Well I'm in a good mood this morning as I see our futures in the US are up, a beautiful rebound in the Japan last night, My China funds don't quit running and that great Brazil news about no more taxing on capital gains and my long Brazilian BONDS yielding +14% and the REAL ( brazil currency ) strength last week to the dollar. ( a double whammy to the upside) Best bonds I have ever owned!!! except maybe in the early 80's but who remembers that. It's all about what have you done for me now kind of game we play.
(My Portfolio is 25% US and Canada, 18% Brazil, 22% Japan, 30% Europe( DAX and FTSE indexs mostly) and 5% Austrailia
Anyways just going to Suggest what I have been doing in Canada for a year or two now. FDG Canadian coal trust yielding 14% and have been dripping the dividend gains anytime it dips.
Same with PTF Petro fund (oil trust yielding 12+%) and they pay MONTHLY dividend of .17c a share but that just increased to .20c a share for the next three months. PTF in 2004 paid out 71% of net income in divs, but 2005 they only had to pay out 53%of net income to meet there div payouts.
This is huge for a trust. got more than 10 yr's of proven reserves for 10 consecutive yr's. They Keep buying and increasing their Canadian reserves. ( Been buying recently Wed. to be exact at 18.10 you gotta love limit orders) it was a stale bid for over a month but it finally hit!!!
If anyone else out there is dripping this one you gotta know how this feels. Its
GREAT...
Well look into this It's a great source of income (if you need it) or to drip it for us old FARTS.
Only complaint taxes are a bitch with the 15% canadian foreign Investors tax, But a good CPA and well you get the idea.
Lets hope the retailers don't screw up this great day for the longs I'm callin it. DOW touches 11150 and I'm happy.
(My Portfolio is 25% US and Canada, 18% Brazil, 22% Japan, 30% Europe( DAX and FTSE indexs mostly) and 5% Austrailia
Anyways just going to Suggest what I have been doing in Canada for a year or two now. FDG Canadian coal trust yielding 14% and have been dripping the dividend gains anytime it dips.
Same with PTF Petro fund (oil trust yielding 12+%) and they pay MONTHLY dividend of .17c a share but that just increased to .20c a share for the next three months. PTF in 2004 paid out 71% of net income in divs, but 2005 they only had to pay out 53%of net income to meet there div payouts.
This is huge for a trust. got more than 10 yr's of proven reserves for 10 consecutive yr's. They Keep buying and increasing their Canadian reserves. ( Been buying recently Wed. to be exact at 18.10 you gotta love limit orders) it was a stale bid for over a month but it finally hit!!!
If anyone else out there is dripping this one you gotta know how this feels. Its
GREAT...Well look into this It's a great source of income (if you need it) or to drip it for us old FARTS.
Only complaint taxes are a bitch with the 15% canadian foreign Investors tax, But a good CPA and well you get the idea.
Lets hope the retailers don't screw up this great day for the longs I'm callin it. DOW touches 11150 and I'm happy.