Financial Channel

I'm 99% invested in Income trusts.

the yield is great, get paid every 15 of the month.

Just trying to find out if there is any other income trusters in here or out there.

And if so which trust is your darling.

AZ

Maybe you should have a closer look at the likely capital losses on your statement which are building as the market sells off and companies cut distributions. Here's some reading for you, some income trusts have been compared to ponzi schemes, others pay out more than they earn. The ones tied to commodity prices have been selling off.

http://www.accountabilityresearch.com/media.html

I'm a fan of income trusts. Instead of being paid on the 15th of every month, I've enrolled in their respective Dividend Re-Investment Programs to buy more units. That way I'm also dollar cost averaging when I buy and there are no trading fees. As long as you pick high quality companies, they're a good investment.

I shuddered when I read this statement. Investment diversification is highly recommended by most, if not all, investment professionals.

I am a great fan of Income Trust, I am too enrolled in DRIP and reinvestment to buy more units without any fees. I have SDT.UN as a diversified income trust, not to have one trust but have over 30 income trusts in one. Any other income trusts you like?

having various trusts in my portfolio, i've never seen the DRIP option?

is it done through the broker or do i have to signup directly via the annual report package?

thanks!

Your fund must operate such a program. There aren't many that do.

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dback42, Do respect your opinion.

Losses is just like anything else, Bonds,shares,ventures,Mutual funds, Am I wrong?

ponzi schemes?= some trust companies have paid out Their value in distribuition since inception!!

And why not buy DIVERSIFICATION in real estate, O & G, transport, Food etc And be paid monthly with TAX advantages!!!!

Do you for a minute Think Drillers for OIl and Gas will stop drilling, Garbage Companies will stop hauling Trash, school Busses will stop hauling kids to schools, Chains of restaurants will go belly up!!!!

My friend you have a lot to learn!!!!!!!!!!!!!!!!!!!!!!!!!

again I know nothing compared to what you know.

AZ

I want to diversity my portfolio by buying as many houses and real estates as I can. First I will start off with up to four green houses per property. Once the green houses are all maxed out I can replace it with a red hotel.

Yes, Yukos Oil (Russian Oil & Gas company) was forced out of business by being assessed US$7billion in back taxes. When the company somehow came up with the US$7B, the Russian Gov't said they goofed and it was actually US$20B. A company owned by the KGB bought the company for about $0.20 to the dollar. Similar irregularities occured with Gazprom

Of course, these are Russian companies, and we all know it won't happen here to Canadian companies, right? Bre-X found gold and Boston Pizza, real estate and Tim Horton's will remain profitable forever.

It's not that they stay in business its that they remain highly profitable and cashflow positive. In a competitive environment that may be tough to do

That's why you buy high quality and buy more than one holding.

Here are excerpts from my last Investment Reporter newsletter:

"The market setback is a buying opportunity. Stock market setbacks are often seen as a disaster. But if you're buying stocks it's good news, because you can now do so more cheaply. Also, a setback doesn't damage your dividend income. Only those who sell will lose. So buy or, at least, postpone selling."

"A stock's yield helps you measure the return on your stock. But focusing on high-yield stocks, or reaching for yield can hurt you. It's best to buy companies whose earnings per share keep rising. This makes it likely that they'll keep payig - and hopefully regularly raise - your dividends. One such company is xxxxxxx xxxxxx Income Fund $15.40 (TSX: xxx.UN). It's a buy for high and rising income as well as long-term gains."

"If you lack the nerve to take full advantage of the falling market, then consider doing so through dividend re-investment and cash option plans. After all, this can involve much smaller sums of money."

"You should take advantage of the market setback to pay less for stocks. As usual, you should diversify across the five main economic sectors of finance, utilities, consumer, manufacturing and resources."

"With the consumer sector up the least over the past year, that's where you're apt to find stocks that offer you safety and good value."

"If you're withdrawing from the market by selling stocks, we advise you to postpone selling. That's because we expect the market to recover. We expect few interest rate increases due to the high loonie. And overall company profits should grow - particularly as commodity prices ease off."