SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: whitepine who wrote (1319)8/24/2001 5:16:19 AM
From: Peter W. Panchyshyn  Read Replies (3) of 11633
 
How much more Pengrowth did you buy today?

----------- Looking to buy more of this one , yes. And others. Especially since my recent success (gains) with the ERF.WT and the EIT.RT . This downward move could not have come at a better time.

Seems like it is time to average down and buy more. I know some who
did that with NT and LU and, well, they ran out of funds as they averaged down...and down...and down.

---------- You really should look to post # 1312 and the article referenced there. In that article it refers to ERF.UN (a one trust example) and how the person had earned $10,000 in income from that trust alone in August. That is enough to buy more units to then get more income , to then buy more units and get still more income , and so on and so on. With the income these (all trusts) are still generating and with large numbers of units in the many tens (or much more) of thousands. Running out of funds is not a problem. Never has been and never will be. You really should not compare apples to oranges. Just how much income does NT or LU (?) generate in a month ( if you have tens of thousands of shares ) ????? Big difference my friend. And I can also add that I still have substantial margin available to utilize should the circumstances remain this or become even more favorable. So I repeat running out of funds is not a problem. NEVER HAS BEEN NEVER WILL BE.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News