I could use some good news, not thinking CNR is overvalued but what do I know anyhow. My best guess is to hold it, only a small amount - not watching it
Got much more in Cisco as its supposed to be safer. I think this is known as a value trap, looks like a cheap stock but its sinking.
Not really ideal to buy at least short term, unfortunately I have a bad habit of catching falling knives hoping they will hold. I see most chasing momentum upwards.
CSCO paid out their first dividend in over two decades. I got that right, ironic the share price falls 1.4% yield only PE 8 ?
Here is a short article going over cheap big cash rich tech stocks, Intel etc -
http://on.mktw.net/eJJz0a
ISA more for trades too now as once the cash is in you can do what you want, you don't pay stamp duty either, nor are you taxed extra on dividends.
The explanation for the stamp duty is to match what I said earlier about multiple listed stocks working in an ISA
Stamp duty is not payable on all UK stocks.
ETF
Foreign based
ADR
and maybe a couple others like investment trusts. CEY used not to be taxable because it was also listed on ASX or Australia I think
However they have listed fully here now hence Im pretty sure it counts for 0.5% tax on buy only as do most stocks
CLF is multiple listed hence should be tax free and also that means eligable for an ISA despite being a tiddler/risky not fully listed stock as ISA requires.
Halifax sharebuilder states if stamp is payable when you put in an order, also iii I think
CLF slightly recovering from Ivory coast troubles. They have gold mine there but its shut for now, its not their biggest asset. Selling may be slightly unjustified because of that. Mostly they are in surrounding countries which are probably going to be fine, probably
Isa is good for 40% tax payers, no difference on dividends otherwise so far as I know unless you hold bonds
.