TSX:DIR.UN - Post by User
Comment by
maypeterson Oct 14, 2021 1:07pm
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Post# 34005823
RE:RE:RE:RE:Another new issue....this one at $16.50
RE:RE:RE:RE:Another new issue....this one at $16.50Amazing. Well done and well deserved. I remember when it used to yield 9%+.
Trudeau thanks you in advance :-) CanSiamCyp wrote: Hey Sarge!
You are right that this one is a real beehive of activity! But I think their strategy of investing in Europe and
repaying all of their N American mortgages (in the 2-3% range) and instead mortgaging all of their
European properties (in the 1% range) was a real game-changer!
At any rate, who can argue with success:
- I purchased 12,000 shares in 2013 for approx. $112,000
- Current market value approx. $198,000
- ACB (with annual RoC adjustments) is approx. $7.23
- So a 75% Gain on Cost and an Unrealized Capital Gain of $111,000
Now the only worry is how much tax my estate will pay when I kick the bucket - a very nice worry to have! LOL!
Cheers!