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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Lorne Larson who wrote (3520)6/23/2002 1:14:25 PM
From: Peter W. Panchyshyn   of 11633
 
In your examples you calculate PWI's gain from a $5950 starting point,

------ To make it clearer for you I use for the person P staying with one trust and adding on weakness keeping record of total number of units bought and average cost -------

and calculate the other examples from a $7000 starting point.

------ I use for the person L switching, $7000 ,because that is what he uses what he starts with. From his first trust he suffers a loss. He switches. He does not add anymore money but uses what is left from the $7000 namely $5950. So L's cost base is always that starting $7000. P's cost base becomes that $7000 plus what he added by accumulating $29000 ----- All this was done because of the original argument. You said that a person switching will get better returns as a result. I said that a person staying with the same trust and not switching but accumulating at the lows would fair much better. Thats what the examples clearly show. --------

This is either plain stupidity or intentionally misleading. I've calculated both examples from the same starting point, namely the original $7000 investment.

------ You change the terms of the discussion. Only when it becomes clear your wrong. Then say how right you are. YOUR NOT. ---------
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