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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 (6243)8/30/2003 11:11:56 AM
From: bill  Read Replies (1) | Respond to of 11633
 
Atco customers in southern Alberta will be charged $6.21 per gigajoule come Monday, compared with the $4.26 per gigajoule they paid in August.

Storage rates may be good but if $6.21 is the price in
Sept. how about Jan, Feb, March? This is a huge increase.
Atco does no hedging but buys on the spot market.



To: Peter W. Panchyshyn who wrote (6243)8/30/2003 11:35:36 AM
From: Marc Fortier  Read Replies (1) | Respond to of 11633
 
It sounds a lot like investment through a DRIP. I hold two stocks through DRIPs: AIT (Aliant) in Canada and DCI (Donaldson) in the US. I am in the money for the two, although DCI has been far superior so far.

I found over time that one can do the same in his own portfolio, provided he chose carefuly his holdings and stick to a long term approach. I hold GBT.a and added to my position while the stock when down a few years ago. I did not regret it. Now that it's more expensive I sold part of my position and still hold the core for the long term. If the stock goes down again, I might reinvest along the road.

I am trying to apply this strategy to other stocks or trusts. AET, REI and PKI are too expensive right now, IMO, to invest fresh capital. I would like to find two or three more trusts, in different sectors, to complement the portfolio. I am not in hurry. In two or three years I should hold six or seven trusts and let the distributions grow by patiently adding to the positions over time.

Marc Fortier