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["don dulmage" <big-d@xxxxxxxxxxxx>]

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• Date: Wed, 28 Apr 1999 08:32:23 -0400

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Message-ID: <3726FD66.F70EA8D4@xxxxxxxxxxxx>
Date: Wed, 28 Apr 1999 08:21:58 -0400
From: don dulmage <big-d@xxxxxxxxxxxx>
Reply-To: big-d@xxxxxxxxxxxx
Organization: dulmage brothers
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To: L-FORWARD@xxxxxxxxxxxxx
Subject: RE GAS PRICES
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How to beat gas prices? Buy stock or better yet, trust units in your
favourite oil company. Use their dividends to buy your fuel. Approx
returns are 10 to 11 percent. This might seem foolish but it works and
sure beats doing nothing and you have to save for your retirement anyway
so why not. Using this method I heat my house all winter for nothing
which is over $1000. Or to put it another way I get $1000 of fuel for
nothing bought for me by the oil companies with their dividends.
Gas is 57 cents per litre here in Canada which is over $2.25 per US
gallon so we know about gas prices. In actual fact 70 cents on the
dollar is tax so it's not all the oil companies. In Canada dividends
from oil trust units are not taxeble as income but are treated as return
on investment and I think, but am not positive, that the same is true
for limited oil partnerships in the US of A.
DOn DulmaGE

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