American hockey fans know to first consider Canadian royalty trusts, before trying out the thin ice of junk bonds at a time balance sheets of most financials, muni's and sovereigns are fraudulent. Yield is still excellent (despite run-up since 03/09)
I've been looking at time today and wanted to share my general findings. I'll do it with one of the better yielding ones, AAV, with a 5 year annual average dividend yield of 14.4%. Over the past six months, it's Trend Model looks like this:
AAV Daily Trend Model
Sell 10/26 @ 6.81 = +9.5%
Buy 12/14 @ 6.16 = +9.9%
Sell 1/20 @ 6.77 = -2.4%
Buy 2/11 @ 6.93 = +7.2%
Sell 3/8 @ 7.43 = +6.1%
Total Return = +30.3%
In other words, trading in and out of these as per the trend models seems superior in every way to buy and holding them for the yield.
Thank you Henrik Zetterberg:
Vancouver, British Columbia -- What are the odds of scoring a tying goal and winning goal with a fraction of a second left on two consecutive nights?
"Probably not very good," said Henrik Zetterberg, whose backhander with .3 seconds left in overtime Saturday beat Roberto Luongo and gave the Red Wings a critical 4-3 victory over the Canucks.
2 comments:
On July 9, 2009, Advantage Energy Income Fund converted from a trust to a corporation. Unitholders of the Fund received, for each trust unit held, one common share of Advantage Oil & Gas Ltd. ("Advantage"). The conversion is tax deferred for Canadian residents and a taxable event for a U.S. taxpayer.
The Fund discontinued cash distributions with the final cash distribution paid to Unitholders on March 16, 2009.
http://www.advantageog.com/financial/taxes/
Ray Stevens has a word to say about Taxes: http://susie1114.com/10percentisgoodenough.html
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