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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Cogito Ergo Sum who wrote (1856)	11/9/2001 1:09:36 PM
From: Goldberry	Read Replies (1) of 11633

Hi cuddly. I believe as you seem to be saying that everybody needs to read the news and listen to what is happening and make investment decisions that they feel they can live with. IMO it is a no brainer that we are in and have been in a recession long before our and the U.S. political and economic leaders were prepared to admit. I have no problems with this bit of deceit as if they came out and warned that a recession was inevitable it would speed it up and make it deeper. Personally I believe that it was very evident prior to Sept 11 and that the events hastened and probably will deepen and prolong it. The next key is how deep and how long and if you can get that one right a lot of money could be made. Markets tend to predict events and Oil and gas trusts as every one can see began to lose value this past summer and I believe as price drops in oil and metals tend to be leading indicators of a reduction in the economy this confirmed that we were heading for a slowdown. When you say So since we appear to be in recession now would it be a good time to start watching REITS in general or is anytime a good time to be watching depending upon the individual circumstances of the trust (what comprises it). I am not sure what you mean by watching, to buy? or sell? I personally believe it is time begin nibbling and getting back into some of the better O & G trusts (I like those with decent hedges). We may see further declines but I am not good at picking bottoms or tops. As I bought other investments when I sold my O & G in the summer I have had to sell a few things to buy and as I have very good capital gains in the REITs this past year I have taken a bit of these possibly to soon but I do not see them going a lot higher in % terms and they pay less than the Oil and gas trusts. One thing that I hope everyone keeps in mind is to be diversified and that there are other investments with excellent yields out there that should be considered to round out everyone's portfolio. Some of these are: Pembina Pipelines both the trust and new convertible debentures Quadravest issues cgq stq usa.un inc.un str.e (all tse) more info on these can be obtained from quadravest.com Convertible debentures from Clublink, Revenue properties and First Capital, all backed by real estate assets Their are other trust units out there such as the recent cbf.un but I can't get my hands around this one enough to feel comfortable.

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