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fmikehugo

11/17/03 3:59 PM

#8068 RE: ljk #8063

Linda - Cheer up. The sun will shine again :)

But income investing is a whole different world. When the time comes another UK stock to consider is Lloyds (LYG) current yield 11.26 %.

Beyond that are royalty trusts, particularly those that own oil and gas producing properties called Canroys since most of them are Canadian. I hold 9 Canroys, which as a group are yielding me 13.8%. However, these yields are based on depleting resources, so DD is extremely important to determine whether management is retaining and investing income so as to replace oil and gas that is depleted.