Is it Too Late to Buy Scottish Mortgage?

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Holly Black 22 January, 2021 | 11:12AM
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Scottish Mortgage presents quite the predicament to investors. There are undoubtedly a lot of people not invested in the trust wondering how they can invent a time machine to go back a few years and hit the "buy" button. Others might have sold their shares a while back having made a tidy profit, and assuming (wrongly, it turns out) that the stellar run couldn’t continue. And then there are those still invested, wondering whether to sell while the going’s good or hold on for more.

While I’m all for buy and hold, when an investment gains more than 100% in a year – and a year of a global pandemic to boot – and has delivered annualised returns of 39% over five years, you really have to ask: how long can this go on for?

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk