Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: chris714 who wrote (35965)	7/11/2003 3:54:54 AM
From: Seeker of Truth	Read Replies (4) of 74559

The key to sleeping at night with the trusts is your belief in the long term future of the oil price. If you think that oil will return to $20 or under then probably none of the Canadian oil/gas trusts are worth holding now. I personally think that the price of gas at least will not go down much so I sleep well owning a bunch of those trusts. Don't expect a noticeable rise in price; do expect a fine income. IF you think that both oil and gas prices will repeat their usual oscillations and want to sleep nights then Canadian REITS are a better choice. But they are slightly better for Canadians then for U.S. taxpayers because the DRIP is usually only for Canadian tax payers.

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