Message Font: Serif | Sans-Serif
No. of Recommendations: 1
The Exchange Income Fund looks a tad iffy to me. The "bush airline" business has usually been a loser in my opinion. Maybe that is because I know a former owner of one.
Their price-earnings ratio of 27 leaves me cold and their balance sheet on globe investor has 20% intangable assets. I respect your opinion but I get the impression of "smoke and mirrors". You were much closer to the tech bubble of 2001 but my cynisysm saved my butt then.

Enbridge Income Fund looks somewhat more reasonable to me. I am taking a close look at it.

I bought some Pengrowth today at $4.80 so everyone can expect the divi to be cancelled and the price to rise like a stone on a summer breeze.

Print the post  


The Great Foolish North
Canadian social and off-topic banter.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.