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San Juan Basin Royalty Trust Message Board

  • gismo1940 gismo1940 Apr 8, 2001 4:41 PM Flag

    SJT safe investment?

    SJT is a trust paying excellent royalities. I understand this monthly payment will vary, but I can live with a 10% return as well as a 30% return.

    What concerns me is when the natural gas/oil reserves are depleted, then the unit holder(not stock holder) owns no assets. What do you owners of SJT think is a realistic time frame for this royality trust to exist? Is this a safe investment for a young person?

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    • I think about 10 yrs.

    • My friend, there is no such thing as a safe investment. Even U.S. Government securities can fluctuate widely, and if you have to sell before maturity you can lose big. You sound naive, when you say that you "could live with a 10% return". Asset prices has represented by SJT can go up or down. It depends on oil and gas, prices and the expenses associated with getting that asset out of the ground. Your young and will find all about risk, you quest for safety and guaranteed returns will make your investment returns poorer. Accept risk, do your homework and blame no one but yourself. When you buy any security you are pitting your brains and money against the best financial minds and manipulators in the world.

    • Seems to me you have it figured. Now just tell the rest of us what the answer is.
      Good health and fortune to you.

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