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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: energyplay who wrote (7855)10/7/2004 1:48:08 PM
From: Tommaso  Read Replies (1) of 11633
 
I decided to convert most of my PTF into Energy Split this morning, mostly to get diversification. Saddles me with the 15% capital gains tax on the PTF (and also I should have sold about an hour earlier than I did, losing 1.5% by dawdling). But it's silly to have 15-20% of one's investments in a single company, and just maybe the leverage of ES will continue to do its magic for the next 18 months or so.

PTF was showing little disposition to share the wealth of what must be a huge increase in income, though this might change as 2005 unfolds.
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