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

To: A Horse With No Name who wrote (6070)	6/25/2003 11:34:54 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

why would i invest in reits or any business trusts Again like any other business some are good and some are risky but have a shot. Even in O&G diversification saved me from myself with Paramount. There are strong business trusts also like Transforce in the mid 7's now past 8$ or recently Associated brands in the 10.50's now almost 12$ again. On balance though there is better risk reward in the O&G sector. for example handbag's example of the RYL.UN REIT I think presents attractive risk reward to me, no position now. 1000 shares @ 4.76 gives you 15% return. REITS and housing are different in many cases, hotels, malls etc... Different animals. The Transforce (TIF.UN) (trucking) pays me 15% on my ACB, not bad. AET.UN a solid trust, is only paying 14.1% to today's buyers. Hmm! if oil goes up too high it will kill the already drowning US economy and won't help China's build out either. We could see 20$ oil again. A few months of that and where would current unit values be ? Lastly just for the sake of diversity Pretty much everything I own and trade is part of a theme influenced by my view of future except for the real short term stuff which could be anything but I don't do too much of that. The USA's time as dominating economic force is waning (still lots of inertia to overcome). China will be the new engine. We haven't seen anything yet. It's not inflation or deflation but both depending on what you are talking about. Energy up. Manufactured goods down. Food level to up. Metals and other raw materials up when China starts having a larger domestic market to supply. North American standard of living down as China catches up. Energy is just a subset of the greater theme. Oh yeah and gold too ;o) regards Kastel