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

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To: Peter W. Panchyshyn who wrote (6243)	8/30/2003 11:35:36 AM
From: Marc Fortier	Read Replies (1) of 11633

It sounds a lot like investment through a DRIP. I hold two stocks through DRIPs: AIT (Aliant) in Canada and DCI (Donaldson) in the US. I am in the money for the two, although DCI has been far superior so far. I found over time that one can do the same in his own portfolio, provided he chose carefuly his holdings and stick to a long term approach. I hold GBT.a and added to my position while the stock when down a few years ago. I did not regret it. Now that it's more expensive I sold part of my position and still hold the core for the long term. If the stock goes down again, I might reinvest along the road. I am trying to apply this strategy to other stocks or trusts. AET, REI and PKI are too expensive right now, IMO, to invest fresh capital. I would like to find two or three more trusts, in different sectors, to complement the portfolio. I am not in hurry. In two or three years I should hold six or seven trusts and let the distributions grow by patiently adding to the positions over time. Marc Fortier

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