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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 (3512)6/23/2002 2:49:20 AM
From: Lorne Larson  Read Replies (5) | Respond to of 11633
 
I see you're still the obnoxious jackass you've always been. I'd stay out of this but you apparently are still raising the "it was a mistake to bail out of PWI and switch to something else" absurdity, and an answer is required. I'll keep it simple since you obviously have some sort of a mental defect when it comes to logical thought process:

An investor has Stock "A". He has a choice as to whether to keep Stock "A" or sell it and buy Stock "B". If he sells Stock "A" and buys Stock "B", and thereafter Stock "B" increases on a percentage basis more than Stock "A", he's made a good decision.

This is so basic that a 8 year old could understand it, but apparently you can't. I now look forward to one of your long convoluted posts attempting to explain why the above simple premise is wrong. In the process you will again make a complete ass of yourself, just as you did when you didn't know the currency the trusts used to report their NG sales, and than spent numerous posts trying to claim you were right notwithstanding that numerous posters directed you to sites indicating that you were wrong.

Myself and many others look forward with anticipation to your response. Arrogance on investment forums is quite common, but arrogance to the point of irrationality is somewhat unique.



To: Peter W. Panchyshyn who wrote (3512)6/23/2002 7:01:30 PM
From: Scott Mc  Read Replies (1) | Respond to of 11633
 
Just trying to keep it simple, in actual fact most funds are charged daily, so its 1/365x2.5% or whatever..

THE BOTTOM LINE IS THAT IF THE ASSETS ARE $1000 you pay $25 dollars a year in fees, so instead of getting a 10% return from a fund you received 7.5%, it may come off the money you send in with your rights....
I'm just trying to keep it simple and the reason my previous examble was remarkably similar is THAT IS WHAT HAPPENs...
Scott