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

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To: Peter W. Panchyshyn who wrote (3021)	3/24/2002 11:36:29 PM
From: Lorne Larson	Read Replies (1) of 11633

Are you really that incredibly stupid?! Let's assume I bought PWI at $7.00. It drops to $6.00. I hold it and it returns to $7.00. (the Peter approach to trusts). I am break-even at that point. Assume instead that I bought PWI at $7.00, it drops to $6.00. Instead of holding I buy the same number of shares of another trust at $6.00. It goes to $7.50 (which is what I did with PVE but I've simplified the numbers for you, because you're a simpleton). How in the hell, you complete fool, can the 1st situation be better than the 2nd???!!!

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