Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:Because they can two !

[rk67]

I'm doing smoething similar, except converting to ALA

Instead of getting 0.7 ENB shares for each ENF, I can sell my ENF at a small loss (my b/e is same as yours), and effectively get 1.15 shares of ALA for each ENF.

This increases (not decreases) my dividend to just about 10% :-)

Whatyda think of that?

Cheers,
-RK

freedomfiddy wrote: For Me, it's simple. I own 14,875 ENF. Sold my house in the GTA, dumped it all in to ENF, retired recently at age 51. ENF is my SOLE source of income. My break even is 30. If it goes above that, i'll bail, and see what happens. If it doesn't, i'll hold, and happily convert to ENB shares. It's Enbridge for fukk sakes, not like we're gambling on weed stocks. Folks, that's the ABSOLUTE worse case scenario, we convert to ENB - I think we need to not over react.