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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: David Culver who wrote (1790)11/7/2001 9:15:54 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
RIOCAN hit another new high today do not for get the reits, 10 % looks pretty good compared to a GIC.

----------- I haven't forgot about the REITS. As I said in a previous post I hold and accumulate REF.UN and have done so for about as long (20 years). I mentioned in an earlier posting that I choose to concentrate more on the oil and gas. I also do the same with the trusts of trusts like SDT.UN and EIT.UN. The oil and gas ones have provided me excellent returns. So too have the REIT and the trusts of trusts. Its all a matter of degree and focus. All long term are well in excess of 10%. So compared to a GIC they look much better than pretty good. And then comparing them to a trading strategy ,as exhibited by some here, they blow that away as well. --------------------------
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