Anyone closed or thinking about closing their US weighted positions on moral or financial grounds? The Oval Office Zelenskyy pile on was the watershed for me. SMT and VWRL made up about 8% of my SIPP. By the Monday morning after Zelenskyy Friday I’d sold 100%, motivated purely by disgust at the USA’s 180° from ally to enemy. As time goes on this move is looking more and more like financial genius too. Thoughts?
Morally…i couldnt careless. Financial grounds… US is still the best place to make money for me (im more trader than investor). My goal is to make money, regardless of what tariffs are in place for different countries or whatever has been said to Zelensky and the rest of the world. Doesnt concern me one bit.
If anything the shenanigans going on are giving great opportunities to buy into top companies at reduced prices for longterm. Gift’s.
Whats your alternative then to make significant gains if not invested in the US or in US companies?
Personally I get to tempted to buy US funds when the VIX spikes as seen recently, some of the intraday falls in ETFs such as IITU (25% off ATH), SMGB (30% off ATH) and DAGB (50% off ATH) are mind-blowing. For me it’s more of a trading environment currently.
Who knows how I will feel once things calm down, I just feel at this current moment in time, these prices won’t be here forever, yes they could fall further in the short term, but the spikes lower present fantastic buying opportunities leading to fantastic selling opportunities when they bounce.
All my opinion, I’m not very good at sitting on ones hands in times of heightened fear, I have to buy and the US is presenting many opportunities currently.
US is open Monday, however we are not, I just hope things can remain calm whilst we’re not able to potentially take any action .
Two interesting responses so far. I would expect most investors to be focussed purely on the financial and this moral stance is a new one for me. I’m a long term dividend investor in search of good steady gains. I can forgo the significant gains if it allows me to sleep soundly at night. I’ve done well with medium yielding ftse100 companies over the last 5 years (and the last 3 months). Everyone’s investing style is different and i suppose mine makes it easier to action the moral view on the US
Edit… typo correction
It’s kind of on the same lines for me and the whole ESG thing. My view is that the companies I invested in should be doing what they do. Then, if I want any sort of ESG. Supporting air ambulance and planting trees is up to me.
I should have pulled out when Zelensky was ambushed in the White House so that I could claim a moral position. In truth I didn’t pull out until the CEO of Nvidia proved recently that you can wine and dine Trump, give him everything that he wants, and still get screwed over by the guy. There doesn’t seem to be any rhyme or reason anymore.
I don’t want to leave much risk on the table in US stocks until they get some trust and order back… insider trading and the market swinging on tweets from an idiot is not a worthy environment. Let alone him trying to get rid of Powell and take control of the fed. Don’t trust any of that. Shame UK stocks suck and you have to pay stamp duty for no reason