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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 (6248)	8/31/2003 12:29:26 AM
From: a.handbag.	Read Replies (2) \| Respond to of 11633

I have 23 trusts. I don't manage them. In fact I do exactly what you advocate. I buy them as cheap as possible, and invest my distributions by averaging down, or by finding a new trust at a good price. Speaking of which, does anyone have any suggestions? I can't see why there should be any limit to the number of trusts one holds, as long as one isn't constantly going in and out, which is your position.

To: Peter W. Panchyshyn who wrote (6248)	8/31/2003 9:12:36 PM
From: Marc Fortier	Read Replies (1) \| Respond to of 11633

Thansk for the input Pete. I did not know that you held trusts of trusts. Thought that it was too expensive (the MER eating % of the distribution). Like you I feel that the business trusts are tough to follow. I mean, they should be considered more like stocks, the level of distributions depending on the fortune of the business (unlike a resource base trusts or one that has some sort of monopoly [gambling] or providing an essential service to its community [housing, shopping centers, etc.]). I will definitely have a look at your suggestions. Thanks very much. Marc