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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: WINDSURFER50 who wrote (5010)4/26/1998 5:05:00 PM
From: Scott Mc  Respond to of 24920
 
Tomas,
What I do is get a copy of the globe and go through the Unit Trusts and installment receipts, either check the library or go to
fin-info.com
get more info and call the company for the annual report etc, its more work, however it makes me feel comfortable in holding something if it drops and I also know if and when to sell.
Scott
I would also buy a basket of them(2-5 depending on your resources)



To: WINDSURFER50 who wrote (5010)4/29/1998 11:07:00 PM
From: Golf Pro6  Respond to of 24920
 
tomas, i hold one such trust myself, the Enermark trust. the capital gain (which i have yet to see) would be just difference between sale and buy. the distributions count on your taxes as income from trusts and are treated similar to interest, with a very substantial discount (something like 80%). these trusts are good investments, buying a few of them to diversify is probably a good idea.


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