SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Link Lady who wrote (16320)9/1/1998 4:06:00 PM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
Hi Wendy,

I think the real question is whether these three Canadian companies can/will maintain their dividends if the economy slows more and what will happen to Canadian interest rates, which have already moved up. Ask your broker both of these questions and see what he says. You could also talk to the broker about maybe writing some call options to provide some downside protection.

John

PS - If you feel uncomfortable, put enough into either a T-Bill or Money Market mutual fund on a rally to make you feel safer and then see if you can buy back in lower in three or four months, if your capital gains tax situation permits this.