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


To: Scott Mc who wrote (2999)3/24/2002 7:38:05 PM
From: Cogito Ergo Sum  Respond to of 11633
 
Hi Scott,
I've two RSP's one Non registered account (so far), two RESP's and 2 'In-trust' (for my kids).
I used mutual funds exclusively until a few years ago when the returns dried up. In the small ones I used them until two years ago. The last few years, since the death of NT, I've been trading individual stocks instead. My plan has been to go for stocks with a some dividend if possible, with good fundamentals, that I thought were set to appreciate in the short term. I'd take a 10 to 20 % pop and move on. Three or four successful trades makes for a great year over year return :o) Unfortunately as the accounts get bigger, and bearing in mind I'm talking education funds and retirement funds, it gets harder to manage and maintain diversification. It's worked out very well so far. I've started my trust 'experiment' in the two smallest accounts to build a stable revenue base and lessen my trading requirement. Whatever I learn (if it's good ;o) will be applied of course to other accounts. I actually do most of my 'trading' in my RRSP's so I don't have to worry about trading too much thereby causing Rev Can to deny my cap gains exemptions.

regards
Kastel