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

To: Bread Upon The Water who wrote (4860)	11/15/2002 10:54:28 AM
From: a.handbag.	Read Replies (1) \| Respond to of 11633

Right on. Every move in unit price cuts both ways. If your main concern is the bottom line of your account statement then you will be upset by a lower price. My main concern is accumulating enough trust units to provide a good income for retirement. I have learned to look beyond the bottom line of my account to the opportunity afforded by lower prices to re-invest distributions for a higher yield. Such an opportunity may arise this weekend when the 15th of the month distributions arrive. I don't like DRIPS because you could be chasing performance, which is the worst strategy of all. My own rudimentary rule of thumb is always to lower my average cost with new purchases.