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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (71249)12/1/1999 7:20:00 PM
From: re3  Respond to of 132070
 
wayne a buddy asked me about (canadian) reits recently...

i've seen income trusts go down by more than half...coal , sugar...

people buy these things , imo, because there is some bizarre feeling of entitlement of a big yield...but those that stretch for yield forget what might happen to the principal...

re the backlash, people might shun stocks for a generation...damn, we might be too old to buy back in when the time is right, or at least we will need bifocals to check the quotes !