The big driver of investment returns over time is not figuring which sector is going to be best, or which country is going to be best, or which style is going to be best over the next year or three – the big driver is income and the reinvestment of income
Monday, March 19, 2007
Bought 1,000 Units of Harvest Energy Trust Today
I bought 1,000 units of Harvest Energy Trust today in my RRSP account. Harvest yields almost 17% and since the distribution is most likely 100% taxable I have decided to let the distributions compound tax free in my RRSP until 2011.
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