Report Canadian Energy & Income Trusts ((Merged thread)) in Energy: Oil, Coal, Uranium etc. Posted December 22, 2006 Hi all, Have been monitoring this board and this thread with interest. I was originally bottom feeding on some of the income trusts immediately after the announcement, when they were really oversold. I am not a experienced or canny investor byany means, but I percieved value and dived in. They are up about 5% overall since then despite the tax related sell offs over the last week or so. The dividends on some of these companies are where its at though - anyone agree. Since the Canadian tax deadline for selling shares and realising a capital loss is today (22nd dec), What do you guys see as the outlook for Energy trusts over the next year (all the time I expect to hold them)??? I guess the big question is the price of oil and whether it can survive a US recession (both likely IMHO). Thanks
Canadian Energy & Income Trusts ((Merged thread))
in Energy: Oil, Coal, Uranium etc.
Posted
Hi all,
Have been monitoring this board and this thread with interest.
I was originally bottom feeding on some of the income trusts immediately after the announcement, when they were really oversold.
I am not a experienced or canny investor byany means, but I percieved value and dived in.
They are up about 5% overall since then despite the tax related sell offs over the last week or so.
The dividends on some of these companies are where its at though - anyone agree.
Since the Canadian tax deadline for selling shares and realising a capital loss is today (22nd dec),
What do you guys see as the outlook for Energy trusts over the next year (all the time I expect to hold them)???
I guess the big question is the price of oil and whether it can survive a US recession (both likely IMHO).
Thanks