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

To: Peter W. Panchyshyn who wrote (2994)	3/24/2002 8:18:55 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

Hi Peter, The RESP's are education plans similar to an RRSP but no tax exemption for the contribution, just tax exempt income while in the plan. I have not set up drips. The accumulating cash sits in money market funds until I buy more shares.. Yes the money goes in like clockwork. @2000$ yearly from me and a 400$ (20%) 'subsidy from the feds' so the money waits for and appropriate time to buy. It may not exactly match your method as I may not have cash to buy when the price is down of course but this could happen anytime. I may just not have the cash anyway as I'm self employed and cash flow is variable. I can't margin these accounts. So the model will be followed to the best of my financial capabilities. Surely this must be a criterium for anyone. Also bear in mind that I've only been at this model less than a year. regards Kastel a cute and cuddly Canadian Interesting that SI spell checker gives me an error for criterium. I guess it doesn't know that it's the singular of criteria :o)