Post by
AuAgAhhh on Jun 17, 2011 4:05pm
Is there a bottom?
This thing holds good companies and has a high dividend...which is reputed to be sustainable...
Why the dive?
Comment by
moosagi on Jun 17, 2011 7:19pm
"Why the dive?"
https://www.google.ca//finance?chddm=25024&cmpto=TSE:OSPTX&q=TSE:HEX
What dive? the chart above shows that it is indeed tied to the index, as the prospectus states. If the TSX dives, HEX dives. I can live with that due to the long-term stability. If the TSX falls to 9000 or 8000 or 7000 I can still live with that and will buy more HEX
Comment by
gina_cobb on Jun 18, 2011 2:23pm
right on moosagi.....HEX pretty well follows the TXS60 and for myself I mostly ignore the gyrations. ...These kind of stocks will usually keep paying distributions whether the NAV goes up or down (check T. FTN or T.DGS for example. I sold those to buy HEX)....Gina IMHO