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


To: energyplay who wrote (7018)5/13/2004 3:45:38 PM
From: Tommaso  Read Replies (1) | Respond to of 11633
 
Having been totally screwed by certain U.S. energy trusts (Freeport McMoran, Mesa Offshore), I am wary of anything that promises a wonderful stream of income. Even BPT was a losing proposition some years ago when OPEC drove down crude prices.

Best I can come up with is Energy Split, which spreads the risk over 17 (soon 16) trusts.

In the past I have done very well with some U.S. trusts: PBT, SBR, SJT, and even BPT after it recovered. I do not hold any of these right now.