2 Thoughts on Canadian O&G Trust ROC
Cap
I will not make any comments on PGH other than remind folks it is considered a partnership for IRS purposes (at least for taxable 02 and 03).
As to ERF, I still have a 3/4 positon from 18 months ago or so after recently swapping out 25% for higher return. I love ERF, but it is way to expensive, IMHO, for new puchases.
At a double in it I cannot afford to swap out more of ERF in 04 but early 05 will have me down to a 50% position with a zero cost basis that I will hold indefinitely. That sell coupled with a probale 50% swap out of AE will represent my PLANNED 05 selling.
I am 2 years into an original 4 year IRA to Roth conversion for myself and my wife so I try to really watch my CGs, unfortunately my luck with MBS REITS and Canroys has stretched that original 4 years into what now looks like will take 6 to convert.
And boy does Uncle love me these last couple years, lol.
Luck
LTBH