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


To: David Culver who wrote (52)3/11/1998 4:42:00 PM
From: David Culver  Read Replies (1) | Respond to of 11633
 
RIO CAN announced an additional pay out today of 5 cents per unit on top of the monthly 7 cents. This makes an annualized return of about 10 percent for the first three months. I think this return will increase the share price by a dollar or so within six months.

Dave



To: David Culver who wrote (52)3/15/1998 1:16:00 PM
From: WINDSURFER50  Read Replies (1) | Respond to of 11633
 
Ya, actually, I have. The problem for me is that any stock that gets above $10, and in the case of CPL Long Term Care REIT, above $18, usually renders itself out of my price range.

I do think that if someone had $100K and could spread their money amongst, say 8 to 10 REIT's, including CPL, some Energy Trusts including propane, pipelines and oil/gas, a hotel REIT or 2 (probably HOT.IR and RYL.IR, not Legacy) and a couple of exotics... you'd be well diversified. Plus, the cash would flow in for further investing.

Agree?