GREY:CRIUF - Post by User
Comment by
deisman03on Jun 24, 2018 3:33pm
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Post# 28220973
RE:RE:SHORTS
RE:RE:SHORTS That all sounds good and well but many people worry that the payout wll not be maintained if the unit price doesn't reflect the value.
Also, there are different thinkers when it comes to investment for income.
The distributions at present are phenomenal.
I first purchased 10k units in the mid C$4 range. I kept buying the dips and selling close to what I perceived was the high on the swings. My ACB certainly isn't in the mid $4 range but it I am now getting quite close.
I gave this info so that people understand my position and why I'm still long with 65K+ units.
When the principal starts to become eroded the distribution doesn't look so good to many investors, especially when they, like Sukhi, are investing for family other than himself.
This trust SHOULD turn around. I believe one of the main culprits with eyes bigger than the trust's bank account is now gone. Still, he holds a substantial amount of Crius units and CAN if he's so predisposed, keep unit price low just because he can. Foolish???? Yes but it's happened before.
Personalities can and do have different ways of viewing things. For instance, a rich man, without encumberances has a far different perception of reality than a wage slave as I once was.
By the way, I'm retired since 58 and relatively comfortable. Crius distributions help to make that happen.
GLTA the good folks here.