CAD has been my biggest holding for several months now. Lucky to have bought last December at silly prices. There are some wonderfully undervalued stocks out there right now with international exposure!
we have reached a floor here. This is my second biggest holding now - for good reason. I love these undervalued stocks (although everything looks undervalued now apart from some of the miners!).
Just shows - quality always wins through no matter what crazy stuff is going on elsewhere. I can't believe people sold CAD into this market - will regret it I'm sure.
I slightly regret topping up at 50p during the ISA filling period a couple of months ago. I suggested then it would go under 50p again and I was told I was mistaken. Anyway, I must go with my gut feeling in future and when this doubles in sp it will not matter much. I initially bought in here at 21p and I don't think it will see that again. Interesting how sentiment across commodities hits a sound investment like CAD. But I suppose it simply means topping up and waiting the 5 years plus needed to see the best return.
We are all agreed that CAD is undervalued but there will be a retrace - there always is, even with sure things. I hold an average of 21p and am more than happy to top up but I am waiting for the retrace once ISA enthusiasm fades...
I don't know if this is a silly question but do you think a partial explanation for the movement upwards over the past month or so is small investors filling ISAs? Should we expect a drop in April? I know this could be applied to any ISA qualified share but I just wonder....
I am planning to hold off until next week to top up.