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

To: David Alon who wrote (6234)	8/29/2003 5:38:42 PM
From: Peter W. Panchyshyn	Respond to of 11633

Peter,nothing is perfect but as long as one can find good info on that thread I will follow it. ----------- With the good comes the bad. That so many just want to ignore as to not have happened at all. A few instances of which comes to mind. Many there were actively promoting PMT.UN when it was going to convert and first did convert into a trust. Look what happened in that case afterwards. Not too many happy followers there. Or the case of PGF where after its announced writedown of one of its properties a few were warning others of the big selloff to come and that they had better get out. Fact was there was no big sell off. And after a mere 20 some cent selloff on a then $15 trust the same were calling for people to buy because the huge selloff was over and it was set to rise. The fact is the costs of doing all this selling and buying ate into much if not all or more of any gains. To make the whole matter a complete waste of time and effort. As it would have compared to either holding or even just adding. Then there is the case of the thrashing of the trusts of trusts (like EIT and SDT). These were suppose to not be doing very well as the gains from any trading they were doing would in the near future be slim pickings and they would have to reduce there payouts. That dire prediction never happened. And these not only have maintained their payouts very nicely going forward these many months. But they are also set to have some very nice trading gains come year end, with the recent rise across the many trusts they hold. And these trusts of trusts still continue to prove they are worthy of joe averages attention which is opposite of what many there have been saying. Trying to convince those like joe average that hey you can do so much better with your limited resources, limited time and limited knowledge by buying and selling your own basket of trusts. But when someone asked them , then show such, going forward with a model portfolio all can follow, to prove your points. WELL THAT NEVER HAPPENED NOR WILL IT EVER HAPPEN for the obvious reasonings anyone can plainly see. And these above three examples are but a few of the many cases spread throughout that board over just the recent past. That makes its real benefit to someone like joe a big question mark. ------ I just picked up CWT and CPG because of that thread. There is enough good info, that it pays to read it. ---- And there is just enough if not more misinformation and promoting for selfish reasons (to con joe into maybe doing the wrong thing at the wrong time) so they the hypersters can make a trading gain at joes expense. So it pays to be very cautious and do the proper due diligence on ones own. And sort out all the BS and crap and lies and misinformation with proper care and attention. But if someone wants to just take things as they are presented there then they can suffer the consequences. Many already have as in the case of the examples I gave above. To each their own. ---------- I usually read just the ones I am interested in.

To: David Alon who wrote (6234)	8/29/2003 6:16:46 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

There is enough good info, that it pays to read it. ------- I and many others are or have become a little suspect of that board. With its close ties to that newsletter "INVESTING FOR INCOME". The moderator of the board has ties with that newsletter. His friends basically run it and they frequent that board as regulars. Directing what gets said and how it gets said. Pretty hard to want to try and sell its services to joe average. When the least efforts way to invest in trusts is the way I and Eastearner and others do. Buy and accumulate (on any weakness lowering ones cost base) a trust that has been around for a long time with a long proven track record that does its job of deliver that cash to unitholders each month. All one need do for proof positive of this is to follow my past posts here. Its all there and documented. Time stamped which can be correlated to actual past trust events. As per just one example ,my buying of NCF.UN at $18 and accumulating more and much more all the way down to $10 over the last couple of years. Today it is over $16 and has delivered high monthly income each and every month since. Check other posters comments along the way over those two years. About what a big mistake it was. How bad it was. Well I am and others are laughing all the way to the bank with that. And my other trusts show similar success. A simple strat that works and works extremely well and with the minimum of efforts to carry it out. ------------