Canadian REITS, Trusts & Dividend Stocks Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter W. Panchyshyn who wrote (2978)	3/23/2002 5:54:40 PM
From: Tommy D	Read Replies (2) of 11633

Peter you are missing the point of my comments. I am simply stating my opinion that investors should consider the relationship between interest rates and the price of oil and gas trusts. If my opinion is right, a fundamental shift in interest rates could effect the pricing of the trusts. When investing and considering the various factors that a person looks at when investing, it is an issue which the investor may consider or ignore. You obviously disagree with my position and I assume you will ignore rising interest rates, which is your right. However, some of your comments in your reply are totally out of context. You refer to me not providing any "DATA" but perhaps you could clarify how someone provides "DATA" for the future as it has not occurred so any comment on the future is simply conjecture, (although some may be based more on history and anlysis than others). Peter, how do you measure the influence a matter such as the relationship between rising interest rates and trust returns has on the psyche of the investor in the marketplace. If you have solid "DATA" about the future or psyche of the investor that will allow all of us to know what will happen tomorrow, next week or next year, please post it and perhaps also where your clairvoyant powers arise from. I don't have any similar talents so simply state my opinion. A second issue is one of accuracy. You stated in reply to me and in other posts that your investment method has been successful for close to 20 years. Perhaps you could define "close to 20 years". I was reviewing an article on royalty trusts in Canada and the author (who is a well respected tax practitioner) stated that the first royalty trusts were launched in 1986 but that the explosion of royalty trusts occurred in 1994. Unless you were investing in the United States, even if you bought the first day the royalty trusts came out, it would seem that your success has been for closer to 15 years. Still admirable performance but certainly for a person who seems to pride himself on accuracy, your previous posts seem to be in error. For the record, while I suggested that people consider interest rates in their investment decision making process, at no point did I suggest it was the only issue. I review my investments based on a number of parameters but I do not see any need when talking about a particular issue to review these other issues but rather to focus on the topic I wish to discuss. Your response implies that only one issue is considered by me in making my decisions. TommyD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next