Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Alon who wrote (1812)	11/8/2001 11:11:55 AM
From: Goldberry	Read Replies (3) \| Respond to of 11633

Agree I already posted comparative figures a while ago detailing how the REITS have performed much better than the oil and gas trusts over the past 5 years. It is important that someone like Peter who constantly puts down other trading methods than his buy and hold gets challanged. It is very important to the in experienced investor to realize that getting in at the highs which occurred this past summer can take a long time to recover and one may not ever recover fully. Personally I believe diversification into a number of trust classes is the key and that real estate trusts which are more stable albeit proving a lower return should make up a larger percentage than oil and gas which tend to be more cyclical. On an aside anyone interested in the new Pembina deal should contact there broker immediately as it will be gone by the end of today as it is a bought deal not a best efforts. Disclaimer I subscribed to this new issue and people not familiar with it should ensure it meets their investment objectives.

To: David Alon who wrote (1812)	11/8/2001 3:21:48 PM
From: Peter W. Panchyshyn	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, -------- As per my response to Graham. I looked straight to PGF.UN site for the historical distributions. They total $ 20.95. And the data I have found concerning the original IPO is $7 a unit ------------------------------------------------------ but the reits have done just as good and on a consistent basis,take REE, -------- Near the same double digit returns and yes with much less volatility and with more consistancy. As my own REF.UN will attest to --------------- 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. -------- You are correct each person should have their own strategy. But those new to the game must be given all the data ,all the info to make a complete and accurate assessment. Only then can they decide for themselves which is the way to go for them. As you say its their money to make or lose. What do you say to someone who choices a strategy without the complete info. Then latter suffers because of that lack of info. All you can say is well gee you should have done better due diligence, tough break. After the fact info is no help to anyone. You can't go back and correct it. -------------

To: David Alon who wrote (1812)	11/8/2001 3:33:20 PM
From: stan_hughes	Read Replies (2) \| Respond to of 11633

Yes David, I agree with Peter on this one. To be allowed to post on this thread, you only have two choices - you either (a) agree to invest YOUR money Peter's way, or (b) be prepared to file a formal written 500 word report here everyday of what you've been up to, justifying everything, and then endure lengthy criticisms of your rationales as being hopelessly flawed if they stray from traditional buy and hold. That's the deal, no exceptions. Und vee haf vays of making you comply.