Comments on: Peer to Peer Loan Status – December (2008)

By: Weekend Link Love - Amateur Asset Allocator

Weekend Link Love - Amateur Asset Allocator — Sat, 20 Dec 2008 20:34:04 +0000

[...] Family Income updates us on his peer to peer loan status. Borrowing at a low rate to invest for a higher return is risky but can pay huge dividends. I have [...]

By: passivefamilyincome

passivefamilyincome — Thu, 18 Dec 2008 01:51:17 +0000

S. Marx – Thanks for visiting PFI! I appreciate your comments about investing in CanRoys.

By: S. Marx

S. Marx — Wed, 17 Dec 2008 16:48:57 +0000

Reasons why I invest in CanRoys:

Investing in CanRoys is investing in $45 oil now whereas I believe it will be $100 in 2 years.
High Dividend which even if cut in half will result in over 10% return.
Future of CanRoys can also be positively affected by Canadian politics.
Getting out of U.S. Dollars into Canadian Dollars where they are trading at a discount.
The Canadian tax law may take effect in 2011 but if the CanRoys remain as a MLP they will still be required to return a very high % of income.