Got it backwards, pal. Cramer warned against ANY Canadian income
trust for US residents because of
(1) The 33% withholding tax on foreigners and
(2) The Canadian Finance Miinster, Jim Flaherty, who was previously a
divorce lawyer, wants to destroy all income trusts.
-- lubow.
On Mar 16, 1:56 pm, "BuffettHa...@[EMAIL PROTECTED]
" <BuffettHa...@[EMAIL PROTECTED]
>
wrote:
> So, lower int rates will result in higher prices.
>
> I see several of the oil/gas trusts are paying 12-15% monthly, tempted
> to jump in but got burnt on them sons-of-buts last move on income
> trusts caused me to dump all but my core COS.UN
>
> Was all set to buy PWT.UN until cramer recommended it a week
> back. 12-15% monthly paid yeild never means secure.
