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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Goldberry who wrote (1810)11/8/2001 10:35:08 AM
From: David Alon  Read Replies (3) | Respond to of 11633
 
Graham, many of those oil and gas trusts has paid out almost if not more what their price is from the original IPO, but the reits have done just as good and on a consistent basis,take REE, I bought it in June at 12.60, yielding 8%. It's trading at 14.70 plus add in those monthly dividends, gives an excellent return in 6 months.
I still have about 15% in oil and gas, more as insurance then anything else.
Each person should have his or hers strategy and stick with it.
I won't knock anybody's strategy, after all, it's his money to make or lose.



To: Goldberry who wrote (1810)11/8/2001 2:50:57 PM
From: Peter W. Panchyshyn  Respond to of 11633
 
PGF.un has been highly regarded as one of the better trusts and it would be interesting to see what there share price was going back to inception and then what the total payback has been?

---------------- I went straight to the PGF.UN site for the info. Total historical distributions to date is $20.95. The price at inception was $7 a unit. Easily checked by the annual publication by Financial Post Datagroup Ten Year Stock Price Data - year 1990. So all your BS about the long term performance of this trust is just that BS it has little to no support from the real long term data. Case in point that instead of going to the info yourself you look to a peice of the info and say that that tells the whole and true story. It does not. Better luck next time. ------------------

--------------- My average price for PGF.UN is just over $10 a unit. Do the math with the real numbers Einstein. Comes as a real surprise. NOT ----------------------------