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

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To: Lorne Larson who wrote (3538)6/23/2002 10:43:28 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
Here's the cold hard numbers
PWI - 8.8% (The one Peter said to hold. Great advice Peter)
Explain to me again why I should have stayed in PWI and not
switched to AVN. Like I said, with every post you make more of an ass of yourself.

--------- As before these numbers you use mean nothing. Because you still insist on saying that all I said was to HOLD. When the fact of the matter is that I said to accumulate at the lows. So that 8.8% you quote above is another of your lies. Accumulating as I do and as I say makes the return much higher. And add in the costs of switching and trying to decide which other to switch to. Makes the whole effort a waste of time and effort. Especially for joe average trust investor. Now I gave 3 real data examples for you 2 of those showed losses from selling at the loss in the first place. PWI went from over $7 down to under $6. Something you conveniently left out in your meaningless example of this post. Then taking that real loss and buying into the other trusts. You can't dispute those so you just ignore them. Well you cannot ignore them. The loss on the first was real and is documented with the real world trading data. And that loss takes away from any of the gains in the switching to the other trust. PURE AND SIMPLE. So you were wrong and are still wrong -----------------
-------L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys NAE which at the time of the switch, mid dec, is $9 which gives him 661 units. NAE is now $9.85. He has $6512 6512-7000 is -$488 or -7.0% from Message 17640184 and earlier
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