2006-09-22 01:46:01 · 3 answers · asked by 21inright@sbcglobal.net 2 in Business & Finance ➔ Personal Finance
I receive solicitation for Canadian income trusts often. Usually they are asking for a minimum of $6500 US, but the USD has been losing value against the Canadian Dollar.
Look at the trust to see what the underlying assets are, that provide the income. Past performance is no guarantee of future returns.
Good luck, but be careful.
2006-09-30 00:18:08 · answer #1 · answered by Anonymous · 3⤊ 1⤋
I own a number of Canadian income trusts. The important thing to know is that they trade just exactly like stocks, so basically everything that applies to stocks applies to the income trusts.
In short, the minimum investment is to buy a single share, plus commission - not that you would want to do that as the commission is a bit of a hit.
2006-09-23 11:47:22 · answer #2 · answered by brunt 4 · 0⤊ 0⤋
A lot of REIT(Real Estate Investment Trusts) are trading on the stock exchange and you can invest for pretty much any amount assuming you have enough for a brokerage account. If you want to start small sharebuilder is a good website.
There are also energy companies that have a similar arrangement and some of them are puiblically traded.
2006-09-22 10:40:38 · answer #3 · answered by VATreasures 6 · 0⤊ 0⤋