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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (9966)	6/5/2005 10:45:40 PM
From: Mario :-)	Read Replies (1) \| Respond to of 37387

David, speaking of RICI... > I see Sentry Select is launching a commodity trust to partly track the RICI. I would bet on that as a better way to track commodities and get yield than RSI. I'm waiting on their response, but looks like there is 'Jim Rogers Raw Materials Index Funds' available: upsecurities.com Take care, Mario

To: Taikun who wrote (9966)	6/6/2005 9:30:25 AM
From: Tommaso	Respond to of 37387

I owned the U. S. trusts for many years and made a lot of money on them. The trouble is, they have definite life spans and are definitely depleting assets. They also are terribly overpriced now. That is why they show such a high total return. Investors have belatedly noticed them and have bid them up. These are the true examples of purchases based on past performance. The idea of buying a diversified collection of trusts using one of the Energy Split trusts is that it is hard to predict with certainty what any individual trust will do. Also, you get a leveraged return. When you speak scornfully of the constituents of these funds, you are dismissing almost the entire universe of Canadian energy trusts. I really do not find your analysis of this sector to be very reliable. I have been following it closly for a long time, first buying individual trusts and then settling on Energy Split. Quite a number of us who follow this sector do worry about the ability of the trusts to keep acquiring new properties at reasonable prices. So far, they are doing pretty well. Also, some people refer to them as Ponzi schemes since they are distributing income liberally. For the longer run, I recommend Canadian Oil Sands Trust and its leveraged derivative, Oil Sands Split. Here there is no problem of depletion. There are other possible problems, but the supply seems good for fifty years. I think perhaps the main difference between our approaches to this sector is that I am seriously interested in making money whereas you are seriously interested in giving advice.