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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.P.A

Alternate Symbol(s):  ENDTF | T.EIT.P.B | T.EIT.UN

Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.


TSX:EIT.P.A - Post by User

Comment by bubba9on Dec 29, 2021 10:29am
181 Views
Post# 34267380

RE:RE:RE:RE:RE:RE:Registered accts and Tax free accts lose , benefit ???

RE:RE:RE:RE:RE:RE:Registered accts and Tax free accts lose , benefit ???About 2 years ago I disagreed with Gord. Told him I would never put more than 30% in one holding. I broke my rule and doubled down to 60%. He's not wrong and I wish I had put more in . I also have LBS and DGS just to spice things up and I LLOOVVEE banks...
Gord_Alberta wrote: Molly; not sure if you are able to see; I have almost 150 posters on ignore. Way too much clutter & spam if I am able to read their posts...

Regarding my investment strategy, I used to be 100% invested in mutual funds; for diversification. When I found eit; I conducted my research. Contacted family members & others I trusted; Stated that this company looked exactly like a mutual fund; and asked them to show me where my reasoning was incorrect. Not one person disagreed with me. So I transfered my money here.

The funny part was when we sold our house 3 years ago; then went to the bank to get our money. Their investment counseller was almost rubbing his hands in the hope it would be part of his asset base. I explained the money was coming here unless they could prove me wrong. A week later I received their email stating I was making a wise decision...

MollyRJ wrote: Hello Gord, pretty big call on EIT, 90% most out there would tell me with 30% that l am making a mistake. For both our sakes hope you are right and my commitment to EIT shows it, but l am somewhat more diversified than you. You know the adage , all your eggs in one basket. I assume you no5iced unless you are one of thousands that have the in-house created SH trolls on ignore




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