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

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To: Lorne Larson who wrote (2458)	1/21/2002 1:22:26 AM
From: a.handbag.	Read Replies (2) of 11633

I have to enter the fray here. Peter Pan is correct on the subject of unrealized losses. Let me try an analogy. Suppose a house down the street sells at a price that is x dollars less than what you thought was the going rate. Do you go crying to your wife that you've just lost x dollars in the housing market? Being more sensible she will calm you down by telling you that it was somebody else's trade not yours. She will point out that you have a house to live in, not flip in the real estate market. Someone else's trade is of interest but of no consequence. When you do sell your house sometime in the future the price you receive will not be in any way affected by what happened today. Most of us probably buy income trusts for income rather than capital gains. Good luck to those who choose to trade frequently as they keep the market liquid. I think it's in a way unfortunate that other peoples' trades have to appear on my account statement, but I keep in mind that they are just that, other peoples' trades. Can we try to live and let live, trade and let trade?

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