Two Strong Energy Rebound Candidates [View article]
Canadian trusts come with a future tax uncertainty, Canadian withholding, a declining Canadian dollar, and no potential for increased production. Check out the U.S. counterparts, BPT, PBT, SJT, and CRT and hold them in your self-directed IRA's if you can. I own all four. I did own HGT, PVX, and HTE. I hit a double with FDG on a take out by TCK, but the impending tax hit on closing forced my sale on the market at a discount. Canadian trusts come with a lot of unappreciated surprises. My advice is to stay away and seek comparble US entities.
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Canadian trusts come with a future tax uncertainty, Canadian withholding, a declining Canadian dollar, and no potential for increased production. Check out the U.S. counterparts, BPT, PBT, SJT, and CRT and hold them in your self-directed IRA's if you can. I own all four. I did own HGT, PVX, and HTE. I hit a double with FDG on a take out by TCK, but the impending tax hit on closing forced my sale on the market at a discount. Canadian trusts come with a lot of unappreciated surprises. My advice is to stay away and seek comparble US entities.
Nov 03 19:36 pm
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