Q: I know you like this company a lot and it has served me well. It is about 9% of my portfolio and I have been comfortable with it there. As it hasn't done much this last year wondering if I should reduce back to 5-6% and put money into something else. If so what would be your recommendations. (letting it run is also and option)
Thanks for all your solid advice over the years.
Thanks for all your solid advice over the years.
5i Research Answer:
Keep in mind we cannot personally direct responses. CSU is up 5% this year. Maybe not exciting, but keep in mind it has only gone down in one year, ever, (2022), and is up 20,167% since 2006. We would not be too harsh on it. Recent results were fine (comments posted). Position sizes need to be personal, but most investors might be restless at 9%. Our balanced model portfolio is just under a 6% position and we would reference that as a guide here.