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

To: bill who wrote (6250)	9/1/2003 1:39:41 PM
From: Peter W. Panchyshyn	Respond to of 11633

I'll stick to the board and my own DD from now on. Some of the trusts I bought have been down OYR.UN was down for quite awhile. I should have followed Peter's strategy and bought more when it was down. It just about back to what I paid for it. If I'd averaged down, I'd be in the money. ------- Thanks for telling us of your own situation. And further thanks for the confirmation of my strategy. Its past real time follow through many have done themselves over the years I have been mentioning it here. When you give someone some simple math they can use and a simple strat they can follow, and further give them some sources to check out and use themselves. It just makes it all so much easier for them. -------- Some of my trusts that have moved up substantially (and the return has moved down) I've sold and replaced them with other trusts. ------ I am not against selling. I just want to make sure people sell for the right reasons. Not because of emotion or misinformation. Each person has to decide for himself and his own circumstances what is best for him. Is it best that he take some profits along the way? Or is it better to just keep collecting more and more income each month with more and more units???? ------- My blue chips have also been paying decently (for common stock). NF has been ten cents a quarter and patience has paid off. It has moved up from 7 to 9.90 and looks like it could go up another couple of bucks. RUS is good. Pays 7 cents a quarter and has at least another dollar upside. TRP has been incredible if anyone bought after they cut their dividend. EMA has been a solid performer for years, paying 86 cents a year. Only dog here is Abitibi because it cut its dividend. However, the price is moving back up. I like the potential capital gains on the common. Never expected to make the kind of capital gains I've made on the trusts. That's been a big surprise. ----- Should not be if one examined the long term price history of the trusts. Check out the sources I gave when I described my method. All of that is shown quite clearly there. In particular look to the move from one years lows to the next years highs for the unit prices. That happens almost each and every year like clockwork ------