Scottish Mortgage Investment Trust

[bigbluesea]

I'm a complete newbie when it comes to investing but I've read a lot about SMIT and am tempted to open a stocks & shares ISA so I can invest in them. Are they still a safe bet? Or have they reached the peak and can only go down from here on? I would probably only be investing a small amount which I would just leave and forget about.

I've never heard of them. What about vanguard?
I liked this video;

Op people who want to invest now are far too late.

I invested in Lindsell train too late and I can't make any gains.
However I happened to stumble across Scottish mortgage some time ago when they had a rare slump. I've made 160%on my initial investment.

But both Lindsell and Scottish mortgage are my gamble funds with little invested.

My main investment is in steady Broad funds like vanguard and index funds.

If you open stocks and shares soon you should research vanguard and then perhaps as a small gamble see what the Unilever shares are doing, they are quite cheap at the moment.

For long term it might be worth investing in funds focused on AI and next generation technology.

I inherited Scottish Mortgage Investment Trust shares 6 years ago and they have gone up 2.725.56% since then (according to yahoo finance) My grandfather would have bought them many, many years ago before people really bought shares. He was a tenant farmer, so quite poor. They were then passed on to my parents. I wish he and they knew how well they had done.

They are not, and never have been a "safe bet". It is a high risk investment which has outperformed the market. It may, or may not, continue to do so.

PP don't seem like proper investors as they're giving you crap advice. Investing is not gambling, and if you invest you should expect to be in for at least five years. Nobody can tell you if SMIT has reached its peak....you will have to do your own research. If you're not keen on them there is a world of options out there

I invested in Lindsell train too late and I can't make any gains.

This is a bit of a ridiculous statement as Lindsell Train Global equity is up 11% this year.

I put £10k of pension into it, I think about 4 years ago) which is now £60k, I wonder if I should sell half and put somewhere else to be safe. Has a lot of companies that did well last year, could change as things normalise, I have no idea.

Did you sell half? It had all been going so well until this last week...

SMT is a rather nice trust, allowing you to buy and sell intraday if you so desire... Hard to sell when everyone else is selling of course.... Past 12 months hasn't been a typical year, but that happens every so often... And those questioning the recent pullback, feb/mar, will have lost profits back to late November...

More conservative options are the vanguard suite of funds, very low fees, no stamp duty and their lifestyle funds allow you to plan in advance for the exit point you wish, 5, 10 15 20 years time etc...

It's all about time in the market, rather than timing the market, although trading rather and investing can reap silly rewards but that's because of the level of risk...

pension expert on youtube is an invaluable resource to those of us who are interested in funds of all kinds and how investing in the markets can work.

Put it this way, the best inheritance i think anyone can give their kids, is an already invested amount and some investment knowledge... won't be long before they see how straightforward it is, and how truly, money goes to money.