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: Goldberry who wrote (2602)2/9/2002 3:28:23 PM
From: a.handbag.  Read Replies (1) of 11633
 
The problem as I see it is that Peter Pan is too easy a target. It's a shame because his underlying strategy is defensible. I can only skim over his diatribes, and I am not comfortable with his patronizing of Joe Average. I suspect that Mr. Market sees to it Joe Average is rewarded more often than Joe Above Average. I personally adhere to a buy and hold forever strategy for income trusts, and I agree with P.P. that distributions are the meat while capital gains are gravy. Now if you guys can generate lots of extra gravy by trading in and out then good luck to you. No amount of chest thumping is going to solve the question as to which is better because of the number of variables involved. Let me try another analogy. Suppose a young person came to ask the best way to make a lot of money in life. You might advise him to become the CEO of a corporation, while P.P. might point him towards dentistry. Do you really think we can know who gives the best advice?
Can someone explain to me why investment advisers hate royalty trusts? They say that you're getting mostly a return of capital, but so what? Isn't that a tax issue? Several royalty trusts have now paid total distributions over 5 or 6 years that amount to their original unit cost. They are hardly empty tanks, claiming years of reserves, and with unit prices higher than at the outset. What am I missing?
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