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: Peter W. Panchyshyn who wrote (3598)6/28/2002 7:42:15 AM
From: Lorne Larson  Read Replies (1) of 11633
 
You had better divest yourself immediately of your beloved "trusts of trusts". You see they do two things that you apparently regard as critical mistakes. First of all they switch their holdings on a regular basis. Secondly they report unrealized losses on their financial statements as losses. (the same as every pension fund and mutual fund, and as required by GAAP). Yet you apparently think these are wonderful investments. At the very least you should immediately contact the fund managers and explain to them how ignorant they are on these matters. You should also contact the professional accounting body and advise them that unrealized losses are not really losses, and that GAAP is wrong.
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