Invest... Share Discussion Threads

[quepassa] 07/7/2017 07:21

Fully concur.

Only temporary.

But USA Tech Sector still further to fall before the current rout finishes.

That will be the time to reinvest.

ALL IMO. DYOR.
QP

[darola] 07/7/2017 06:53

Good to read articles like this. Goes to show that sentiment is temporary and economic growth over time is permanent.

[quepassa] 06/7/2017 08:11

Tesla DOWN 7.2%.

Ouch.

QP

[getscenic] 06/7/2017 07:17

There you go Darola I think the comments from our young friend say it all, I will leave him to his ranting. I touched a nerve and boy is he wound up.

[getscenic] 06/7/2017 07:02

Darola,
As I have mentioned SMT is a great investment trust for those who believe the future of the FANG stocks. It does however come with risk and my post above explains my concerns that many who post on these forums do not understand the risks.
qp care to discuss the demerits of SMT, after all you keep posting the sinking NAV most days.

[darola] 06/7/2017 06:47

Both. ENOUGH! This thread is to discuss the relative merits and risks of investing in SMT. Not a playground, please take it somewhere else.

[getscenic] 06/7/2017 06:45

qp
Early riser I see off to open up at Subway then. We just had a laugh at your last comment. Sorry wrong part of Gloucestershire young man. I'll let you have the last word and leave you to vent your spleen. I think we are getting bored with your rant anyways.

[getscenic] 05/7/2017 21:48

A cad but not a liar qp.
This is what prompted my comments the other day.......

"I recently bought SMT at 413 and thought this was a good buy seeing as after that it moved up to 421. But in the last few days it has dropped considerably and it now at around 405.

I like the investment philosophy of the managers and I know it is considered one of the best IT's around however, due to the recent fall, I am having second thoughts on the purchase.

Does anyone know why it has fallen in the last week or so and, further, what are you general thoughts regarding SMT."

This was lifted from another forum (sorry if you posted this and see it here)

So the question on here "Why the drop today" This prompted my rather turse comments

People need a dose of realism, this trust is not immune to a market correction. I don't pretend to call a market correction, but it worries me when people invest not aware of the risks. It needed to be said that this is heavily exposed to leading edge tech and disruptive companies that are trading on very high pe's .
So I stand by my comments if the market drops 10% SMT could drop 30% based on these high multipals. As I have said I hold SMT and via MNL also. I have no reason to lie, I am a happy holder with stop loss in place. If you have a 20-30 year horizon by all means buy this trust it will reward hansomely over this term, but don't buy this week expecting it to be 500 by Christmas it may disappoint you.

I don't need to constantly talk about a share up or down, but I will speak about market risk when I see others don't see it.

BTW qp Dinner was great and in front of the Gloucestershire countryside. Good luck with your next investment.

[darola] 05/7/2017 18:34

Get a room guys....

[getscenic] 05/7/2017 18:17

Here's an interesting one.

"QP
spoole5
6 Apr '17 - 20:53 - 383 of 446 0 0
Qp, I thought you said you were done with Scot mortg after Anderson's rant against May?"

And then we see lots of dots where you removed comment.

[getscenic] 05/7/2017 17:08

I don't think it was talking down, I cautioned buyers at around the 400 mark that the market could loose 10% very easily.
I am a holder and would not be a buyer in this market, unless there was a considerable correction which I think is possible in the near future.
If I sell a holding I will usually make a comment on why I sold it, wish the holders luck in future and move on
I can see I have upset you so any further comment will be futile.

[getscenic] 05/7/2017 16:49

Just the reply I was expecting.